And people are like, wait a minute, what if there's some issues there? Well, what we're seeing with within less than a year, and we'll link to this article, but it's talking about UC Irvine cuts MBA tuition a significant amount. Their Flex MBA program was reduced by $30,000. Their Executive MBA program was reduced by $48,000 to be able to get under the cap. Now there's a big problem here as to what we kind of knew was going on, tuition inflation, where it wasn't needed to be that high. (01:20–01:35)
CLAIM
Asserts that UC Irvine reduced tuition for its MBA programs to comply with the new loan cap.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.