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You're telling us that if everyone suddenly had to pay their entire education out of pocket (because the "conservatives" presumably cut all tax benefits) that i

You're telling us that if everyone suddenly had to pay their entire education out of pocket (because the "conservatives" presumably cut all tax benefits) that it would cause a rise in tuition costs? Free/easy money causes the price of assets to rise, as our Fed is demonstrating. Why would it be the opposite with education?

woodandsteel 10y ago
By taxes, I meant tax money that the state uses to subsidize public universities. The easy money of student loans is a federal program, not the state governments. And conservatives like it because then the big financial corporations that make student loans can make lots of money. And the more expensive education is, the more money they can make. So yes, conservatives think it is just great when higher education gets more expensive.
- woodandsteel 10y ago
  Let me explain this in a more organized manner. To start, conservatives have three basic values: democracy, the free market, and religion. The oppose marxism because it is totalitarian, socialist, and atheist. The opposed the old universities because they believed they were marxist. They like it that the new universities have become more expensive because that keeps people out of universities, or when they are in they enroll in business-oriented programs rather than the humanities, which are rather anti-business. They like it that universities have abandoned education in favor of entrepreneurship. And they like the student loan program because it helps universities be like businesses, and makes lots of money for financial corporations. Do you really disagree this is what conservatives think and feel?
  - jcizzle 10y ago
    What is a 'financial corporation'? Is there a non-financial corporation that exists? How have universities abandoned education to favor entrepreneurship? How were universities previously not like businesses, and how do student loans - which have existed for quite some time - make them be 'be like businesses'? If the axes for conservatism are democracy, the free market and religion, where do people who only care about 1 or 2 of those items fall? Since college enrollment is rising significantly, how is it keeping people out of universities?
gshulegaard 10y ago
I am not sure exactly, but a plausible interaction would be: Tax benefits cut forcing more students to seek financial loans for student expenses. Conservatives further protect lending institutions (and punish students) by making student debt one of the forms of debt not clearable by bankruptcy creating an artificial safety for lenders. Student loans are now a low risk lending market so lenders relax requirements for loans. Now students have greater access to financial loans of larger size so Universities are able to raise tuition without impacting operations/enrollment. This is obviously a contrived line of reasoning, but the point is that there is a complex interaction occurring resulting in what I (personally) would consider market failure.
deleted 10y ago
[deleted]

woodandsteel 10y ago

By taxes, I meant tax money that the state uses to subsidize public universities. The easy money of student loans is a federal program, not the state governments. And conservatives like it because then the big financial corporations that make student loans can make lots of money. And the more expensive education is, the more money they can make. So yes, conservatives think it is just great when higher education gets more expensive.

woodandsteel 10y ago
Let me explain this in a more organized manner. To start, conservatives have three basic values: democracy, the free market, and religion. The oppose marxism because it is totalitarian, socialist, and atheist. The opposed the old universities because they believed they were marxist. They like it that the new universities have become more expensive because that keeps people out of universities, or when they are in they enroll in business-oriented programs rather than the humanities, which are rather anti-business. They like it that universities have abandoned education in favor of entrepreneurship. And they like the student loan program because it helps universities be like businesses, and makes lots of money for financial corporations. Do you really disagree this is what conservatives think and feel?
- jcizzle 10y ago
  What is a 'financial corporation'? Is there a non-financial corporation that exists? How have universities abandoned education to favor entrepreneurship? How were universities previously not like businesses, and how do student loans - which have existed for quite some time - make them be 'be like businesses'? If the axes for conservatism are democracy, the free market and religion, where do people who only care about 1 or 2 of those items fall? Since college enrollment is rising significantly, how is it keeping people out of universities?

gshulegaard 10y ago

I am not sure exactly, but a plausible interaction would be: Tax benefits cut forcing more students to seek financial loans for student expenses. Conservatives further protect lending institutions (and punish students) by making student debt one of the forms of debt not clearable by bankruptcy creating an artificial safety for lenders. Student loans are now a low risk lending market so lenders relax requirements for loans. Now students have greater access to financial loans of larger size so Universities are able to raise tuition without impacting operations/enrollment. This is obviously a contrived line of reasoning, but the point is that there is a complex interaction occurring resulting in what I (personally) would consider market failure.

deleted 10y ago

[deleted]