3 ms·

> "Throw more money" at things shouldn't be an unquestionable truth. We did this with college loans and now college is unbelievably expensive I think that's no

> "Throw more money" at things shouldn't be an unquestionable truth. We did this with college loans and now college is unbelievably expensive I think that's not the cause. I've seen research showing that tuition increases are strongly correlated with cuts in government funding for higher education.

drzaiusapelord 10y ago
If there's some government program that hands out up to x amount of dollars for product y, then product y will quickly cost x amount of dollars.Education cuts have nothing to do with this. If anything colleges are rolling in money. If they aren't providing resources needed for their staff, then thats something staff needs to take up with the college. Blaming the government because these colleges just keep dumping money into their vast endowments is fairly ridiculous. Gutting my medicare and social security to preserve endowments is asinine. https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf https://www.newyorkfed.org/medialibrary/media/research/staff... https://www.forbes.com/sites/jeffreydorfman/2015/07/13/financial-aid-helps-colleges-more-than-students/#5d586e20693f https://www.forbes.com/sites/jeffreydorfman/2015/07/13/finan... http://www.slate.com/blogs/moneybox/2015/09/08/student_loans_drive_up_college_costs_what_should_we_do_about_it.html http://www.slate.com/blogs/moneybox/2015/09/08/student_loans...
- hackuser 10y ago
  Those are interesting theories, but do you have any support for these statements? They don't match what I understand, the facts (taxpayer support for higher education has has been cut widely), and what research I've seen shows. EDIT: Regarding the links you added (thanks): * The Slate article says, based on a study, it might be possible that student loan availability could be increasing the cost of college, but it's only a possibility. The article also says that among the biggest culprits are for-profit institutions and advocates blanket funding of higher education as a solution, a la Hillary Clinton and Bernie Sanders. * The New York Fed link is to the study covered by the Slate article. * The Forbes page doesn't want to load. I don't see that as backing much of the parent comment. Also I'll note that a great proportion of funding for higher education is not via student loans, but taxpayer funding for research and for public universities and colleges.

drzaiusapelord 10y ago

If there's some government program that hands out up to x amount of dollars for product y, then product y will quickly cost x amount of dollars.Education cuts have nothing to do with this. If anything colleges are rolling in money. If they aren't providing resources needed for their staff, then thats something staff needs to take up with the college. Blaming the government because these colleges just keep dumping money into their vast endowments is fairly ridiculous. Gutting my medicare and social security to preserve endowments is asinine. https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf https://www.newyorkfed.org/medialibrary/media/research/staff... https://www.forbes.com/sites/jeffreydorfman/2015/07/13/financial-aid-helps-colleges-more-than-students/#5d586e20693f https://www.forbes.com/sites/jeffreydorfman/2015/07/13/finan... http://www.slate.com/blogs/moneybox/2015/09/08/student_loans_drive_up_college_costs_what_should_we_do_about_it.html http://www.slate.com/blogs/moneybox/2015/09/08/student_loans...

hackuser 10y ago
Those are interesting theories, but do you have any support for these statements? They don't match what I understand, the facts (taxpayer support for higher education has has been cut widely), and what research I've seen shows. EDIT: Regarding the links you added (thanks): * The Slate article says, based on a study, it might be possible that student loan availability could be increasing the cost of college, but it's only a possibility. The article also says that among the biggest culprits are for-profit institutions and advocates blanket funding of higher education as a solution, a la Hillary Clinton and Bernie Sanders. * The New York Fed link is to the study covered by the Slate article. * The Forbes page doesn't want to load. I don't see that as backing much of the parent comment. Also I'll note that a great proportion of funding for higher education is not via student loans, but taxpayer funding for research and for public universities and colleges.