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Thanks for the clarification. I stand by my point about good and bad in everything. Doing nothing because there might be some bad consequences is unwise. On th

Thanks for the clarification. I stand by my point about good and bad in everything. Doing nothing because there might be some bad consequences is unwise. On this specific point: I have yet to see much consensus in research that the loans drove up the cost of college; last I knew there was one paper. AFAIK, it's a story started by the partisan 'shrink-goverment-at-all-costs' crowd, and the repeated.

chiefalchemist 8y ago
Loans increased demand. Demand drives up price. Loans also increased the price the market can bear. A study for Ecom 101 just feels like more gov excess.
- forapurpose 8y ago
  That's theory and it ignores all other factors. There's a reason that science, the law, and other fields rely on observable fact, not theory.