4 ms·

That was because states covered most of the budget. Austerity policies changed that. And supply and demand is not applicable to macroeconomics, which education

That was because states covered most of the budget. Austerity policies changed that. And supply and demand is not applicable to macroeconomics, which education is part of.

nostrebored 8y ago
States still cover most of the budget. As someone who went to school while poor and on a scholarship, I hated this, the price was so inflated because 1) The government pays the majority of it if you're poor, schools know you'll pay 2) If you're middle class your parents pay half of it, the government pays half of it, schools know they'll pay 3) If you're upper class, you might have a legacy admission and the school knows your parents will pay and probably donate to the school too
- rrcaptain 8y ago
  There's a difference between the government funding education and the government funding students. Costs are high because the government funds students (sometimes), not education. And very few people get government scholarships, most get loans which must be repayed: essentially an extra tax on the middle class.
  - nostrebored 8y ago
    Government funds most public universities to an absurd degree. Tuition is a drop in the bucket for most schools. Government loans are an extra tax on everyone, and are best seen as a money transfer from all taxpayers to public institutions.
    - rrcaptain 8y ago
      Government loans aren't a tax on those who don't need them, who are the very people who should be taxed the most. And states only fund roughly half of school's out of their budgets and that number has decreased in recent years.
  - dragonwriter 8y ago
    > And very few people get government scholarships, Untrue. Lots of people get Pell Grants, but the value of each is very small.
    - nostrebored 8y ago
      Grants and scholarships are different, FWIW. Pell grants can be an extreme amount of money depending on your income bracket, but given the prior knowledge that people at each income bracket will make up the difference in amount (for a service like education), it can be seen as increasing school prices by the highest paid amount.
    - rrcaptain 8y ago
      Yes I suppose you're technically correct. But government grants hardly pay for poor people's education, especially considering they trap them in the cycle of being unable to pay for books and food without earning too much to lose the grant.

That was because states covered most of the budget. Austerity policies changed that. And supply and demand is not applicable to macroeconomics, which education is part of.

nostrebored 8y ago

States still cover most of the budget. As someone who went to school while poor and on a scholarship, I hated this, the price was so inflated because 1) The government pays the majority of it if you're poor, schools know you'll pay 2) If you're middle class your parents pay half of it, the government pays half of it, schools know they'll pay 3) If you're upper class, you might have a legacy admission and the school knows your parents will pay and probably donate to the school too

rrcaptain 8y ago
There's a difference between the government funding education and the government funding students. Costs are high because the government funds students (sometimes), not education. And very few people get government scholarships, most get loans which must be repayed: essentially an extra tax on the middle class.
- nostrebored 8y ago
  Government funds most public universities to an absurd degree. Tuition is a drop in the bucket for most schools. Government loans are an extra tax on everyone, and are best seen as a money transfer from all taxpayers to public institutions.
  - rrcaptain 8y ago
    Government loans aren't a tax on those who don't need them, who are the very people who should be taxed the most. And states only fund roughly half of school's out of their budgets and that number has decreased in recent years.
- dragonwriter 8y ago
  > And very few people get government scholarships, Untrue. Lots of people get Pell Grants, but the value of each is very small.
  - nostrebored 8y ago
    Grants and scholarships are different, FWIW. Pell grants can be an extreme amount of money depending on your income bracket, but given the prior knowledge that people at each income bracket will make up the difference in amount (for a service like education), it can be seen as increasing school prices by the highest paid amount.
  - rrcaptain 8y ago
    Yes I suppose you're technically correct. But government grants hardly pay for poor people's education, especially considering they trap them in the cycle of being unable to pay for books and food without earning too much to lose the grant.