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The inflation in tuition is a result of two things - increased expectations of the "college experience" by students, and the easy availability of cheap money fr
by chiph 8y ago
The inflation in tuition is a result of two things - increased expectations of the "college experience" by students, and the easy availability of cheap money from those students via non-dischargable government loans. Asking the government to pay for it would be like when Oprah handed out free cars. [0]
I'm hoping that a new generation of freshmen are telling the admissions people: "I want to go to your school, but I'm worried about the debt. Can I get a discount if I never use the free candy & coffee bars or the climbing wall and get a regular mattress instead of the expensive memory-foam one?"
[0] https://www.autoblog.com/2014/09/12/oprah-free-car-giveaway-10-years-later-featured/ https://www.autoblog.com/2014/09/12/oprah-free-car-giveaway-...
- hakfoo 8y agoI suspect they'd rig it as some elaborate "opt-out" process. I recall at my university, circa 2000, you could theoretically get back the fee that paid for the student council services, but you had to go to some random room in the middle of the day to claim it and it was USD1/semester. Meanwhile the much larger gym fee was not refundable.