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There is more to the problem then just available capital. In fact during the Bush administration, the government vastly increased the amount of capital availabl
by InTheArena 8y ago
There is more to the problem then just available capital. In fact during the Bush administration, the government vastly increased the amount of capital available under pell grants and financial aid. These loans had horrible conditions, which people didn't read, and worse were increased the supply of cash, while not changing the amount of supply of education. Basic economics worked out - college tuition rose to meet the additional availability of capital.