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I've ranted before about how tuition is rising because we keep pumping more money into the system in the form of student loans. Our efforts to make higher educ
by D13Fd 6y ago
I've ranted before about how tuition is rising because we keep pumping more money into the system in the form of student loans.
Our efforts to make higher education more available by giving more and more student loans have backfired again and again by driving up tuition costs. The more money students have to pay tuition, the higher tuition costs will go.
In many cases the increased funds are being spent by schools on things that are not directly related to education, like elaborate student centers and other upscale facilities designed to attract more students.
The end result is that we are making students slaves to massive government debt but, for many of them, not providing any better education than they would have had if school were cheaper and the facilities maybe a little bit less nice.