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The most likely reason that these tuition costs go so high is because the government is basically willing to give as much money as is needed to get them there.
by beowulfey 4y ago
The most likely reason that these tuition costs go so high is because the government is basically willing to give as much money as is needed to get them there. Over the past 50 years, for every dollar given by the government in funding average tuition increased next year by $0.60 [1].
The trouble is, if you take away the student loans the cost of tuition will drop but a lot fewer people will be able to go.
1. https://educationdata.org/average-cost-of-college-by-year https://educationdata.org/average-cost-of-college-by-year