3 ms·
It's unreal that most of the comments here are missing this. The government guarantees effectively infinite loans that can be put toward college, and prices ris
by lend000 4y ago
It's unreal that most of the comments here are missing this. The government guarantees effectively infinite loans that can be put toward college, and prices rise to meet the supply. Cause and effect.
- kmeisthax 4y agoYes, but if you control the supply, and the government was guaranteeing infinite demand via loans, wouldn't you want to scale your programs up to make more money rather than just inviting more people to share in the grift?
- lend000 4y agoColleges make more money anyway, and the additional bloat does support larger programs, just not very efficiently. With all the free money floating around, I suppose they aren't very economically pressured to be efficient. They surely need large administrative departments dedicated to making sure students have an easy time securing more loans.
- hollandheese 4y agoExcept prices have continued to rise while college enrollments have been decreasing the past 5 years.