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> King for a day, I'd remove the government out of the student loan business entirely. That'd have a massive drop in college pricing. Why do you think it would
by tzs 3y ago
> King for a day, I'd remove the government out of the student loan business entirely. That'd have a massive drop in college pricing.
Why do you think it would do that?
I once tried to take a look at college pricing over the last century but wasn't able to find much data. For the few schools where I did find data I found a general trend of college prices going up at something like 2ish times the inflation rate.
That trend didn't show any obvious change when the government got into the student loan business. Prices continued to go up at about the same rate I'd expect based on how they had gone up before. That suggests government loans aren't a major factor in price increases, and so it seems doubtful that taking them away would make much pricing difference.