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IIRC student loan debt was made non-dischargeable by bankruptcy when the government started guaranteeing all student loans. This is the reason why tuition has b

• jimhefferon 11y ago
  > Because supply of money is basically unlimited, schools can increase tuition each year. While I am not an expert on the matter, I do work at a college and in my experience there is more to it than that. Just to name one, when I went to school in the late 70's we lived in cinder block dorms and ate in a cafeteria that basically had one dinner choice, while if we offered that today students would not come here. All that stuff costs money, also. Plenty of blame to go around.
  • bryondowd 11y ago
    Room and board is generally separate from tuition. The college I went to charged obscene amounts for it's dorms. You could get a studio apartment to yourself twice the size within 15 minutes of campus for about the same price as having to share a tiny dorm room. The on-campus apartments were worse, since the amount the four people sharing an apartment were paying combined would be enough to rent a good sized house nearby with money left over. I'm sure they get enough charging for the rooms that it isn't affecting tuition price.