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College and University Discussion
Reply to "When will the college tuition bubble burst?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The high cost of tuition is driven by the availability of federal loans to fund it. The Department of Education could put a brake on the rising costs by imposing rules on schools for eligibility, including limiting the price tag, for tuition or for other expenses. [/quote] +1. Stop making it so easy to get a loan for college, and the cost will go down. [/quote] Yeah this. Would probably take an act of congress but as PP said no federal funding for private schools with tuition above a certain level. Same provision for out-of-state public. I bet the schools will adapt real quick and get 'lean' in areas with waste and overspending in order to lower tuition. Even the 'reachy lottery' schools don't like the optics of being seen as bastions of economic 1%ers, a change in federal loan law will make them stick out sorely and they'll move to fix, others will either follow or fold. [/quote]
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