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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That will probably lower college costs. Amazing how the cost of college has skyrocketed once the government got in on the loan business.

I’d consider this a win for future students who won’t be saddled with student loan debt. [/quote]
They won’t have the means to pay for college either way. It only benefits the UMC who have additional disposable income to plow into 529 plans. It does not benefit students who require grants and loans because they are without family or parental financial support. [/quote]

Without all those students using grants and loans, colleges will have to lower prices to keep that money flowing in.

The Ivies may continue to only be for the rich, but I could see state schools cut tuition to have higher enrollment.

VA Tech isn’t just going to only have 10,000 students attend who can afford full pay. Better to lower tuition to ensure full enrollment and a higher bottom line. [/quote]

Deflation doesn't work like that.  Sorry not sorry.[/quote]

Please explain how it works then.

You’re right about housing and other large purchases. Why buy today when you can buy tomorrow? That type of deflation will wreck an economy by disincentivizing spending.

For many other consumer goods, deflation doesn’t have nearly the effect. As a basic example, TVs have decreased in price since they were invented. Consumers have benefitted, and still buy TVs. People buy eggs as they get less expensive.

If college costs decreased every year, I’ll still send my kids to college. Even if the price is less expensive the following year. [/quote]
Where are the cost reductions? Will the professor salaries get cut, or services such as counseling, tutoring, student mental support etc  get eliminated. It is my understanding that universities are finding it difficult to get students interested in the teaching profession, so they need to compete for people willing to instruct your dear Larla. How about housing, I guess they can go back to the shit hole dorm rooms that existed when I attended FSU. We didn’t have air condition in Tallahassee florid in some of the dorms. Yikes, just that memory is revolting. Will the cost of boarding decrease despite food prices increasing throughout the country.  Bottom line is that the cost will not decrease, but more schools will close and/or consolidate; thus making the demand for those who can pay more in demand. [/quote]

A particular pattern I see in the reaction to all the Trump policies and EOs by the Democrats on this forum is the belief that somehow things can't possibly ever change.

Right now higher education is facing serious problems, both with the enrollment cliff and the cost of higher education. It's not all due to just one or two factors but multiple factors converging to create the current situation. Among those factors was the arms race among higher education institutions with fancier facilities instead of more classes and bloated bureaucracy (far more bureaucrats/admin hired than faculty, for example), which added to the cost of tuition in ways that didn't meaningful benefit students. At the same time departments became flooded with courses like transqueer politics in Latin America. Fluffy degrees that meant little and accomplished little. By contrast your typical university model outside the US is much more bare bones, direct and also much cheaper.

There's a lot of hunger out in the American population for change and Trump is delivering change and we'll see how it all plays out. Unfortunately for the Democrats, they were not sensitive to the hunger for change on the economy, on the border, on higher education, on DEI policies, all which became too ideologically important to the party and many of its followers that they just did not see a problem when most Americans, in fact, did see a problem. And Trump spoke to them and won. [/quote]

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