Reply to When will the college tuition bubble burst?

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[quote=Anonymous]Everyone here posting the roundly disproven Bennett hypothesis that federal loan availability drives the cost of college needs to take a good hard look at the proportion of the cost of their in-state option that has been paid by the state government over the last, say, 50 years. It's a line plummeting almost down to the Y axis in some states (and especially for the flagship publics, which play a key role in setting expectations in a state about what college "should cost.")

http://www.amacad.org/sites/default/files/academy/multimedia/pdfs/publications/researchpapersmonographs/PublicResearchUniv_ChangesInStateFunding.pdf

In 43 states, state revenue contributions to public higher education are still below where they were before the Great Recession--and in 7 of those they are 30% below where they were. https://shef.sheeo.org/report/

In general, public institutions' costs set the floor of what is "reasonable," and privates follow it accordingly.

So if you want lower tuition costs, vote for public investment in public higher education. [/quote]

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