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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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/

[b]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.[/b] [/quote]

Exactly.[/quote]

If public schools all of the sudden receive a huge public injection of funds, they are not going to decrease tuition - each of the schools already has a group of customers (students and families) willing to pay certain costs.  Instead, the public schools  will spend the funds to improve and would even increase tuition due to the improvements relative to private schools.   [/quote]

Correct! Same reason why it doesn't benefit the avg consumer if you give tax-breaks to corporations. They (the corporations) put the extra into reserve or buy back their stock, they don't embark on capital projects and go on hiring sprees. Mirror image of the inadequacy of "trickle down economics".[/quote]

[i]Of course[/i] it's not correct. The federal government, through the Higher Ed Act (which created the student loan program--and the nation's fifth largest lending program, incongruously run by the Department of Education, which has no banking expertise--and is now way overdue for reauthorization) could inject funds with strings attached.

For instance, the strings could be that the funds be used to lower tuition, or lower the sticker price, or lower the net price for X% of students--or that to get the funds, the state also invest sufficiently to take the net price to zero for in-state students.

There are a million options once you are past the idea that--as with the federal student aid program itself--the money is just out there with minimal strings attached as far as the institutions are concerned. [/quote]

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