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Political Discussion
Reply to "Free Community College"
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[quote=Anonymous][quote=Anonymous]It's not that hard to understand why tuition has risen exponentially... it's basic supply/demand. [b]30 years ago, college was cheap since not everybody could go, and thus demand was low and costs were cheap. [/b]Then, various programs made it easier for people to access college, which created more demand. When more demand was created, the supplier was able to charge more for the product, and can continue to charge more for the product as long as people are willing to pay the cost of admission. IMO, continuing to create more demand for the product will not curtail the cost of admission the least bit.[/quote] Nonsense. read back to yourself what you just wrote . " it was cheap ....but not everybody could go " what programs changed the " ability to go " , PP ? Pell Grants have been around for at least 50 years. As were student loans. The only things that have changed is grade inflation and tuition inflation. Both serve the master, which is that the banking industry must be fed with more and more loans, regardless of how high the tuition gets or how poor the earning potential for a given BA degree. The loans keep being issued. See this before in another industry ?[/quote]
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