Quote:
Originally Posted by Dondilion
Everybody is hustling.
The "real " universities love the government assisted loan programs...students' easy access to loans makes it much easier to raise fees.
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Yep. The $10K giveaway will help some people but does nothing to solve the problem (it may indeed make it worse for the reason you state). The federal government should come up with a program whereby it prohibits federal funding to public universities (nearly all get federal $$$) unless they limit tuition and tuition growth to a fixed economic index.
This problem largely came about when state governors (mostly Republican, in the beginning anyway), in a effort to cut taxes to enhance their reelection prospects, reduced subsidies to state universities in favor of passing costs directly to students.
Gov. McDonnell did it in Virginia,
Gov. Ehrlich did it in Maryland and
Schwarzenegger did it in California.