|
Re: For Unpaid College Loans, Feds Dock Social Sec
Quote:
Originally Posted by ILG
I know that loans have forced tuition through the roof and that you can't declare bankruptcy on these but WHY have they forced tuition through the roof? What is the cause and effect here?
|
Because the higher the government raises the limits on these loans the higher the tuition goes, not as a result of normal supply and demand but as an artificial government push of prices. If students attended college based on scholarships and cash on hand the supply of students would be lower or the cost of tuition would have to be lowered to meet the actual abilities of students.
__________________
"Beware lest you lose the substance by grasping at the shadow." ~Aesop
|
Threaded Mode
