re: #516 lawhawk

Or, how about stop the subsidies to universities in the form of GSLs, which have enabled universities and colleges to increase tuition far outpacing the rate of inflation for the past decade.

There’s absolutely no reason that my law school’s tuition has more than doubled since I graduated. You’re not getting twice the education. You’re just getting twice the debt as a student coming out.

NYU and other schools are costing North of $40,000 a year. For undergrad. It makes no sense, and private colleges are continuing to act as though tuition increases are a birthright, particularly since the government continues providing subsidized student loans at an ever larger clip.

Why is it going to cost $100,000 or more to go to a 4 year undergrad? It’s bad enough that the markets are distorted by the government interference, but few can pay - particularly those in the low and middle income brackets, who are squeezed at both ends.

State schools are still a bargain, but not by much. Their tuitions are increasing as well, but some politicians have the idea that illegal aliens should have in-state tuition rates, which is something that lawful citizens of other states couldn’t hope to obtain.

It’s about priorities and not understanding basic economics (heck, it’s econ 101). The government has distorted the marketplace, and academia doesn’t mind since the money keeps rolling in, until it will come to a halt when the credit crunch hits the students who realize they cannot afford the insanely high tuitions and 30 year repayment of their education.

Completely agree. I don’t mind seeing tuition increase at the rate of inflation. But it has been increasing at double or triple that rate for decades now. It’s pathetic and ridiculous.

Meanwhile, the marketplace has changed. Two decades ago, you could expect to get a reasonable paying job with a high school diploma. Today, that is all but impossible; you just can’t make enough to support yourself without some form of college degree. So we’re saddling students with huge debts - more than I paid for my first home, in most cases - in order to prepare them for jobs that will barely keep their heads above water financially in many cases.

The state schools are every bit as bad.