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by jblow 2998 days ago
But that’s not the real problem. The real problem is that the legitimate schools have been able to raise their prices tremendously because the students have all this easy money given to them for just that purpose.
2 comments

Tongue in cheek it can't help that people take advantage of states by getting cheap state subsidized tuition and then flee to low tax states when it pays off.
Well, I agree, but that's definitely a totally bipartisan scam. It's not just the loan subisidies, though. A huge amount of federal policy building over 70 years shovels tax money towards "higher ed". Most major schools are de facto defense contractors.