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by alistairSH 2376 days ago
<pedant>The predecessor of the Stafford Loan program was created in 1965, so it was like this for most of our parents.</pedant>

But, the cost of school has outpaced inflation for that period, making the situation worse. No question about that.

We'd probably all be better off if the government simply gave grants to students who meet some minimum threshold. Call it top 20% of class or thereabouts.

1 comments

"cost of school" oh but wait, it's not the cost of tuition as in the people and materials actually involved in it. Just ask any professor.

It's the cost of the administration. The cost of facilities. The extortion racket that are mandatory latest editions textbooks.

Universities are becoming less about teaching people and more about capturing grants and "selling the experience"

Most of those administrators are there for a reason. Regulatory compliance takes manpower (which costs money). Perhaps we regulating the wrong things, or doing too much of it. But, regulations rarely appear for no reason at all.

Some states are making efforts to curb the costs of textbooks and materials. I'm currently working on software to help CA schools roll out their ZTC programs.[1]

1 - https://www.insidehighered.com/digital-learning/article/2019...