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by tzs
20 days ago
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> Federally subsidized loans is directly (not solely) responsible for rapid inflation of college costs in the US. Is it? Several years ago I looked for historical data on tuition rates. I wasn't able to find much only, but did find data for Stanford and some large public university whose name I don't recall. When I graphed their tuitions over 100 years starting from the early 1900s along with a graph of inflation over that same time the tuitions grew at roughly a fixed multiple of the inflation rate. That pattern and multiple were the same before and after the arrival of federally subsidized loans. Maybe if I had found data on a lot more schools something would have shown up. |
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