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by xdracon
4577 days ago
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"The bottom line: For the large majority of college students, rising tuitions have nothing to do with the availability of student loans or Pell Grants. What’s happening, instead, is that the burden of paying for college that was previously provided directly by government has now been shifted onto the backs of students, in the form of crippling debt." http://www.salon.com/2012/05/11/tuition_is_too_damn_high/ |
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So you're telling me... after seeing an explosion in housing prices after more debt financing was made available, it's not conceivable that the same dynamic is at play in education?
Hmmmm.