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Zeitghost

(3,796 posts)
45. It's econ 101
Wed Aug 24, 2022, 10:42 PM
Aug 2022

Universities are already running at capacity and almost all turn away kids, some by the tens of thousand. Flooding the market with cheap, easy to get debt will, and has, led to runaway tuition.

There is very little price competition in higher ed. Prices are largely set by how much FA the target students can qualify for.

First let me say this student loan forgiveness is a big wonderful idea. FalloutShelter Aug 2022 #1
again there are many things we take for granted drray23 Aug 2022 #3
Not so simple. That 'choice' often means giving up a career and opportunity. tinrobot Aug 2022 #21
I agree FalloutShelter Aug 2022 #24
For those of us who went to college in the 1970's Turbineguy Aug 2022 #2
Bingo. PoindexterOglethorpe Aug 2022 #5
Here, Here. I second that emotion BOSSHOG Aug 2022 #17
Exactly the increase in costs treestar Aug 2022 #19
I lived in California in the 70s. Education was king back in Walleye Aug 2022 #40
Thanks, well said Cozmo Aug 2022 #44
This. Voltaire2 Aug 2022 #60
If an unfair system stops being unfair, somebody's going to take it in the shorts gratuitous Aug 2022 #4
I went to college in the late '60s. Ocelot II Aug 2022 #6
Exactly. I graduated in 1995. When I started, tuition was $54 a credit hour. when I finished Ray Bruns Aug 2022 #18
Same here. MLAA Aug 2022 #34
When I graduated in 1969 Ocelot II Aug 2022 #38
Absolutely! SheltieLover Aug 2022 #30
This message was self-deleted by its author elias7 Aug 2022 #7
Everybody does not get a "free ride." Ocelot II Aug 2022 #9
Student loans shouldn't exist. rownesheck Aug 2022 #8
In some countries it is, or nearly so. Ocelot II Aug 2022 #10
SOCIALISM!!! Fiendish Thingy Aug 2022 #14
Someone has to pay for it. The question is who should spooky3 Aug 2022 #36
Check out Norway: College students, even foreign ones, pay no tuition at all. Ocelot II Aug 2022 #56
If anyone should be aggrieved it's me. meadowlander Aug 2022 #11
It is certainly a faulty arguement Zeitghost Aug 2022 #12
there was extensive financial aid reform taken yesterday by Biden Celerity Aug 2022 #27
Yes Zeitghost Aug 2022 #35
You don't know that. Higher Ed is a competitive business. spooky3 Aug 2022 #41
It's econ 101 Zeitghost Aug 2022 #45
Please link to a study published in a top refereed journal spooky3 Aug 2022 #52
Do you have an Econlit account? Zeitghost Aug 2022 #57
I am glad to see money directed toward young people. We certainly left them with a screwed world. NNadir Aug 2022 #13
It's good for the economy, and hence good for everyone. Gore1FL Aug 2022 #15
How do those people feel about scholarships? Mr.Bill Aug 2022 #16
It is always better to give tax money to each other than to corporations & their investors. NullTuples Aug 2022 #20
Anyone that uses that argument just doesn't get the bigger picture. nt 2 Meow Momma Aug 2022 #22
People should pay back what they borrow. Demobrat Aug 2022 #23
The federal government took over student loans in 2010. former9thward Aug 2022 #33
A lot of students get loans at private banks. spooky3 Aug 2022 #43
Private loans (which are not covered by the new policies) Zeitghost Aug 2022 #46
I was responding to a poster who claimed that banks were spooky3 Aug 2022 #47
You can get loans from Mafia loan sharks too? former9thward Aug 2022 #51
Moving the goal posts again? Have a nice night. Nt spooky3 Aug 2022 #53
You have not addressed the central question. former9thward Aug 2022 #55
Why would anyone do that? former9thward Aug 2022 #48
That is a different question entirely. Nt spooky3 Aug 2022 #54
I paid mine. I support forgiveness and relief Sympthsical Aug 2022 #25
We forgot how much tuition has increased Farmer-Rick Aug 2022 #26
Yes, see #38. Ocelot II Aug 2022 #39
What "servicers"? former9thward Aug 2022 #50
Those loans were necessary because of cheap labor conservatism Warpy Aug 2022 #28
Goes back Bear Creek Aug 2022 #29
From what I see ... AncientOfDays Aug 2022 #31
Great line I saw the other day maxrandb Aug 2022 #32
You hit the nail on the head. /nt spudspud Aug 2022 #49
I'd say the interest could have been waived, but you must pay what you borrow AlexSFCA Aug 2022 #37
Much of what you suggest was also announced today Justice Aug 2022 #58
It's as bad as whining about "your tax dollars" going to schools when you got no kids nt. Pluvious Aug 2022 #42
I'm sure that those who are complaining have benefitted from another taxpayer funded windfall ecstatic Aug 2022 #59
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