What: "Every year as the US government says it will increase the amount of guarenteed lending, colleges increase their tuition - magic! What will happen in education is like the real estate market. No college wants to be the first to say, "My tuition is too high based on the educational outcome, I'll lower it!" Thus colleges will cling to pre-bubble concepts that relate eliteness to high tuition." Yes, all that government money (loans) has gone into vastly inflating the cost of education. The educational institutions have become money whores of the first order.

Writer: gsawpenny

LCC: L

Where:

Date: Jul 31 2011 12:57 PM