How government programs drive up college tuitions

rsty614 Says:

May 3, 2012 - they already do that its called private vs. public, but like you pointed out before a private degree isn't necessarily more valuable than a public degree yet they still have higher prices.... and there would still be competition if there were a reasonable cap

xMaXiMuSx Says:

May 2, 2012 - there shouldn't be a tution cap.. some college that have more quality teachers and so and on might be a little more expensive.. let them compete on price and quality..

rsty614 Says:

May 2, 2012 - you misunderstood my comment, I didn't say they are valuable, i said they are "deemed" valuable, which is "why everyone has a BA these days" as you put it....well if subsidies are the main problem then why not take a closer look at colleges and find out what setting a reasonable "tuition cap" would do to the market

supersmash43 Says:

Apr 28, 2012 - Student loans alone don't explain why colleges are so damn expensive.

xMaXiMuSx Says:

Apr 22, 2012 - lol you're clueless.. Everyone has a BA these days.. It's not "valuable".. it's worthless.. and the cost would collpase if the goverment ended the subsidy.. regulate what again??

rsty614 Says:

Apr 22, 2012 - doubt it, college is deemed as being too valuable, even if I'm wrong and people stop paying for college, do you think the govt. (state or federal) will let public colleges (hell even private colleges) fail? Need oversight and regulation

xMaXiMuSx Says:

Apr 21, 2012 - no.. it would be cheap.. maybe harvard and a few elites can charge a lot more but 99% of them would collapse.

James Patrick Says:

Apr 19, 2012 - Peter Schiff nailed the flaws spot on.

rsty614 Says:

Mar 16, 2012 - I agree with this, might have negative side effects as well

StayClassyYou Says:

Mar 1, 2012 - With so many jobs now requiring a college degree, it's perfectly logical to say the demand has increased (which should contribute to increased prices). Also, what about the fact that colleges and universities, as non-profit institutions, are allowed to price discriminate? Doesn't this create the incentive to list an exorbitantly high starting price (say 35k/year) because they can knock it down according to household income? Subsidies are a problem, but I think there's more to it as well.

Proemed Says:

Feb 24, 2012 - @rusty614 My point is that if school's reimbursement was directly tied into your career success then schools would be much more focused on what they should be teaching. Since your success or failure doesn't effect them financially they have no reason to care. You see?

Proemed Says:

Feb 24, 2012 - Your comparing a state required education requirement of a doctor with a no state requirement of education, an Economist. If the state didn't require medical school to become a doc, who knows what a doc's salary would be? Anything requiring education by law, not by convention, is a unique circumstance because you can't compare educated docs or lawyers to uneducated docs and lawyers. They R required to be college educated always.

rsty614 Says:

Feb 24, 2012 - I think we are in agreement then, schools would be expensive regardless of the lending situation

rsty614 Says:

Feb 24, 2012 - you said school matters more than major, just pointing out that isn't always true

Proemed Says:

Feb 24, 2012 - I'm talking about employers in the American market. When U say an economic maj from Harvard vs a public school doc is better suited, I don't know what U mean. A harvard grad economic maj is more likely to work on Wall St than a doc from anywhere. Most Wall st jobs pay way more than doc jobs. What exactly do U mean by "better suited"?

Proemed Says:

Feb 24, 2012 - Is that why China has all the money and America has all the debt? Your little simplified factoids kind of fall apart in the real world.

Proemed Says:

Feb 24, 2012 - Is that why China has all the money and America has all the debt? Your little simplified factoids kind of fall apart in the real world.

Proemed Says:

Feb 24, 2012 - Of course the govt doesn't credit card loans. Credit cards are all different interest rates which depend on the amount of risk the bank asses to the loan. But no bank is going to allow a student to charge his entire tuition, with a 4 yr loan deferment on a credit card! Thats ridiculous! A student loan is nothing like a credit card loan. Do U even know what students loan are?

Proemed Says:

Feb 24, 2012 - Who is pretending? Without the govt backing the loan the banks would not lend to students. That is the whole idea of a govt backed loan! The bank wants lender to default its that simple, they make more money that way! I never said wealth ppl need the loans. I said take away a govt backed loan and only the wealthy will be able to afford college now.

rsty614 Says:

Feb 23, 2012 - so an economics major from Harvard is better suited than someone who went to medical school from a public college? not sure what employers you are talking about. I'm glad we agree, the reason college tuition is rising is because the free market, not because of the govt. glad that is settled then

rsty614 Says:

Feb 23, 2012 - so why do credit card companies advertise to college students who make no money, does the government guarantee credit card bills for students too?

rsty614 Says:

Feb 23, 2012 - 88% of students are in debt before they ever have a job, Lending money is one of the most profitable things to do for a company in america, stop pretending that the govt. is the reason lending and credit card companies make hundreds of millions of dollars off of loaning money to poor or middle class people, if you are wealthy you don't need a loan, so what the hell are you talking about wealthy people getting loans?

xMaXiMuSx Says:

Feb 23, 2012 - well it's gone up because of massive taxes, devaluation of the currency and various other mechanisms that destroy competition in the industry.