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05:48 AM
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Why is Higher Education So Expensive?
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 23182389:MV8yMDc3NTk4XzM0OTc2MzY0XzRDOEE5MDM0] [quote:Anonymous Coward 29004976:MV8yMDc3NTk4XzM0OTc2MzEwXzRBNkMyRUE=] Because loan money is available. The schools therefore take advantage of this and push up prices higher than they should be. Same thing that doctors did once people started being covered by Medicare, private ins,, etc. For houses.........if no mortgage money was available......then the price of the house would be much closer to the actual cost of production. [/quote] BINGO! Thomas Jefferson warned against private central banking... I was reading The 5000 Year Leap http://www.amazon.com/5000-Year-Leap-Original-Authorized/dp/0880801484 on why the founding fathers were so against private central banking was because of the very same reason you listed. Boom and bust. Repeat because of printing money out of thin air... [/quote]
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Nice short video on how demand is driving the tuition increases.
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