Originally Posted by Val
Originally Posted by indigo
questions as to what has spurred the rapid increase in University tuition: Funding research? Shifting costs to some students in order to subsidize others? Paying out lifetime retirement benefits? The most effective answers to controlling costs of higher education may be in identifying the areas of cost growth, prior to considering how growing costs might be funded. As with gifted students, each institution may have a unique profile, and therefore a unique approach, rather than a one-size-fits-all policy.

IMO (and I believe there is some evidence to support this opinion), the easy availability of credit (student loans) is a huge factor in the costs going up. Turn off the tap, and the costs will likely go down.

But it's so much fun to poof massive amounts of debt into existence!

It's like magic!