Do you think that government loans to college students should stop?
Monday, October 25th, 2010
because that is the reason college is so expensive.
Colleges know the government will foot the bill so they charge more and students leave college with more debt. Then people blame the free market and we have more government intervention.
On a free market the price would be much lower.
Government loan’s distort the market because it means we have too many people going to college.
On a free market if you really needed a loan you would go to the bank. The bank has their statisticians and they will grant you a loan based on the statistic regarding your course degree. If they find you can pay it back you will get the loan. If you can’t than that means college is not worth it. A government loan does not change that fact.
College is very overrated.
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Filed under: Higher Education (University +) | 5 Comments »
