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So here's an interesting article about rising college costs, similar to what I talked about here.
Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade, and students from lower-income families, on average, get smaller grants from the colleges they attend than students from more affluent families.
Seriously, where do colleges get the nerve? 439 percent??? Why isn't this rampant profiteering highlighted more in the press? One article in the NYTimes. Random mutterings other places. There's just no excuse for this, even under the guise of a "free market economy" (which considering that most of the private schools cost approximately the same is more like a monopoly than a free market). This is no less scandalous than the Wall Street fiasco, and you could effectively argue that it's more evil as it will lead to a less educated populace.
Feh! Time for the revolution! Up against the wall!
(ETA Times graphic)
Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade, and students from lower-income families, on average, get smaller grants from the colleges they attend than students from more affluent families.
Seriously, where do colleges get the nerve? 439 percent??? Why isn't this rampant profiteering highlighted more in the press? One article in the NYTimes. Random mutterings other places. There's just no excuse for this, even under the guise of a "free market economy" (which considering that most of the private schools cost approximately the same is more like a monopoly than a free market). This is no less scandalous than the Wall Street fiasco, and you could effectively argue that it's more evil as it will lead to a less educated populace.
Feh! Time for the revolution! Up against the wall!
(ETA Times graphic)
