RSS

Cost of Colleges 

03 Jan

Why do colleges charge so much? Because government subsidized student loans allow them to.
Imagine if guaranteed loans and loan subsidies were gone. Imagine if students could get loans only the way businesses did: if they had a clear plan on how to make enough money with the loan to pay back the full loan.
First, fewer students would have access 200k loans. That means that colleges would either have to drastically lower prices, or just go out of business. 
It would also mean that colleges would shift to a service oriented mindset, beneficial to students. They would focus on how well they taught students, instead of focusing on research with undergraduate education an afterthought.
It would also encourage students to consider other ways to get higher education. Teaching quality in many universities is so poor that many students are essentially independently studying anyway. When students realize that there are independent exams that carry more weight than college degrees, many will end up going that route. They will realize that passing an actuarial, financial sector, LEED certification, programming, or IT certification exam will be far more valuable in the marketplace than a college degree.
Massive student debt would be a thing of the past, since college tuition would not be that high. Student debt default, which taxpayers currently cover, would be much rarer. Students would only get loans when banks thought they could pay those loans back. Banks aren’t perfect at that, but they are better at it than naive 18 year olds who have not considered a single option other than college.
The nightmare of college debt, ludicrous tuitions, and indifferent educational quality would be replaced by low cost, student focused education. 
In Liberty,
Arvin Vohra

Vice Chair, Libertarian Party

Author, Lies, Damned Lies, and College Admissions

Advertisements
 
Leave a comment

Posted by on January 3, 2017 in Uncategorized

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
即日審査キャッシング選りすぐり即日審査キャッシング選りすぐり »

A manifest for living for today in unison with your neighbors, brothers, and others.

Anti-Sophist

Demolishing Hype Questioning Reality

ipledgeafallegiance

When will we ever learn?: Common sense and nonsense about today's public schools in America.

Capitalism and Friedman

Dedicated to the Teachings of Milton Friedeman

bradypiper.wordpress.com/

This site is the dog’s pajamas because that's what this tagline says.

Xavier's Blog

"The resistance of the impoverished is not a voluntary phenomenon"

Don Charisma

because anything is possible with Charisma

hearts on sleeves club

If you wear your heart on your sleeve, join the club.

%d bloggers like this: