Probably not. But it was. Even at private schools. Why? Because back then (before about 1985) people wouldn't be caught dead at the financial aid office. Going there meant not just that you were poor but that your parents where some kind of farm hand or something. So only the really POOR people borrowed money for school. Then the government said they were going to make colleges "affordable" And the government does this buy loaning you poor slobs more and more money! The more money they loan and "give" you the more the tuition goes up.
Here is my question: Do you kids know that if you would all fricking REFUSE to step foot into the financial aid office COLLEGE TUITION WOULD COME DOWN SO THAT YOU COULD AFFORD IT WITHOUT FINANCIAL AID?
2006-11-17
13:54:21
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6 answers
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asked by
helena a
1
in
Education & Reference
➔ Financial Aid
I know you folks are young. but here is how it works. The cost of any product or service rises as more and more money is thrown at it. when the government makes money available to you and everybody else this allows you to pay for something you can't truly afford. This allows the schools to raise the tuition to a level above which the schools customers are actually able to pay. And YOU are the customers. Then they say,"don't worry about the high tuition, we will loan you the money!" The more they loan you, the more money the schools are able to charge. You will all learn this in Economics 101. If you all would REFUSE to play this game. Say "I'm sorry, I guess I can't go here because neither I nor my parents have $50000.00 a year" Then the schools will price the product (AND IT IS A PRODUCT) at a level that the customers can pay. End of lecture. Good night.
2006-11-17
14:10:14 ·
update #1