Why is American College So Expensive?

[Dans La Lune]

I ties into Trump's famous words, "I love the poorly educated!"

In short, the more educated you are, the more you are likely to challenge power. College tuition used to be very accessible, unless you were an ethnic minority (e.g. Black, Jew). As those discriminatory barriers were removed, a new barrier had to be levied.

There are quotes pulled straight from Reagan and modern politicians.

 

[Mycroft]

Why is American College So Expensive?​

Mostly due to high demand.

 

[Dans La Lune]

Why is American College So Expensive?​

Mostly due to high demand.

...

 

[VySky]

I ties into Trump's famous words, "I love the poorly educated!"

In short, the more educated you are, the more you are likely to challenge power. College tuition used to be very accessible, unless you were an ethnic minority (e.g. Black, Jew). As those discriminatory barriers were removed, a new barrier had to be levied.

There are quotes pulled straight from Reagan and modern politicians.

If you build it, they will come.

Prices would come down if losers didn't pay the prices. Instead, sign for a loan to pay the high cost then bitch about it later.

 

[j brown's body]

College is intended mostly for the upper class.

 

[Dans La Lune]

College is intended mostly for the upper class.

Yes, and the financial barrier (along with the push towards more private schools) is designed to make education a privilege for the Have's rather than a right for the Have Not's. There are many aspects of society that depend on a permanent underclass.

 

[multivita-man]

Corporate America decided it needed some barrier to screen people for middle class jobs, so they basically made it a requirement that everyone have a college degree.

 

[Peter]

It would probobly help if you didn't have universities that funded the building of vast stadiums used by a few elite football players.

No university in the UK has a stadium.

 

[NatMorton]

Why is American College So Expensive?​

Mostly due to high demand.

And federal subsidies. Easy money warps any market, just as it did leading to mortgages and home ownership in the 2000s.

 

[Dans La Lune]

And federal subsidies. Easy money warps any market, just as it did leading to mortgages and home ownership in the 2000s.

Make college free or nearly free, as it was in the 1960s.

Problem-o?

 

[NatMorton]

Think about it. You run a college. You now have every reason to believe no matter what you charge students they will be able to pay the price with federally subsidized loans and later even have their debt forgiven. Where is the incentive to do the very hard work required to lower operating costs (and thus tuition) and remain a viable business?

 

[NatMorton]

Make college free or nearly free, as it was in the 1960s.

Problem-o?

How do make it “free” when they people who work there expect to be paid for their labor?

 

[Dans La Lune]

Think about it. You run a college. You now have every reason to believe no matter what you charge students they will be able to pay the price with federally subsidized loans and later even have their debt forgiven. Where is the incentive to do the very hard work required to lower operating costs (and thus tuition) and remain a viable business?

Time-stamped for you:

 

[Dans La Lune]

How do make it “free” when they people who work there expect to be paid for their labor?

The same way they did before Reagan dismantled it.

 

[Peter]

How do make it “free” when they people who work there expect to be paid for their labor?

There are countries with free university and yet somehow the university staff still get paid.

 

[NatMorton]

Time-stamped for you:

If you have a point, make it.

 

[NatMorton]

There are countries with free university and yet somehow the university staff still get paid.

How are they paid if the college eduction offered is “free?”

 

[NatMorton]

The same way they did before Reagan dismantled it.

^^^ Before there was TDS, there was RDS.

 

[j brown's body]

Make college free or nearly free, as it was in the 1960s.

Problem-o?

Have to tax the rich again.

 

[j brown's body]

Why is American College So Expensive?​

Mostly due to high demand.

Demand is in decline.

 

[j brown's body]

Think about it. You run a college. You now have every reason to believe no matter what you charge students they will be able to pay the price with federally subsidized loans and later even have their debt forgiven. Where is the incentive to do the very hard work required to lower operating costs (and thus tuition) and remain a viable business?

To keep from going out of business?

More colleges face bankruptcy even as top schools experience record wealth

Steep enrollment declines are forcing some colleges into bankruptcy while the country's most elite institutions are faring better than ever.

www.cnbc.com

 

[OrphanSlug]

Because the American higher education system is largely an orchestrated economic distortion filled scam, with incredible and multiple levels government support, that takes an increasing number of students to compete for a fixed number of seats, all to obtain a degree that has no cost associated to that degree's value, but coming with what is solidly in the #2 position as the largest source of debt in this nation dwarfing both automotive and credit card debt.

 

[Dans La Lune]

^^^ Before there was TDS, there was RDS.

Well, since there is a straight line from Reagan to Trump, I'm not surprised.

 

[Mycroft]

And federal subsidies. Easy money warps any market, just as it did leading to mortgages and home ownership in the 2000s.

The easy money is what enables the high demand.

 

[Dans La Lune]

If you have a point, make it.

I did. You called Reagan's systematic dismantling of higher education "RDS".