College as an investment: Our president is subsidizing the people who are represented in the purple bars:
Is there any wonder costs are sky high? It's basically turning into a massive speculative bubble. This usually happens when government stupidly subsidizes things it deems "good" for society, like Barney Frank's insane subsidization of housing in the early 2000s.
This is not to say that housing and education are bad for society, but rather that the stupid subsidization of them is. We discover this over and over again.
@irishmolly72 Yes, I do believe there is some degree of grade inflation, i also believe that the students I reach today are much better at taking tests then i was. I don't think they are better critical thinkers, which is disturbing. As to if the reason is government subsidies, i totally disagree, since those have plummeted. There is however, a change in how students, thus tuition, is viewed. I was told by the dean, that the students are our consumers, and we have to provide them with the product they want. That means they are handed the material on a silver plate, and, they expect higher grades.
@irishmolly72 Says the person claiming completely fucking over the customer is the only correct point of view. That bankrupting people is somehow moral.
But I guess you are cool with the US trailing behind the rest of the world and being crushed under debt too.
And with your little graph you seem to have forgotten something from your own education. Correlation is not causation.
