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What is the reason for the high cost of a college education?

Poll - Total Votes: 14
Colleges are price gouging because student loans are guaranteed by the government
Colleges are a guarantee of success in this economy, hence the high cost.
A prestigious name (Harvard, Yale, Georgetown,) is a market draw, which increases demand.
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You can see the problem here. Cost of education has gone up at a much faster rate than inflation. Not sure why, exactly. But I know that shifting the burden of paying back student loans onto the tax payer is not the answer.

Reason10 · 70-79, M
@BizSuitStacy The reason for the rising costs of college are due to college price gouging because they KNOW they will get their government guaranteed tuition, regardless of how high they price gouge the consumer.
hippyjoe1955 · 70-79, M
@BizSuitStacy When you have a monopoly you can charge what ever you want, If you convince people they must have the product that you have a monopoly on......
boudinMan · 61-69, M
@Reason10 libs heads exploding everywhere after reading that... they. just. can't. grasp. it, captain.