Higher Education

HIGHER EDUCATION – Anytime the government injects itself into the free market between buyers and seller, such as helping more students be able to pay for college by applying for government back loans, it creates market distortions. And, let’s face it, after more than a couple of decades of college costs rising, often well above inflation, the result of the stimulus created by liberal lending policies is U.S. higher education is one of the greatest bubbles in modern times. Students and families continue to take on higher and higher amounts of student loan debt to pay for, what is almost mandatory today, a college degree. Of course, the hard reality is some college majors are more lucrative then others in terms of future income potential and career growth. Less financially rewarding majors leave many American college graduates saddled with debt that will take many years to pay off.

 

One of the ways to reduce the inflationary effect of government backed student loans on rising college costs is to phase the government out of student lending, leaving it to the private sector, such as banks.

 

As the future U.S. Senator, I don’t advocate free tuition which only shifts the burden of cost to taxpayers who are forced to comply. I do believe that free market forces without government intervention, such as government backed student loans, will force colleges and universities to align their pricing and affordability to the ability of students and families to pay.

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  • Jeffrey M. Paolucci Jeffrey M. Paolucci
    commented 2018-07-29 14:42:28 -0400
    My child is studying in a reputed school and their charges are high to the point that typical individuals can’t manage the cost of it even I can’t bear the cost of it yet I am bearing it for my youngster future with the goal that his future will be all the more brilliant. I’m an article author in https://www.rushmyessays.org/ writing services and I am extremely stressed over his future that how might I bear the cost of the considerable number of costs for his advanced education as this framework is annihilating the fantasies of numerous guardians.
  • Greg H
    commented 2018-06-03 11:35:46 -0400
    Some of my friends are still paying off their student loans, and it’s scary to think that they’ll have to start paying for their kids’ in the very near future. Something has got to be done! I’m glad you’re pressing this issue.
    Greg with https://www.alabamadecorativeconcrete.com
  • Sara Griffin
    commented 2018-03-14 18:15:22 -0400
    I think it’s crazy how how tuition costs are and continue to rise. With that being said, I don’t think free tuition will help our economy. I didn’t realize all these effects and about the market distortions. Very informative.
    http://www.btownplumber.com/
  • Jason Collen
    commented 2017-10-31 10:58:39 -0400
    As a parent I worry about what the cost of higher education will be for my kids once they are college-aged. I support myself with my small business http://www.bostonpaintingco.com/ So Putting into effect a plan that will make college more affordable is something I definitely want to support!
  • Anonymous
    commented 2017-08-30 08:53:56 -0400
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  • Renee Goins
    commented 2017-04-13 12:24:01 -0400
    With the majority of the issues encompassing the field of advanced education, the question then moves toward becoming: Is it conceivable to in any case acquire a degree, one that holds an incentive for understudies? All the more critically, is it conceivable to gauge the genuine estimation of a degree in http://www.pro-academic.co.uk/coursework-writing-help/ advanced education? I trust the appropriate response starts with a matter of reason and I mean schools ought to work to guarantee that instructive projects and courses are composed with a particular reason and finished for a particular reason by the understudies. Teachers ought to likewise consider this to be a matter of significance as they build up their instructional techniques and work with understudies in the classroom.
  • Greg Campion
    commented 2017-01-23 23:49:13 -0500
    There is a typo in line 8: it should read “some college majors are more lucrative than others”, instead of using the word “then”.
  • Allen Waters
    published this page in ISSUES 2017-01-12 09:04:01 -0500
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