Town Square

Soaring college costs prompt questions

Original post made by Tim Hunt, Castlewood, on Aug 14, 2012

The soaring price of a college education has continued to make news.

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Posted by GX
a resident of Foothill High School
on Aug 15, 2012 at 11:01 am

GX is a registered user.

Not one comment on the impact the increase of debt access and the explosion of education debt has had the price of college. What happens to the price of a good when the dollars chasing doubles? The price of that good doubles.

Take away the easy credit and college tuition prices will come down. So what if a kid can't afford to go to the expensive private school of his/her choice. They end up going to a less expensive public school and life goes on.

When you have a government guarantee behind education debt, no one really cares about the ability of the applicant to pay the money back. The current intent of government's agenda on this front is to keep the spiket open and then socialize the cost of bad education debt across all of us.

Come on Tim, you can do better than this. Or if you can't, get a new job.