How long have you been around American colleges and universities? They’ve spiked the price like crazy because that’s what the market will bear since we’ve flooded them with cheap, subsidized loans and grants.
Meanwhile, they put a good chunk of that money into creating a deluxe, spa-like campus and lifestyle for the students they require less and less and less of, academically, all the time. Because the students, with their parents, are making the purchase decision but often not having to bother with the price tag.
Further, the colleges collude to make sure they don’t end up bidding against each other for the students they want.
It’s a corrupt and wasteful system that should be smashed back down to earth.
22 years. Long enough to see the FA staff at the college my wife works at triple.
Colleges big against each other for students all the time. Most of the time the only way a student ever actually pays for himself is when they join the alumni association.
It is a corrupt and wasteful system. But it’s NOT the corrupt and wasteful system you’re saying it is. It really all centers around the government. They push students to a financial aid system the colleges have to accept, the acceptance of which pushes up the costs for the college, which isn’t made up by government financing, so they pass the costs to the students, which drives more students to financial aid. The financial aid system does need to be broken apart, just understand who made the system as stupid as it is.