Eliminate government programs to subsidize college, and you’ll quickly see tuition rates fall. Government collusion with the higher education industry is responsible for the rapid rise in tuition. Pell grants, student loans, etc., are propping up higher education. Not only that, but government also colludes with the education industry by requiring credentials for many, many government positions that don’t really require them.
There are many classes, like calculus, trigonometry, English, reading, speech, etc., that haven’t fundamentally changed in decades. Government is the problem. There’s simply no other explanation for why tuition has grown and continues to grow faster than the rate of inflation.
and then with government’s own diversity hiring programs, these sub-par people get “jobs” where they can’t perform or perform just barely enough not to get fired, if that’s even possible for them to be fired.
Bump. And, the colleges have spent every dime while increasing the size (and pay) of faculty and staff.
About a year ago, I saw a news article about a local university where an associate professor got into trouble with the law. The article mentioned that this associate professor was pulling down over $100,000 a year. My first reaction was "is he that good to receive that kind of pay?". And I just wondered what a full professor with tenure makes. It is a nationwide scam. And don't get me started on the cost of books.
Student loans were dischargeable in bankruptcy prior to 1976. (See where the above tuition inflation graphic starts.) They haven't been since. Do away with that, and no sane lender would lend $200k unsecured for a college education. Few parents would be able to produce the funds, and tuitions would, of necessity, need to fall.
Eliminate government programs to subsidize college, and you’ll quickly see tuition rates fall.
I am not sure about that. Catholic and private bible type grade schools and high schools are very expensive without government subsizing. For example, my kids go to St. John’s in Annapolis and it 7000 per student. The High School is even more! The bible type schools around here like Key School is 30,000 per year. I think you need to rethink you prediction.