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.
napscoordinator: “I think you need to rethink you prediction.”
You make a valid point that tuition may not drop if government is removed from the education market. We don’t really know, because that market is highly distorted. What I do know is it will reach appropriate pricing based on the laws of supply and demand. Not only that, it will eliminate the immorality in the existing system, because some citizens are stealing from their fellow citizens in order to pay for college.
Don’t forget our over credentialed society, with government often leading the way, is another part of the problem. People rightly believe they need a degree to get a decent job, so they have no choice but to participate in the system as it stands. In some cases, they’re right. Some jobs really do require a college education. Some degrees, on the other hand, are just a means for fleecing naive, young adults.
The laws of supply and demand may be why the private high school you quoted is so expensive. They charge more because demand for their seats is high. There’s nothing wrong with that in my opinion. If their customers are willing to pay more for what they perceive is a higher quality education, that’s great.
Again, nothing prevents citizens from privately funding whatever charity they want. There’s a distinct, moral difference between demanding other people pay for your education and asking them if they’d care to contribute. Voluntary, private charity is the only moral way I know of to engage in wealth redistribution. Some people also call the free market wealth redistribution, but I’m talking about the charitable transfer of money or services between citizens.