It was only a matter of time before some smart student started asking about the truckload of cash that he wanted delivered to his doorway. The homeowners are getting a boatload. Is it too much to ask for some help to the poor students? Erica Eding, a student at Flagler college, is asking the question today in a perfectly nice summary of the problems confronting today’s youngsters.
There are several answers:
- Society already pumps a ton of money into the schools through hundreds of big and little programs. If these aren’t helping keep college affordable, do you think another will make a difference? Colleges spend every penny they can get and then they demand tuition from students because the students are happy to pay it. So why not charge what the market will bear?
- Uh, the stimulus money has to come from somewhere. If Mr. Obama opens up the taps for the university, it’s like every American is taking out a student loan just to pay for the few that actually go to college. Is it fair to ask the low wage earners who can’t afford college to chip in their tax dollars?
- The schools already have plush campuses. Why not get them to cut back to lower tuition?
Related posts:
- Bailout is the student’s “only hope”
- Default rate on student loans predicted to be 19% to 51%?
- $140,000 in loans tears apart a student
- Journalism student report on loan crisis
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