Rising College Tuition - Student Loans
Does anyone know of any studies/research done that might answer the following?
What, if any effect, has government subsidized student loans had on the price of higher-education tuition?
I'd be intersted to know. I personally think it's one of the reasons tutition is rising so quickly - people aren't as price sensitive because they aren't spending their own money (I'll argue until the cows come home that if you're spending borrowed money it's not the same as spending blood/sweat-money you've worked for). Because of this lack of price-sensitivity, schools have been able to raise tuition w/o seeing demand slip. Anyway, just thoughts from a college student.
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