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More like state budgets being cut so less subsidies to state schools. Kids pay for college regardless and since demand is so high for college education, it's easier to cut the funding than other programs.
The reason college tuition at public schools has grown so quickly in recent decades is that states have shifted more of the cost of education away from taxpayers and onto students.
I'm late to Jim Surowiecki's column on student loans, but I wanted to respond quantitatively to his theory about productivity growth at universities:
VTSmitty, you still haven't answered my question.
Do you believe any bank is entitled to a $60 billion, interest-free handout from the federal government?
Has long has the program been in place, and why was it suddenly curtailed and wrapped up in the ACA to hide it? How many jobs did Obama transition from private sector to the government with that move?
$60 billion more transitioned from the private sector to the government. Why? Because its what Obama wanted.
You still haven't answered the question.
A win for TAMU is looking ...
Crisis averted. Whew!
Still waiting on an answer, VTSmitty.
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