https://mobile.twitter.com/TrevorNolleyTC/status/1183790277603016705
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Khator went into details of why tuition went up but the interviewer was being kind of a jerk asking the same question. It seems like he was trying to catch her in a lie but she handled it well. Typical journalist.
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Since the federal government has taken over student loans the prices have soared and will continue too. Why would the universities not keep raising tuition when they know that any loan taken out by a student is backed by the government? If the universities had to deal with banks for loans directly there would be a limit by the banks on how much they are willing to loan out. This would incentivise universities to keep the tuition more reasonable.
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Everything that universities purchase necessary to educate students continues to increase and with reduced funding support at the state/federal levels universities and colleges must increase tuition. This is no different than any other operation/business. The government involvement in student loan funding is not the biggest issue and could be a solution if the state and federal governments created more funding to fund college education. Student funding is an investment in our country’s future just like funding the military, infrastructure, and social services. The WWII GI bill is a prime example.
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Reduced financial support by states to public schools have driven the substantial rise in tuition costs. This has driven colleges to compete for fewer funds which have created a belief that a “business model” is the best paradigm to run a college/university which is grossly false and untrue. A doubling of administrators/staff at the expense of significant reductions in full-time faculty have also contributed.
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