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re: College Texbook Prices have gone up 1,041% since 1977
Posted on 8/3/15 at 10:16 pm to ksayetiger
Posted on 8/3/15 at 10:16 pm to ksayetiger
quote:
How much as tuition gone up since 1977?
Can't give you an exact percentage, but I recall it being extremely similar.
Basically, since the inception of the DoEd, and the advent of federal loans, tuition has SKYROCKETED, even compared to real wages adjusted for inflation.
Who would have thought that non-meritorious lending would lead to increased demand? Who would have known that colleges and universities would have learned to increase prices due to guaranteed income?
Posted on 8/3/15 at 10:32 pm to HempHead
quote:
Basically, since the inception of the DoEd, and the advent of federal loans, tuition has SKYROCKETED, even compared to real wages adjusted for inflation.
Who would have thought that non-meritorious lending would lead to increased demand? Who would have known that colleges and universities would have learned to increase prices due to guaranteed income?
Tuition is raised to 10,000 a year. Many students can't afford it. The government steps in an loans them the money at criminal intrest rates that immediately begins compounding the day they take the loan so their principle almost doubles before they get out. Some students go this route because education is important and if you do go to college it's because you're dedicated and you want to learn.
The government and universities smell blood in the water. Before you know it, admissions standards plummet, class size exolodes, tuition quadroupels and the government ensures the universities get all they want and buttfricks all the students. Then when the students finally get to the University, the school shoves them further and deeper into debt while providing them no real Avenue to the real world or caring in the slightest about their students as long as their tuition check clears in time.
The government, drunk on interest rates and the guise of "supporting" education doesn't give a shite and eventually we're left with an education system in shambles, failing rates across the country, embarrassing scores world wide, crushing debt and hopelessness in a majority of students and no way to claw out of this ridiculous and harmful system of death.
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