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Message
re: TOPS payments stopped immediately due to state budget crisis
Posted on 2/12/16 at 6:53 am to 50_Tiger
Posted on 2/12/16 at 6:53 am to 50_Tiger
One thing I wonder is how much (if any) has TOPS caused the increase in tuition, fees, etc over the last 15-20 years.
From a supply and demand point of view, TOPS should increase the demand for college, since it gives more individuals the means to attend. An increase in demand leads to an increase in price.
Also higher Ed officials know they will receive a lot of their tuition payments from TOPS (guaranteed money until now) so why not increase tuition?
From a supply and demand point of view, TOPS should increase the demand for college, since it gives more individuals the means to attend. An increase in demand leads to an increase in price.
Also higher Ed officials know they will receive a lot of their tuition payments from TOPS (guaranteed money until now) so why not increase tuition?
1
Posted on 2/12/16 at 7:20 am to 318TigerFan
When TOPS started, the legislature controlled tuition and raises in tuition were slow.
Then the retards voted to allow the universities to raise it, I think up to 10% a year if needed.
Surprisingly, the annuall tuition hikes became needed and outpaced TOPS actuarily derived self-funding plans.
The legislature hit the TOPS self-destruction button years ago.
Then the retards voted to allow the universities to raise it, I think up to 10% a year if needed.
Surprisingly, the annuall tuition hikes became needed and outpaced TOPS actuarily derived self-funding plans.
The legislature hit the TOPS self-destruction button years ago.
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