Tuition prices are increasing due to high university operating costs, not a lack of state funding. There must be measures in place that provide incentives for universities to keep these costs as low as possible. The only way to achieve this is to infuse free-market principles into a higher education system that severely lacks fiscal discipline.
Higher Education
Biden Administration Planned to Facilitate Fraud as Part of Loan Forgiveness Plan
It is no secret that the Biden administration wants to forgive student loans. One—of at least eight—of its forgiveness proposals has been definitively buried, which would have forgiven up to $20,000 per borrower, or $10,000 if not a Pell Grant recipient. There were many reasons why this plan was terribly designed, and it was ultimately ruled illegal by the Supreme Court. But...
December 6, 2023