Monday, May 9, 2011

Is student financial aid enabling rising tuition costs?

Financial aid helps many students afford a college education. And with astronomical costs, it's the only way many Americans can ever hope to attend a University.

The problem with it, is that because colleges know that financial aid is available, they can raise their tuition and fees and maintain enrollment levels. In effect, the wide availability of financial aid is contributing to the rise of tuition.

Without financial aid, I theorize, colleges would have to lower their tuition costs in order to maintain enrollment.

Thoughts?

Do you agree that college is too expensive?

Do you think the 'college business' is a scam and that most people never use anything they learn there?

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