Friday, July 19, 2019

This is Part of the Reason Higher Education is so Expensive

  I would not have made it through the eighth grade if I had not received that scholarship. Then, in high school, I took out that student loan; It really saw me through.
  There is a rule of economics: You put money on the table, someone will sweep it up. There is another rule: As much money as you can find, that's how much they will take.
  Elementary school doesn't come with scholarships, nor does it have student loans. If it did, though, the price would shoot up. The reason elementary education has neither scholarship programs nor student loans is that it is so inexpensive, they aren't necessary. The government pays for public education.
  And, provides it.
  If we let things swing, this could change. We could find ourselves with a system where we have private schools, but they are financed by government. I warn, if we go this route, the cost of elementary education will increase. The governments pockets are deep, and the capitalistic system drains out every dollar it can extract.

 
 

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