Friday, August 1, 2008

Federal Government Should Also Stay out of Higher Education

Congress recently passed the Higher Education Opportunity Act in an attempt to address the skyrocketing cost of higher education.

If the federal government stopped meddling, maybe costs would come down. When customers generally do not directly pay for services they receive, costs go up. This is true of healthcare, auto body repair and other pseudo-socialized industries.

There is a direct link between the skyrocketing cost of higher education and the degree to which the myriad of subsidies has replaced actual payments by students and families.

A college degree is not required to understand that.

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