So, with student-loan debts skyrocketing, why doesn’t the government just get out of the business of subsidizing college students?
After all, by funneling grants and loans to students — more loans than grants these days, but that’s another editorial — the government drives up college costs.
Like traffic expanding to fill a new freeway, colleges grow their budgets to absorb the new dollars. So, cut off the easy money, watch the number of college students fall, then sit back and enjoy the spectacle of colleges cutting costs as well.
Great idea. Right?