Why the government must play an active role in higher ed finance

Lynn Russo Whylly's picture
Thursday, September 12, 2013

These days, everyone knows that college is expensive. And everyone has their own idea of how to fix it. When it comes to higher education finance, we’ve become a nation of backseat drivers.

Allow me to drive in the backseat here. College is expensive, and the government’s attempts to help make college more affordable for students has likely driven up prices even more. But there is a solution: Rather than remove itself from higher education, as many libertarian economists have suggested, we actually need—and want—the government to play a larger and more prominent role.

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