Re:Hyperinflation in America: The End of Grades?
by neonhomer on Friday June 24, 2016 @08:51AM
(#11969395)
> What caused the most recent bout of grade inflation? Some point to the rise in tuition—and educational debt...
One of the largest reasons for skyrocketing tuition is the US government's guaranteed student loans. And those loans are very difficult to discharge by declaring bankruptcy, which makes the loans less risky to the schools. This is the farthest thing from free market capitalism.
One of the largest reasons for skyrocketing tuition is the US government's guaranteed student loans. And those loans are very difficult to discharge by declaring bankruptcy, which makes the loans less risky to the schools. This is the farthest thing from free market capitalism.