On the other hand, it is not fair to say that changes in federal policy have caused our tuition to rise faster. Every economic argument imaginable would indicate that we should raise tuition at a faster rate than we do.
Sentiment: NEGATIVE
The higher amount you put into higher education, at the federal level particularly, the more the price of higher education rises. It's the dog that never catches its tail. You increase student loans, you increase grants, you increase Pell grants, Stafford loans, and what happens? They raise the price.
Overhead costs are far too high, state support is dropping, and college tuition is far too expensive. Colleges are pricing themselves out of existence.
State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.
If there were no government-guaranteed student loans, college tuition would be much lower.
We should be trying to make education less expensive, not more.
I strongly support extending current student loan interest rates and increasing the college tuition tax credit for students and their families.
We build schools and give government loans and grants to college kids; for those of us who are parents, tuition will often be the last big subsidy we give the children we've raised.
I am here to give the American people some straight talk about higher education. Some have said we might have cut financial aid for college students. The truth is we have expanded access to college for our neediest students through the record growth of the Pell grant program.
You can't continue to have higher education tuition grow at a multiple of the rate of inflation.
When it comes to college education, American families are paying more and getting less.