I can't be in class longer than five minutes without a student talking about how much they are spending on their college education. But there are many reasons why we have gotten to where we are, with government intrusion into the marketplace, the development of college as a "right," the profligate spending of students and banks alike, and many others. And as the situation doesn't seem to be abating anytime soon, we may be headed for a crash similar to what occurred with housing back in 2007-08.
But there have been a variety of solutions kicked around, and along with them, of course, a variety of rebuttals to those solutions. A useful analysis of this topic from an economics standpoint was posted today over at the Mises Institute website. It offers some interesting thoughts on how we got into this mess and where we might be headed. Take a look, and have a nice Super Bowl weekend.
But there have been a variety of solutions kicked around, and along with them, of course, a variety of rebuttals to those solutions. A useful analysis of this topic from an economics standpoint was posted today over at the Mises Institute website. It offers some interesting thoughts on how we got into this mess and where we might be headed. Take a look, and have a nice Super Bowl weekend.