tag:blogger.com,1999:blog-31670799.post2031508833631933891..comments2023-11-02T09:44:15.693-04:00Comments on The Center for College Affordability and Productivity: Are Community Colleges Losing Their Way?Center for College Affordability and Productivityhttp://www.blogger.com/profile/18041956958538598371noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-31670799.post-66535772132129889222007-08-01T08:19:00.000-04:002007-08-01T08:19:00.000-04:00The problem is somewhat akin to the real estate bu...The problem is somewhat akin to the real estate bubble, in which easy credit flooded the market with cash and drove up prices, eventually affecting every segment of the market.<BR/><BR/>Higher education is flooded with cash from student loan money. This money is readily available at low interest rates, and backed by the government. Colleges know that students <B>will</B> take out the loans, no matter how insane tuition becomes, so they have absolutely no incentive to get costs under control. If the government quit subsidizing the colleges, both directly and via support for student loans, this would choke off the flow of cash and force the colleges to get rampant cost increases under control. There would be a lot of screaming initially, but ultimately all would benefit.Jameshttps://www.blogger.com/profile/01543790136671659527noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-75538505725971211342007-07-30T20:17:00.000-04:002007-07-30T20:17:00.000-04:00Without a guarantee that a league sanctioned team ...Without a guarantee that a league sanctioned team would use the baseball field, I wouldn't touch those bonds with a 10 foot pole. And I believe they wold have a problem peddling them - even with a state tax exemption.<BR/><BR/>And doesn't Chicago already have two - count 'em, two professional baseball teams?<BR/><BR/>But as far as the education angle goes, when it comes to receiving taxpayers dollars, they are going to spend the money like Imelda Marcos on shoes.<BR/><BR/>The very same people who make proposals as cited in your blog have to go home and balance their check book and avoid insolvency. But when it's someone elses money, they are completely irresponsible.<BR/><BR/>Where is the outrage?<BR/><BR/>I don't think this will fly.RWWhttps://www.blogger.com/profile/16345147132602206121noreply@blogger.com