The hidden crisis on college campuses: 36 percent of students don’t have enough to eat ^
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I call BS on this article. I do not believe it.
However the insane increases in tuition at universities is a result of insane government loans to students.
I was able to work my way through two university degrees in the 70s and the 80s. I had minor debt after my last degree of 8000 dollars which is about 20000 dollars in today’s money. That is totally impossible to do today. I have had pharmacy graduates that I trained in the hospital with over 100,000 dollars of debt and this was not unusual.
Due to the vast amount of loans available to students the universities do not have to respond to normal market forces of supply and demand thus tuitions have increased at many times the rate of inflation.
Actually the universities are responding to market forces in a totally logical manner. They know the students have access to vast loans and as such increase tuitions and know the student will and can pay it. When the student graduates he is screwed with debt.