tag:blogger.com,1999:blog-3294580951502585066.post4883351381615781577..comments2023-10-18T19:32:44.252-07:00Comments on It's just my opinion, I could be wrong: Cost of collegeNickhttp://www.blogger.com/profile/05587036619182019599noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3294580951502585066.post-17564433135396646902008-12-04T07:15:00.000-08:002008-12-04T07:15:00.000-08:00If increased demand (due to subsidized financing) ...If increased demand (due to subsidized financing) is driving up the cost of education, <B>more suppliers will come in and the price will fall to some equilibrium price</B>. If we are correctly valuing the quality of education supplied, i.e. not creating and paying for diploma mills, this is a good thing for society. Long-term GDP growth depends on having an education population. More quantity of education produced is a good thing. <BR/><BR/>I agree we should be judicious about encouraging any debt. Excessive debt got us into this mess, and IMHO debt is not the way to get us out. I’m just saying subsidizing education, in the form of debt or cash, can be a good thing.CJhttps://www.blogger.com/profile/05824987036580158137noreply@blogger.com