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Scott Franco
Wendover Productions
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Comments by "Scott Franco" (@scottfranco1962) on "Why College is so Expensive" video.
You don't need price controls for education. If the colleges charge more than the market will bear, then their attendance will go down. The fact that this didn't happen in the face of massive price increases is clearly because of the continual ratcheting up of Federally backed student loans, even WHILE we were being told that federal aid was the answer to college affordability.
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I didn't go to college because I couldn't afford it even if they gave it out free. I could certainly have taken night jobs and barely got by, but instead I took a regular full time job and got on with my life. There are not a lot of computer programming night jobs. To this day it stuns me to hear that somehow I was "lazy" for not attending college. Because I had to complete with college graduates I had to work twice as hard and yet made less money.
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