http://www.cheatsheet.com/money-career/the-simple-reason-college-tuition-costs-have-exploded.html/?ref=YF
In a nutshell, what’s happening is that the expansion of federal student loans and aid is causing schools to drive up what they charge in tuition. Why? Because they can, basically. It’s as simple as seeing more money available, and taking the necessary measures to secure it. In all, for every dollar awarded in grants and federally-backed loans, tuition goes up 55 to 65 cents.
Just because students can borrow more, they keep raising the price?
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