More from my daily read concerning eduational costs...

Back in July I posted a blog item here on Whig Forums entitled "The Rising Cost of Education. What do we do?" In the discussion which followed we debated methods of controlling the spiraling costs of post-high school education and the seeming trap of education indebtedness which puts a drag on our economy. During this discussion, Isaac Gipson put forward a proposal which recommended modifications to student loan programs designed to limit tuition increases. If you haven't read his proposal, I suggest you read it in our original discussion chain. It is simple and practical. What brings this up is a CBS News article that I read this morning. This article tries to put forward the idea that tuition isn't really expensive since educational institutions are awarding grants and other incentives, students don't have to pay the full cost. The article avoids entirely the question of why schools don't just reduce tuition up front, but instead, use incentives resembling automotive manufacturers rebate programs or force students into loan programs. You can read the full article at the link provided at the end of this blog post. I encourage you to do so, and then go back and re-read the original discussion and article from July 10th. Please feel free to post your thoughts here. http://www.cbsnews.com/news/college-isnt-nearly-as-costly-as-you-think/


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