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This is one of the issues where Klobuchar hasn't caved to the crazies and hasn't made promises she could never keep. I don't know why more Democrats haven't laid into Bernie and Warren about this... it would be really easy to explain the unintended consequences. That said, the left doesn't see to grasp the fact that more government (taxpayer) subsidized education always leads to higher education costs.ScienceChic wrote: ramage, forgiving all student loan debt is a pipe dream fantasy by a candidate who has no clue or doesn't give a sh** about the damage his policies would have on the economy.
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College is more expensive than it's ever been, and the 5 reasons why suggest it's only going to get worseMost Americans believe state spending for public universities and colleges has, in fact, increased or at least held steady over the last 10 years, according to a new survey by American Public Media.
They’re wrong. States have collectively scaled back their annual higher education funding by $9 billion during that time, when adjusted for inflation, the Center on Budget and Policy Priorities, or CBPP, reports.
Ten years ago, students and their families paid for about a third of university operating costs, says SHEEO. Now they pay for nearly half.
The impact of this extends beyond tuition costs. University enrollment was down by 2 million from the fall of 2010 to the most recently completed fall semester, according to the National Student Clearinghouse Research Center, which tracks this.
A separate survey by Manpower Group found that 46 percent of American employers can’t find the workers they need. The U.S. Chamber of Commerce says this is keeping 40 percent of businesses from taking on more work.
And the United States remains 13th in the world in the number of 25- to 34-year-olds who have some kind of college or university credential, the Organization of Economic Cooperation and Development says.
Falling behind the likes of South Korea, Canada and Russia in the proportion of people with degrees “is not a trend we can tolerate if we’re going to continue to be competitive in a global knowledge economy,” said Reilly. “More and more of our people are going to have to be competent at higher and higher levels of knowledge and skills. We’re really damaging the future of our competitiveness and I would argue even our security.”
"States provide less, and students and parents pay more," Hartle told Business Insider. "Studies have shown that when state support is level or increasing, tuition is flat. But when state support declines, tuition goes up. Roughly 80% of America's students attend public colleges, so it's not an exaggeration to say that the biggest determinate of the price they will pay for their education is the budgetary decisions made by state governments."
Vedder, however, doesn't think state funding cuts are the main culprit, at least at private schools.
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