College Rip-Off
16th August 2023
It’s August, when many young people head off to college.
This year, fortunately, fewer will go.
I say “fortunately” because college is now an overpriced scam.
Overpriced, because normal incentives to be frugal and make smart judgments about who should go to college were thrown out when the federal government took over granting student loans.
Why?
Because our government basically vomits money at everyone who applies.