College Costs Outpace Inflation Rate
23rd October 2007
Wash: “Gee, college is good. But not everyone can afford to go. We’d better subsidize it.”
Rinse: “Wow, demand for college has sure jumped.”
Repeat: “Whoa, the cost for college has gone up a lot. We’d better increase the subsidy.”
A basic requirement for any sane political system is demonstrable evidence that candidates for office are familiar with elementary economics. (In case you were wondering, no, we don’t have one of those.)