Peter Schiff: Government Programs Drive Up College Tuition
February 3, 2010
Peter Schiff, well-known for predicting the 2008 financial crisis, explains the continual rise in college tuition. According to Schiff, government attempts at lowering tuition costs to students have the opposite effect. Student loans that were meant to lower the cost of college are instead making college more expensive. Watch the video and decide for yourself if you agree with his reasoning.
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February 4, 2010 at 6:23 am
I see this all the time at my local community college. They are wasting millions on technology upgrades in the classrooms and millions more building fancy buildings and Las Vegas style signs. All the while raising tuition which is supposed to be affordable at a com. college.