How the Federal Government Causes Skyrocketing College Tuition
According to Wikipedia, "Stockholm Syndrome" is a psychological response sometimes seen in hostages, in which the hostage shows signs of loyalty to the hostage-taker, regardless of the danger or risk in which they have been placed. I think many American's suffer from a similar condition when they view their "benevolent" government's programs as being beneficial for them, but the actual result is something far less benign. Consider the following: what two industries have witnessed the most cost inflation over the last few decades? I think you would be hard-pressed to find any major part of the economy that has had costs rise faster than healthcare and higher education (my grad school program tuition nearly doubled from ~$27k to well over $50k since 2002!). Coincidence or not that no two sectors of our economy have more government programs, funding, and influence than healthcare and education? I think there is absolutely NO coincidence.
Peter Schiff, head of Euro Pacific Capital and Senatorial hopeful in the state of Connecticut, gives a must-watch video blog on how the government has been the major reason why college tuition has skyrocketed. You may or may not agree, but hopefully it gives you something to think about even when it comes to the supposed "good" government programs.
TrackBack
TrackBack URL for this entry: http://www.typepad.com/services/trackback/6a00d8345575e069e20128756155c1970c
The letters and numbers you entered did not match the image. Please try again.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Comments