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College is overpriced, universities take advantage of the system to extract money from students and the federal government
Student debt is getting out of control.
But the fact still remain, a college education is still one of the best investments someone can make
Exactly, the labor market is fundamentally unbalanced and the student loan system has many scam like qualities but higher education itself is still very important for individuals and society.
Public institutions are double dipping when it comes to governement funds. They get government money for being a public university, then get money from the government through student loans the the students take out.
There needs to be guidelines where if you raise tution, the amount of government funding you receive will be decreased.