
Breaking News #26: The Biden Harris Swap
Epsilon Theory Podcast
Unlimited Borrowing Fuels Rising Education Costs
Unlimited borrowing for college education leads to escalating tuition costs, as institutions raise fees in response to the available funds. This financial structure traps borrowers, as student loans cannot be discharged through bankruptcy, further inflating the costs of education. The potential introduction of any financial incentive program could lead to a rapid price increase, reflecting the institutions' ability to charge more when faced with easy funding. Additionally, the disparity in tuition fees for domestic versus international students highlights the commodification of education and citizenship based on financial capability.
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