Epsilon Theory Podcast cover image

Breaking News #26: The Biden Harris Swap

Epsilon Theory Podcast

NOTE

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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner