CashMoneyCane
Mahoney 7
- Joined
- Mar 9, 2017
- Messages
- 4,477
As a retired professor, I have always maintained that college loans are the greatest contributor to tuition inflation. Your kid can't wait for his financial aid package before picking a school. It includes $20,000 in loans. It is like your bank telling you they are going to give you a home purchasing package. The first thing they offer,"We will lend you your down payment>"
Your logic is suffering from cart and horse fallacy. The tuition doesn't increase after someone gets a financial aid package. It's much more likely professor salaries and capital improvements.