Thomas Sowell does a great job of explaining the issues of college costs in a new three part column. Of course the very entity that claims to help is actually most of the problem, the Federal Government.
Part I
Part II
Part III
The Government is getting in the way of market signals and distorting prices. Everything that Sowell explains in Basic Economics is essentially in chaos when it comes to college education. Even college education is about choices. There are choices that need to be made when it comes to education and the resources to proved that education are still scarce. However, the government tries to eliminate the effects of scarcity by subsidizing college education. This just costs all of us more tax dollars and creates tremendous waste.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment