You should really read up more about how student loans caused the cost of college to grow so fast.
In simple terms, they pumped more money into the system. For grade school, if private schools can charge families 10k per student, if you introduce 7k vouchers, then the schools know they can charge closer to 17k. It would be silly to not leverage the vouchers as a means to siphon government money.
You should really read up more about how student loans caused the cost of college to grow so fast.
In simple terms, they pumped more money into the system. For grade school, if private schools can charge families 10k per student, if you introduce 7k vouchers, then the schools know they can charge closer to 17k. It would be silly to not leverage the vouchers as a means to siphon government money.