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Date Posted: 16:52:48 02/25/03 Tue
Author: Scott
Subject: Re: I am not disagreeing there...
In reply to: MacDog 's message, "I am not disagreeing there..." on 14:28:11 02/25/03 Tue

One more item...financial aid should be eliminated altogether. All that it does is allow the colleges to raise their tuition to a level greater than they would charge in a non-financial aid environment.

If you owned a business and you knew that much of what your customers were paying for your goods/services were not coming out of their pocket but instead were being subsidized in some way by someone with deep pockets you would increase your prices too.

I know someone could argue that without financial aid that they could not have gone to Loyola however, in a strictly competitive pricing environment, Loyola's tuition would be substantially lower. If Loyola did not lower prices then would all of these people who could not afford Loyola still go to college? I would say yes, either at a state college or a lower priced private college or better yet to a new private college that came into existense due to the demand created by the students who could not afford Loyola or other private college's tuitions. In order to survive in this environment, Loyola would have to lower it's tuition.

Can you tell that I hate government intervention!

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  • Re: I am not disagreeing there... -- jp 94, 16:52:50 02/25/03 Tue
  • Re: I am not disagreeing there... -- Scott, 18:01:46 02/25/03 Tue
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