Tag Archives: school inflation

Those who don’t know history are doomed to repeat it. Starting with the Higher Education Act of 1965, the government has subsidized the cost of college with the promise that more people would be able to afford higher education. Instead, college tuition and textbook costs have far outpaced inflation. Likewise, the medical field has seen a significant increase in cost versus inflation with various subsidies, while life expectancy has actually decreased in the United States. So the cost of college has skyrocketed, and who can afford health care these days? Clearly, dumping money into a problem won’t just fix it.