No...only the richest would get in.

 

Eric Roberts
Owner/Developer 
Three Ravens Consulting 
[email protected]
http://www.threeravensconsulting.com 
tel: 
630-881-1515 






-----Original Message-----
From: Cameron Childress [mailto:[email protected]] 
Sent: Wednesday, June 13, 2012 1:56 PM
To: cf-community
Subject: Re: US Education - The Next Bubble


On Wed, Jun 13, 2012 at 2:50 PM, GMoney <[email protected]> wrote:

> So what's to be said about a commodity who's demand goes UP, when it's 
> price goes UP? What would a free market say about such a commodity?
>

Education is not a free market. It's heavily subsidized, by federal money,
and by loans. If it were a finance based free market, you'd only get to go
to school if you had the money or could prove you were good for a loan. In
an intelligence based free market on education, only the smartest people
would get in.

AFAIK - neither of these criteria are used for student loans.

-Cameron

...




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