Jonah Goldberg of National Review likes to cite headlines like the one on this blog entry as evidence of imbecility in the media. He's usually talking about the annual New York Times story that expresses astonishment that even with a diminishing crime rate, we are incarcerating so many people (as if these were not connected phenomena).
Here's another one from CNNMoney.com. "College: More Expensive Than Ever", in which the story lays out rising tuition costs, even as the amount of grant/aid increases.
Duh. More money available for higher education, higher costs for education. I know I beat this one like a drum, but the system is awash in stupidity, as if rapacious college administrators were sucking more and more from a system gone dry. It hasn't . There's more money available now for higher education than ever---perhaps some of these reporters will put some of it to use with occasional night school economics classes.
Wednesday, October 21, 2009
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Big Education is a Democrat constituency so they get protection. Here's a parody I picked up that says it perfectly.
What if CNN covered rising tuition costs like they cover rising gas prices?
Coming up, soaring prices at the colleges. Who's to blame? How can you keep your child in college and cash in your wallet? And Harvard outrage, big education makes big bucks, but we pay the price. So should President Bush limit prices? ...
To our top story now. It seems like a summer ritual. Rising professors' salaries mean rising tuition prices. But this year, sticker shock at the tuition window is fueling more concern than ever. And it has many people asking where is it going to end?
JAMIE COURT, CONSUMER RIGHTS ADVOCATE: Every time you see the price of tuition go up, you can hear "ka-ching, ka-ching" in the bank accounts of the college professors.
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