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For this week, the Discussion Topic is on College Tuition and spiraling college debt. For years, the rising price of college tuition has outpaced everything
For this week, the Discussion Topic is on College Tuition and spiraling college debt. For years, the rising price of college tuition has outpaced everything else, even healthcare. For this week's discussion you are to use the concepts that you see in Section 5 of your textbook and apply it. Please pay special attention to the Adverse Selection and Moral Hazard problems involved with Student Loans. Please watch the videos and then, using economic analysis, please apply the lessons from Chapters 17, 18, 19, and/or 20 to the topic. Additionally, please use economic reasoning to suggest some solutions to this spiraling problem. Video #1: "What's behind the steep rise in college tuition?" (3:00m) Video #2: "The Cost of College in 4 Minutes" (4:05m) Bonus Video: "The Increasing Cost of College Tuition - Dave Ramsey Rant" (8:05m) Bonus Bonus Video: "John Stossel - Rising Cost Of College
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