Only for bankers, and the governments they’ve partnered with in order to tap into the college costs that every student and their parents must pay for.

Founders did not allow education costs to impede education at the expense of the public; they made government subsidy available to churches who hired ministers, and then formed Harvard and Yale. They were aware of the fact that no one has money for education; hence, it was a socialized benefit made available to communities for American progress through education. Europe does much the same.

What’s wrong with America?

When all students must pay the college conduit that hires professors and teachers, confers tenure, etc., there is no accountability between student and professor; there are no standards except those cultivated, if at all, with the college board of directors (often remote), and are often run as educational fiefdoms, free to be subsidized tax free by endowments, industry and government, rendering students to the sidelines of any educational debates. Yet college fees continue to rise to elevate administrative salaries, and probably to help fund (lower the R & D costs) of the industry-college partnerships (the town and gown deals) lately flourishing with free college labor.

As in health care for patients, students are simply the excuse, the pawns to be used as the purpose for obtaining those lucrative government and private contracts.

Economic vigilence as well as political and social vigilence is a requirement for freedom, and for justice. Innovation in educational economics is an area that should be reviewed to maintain educational excellence, and that should include these interlocking agreements that continue to raise college costs unnecessarily.

Perhaps college professor salaries, and room and board should be kept separate from other college administrative costs that students have no investment in, for education.