Saturday, September 01, 2012

Let's fight over who can bribe the youth with the treasury the best

If either side of Rombama were interested in lowering rates they would eliminate all loans and subsidies to universities making them compete with one another for student attendance...
Government tuition subsidies are a classic example of a policy that redistributes wealth to the relatively affluent under the guise of helping the poor...
~Ilya Somin