In response to:

Student Loan "Help" Makes Education More Expensive

jsanow Wrote: May 21, 2012 4:45 AM
This is the EXACT situation in which we found ourselves when our daughters went to college in 2005 and 2007: "As a parent, if you played by the rules and lived the American virtue of self-reliance and personal responsibility, you're paying exorbitant tuition now. When you went to secure aid or a scholarship, your child did not qualify because you made or had saved too much money. You are punished for working hard, sacrificing for the future, and dutifully saving for your children's education. While those who saved little have children who easily qualified for scholarships, loans, and a "cheap" education. They got aid! You had to mortgage your house or deplete your savings. "

If you want to know what is wrong with the cost of education in America, look to some of the politicians you elected. We've been sold that cheap student loans are the answer to making education affordable. Nothing can be further from the truth.

Tom Coburn, the Oklahoma Senator, could summarize this column in one sentence: "If you want to make something expensive, have government get involved in making it affordable."

When you disregard basic economics, we learn the hard way. With limited supply, the greater the demand for a given product or service the higher the price. By making...