Quote from 1prometheus:
the egalitarians got it dead wrong once again:
They figured if "everyone" went to college, "everyone" could boost their income at once.
Of course, by putting all these low IQ individuals in college, ALL they have succeeded in doing is devaluing a college education. With grade curving and grade inflation, even a 4.0 means next to nothing at many schools.
This is exactly it! They made it so easy to go to college with anyone being able to get a student loan, its silly. If we just did away with student loans and federal grants we would see the cost of education go down.