That is really concerning to me. Do you view that as a metric of success? Obviously those student loans have certainly made college accessible. But if, as The Federal Reserve bank of New York states that for every dollar that goes in, about 65 cents is increased tuition. about 65 cents, so it's 65% increase, aren't we just ballooning again with the limited supply, aren't we ballooning the price of college? (29:47–29:54)
CLAIM
Asserts that according to the Federal Reserve Bank of New York, 65% of student loan dollars contribute to tuition increases.
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