THE ECONOMY ROCKS. According The College Board, tuition costs are far outpacing inflation this year. In fact, "[i]n the report, the board also found that in the past five years, tuition and fees at public institutions rose more than at any other time in the past 30, increasing by 35 percent to $5,836 this academic year." Yikes. The report attributed the cost increases to declining state and federal support. Unsurprisingly, when you cut taxes, you just end up paying more elsewhere. With the tax cuts, however, the rich got far more back than the poor or the middle class. So far as tuition costs go, the prices fall equally (or get transferred to students in the form of loans). Just another reason the Bush economy rocks. If only Senator Bluto were around to make this an issue...
--Ezra Klein
