Top Colleges Are Too Costly -- Even for Parents Making $300K - Big Take

[SouthBayDem]

3. It's been suggested that a way to incentivize reduced costs of colleges

is for there to be price controls. The Century Foundation writes this year:

The higher education system runs on federal funding: colleges receive more than $135 billion in federal grant and loan aid every year. However, the federal government does not place any limits on tuition costs. This creates an incentive for schools to increase tuition to capture more federal dollars. Some type of federal guidelines on tuition makes sense to protect against the danger that institutions are charging more, or charging too much, because of the availability of the aid.

Another suggestion: "...to make institutions responsible for unpaid student loans..."