Thursday, February 16, 2012

Biden Admits Government Subsidies Have Increased College Tuition

Real Clear Politics

Vice President Joe Biden admits that the government intervening with the free market and providing subsidies for students to attend college have contributed to the increase in college tuition.

"By the way, government subsidies have impacted upon rising tuition costs. It's a conundrum here," Biden said to a student who asked about the government's intervention in the free market system.

Biden was talking about the importance of tackling rising college costs at Florida State University in Tallahassee Monday morning.

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