<p>"Part of this disconnect is that college resembles health care in which there is a third-party payer. Unfortunately, with college that third party is a loan that must be repaid by the student. For most students, that gap loan isn't quite real - signing up to pay $6K isn't much different than $16K or even $26K, since all the pain is in the future" </p>
<p>M. Dooley, That's a well phrased expression of the ethical disconnect I was referring to in the earlier posting. And unfortunate that some in academe hold the perception that if the student signs up for 16k or 26k or more it's all the better. </p>
<p>Because the consequences of this kind of act can be transferred to the students and families in their not too distant future, it frees academe from having to ethically reconcile what this type of a system has done to peoples lives. Yes, of course there are ethical people on faculty and student services who do comment, or try to advise students with an intent which serves the students and families best interests. </p>
<p>But systemically academe lost its moral coordinates long ago insofar as the cost to benefit balance, and accordingly also lost the essential moral responsibility and comprehension that academe's potential adverse effect on a student's life and that of their family isn't canceled when the student gets a piece of paper and gets to wear some outdated medieval clothing. </p>
<p>As a result of this abrogation of responsibility and ethical disconnect academe may lose its status as a entity which serves and betters society and students and families often lose the promise of bettering their lives. The only people who have really benefited from the situation are a group which never should have been allowed to push their way into academe in the first place. </p>
<p>Problem is that they are there, and the effects of their interests and agenda have been a seminal factor in the escalation of costs, and the reduction of the credibility of academe. And they may have come much closer to wrecking academe than many realize. If they do succeed in doing so, they'll go home with billions and this country will lose an essential component of its future well being.</p>