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How can we reduce the astronomical cost of college tuition?
The most direct but politically impractical solution would be to cut off all financial aid for three to five years. Universities would complain loudly, but if a Republican President and Congress persevered, ultimately the universities would be forced to cut bureaucratic and academic bloat — and hence tuition. Subsequently, we could revive aid, but only for the very poor who show academic ability. This would have much less of an inflationary impact.
If we do this, the universities will scream that American higher education will be destroyed. The student-age population (and their parents) will be affronted and outraged, making this approach politically untenable.