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Month: October 2013

Crude Economic Analysis: Government Student Aid Edition (#affordability, #highered, #studentaid)

Crude Economic Analysis: Government Student Aid Edition (#affordability, #highered, #studentaid)

This is a funny headline from the WSJ.com:

College Tuition Hikes Slow, but Aid Falls
The rate of tuition increases at colleges has slowed for the second year in a row, but government aid has fallen, continuing a cycle of rising costs and debt for students.

There seems to be a correlation in the data here. As government aid lessens, rate of tuition increase lessens.

But it would be crude to jump from here to the conclusion that there is a necessary causation in the data. Right?

“But” implies there is no causation and that the status of aid availability is a separate problem.

“And” or “As” would imply causation. Interesting how the WSJ editors chose their words on this one.