Wednesday, November 24, 2010

More Student Protests in London

It's a confused protest, as are all that have appeared of late across Europe, but students in London are out en masse.

Students are protesting hikes in tuition at government universities.

The government plan is to nearly triple annual tuitions from, on average, 3,200 pounds to 9,000 pounds ($14,250).

As I have pointed out before, the students are obviously getting very poor instruction in economics.

The facts are that for the government to support the entire university structure, it would require greater deficits, which would eventually mean more taxes or higher inflation---which would impact these students when they are in the work force.

The only real solution is to remove government from the education process. It would mean a more innovative and consumer friendly product that would result in efficiencies in price.

There should be protests, but only to get government out of the education business.

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