Acton Institute Powerblog Archives

Post Tagged 'Hyperlink'

Student Debt and the Value of an Education

“Despite the mounting cost and swelling debt,” notes Laura Prejean in this week’s Acton Commentary, “America’s demand for education, particularly higher education, has not decreased, defying typical market expectations.” This is what economists call inelastic demand, when people continue to buy a good or service regardless of an increase in prices. Continue Reading...