The recently-released budget plan from House Budget Committee Chairman Paul Ryan (R-Wisc.) states that “the decisions of colleges and universities to raise their prices would have been constrained if the federal government had not stepped in so often to subsidize rising tuitions.”
Paul Ryan offers this solution, among others: as opposed to offering even more in federal student aid as President Obama would like, let’s cut $9.5 billion in discretionary funding from the Department of Education.
This is a good, but tiny, first step.
The second step is completely unfeasible: make the Department of Education operate in the realm of economic reality.