Easy Money Drives Up the Price of College Tuition, says New York Fed

NEW YORK ( MainStreet) -- Some higher education observers have long thought that there has been a relationship between the cost of college and the availability of student loans. Cheap money--and more of it--puts upward pressure on the price of tuition. Now the New York Fed has noticed it also and has produced a study that delves into this issue. In the report, Credit Supply and the Rise of College Tuition, the Fed found that when students fund their education through loans, there's a tangible im...