Cheap interest rates always cause the price of financed things to increase. This applies to homes and it applies to college tuition. If interest rates rise, college tuition prices will need to come down if the college’s expect to keep running. That would actually beagood thing for most students. In the long run it is better if the government does not interfere is something like the college tuition market or the housing market. When the government interferes like this to hold down interest rates it causesabubble. We have already seen in 2008 what happens whenabubble bursts, that time in housing. The continued interest rate manipulation since then has blown another, smaller housing bubble. Nobody ever seems to learn that nothing comes for free. That bubble will burst again and the college tuition bubble is going to burst as well.