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I know this is pretty obvious (subsidies increase quantity demanded), but having spent my entire adult life in and around academia, I'm fascinated by the higher ed bubble. American society is distorted beyond comprehension around college.
Federal Student Loans Drive Up College Tuition Levels By Jane L. Johnson "Like every other government program designed to make something “more affordable,” the student loan program has managed to drive college tuition to atmospheric levels and saddle students with massive levels of debt."
Basically the .gov should just stay home and literally do nothing and everything would start to get better immediately
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If only that were in our choice set.
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