|
|
|
|
|
|
by URSpider94
3324 days ago
|
|
|
The article points out that there are many non-governmental professions that show this effect: musicians (look at the prices for concert tickets), post-secondary education, which is not usually free, though it may be subsidized, restaurants... |
|
|
In many places, loans for university education are guaranteed by the government. So universities have no worries for charging absurd prices for useless degrees. Even if the graduates go bankrupt the university still gets their money from the government. (And in some jurisdictions bankruptcy doesn't discharge student loans.)
The GP raises a legitimate point that government involvement in just about everything muddies the analysis.