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by raxxorrax 2384 days ago
Government contribution made it possible to get my degree for free basically. We don't have a student loan bubble while still having a pretty high educational standard, even if that suffered in recent years.

We might not have the most tenured professors though, since those a drawn to centralize in institution with high prestige. But with the free flow of information today, this centralization of excellence becomes less important.

But anyway it probably isn't a problem with too much/too few government intervention and more of a problem of intervention being constructive or not. Bad intervention is probably worse than no intervention, I agree.

1 comments

Perhaps, but some things are inherent to how markets work.

It's not surprising that by making a ton of student loan money available, that more students are more willing to spend more money, and thus prices rise.