[throwawaygh]

> I don't think it's been established that competitive incentives are driving the price through the roof.

I suppose the money for fancy facilities and armies of recruiting staff grew on a tree in the quad?

> There are other theories, e.g. that massive increases in subsidization via guaranteed loans and other mechanisms are driving the price from the demand-side.

As I stated,

>> When public funding is cut, it's replaced with debt

And, actually, that's the good outcome! The more realistic outcome is folks can't afford the price spiral and decide that Johnny doesn't need much more than a 6th grade education. Which I'm sure will bode well for our country.