[108]

Do they? If government loan programs treat all degrees interchangeably, why do you have differential pricing for STEM degrees and Liberal arts, with the latter being cheaper and STEM, law and medicine degrees being the most expensive.

[TheCoelacanth]

They are more expensive because the programs cost more to run. The professors have more job prospects outside of academia, so that drives up their wages. They also need more expensive resources (labs, legal libraries, etc.).