It is just like the housing bubble. There is a limited supply of prestige and semi prestige school spaces and a growing demand. The Govt steps in the make more money available..demand continues to grow and the price goes up beyond its real value. If the Govt stopped guaranteeing and making student loans..the schools would be short about 50% of the demand and would have to reduce prices and costs. The Govt has allowed them to raise tuition, salaries and other services beyond their value. Plus they have hung on to an underutilized physical brick and mortar plant way too long.
They need to modernize..and utilize. We the taxpayer are on the hook for all these loans.
I did mention something to the effect of expanding demand and without insurance doctors and hospitals would be forced to charge less. I think we on Freep are all cognizant of how that works. The real issue with insurance is covering really major issues,the kind that would bankrupt a person.
Maybe that’s all insurance should cover. Categorize illnesses and have it cover those that will result in hospital stays. Stuff like that. I think it also must cover yearly check ups just to keep the cost of the bigger stuff down.
Infected fingernail? Pay as you go. A cold? Lots of stuff pay as you go. I think that would help lower costs on the lesser issues.
And one more thing. Government can’t sure stupid. Infect a fingernail and decide you don’t need to take care of it until its poisoning you then you’re not covered for all the extra! That is likely where the real left right war would be.