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Re:US Household Debt Surpasses 2008 High by int_19h on Wednesday May 17, 2017 @09:04PM (#14364130)
It's the exact same story as with healthcare. If you try to implement welfare by throwing money at the private industry to make their product more affordable, the prices simply grow up (which is basic supply and demand stuff - more people with money = more demand).

For this to actually work, you need to either regulate prices, or have a public-owned, government-run nonprofit with an explicit mandate to keep the prices as low as they can be, regardless of demand - and throw subsidies only at it.

Re:US Household Debt Surpasses 2008 High by moduspol on Wednesday May 17, 2017 @09:45PM (#14364297)
Or let it become a market again, like it was for our parents until these subsidies came along.
Re:US Household Debt Surpasses 2008 High by int_19h on Wednesday May 17, 2017 @10:29PM (#14364448)
Letting healthcare become a truly free market literally means having people die on the streets from preventable diseases if they can't afford to treat them.

Most civilized nations have decided that they don't want that kind of thing a long time ago.

Re:US Household Debt Surpasses 2008 High by moduspol on Thursday May 18, 2017 @04:59AM (#14365778)
I didn't say "truly free" market or healthcare, and the thread is about higher education, but thanks.