News for hackers. Stuff that matters.

A comment on NYU Makes Tuition Free for All Medical Students. Parent comment

Re:NYU Makes Tuition Free for All Medical Students by maxerickson on Friday August 17, 2018 @10:21AM (#17782976)
The government backing a huge portion of the loans and creating special treatment for the loans are both, ya know, subsidies. They are slightly indirect.
[ Parent | on HN ]
Re:NYU Makes Tuition Free for All Medical Students by kurthr on Saturday August 18, 2018 @12:49PM (#17789324)
Yes, that is why I called out loan guarantees. Regulatory capture (special treatment) on the other hand, is not subsidy any more than granting a patent/trademark is a subsidy... it's regulatory capture (the opposite of effective regulation). Corporations don't get to blame the govt for the rules that industry paid for... see what you made me do!
[ Parent | on HN ]