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A comment on I’m on Medicare, but I still got stuck with a $25k hospital bill. Parent comment

Re:I’m on Medicare, but I still got stuck with a $25k hospit... by leplen on Sunday December 29, 2019 @09:07PM (#21910175)
Need based scholarships allow universities to have nearly perfect price discrimination. This allows them to charge different prices to different consumers and extract the maximum amount each consumer is willing/able to pay. If they had to charge everyone the same price, that price would be considerably lower than the sticker prices now.
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Re:I’m on Medicare, but I still got stuck with a $25k hospit... by Paul-ish on Sunday December 29, 2019 @09:51PM (#21910393)
Are there studies on this, or is this just what we expect from economic theory?
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Re:I’m on Medicare, but I still got stuck with a $25k hospit... by apexalpha on Monday December 30, 2019 @03:48AM (#21911818)
Just think of it like this. If Harvard would charge $2000 in tuition each year but they raise the price $1000 for every $10k your parents make.

Sounds ridiculous right?

So the make the price $30.000 and give discounts if your parents don't make $100.000 instead.

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