The ER charged him $6,589.77 for 6 stitches, cost that led his wife to avoid ER

Re:The ER charged him $6,589.77 for 6 stitches, cost that le... by trixie_ on Saturday November 20, 2021 @08:29AM (#29287875)

A free market wouldn’t be dumb enough to give a teenager a loan for 100k. That idiocy is reserved for the government.

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Re:The ER charged him $6,589.77 for 6 stitches, cost that le... by sofixa on Saturday November 20, 2021 @08:45AM (#29287995)

Hence the free market would have excluded any teenager who doesn't have rich parents from higher education. Hardly a good thing.

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Re:The ER charged him $6,589.77 for 6 stitches, cost that le... by trixie_ on Saturday November 20, 2021 @09:09AM (#29288194)

Free market brings prices down and quality up. The government tried to ‘help’ 50 years ago and now the prices have become so distorted that without government help you would need to be rich to go to school.

People like you think the government should solve a problem that they themselves created.

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Re:The ER charged him $6,589.77 for 6 stitches, cost that le... by sofixa on Saturday November 20, 2021 @11:03AM (#29289214)

> Free market brings prices down and quality up

In theory, but in practice there are many markets where that simply doesn't work, mostly due to natural monopolies, such as any type of infrastructure, healthcare or education, where competition is impractical or impossible, equal access for everyone is extremely important, and costs are high.

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Re:The ER charged him $6,589.77 for 6 stitches, cost that le... by Ekaros on Saturday November 20, 2021 @01:59PM (#29290808)

I think free market could work with education. It is really a question how to verify the results. That is how should degrees be granted. Which is rather complicated issue as there is way too many ways to cheat.

Still, nothing really stops competing methods and prices for teaching to competing levels.

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