The strategic brilliance of the Affordable Care Act

[Mr Khan]

Kasz216 said:

Augen said:

 

Thank you for your response, I would be one of those "no ones" interested as I think to solve a problem you have to identify the nature and causes of the problem.

I feel similarily about the cost of tuitions at Universities.   Both of these aspects of our culture have witnessed massive increases in cost over past 30 years and seem like have to hit a breaking point over next 30 years if they continue on.

College University prices going up are pretty easy to identify... and just as hard to fix.

 

1) Just about anyone can get a college loan, to go to college.  Which generally as a society we deem important because we think everyone should have an equal access to education, and we don't want the poor not being able to get into school because they can't pay.

2)   The value of a college education has grown in the general public's eye from

A) College Education.  For smart people.

B) College education, for a lot of good jobs, but there are plenty of union and trade jobs for other people.

C) College Education... mostly needed for a good job, but lots of good trade jobs out there... also service industry middle management.

D) College Edcuation... at this point you practically need one to be hired at an arbys!

 

So basically EVERYONE feels like they have to go to college, even if they did shitty in school.  So everyone is willing to take out a huge loan to go to college, and the government is willing to provide loans to everyone... because they all want people to have equal access to education. 

 

Limited supply+over demand = ridiculious prices... and the fact that the demand says super high because the government will give anybody a loan means prices will keep skyrocketing until they hit a point of where it's near impossible to pay it back even if your a success story.

 

There is little that can be done to really address this.

More targeting in high school of where exactly people want to go. More encouragement to get people who would be better for skilled trades into Vo-Tech schools.