5 ms·
On the contrary, the problem is too much government subsidy. It’s same as any other price inflation when you inject 100s of millions of dollars into a sector.
by koolba 8y ago
On the contrary, the problem is too much government subsidy. It’s same as any other price inflation when you inject 100s of millions of dollars into a sector.
If anything the government should stop giving people money and instead open more public schools. That’d increase competition (ie supply) rather than demand and thus lower prices.
Imagine if every private school would have to compete against a well funded and cheap (relatively) public option. That’d have an immediate impact on driving down prices across the board.
Demand side government involvement is always a bad idea. It universally leads to poor outcomes and profit capture by the wrong institutions. Either supply side or no side is my vote.