The same goes for medical care. The article tries to say that university and medical care are somehow competitive or part of a free market. There's no coinciden

The same goes for medical care. The article tries to say that university and medical care are somehow competitive or part of a free market. There's no coincidence that both "industries" are the most heavily regulated and subsidized industries in the economy, and they're the most expensive. Consumers of both products are completely divorced from the costs. People just don't think 20-30 years ahead. Student loans will weigh you down for a large part of your adult life, but when you're 18 you have no concept of that. Same with health care. Many many people don't care if their eating and health habits are detrimental... the consequences are years off and, frankly, someone else will pay for them. So government steps in and breaks the market mechanisms. Student loans are non-dischargeable and subsidized to an unlimited amount. Your health habits cannot be taken into account with health insurance; government mandates the same coverage for everyone, whether or not you eat 10,000 calories of potato chips a day, or you run three miles a day. The entirely predictable result is that prices go up unsustainably.