Given that the student loan system and accreditation process already imply significant central planning, I think it is fair to ask if these places are net posit

Given that the student loan system and accreditation process already imply significant central planning, I think it is fair to ask if these places are net positive for society as a whole. Conditional on them existing students are forced to attend in order to keep up in the credentialism race, but a supra-market force like the federal government could impose a more globally efficient solution.