Private colleges increasingly practice perfect price discrimination making it an incredibly high income tax on the middle class. A small few give breaks for ac

Private colleges increasingly practice perfect price discrimination making it an incredibly high income tax on the middle class. A small few give breaks for academically better students, or don't attempt to fully maximize their price (e.g. Harvard could easily charge $100k/year), but for the great majority, the price you pay is basically "as much as you can". Because of subsidized student loans and jobs that require "credentialization", there's guaranteed supply and guaranteed demand for these rather expensive slots, and no incentive to deliver quality education at a lower price. Until there's either a dramatic decline in wealthy college students, a drop in government loan support, a decline in the proportion of jobs that absolutely require a BA, or some sort of innovation in virtual college, I don't see this changing. Telling a kid that you aren't willing to