3 ms·
Not the OP, but different types of government support results in different outcomes. In the US, the US will give students whatever size loan they need for educ
by gilbetron 6y ago
Not the OP, but different types of government support results in different outcomes. In the US, the US will give students whatever size loan they need for education. This creates the incentive for Education institutions to charge more and more, because there is no one to say "no".
In other countries, the government provides the money directly to the Edu institution, and therefore acts as the single buyer of education, in a way. And so there isn't that inflationary incentive. I think this could have a downside, as well, which is less need to compete for student's attentions. Although even that is nuanced, as making fluffier, happier student life isn't necessarily good either!