>If you charge more than the actual cost, why would anyone in the chargeable bracket not pursue a private alternative? 1) "cost" is not equivalent to a value g

>If you charge more than the actual cost, why would anyone in the chargeable bracket not pursue a private alternative? 1) "cost" is not equivalent to a value gained by studying there. Even in extremely costly US universities, on average it's advantageous to pursue education. 2) If you charge over "actual cost" in Europe, it's still way less than US prices, inflated among others by byzantine administration. 3) In most of Europe, private universities are complete joke.