3 ms·
Covering their costs is a bs framework. Hospitals are de facto partnerships run for the benefit of certain insider employees. Their “costs” are whatever the mar
by bradleyjg 4y ago
Covering their costs is a bs framework. Hospitals are de facto partnerships run for the benefit of certain insider employees. Their “costs” are whatever the market will bear paid to those same employees.
Ditto for universities.
- vinyl7 4y agoUniversities get away with absurd pricing because the government guarantees the loans. If the govt stopped backing the loans, the tuition costs would plummet and the govt wouldn't need to back them anyway.