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Because they can afford it. It's a redistribution tactic. You can also phrase it like this: college should be free for all to attend. Then, as long as you have
by wesselbindt 2y ago
Because they can afford it. It's a redistribution tactic. You can also phrase it like this: college should be free for all to attend. Then, as long as you have a progressive tax scheme, the outcome is the same. Cheap for the poor, expensive for the rich.
- hooo 2y agoThen are you suggesting buying anything should work like this?
- wesselbindt 2y agoNot at all. But in markets with inelastic demand, I'd say this is probably the way to go.
- baq 2y agoAre you suggesting education is like potatoes?
- ponector 2y agoI would say it is more a service, like a massage or a week in a resort hotel.
- baq 2y agoIf you are an education provider, yes. If you are receiving education, I'd say it's totally different due to expected value added over the student lifetime.
- 1dontknow_ 2y agoLike a massage? You can't be serious. I would consider it a basic service like healthcare, power, or water, so it should be easily accessible, have certain quality standards and very affordable, basically a decision to go there shouldn't have any financial impact.. but surely that's ideal.
- ponector 2y agoAnd yet whoever works in education is not appreciated all around the world. For some reason whoever teach children lives on small salary(often minimal wage) but with high requirements.