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One market where we see this effect, I think, is university education. Access to cheap loans has lead to an explosion in costs.
by outside1234 2y ago
One market where we see this effect, I think, is university education.
Access to cheap loans has lead to an explosion in costs.
- charlie0 2y agoBeat me to it and you're absolutely right. There's no need to guess what's going to happen here, we've already seen what happens elsewhere when the government injects a lot of money.
- tzs 2y agoI'm not so sure about that. A few years ago I looked for historical university cost data. I didn't find much, but when I graphed what I did find I did not see any noticeable change in the rate costs grew between before the availability of cheap loans and after their availability.