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I don't see how "uncap admissions" and "don't take on any new infrastructure" are compatible.
by thunderfork 1y ago
I don't see how "uncap admissions" and "don't take on any new infrastructure" are compatible.
- echelon 1y agoLecture halls sit empty while universities build amenities to make college seem like a staycation. If a university truly needs more classrooms, so be it, but much of the spending is going to perks like gyms, saunas, and sports facilities.
- whatshisface 1y agoIf the free market says that young adults 18-24 want to spend thousands of dollars on gyms, saunas and sports facilities, why should government regulators get involved?
- IG_Semmelweiss 1y agobecause government regulators are backstopping the loan that young adult took for that sauna. There's no free lunch. Its not a free market when a 17yr old with zero job experience can enter loan agreements of 100k per year. And you know that's true because in any other scenario, the same 17yr old will get laughed out of any loan office. I'm not even sure a 17yr old would get a 400k bank loan if the kid showing up at the bank as the patent holder of Wegovy, for example.
- makapuf 1y agoThat ans I'm not sure the free market could not provide private independent luxury sports amenities just next to universities if it was a real need. I'm pretty sure the free market sports places would fail fast however.
- pixl97 1y ago>If the free market says The free market will gladly smash your nation into the ground and kill everyone if it's profitable enough.
- whatshisface 1y agoRunning a gym might not be on the same level.