This would be a more interesting article if the author understood that the real reason for the increasing cost of both education and healthcare is the decoupling of the buyer and the seller. With healthcare, the decoupler is health insurance; with higher education, it is the student loan. (Doesn't everybody understand this fact by now?)
I experienced the former, once again, just yesterday at the doctor's office. He explained several procedures he wanted me to undergo. When I asked him specifically about one of them, he explained "because your insurance covers it." I shit you not. When I laughed he looked puzzled.
And anyone who had seen how easy it was to get a student loan in the past 10 or 15 years, with very little qualifying information required, should understand the latter point.
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This would be a more interesting article if the author understood that the real reason for the increasing cost of both education and healthcare is the decoupling of the buyer and the seller. With healthcare, the decoupler is health insurance; with higher education, it is the student loan. (Doesn't everybody understand this fact by now?)
I experienced the former, once again, just yesterday at the doctor's office. He explained several procedures he wanted me to undergo. When I asked him specifically about one of them, he explained "because your insurance covers it." I shit you not. When I laughed he looked puzzled.
And anyone who had seen how easy it was to get a student loan in the past 10 or 15 years, with very little qualifying information required, should understand the latter point.