Why are universities so expensive explained … 🔊

Everything the government gets involved with gets more expensive and less efficient and far more waste and corruption.

It’s all about the 💵💵💵…

Government runs the student loans. Solutions: Separation of education & state. Separation of loans & state.

No reason the vast majority of classes couldn't be taught online for a tenth of the cost. The whole thing is a scam. What's worse is now that DEI is here, it's a coin toss as to whether or not your college professor is even competent at all.

Same dynamic exists in housing. FHA & VA mortgages are fully insured by US gov’t. If borrower defaults, lender gets paid in full. USA would be miles better if all these gov’t programs were eliminated.

Capitalism works. The government ruins everything.

Remember the bag of screws that costs $75,000 because the military is paying for it with government money? Yeah, he is right.

Same result when government got involved in healthcare where Obamacare tripled and quadrupled Americans premiums and deductibles.

Ask him about Bitcoin and see how much you agree with him afterwards!

There are three major factors that have driven up the price of college tuition in the US. First, enrollment rapidly increased after WW2 with tens of thousands of Veterans going to college on the GI Bill. Second, to accommodate the new waves of students, admission standards dropped precipitously. Third, with the influx of govt loans, college administrations rapidly expanded the number of administrative positions. Many colleges and universities today have as many (or more!) administrators as they have faculty, and only one third of a college/university's faculty are tenured--the rest are part time laborers making a fraction of the pay. DEI and similar initiatives are perfect examples of the unseen tax that administrative bloat has produced, costing as much as 20% of a university's annual budget (administrative positions, compliance operations, etc.).