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Comment by IceMetalPunk | Hacker News Reader

Let's hope not, or hope that at least some regulations can be put in place to fix that if it does happen.

Let's be clear what you're suggesting here: universities that are doing well on their current tuition, and would still be making the same money in the case of government subsidies, would spike their tuition costs by $10,000+ / year just for extra profit "because they can", despite not needing to, and screwing over everyone in the process.

I'm not saying it won't happen, I'm just saying that paints a dark picture of humanity and its almost certainly doomed future if it does and isn't corralled.

(BTW, I wonder how the European countries that offer socialized university have countered that effect?)

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That's literally just what happened with the EV credit and Ford.

That's literally why college is so damned expensive to begin with.

Of course they're going to raise prices because they can - that's literally how every business works.

The majority of voters are good well-meaning people with very little business experience.

The majority of politicians have connections with people who are highly business-informed who know how to parlay corporate profits into well meaning sounding legislation. That creates a win-win in public perception while simultaneously fleecing the public coffers.

I do not expect this trend to end.

> Of course they're going to raise prices because they can - that's literally how every business works.

Then perhaps you've hit upon the root of the problem: education shouldn't be run like a business.

why should transportation (ford), which almost everyone relies on in america more than college, run like a business.

Ford is practically half-government at this point. Thinks like CARB and the Chicken Tax are their bread and butter for survival. Regulatory capture and barriers make cost to new entrants sky high. During recessions they rely on government for bail-out.

https://www.forbes.com/sites/prestoncooper2/2017/02/22/how-u...

Government involvement is part of the reason we're here. A college charging more money isn't 'dark'--they too have bills. Attending a college to major in something is an investment which should include a cost/benefit analysis.

> A college charging more money isn't 'dark'--they too have bills.

Which they are currently able to pay. Governments subsidizing student loans doesn't increase the bills for the college.

Of course there should be a cost/benefit analysis. There should be a cost/benefit analysis for any decision. That doesn't mean it's right for the costs to be artificially inflated beyond what's necessary.

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