Comment by halffaday

I think credit deserves some blame. Schools charge the maximum they expect students to be able to pay, and when students have significant leverage through the bank, those costs rise with it. Very similar conditions in housing. I think administrative bloat is a consequence rather than a cause. Now that the faculty lounge has replaced the factory floor as a reliable voting demographic for you-know-who, I don’t think the subsidies and waste will stop anytime soon.