re: Some colleges will charge up to $95,000 this year...

The issue here is this doesn't follow supply and demand

You would think... demand for college, high. Raise tuition, price goes up, demand goes down. Equilibrium.

No.

What happens is kids are force fed the notion they NEED to go to college.

Then they don't really know how much tuition is. The government steps in and says "don't worry about it kid we got this". The college then says "That will be a billion dollars" Us Govt says "bet"

The student applying really has no clue or concept of how to think about this.

Goes to college.

Uncle sam funds the whole thing.


Once kid graduates and matures Uncle Sam comes back and is like "hey bro you owe me like half a mil.... cool? Whenever you can get that back to me."

Im guessing what im saying in the scope of classical economics..... the price has no bearing whatsoever on the demand for said product