> All of this goes to underscore just how destructive the "college for everyone" concept is.
No, it shows how destructive the US policy response to that concept is, not how destructive the concept itself is.
Neither difficult-to-discharge loans without substantial cost or quality controls, nor an extensive role for private, for-profit institutions are demanded by the "college for everyone" concept.
> Consequently, colleges have transformed into bloated profit machines, happily ratcheting up tuition in response to this inflated demand.
I don't think its true that "colleges have transformed into bloated profit machines", so much that "colleges that are bloated profit machines have expanded and taken a larger market share".
No, it shows how destructive the US policy response to that concept is, not how destructive the concept itself is.
Neither difficult-to-discharge loans without substantial cost or quality controls, nor an extensive role for private, for-profit institutions are demanded by the "college for everyone" concept.
> Consequently, colleges have transformed into bloated profit machines, happily ratcheting up tuition in response to this inflated demand.
I don't think its true that "colleges have transformed into bloated profit machines", so much that "colleges that are bloated profit machines have expanded and taken a larger market share".