Any time you provide increased funding to a customer, the price of the goods will go up. This is the same reason raising the minimum wage would likely increase prices of other goods.
An easy-ish solution to this is:
1. Breaking up unions/lobbies - AMA for reference is the limiting factor in the number of doctors. They limit the number of medical students intentionally, inflating doctors wages (and university costs). Administration costs for universities also have high overhead and should be reduced.
2. [Agree] Student loans should be dischargeable via bankruptcy
3. Government shouldn't offer student loans. Instead, offering grants and / or work programs. I went to a junior college for 2.5 years, while working and saving up. Then went to UIUC. I took on some loans, but it was subsidized by my own funds. This leads to more responsibility / accountability so people don't take loans to "party".
False. The AMA doesn't limit the number of doctors. The actual limit is the number of residency slots at teaching hospitals, most of which are funded by the federal government. Every year there are students who graduate from medical school with an MD but are unable to practice because they can't get matched to a residency program. The AMA actively supports increasing residency funding.
An easy-ish solution to this is:
1. Breaking up unions/lobbies - AMA for reference is the limiting factor in the number of doctors. They limit the number of medical students intentionally, inflating doctors wages (and university costs). Administration costs for universities also have high overhead and should be reduced.
2. [Agree] Student loans should be dischargeable via bankruptcy
3. Government shouldn't offer student loans. Instead, offering grants and / or work programs. I went to a junior college for 2.5 years, while working and saving up. Then went to UIUC. I took on some loans, but it was subsidized by my own funds. This leads to more responsibility / accountability so people don't take loans to "party".