Comment by wesselbindt
1 day ago
Because they can afford it. It's a redistribution tactic. You can also phrase it like this: college should be free for all to attend. Then, as long as you have a progressive tax scheme, the outcome is the same. Cheap for the poor, expensive for the rich.
Then are you suggesting buying anything should work like this?
Are you suggesting education is like potatoes?
I would say it is more a service, like a massage or a week in a resort hotel.
2 replies →
Not at all. But in markets with inelastic demand, I'd say this is probably the way to go.