Earlier quoted context omitted.
" The price of college education is going up much faster than the cost of providing it. If you look at tuition vs what a professor is paid, one goes up much faster than the other. " That's the most important question. Same applies to health care. Where does the money actually go and how has that changed over the last 50 years? Everybody immediately complains about their favorite scapegoat but there is no comprehensiv…
Regulation inevitably squeezes it into government one way or another. The only long-term beneficiaries are the government itself which constantly requires more funding through any means possible, and those involved in regulatory capture - typically banks and large corporations. It is important to note that relaxation of regulation is important as well, since the direction of that easement usually favors banks and big…
The actual answer appears to be that it´s being squeezed into the financial sector by several positive feedback loops operating around lending, and in particular securitized lending - but that´s not the sort of answer that helps to pander to populist sentiment, and securitized lending is a trillion dollar industry - so you won´t see it discussed very much.