This is a very important insight. And it raises the question of whether the current Democratic focus on increasing demand-side subsidies is fundamentally misguided.https://twitter.com/TimDuy/status/1120498364393709571 …
How does more support lower costs (whether supply side or demand side)? There are a whole bunch of factors driving up the cost of college and simply having the government transfer more revenue to schools won’t keep costs in check by itself