The market is highly irrational despite what they teach in econ classes the market will act randomly and different industries will act differently to the same situation these things cannot be painted with all government is bad brush. Education is the cornerstone of our society and intellectual growth as a species. Equal access to education should be a basic human right.
The issue we have here is the presidents of state institutions lining their pockets with tuition costs which need a two front approach the pure market force of lower cost private institutions stealing students away (unlikely but may happen, this has a lot t do with barrier to entry costs which we may touch on later), and state or federal regulation of what their/our employees may pay themselves. The trustee system in state schools may need to be reformed.
Again we have balance neither approach is wrong nor will interfere with the other.
SIDE BAR: I think we should form a group call "The Destiny Economic Forum"
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