Inflation mystery. An Aha! moment for me.

[Jester]

Perhaps it is the chicken and the egg, but I see it as the opposite. Prices are chasing subsidies.



Subsidy-Absorbing Institutions of Higher Education

Loans are not subsidies that can be expected to reduce "retail" prices. They are money given in order to afford high prices, not a bargain made to keep prices down. Perhaps it amounts to the same thing in the end, except that, if your measurement of education costs is not total spending, but tuition, then you end up with a higher result.

-Jester