On: Universities are broke – let’s cut the pointless a...

[T-hawk]

> (or at least give people $10k/yr towards tuition)

This just means the colleges will raise their price by $10k/year. They will charge what the market will bear and capture the subsidy for themselves.

[0xbear → T-hawk]

More like by 15k/yr. Administrators need to be paid too. It's the same problem as with the government. It's not their money, so they're spending it like it's about to expire.