JaredJames
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Mech_Engineer said:You're right that universities operating in a free economy would compete for students through efficiency and education quality (and charge a tuition which is determined by how much students are willing to pay for it); but with an arbitrary tuition cap in-place (which is lower than their tuition would otherwise be) universities end up all charging the same, and instead the supply is artifically limited by the government. Apparently what ends up happening in the case of an artificial tuition cap is instead of universities competing for students, students compete for universities...
Sorry, this doesn't make sense to me.
At the moment, there are students competing for universities. The universities take the best of the bunch. So to get to the best universities you need to be worthy of it, not by financial means, but by ability.
Why is this a bad thing?