College tuition didn’t spiral out of control by accident. This episode examines how unlimited access to subsidized money, non-dischargeable student loans, and administrative bloat turned higher education into one of the most profitable—and least disciplined—industries in America. From the Bennett Hypothesis to the explosion of bureaucracy and low-value degrees, the discussion argues that the crisis in higher education isn’t about learning or compassion, but about incentives—and why prices will keep rising until those incentives change.

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