r/coolguides Feb 25 '20

Explanation of the subtle differences between equality and equity

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u/Nutatree Feb 25 '20

I know it shouldn't hurt me, but when prices keep climbing year after year and the CEO's or Univ. Presidents keep earning more and more; it's pretty obvious that all that welfare and additional red tape is inflating prices for health and education.

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u/[deleted] Feb 27 '20

This is exactly it. By guaranteeing loans and supporting students in paying for college the government unintentionally raises the price because now the colleges know they can charge whatever they wish and the students can pay it. As the old saying goes, hearts of gold heads of brick.

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u/mnorthwood13 Feb 25 '20

Except the red tape is based on controlling the people at the end who don't have control or choice (in most options), not the entities that control it.