I’m Romanian, I’ve just finished high school, I’m currently taking the Bacalaureat, and I’ve already been admitted to an American university (USC). I knew from the start that I wanted to study abroad, and I’ve always been fascinated by California, especially Los Angeles, so the U.S. was my first choice. That said, I also looked into universities in the UK, the Netherlands, Canada, and Ireland, and their tuition fees are significantly lower.
Why is american [insert anything here] so much more expensive than in other countries
Unrestricted capitalism
Specifically the need of capitalists to have workers.
The oft repeatedly lie is the tragedy of the commons, literally a fable made up by aristocrats to justify closing the commons to force people to go work in factories.
The huge levels of debt are part of the system to keep Americans working, if you don’t got to college you need to work non-stop to get healthcare, if you do go to college you can get a stable job but you need to pay off that debt.
It’s a system to keep the wealthy wealthy and the rest of us busy until we are too old to do anything about it.
It’s a true shocker that a greed based economy favors the ultra greedy
Psychopaths going unchecked.
This is an important distinction to contrast the answer you’re responding to. In fact it’s not “unrestricted capitalism”. It’s very restricted for the private consumer. So many laws, rules, and regulations working against us lowly proles we can’t use our superior numbers to truly drive a competitive market.
Capitalists have capital, which they invest in legislative capture to create a more favourable environment for capital.
It’s capitalism unrestricted, since there is no restriction on what capital can do once enough has been accumulated.