When we as a nation stop subsidizing higher education and put serious limits on per capita loans the for profit and professional schools will disappear.
Until this happens, there will be no change. You can try for administrative or statutory overhaul, such as state restrictions on licensing, but it wont work. This also comes down to federal subsidies. The more health professionals in the community, the less they have to reimburse us for services, so the legislature will not willfully reduce the # of "doctors" out there. Plus, the lobbying from Apollo and the like will clobber any of us on the legislative arena.
When a doctoral degree requires private funding nearly every supply side issue will reduce overnight.
Ron Paul knows this, and a few others. We should not be subsidizing each other's educations. When we do, it creates socially constructed artificial niche-bubbles (like sub-prime mortgages), and bad things happen to the market.
Chuck Norris counted to infinity...twice.
Last edited by aequitasveritas; 01-29-2012 at 01:39 PM.