Let's say if you were in charge of closing down USA pharmacy schools due to the oversupply of pharmacists in the USA, what criteria would you use to close down USA pharmacy schools? Which USA pharmacy schools would you close down?
Because that's the "freer" market -- government money thrown at everyone regardless of situation and let everyone else sort it out is much better than showing up to the local death panel making the case why this or that should get the government blessing.How can it be a free market when the government gives student loans to just about anyone and everyone regardless of:
- demand for pharmacists
- price of tuition
- students' ability to pay it back
Easy access to student loans is the primarily cause.
Unlimited professional student loan caused tuition to skyrocketed. If a university knows they can get away with charging you as much as they want and they know you are financially impaired, why not make a killing from you and from the government? That is exactly what happened.unaffordable tuition is the primary cause because colleges are allowed to operate like private businesses.
The government can limit professional and graduate student loan, just like undergraduate. If you need more money? Get it from the private sector or from your parents or from work. Don't expect the government and therefore, the taxpayers to keep on paying and supporting you so you can stay in school for another 4 years as you pursue a XYZ graduate degree.On the opposite end, if you have total student loan pull out by the government, only rich white and asian people will get private student loans, and pretty soon your healthcare core will look like something out of the Stepford Wives and this gigantic underclass of poor people will end up setting fire to the rest of the country in mass civil.
And maybe that is the point of the OP's thread, what criteria could possibly be universal to everyone.I'd close the top 10 schools, because that's about as arbitrary and useful as this question.
Plus all the new grads would be extra extra dumb, so the gap between current pharmacist & new grad gets extra wide.
I'd also move out of the United States, because if someone can do this, it means the underlying free market mechanism is gone and the communists/socialists have won. Next thing you know, I'll need special papers from the commissar to travel to Nevada!