Lee Presser has a very good point here about the high cost of health care.
Government loans and private educational loans tend to send massive amounts of money into our education system. This allows colleges and universities to increase tuition exponentially. Why shouldn't educators increase their fees if lifetime earnings are substantially increased? In the same way easy mortgage loans backed by the government unrealistically drove up the value of homes. Our health care system is heavily funded by the government. Nursing home stays are 90% funded by Medicare and Medicaid. There are even firms that will help you qualify. A large portion of hospital stays are funded by Medicare and Medicaid.
Lee has a very Good point:
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