Won’t things like blanket student loan forgiveness or very cheap student loans make such moral hazards even worse? Publishers, college administrators, football coaches, etc. will try to extract as much as possible from the free student loans provided by the government.
ChadNauseam|2 years ago
dehrmann|2 years ago
The football team probably brings in enough revenue to pay the coach.
Dalewyn|2 years ago
downrightmike|2 years ago
sowbug|2 years ago
hgsgm|2 years ago
https://en.m.wikipedia.org/wiki/Moral_hazard