clutch and cubs,
I agree. Before the government got involved, college costs were significantly lower than today. One would think that with larger enrollments, colleges costs would decrease over time. After all, it doesn't cost much more to have 30 students or 40 students in a class. There needs to be some level of accountability. I admire the government wanting to make college more affordable but there needs to be restraints.
Eric, I think your recent encounters with attorneys is affecting your feelings towards them. I don't blame you for that though!
Cigar,
I think I know the underlying causes. And they both stem from government involvement. I think it was in the 90s when the executive pay was required to be disclosed. After that, everyone had a benchmark. As it is with active investors, everyone tries to beat the benchmark (even though most fail!) but still want to be rewarded. I figure it's hard to get the genie back in the bottle so one needs to look at ways to try to make things proper. If a CEO is going to be paid a massive amount of money then they need to be taking some downside too (firing is not downside if you walk away with $100 million for failing). And the college issue I talked about above.