The federal government provides more student loansandspends more moneyon higher educationthan it used to, but colleges justraise tuitionto match the increased spending.
Every once in a while, I notice a truth, revealed long ago through reason by the Austrians, peeking through when a modern Keynesian happens to write about real-world effects that seemed to him counter-intuitive.
France was once a role model for what big government can do for its people. But it has become an embarrassing example since the "Gilets Jaunes†took to the streets to demonstrate against the insane amount of taxes they pay.