Someone buying these tickets. As long as that’s happening the gouging will continue.
One would think in the not too recent past that this is a good economics lesson for these students. Welcome to America, where commercialization / materialism (making a buck, taxing a buck) rules the day.
Apparently students don’t have the resources to participate in the scalpers marketplace. The scalpers “invested” their money. A scalper offering a ticket for $45,000 ... sounds like someone as unrealistic about economics as the students as I did not read that the singer has had people pay tens of thousands of dollars in the past for similar seats.
As concert day approaches, and tickets remain unsold, prices would be expected to drop. Go to a “must go” NCAA Div 1 football game. As kick-off time approaches, all the people with extra tickets begin to drop their prices because they know it’s even harder to sell a ticket after the kick-off as the number of buyers rapidly drops. It is quite empowering to tell guys hawking $100/seat tickets - you are over priced, hope you sell in time to see the kick-off. As one walks closer to the gate, the prices drop.