All a consequence of printed, fiat money, and the MASSIVE government debt it allows.
“College Towns” are actually “government-funded-woke-social-engineering-towns”
The money has flowed continuously for at least 2 generations, so its a way of life for these places and the people there.
Yep.
The kids have four - or more - years of a “safe haven” - which costs them dearly - before they’re kicked out to fend for themselves with their worthless degrees.
They won’t wake up until they’re 30 - if ever - once they start looking at their first paychecks (if they can find a job) - and realize how much the government is taking from them - then there is that pesky student loan that they can’t get out from under for decades.