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Old 06-11-2012, 03:02 PM   #178
bizaro86
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Quote:
Originally Posted by Rerun View Post
Of course they do... there aren't many seniors out there that can afford to live in a private ltc facility where the average monthly cost to them is $4000 to $7000 per month.
Hell... I work for a living in a decent paying job and I can't afford to live somewhere that would cost me that kind of coin.
My point was only that students in res are a great comparable to seniors in LTC. They can't afford the market rate for services they need, so they take what the gov't offers, which is basic level food.

If the private cost is so much more than the public cost, wouldn't that imply that the subsidy is already extremely significant?
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