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Only works if every university does the same thing.
by soperj 11y ago
Only works if every university does the same thing.
- amelius 11y agoCan you explain why "price creep" will not occur, i.e., universities increasing their prices with small amounts (say $10 a year), so that eventually, all of them will end up at (X+Y)$ ?
- TrevorJ 11y agoAccording to a study be the federal reserve, it actually is happening right now. Education isn't a commodity product so this kind of pricing doesn't require collusion between different schools.