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"Given the nonprofit, tax-exempt status of colleges and universities, and the powerlessness of the market to control higher-education costs due to limited suppl
by barnaby 17y ago
"Given the nonprofit, tax-exempt status of colleges and universities, and the powerlessness of the market to control higher-education costs due to limited supply"..
Sounds like sub-optimal supply/demand to me. If we dropped the charade that universities are anything other than for-profit corporations then we might get more supply and/or less demand. If there were more market _competition_ then I suspect we'd see prices drop significantly.
- albertsun 17y agoWhy do you think that's a charade?
- wallflower 17y ago> If we dropped the charade that universities are anything other than for-profit corporations Is Harvard really a big hedge fund? However, even if they were a Corporation, they might still dodge corporate taxes. http://www.theamericanscene.com/2008/05/12/is-harvard-just-a-tax-free-hedge-fund http://www.theamericanscene.com/2008/05/12/is-harvard-just-a...