4 ms·
This is correct. People arguing otherwise are misunderstanding capitalism. Tuition doesn't go up because administrators need to be paid. Tuition goes up beca
by T-hawk 9y ago
This is correct. People arguing otherwise are misunderstanding capitalism. Tuition doesn't go up because administrators need to be paid. Tuition goes up because the market will pay it. The administrators are the result of the profit margin of tuition, not the cause.
It's the same argument that sports tickets cost so much because the players get paid so much. That is backwards. Ticket price rises to the level that the audience will pay, and then that determines how much money is available to pay players.