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What costs? I bet the government paid for the campuses. It has an incentive to keep citizens inside their borders. Universities already charge top-dollar for ad
by jiggunjer 9y ago
What costs? I bet the government paid for the campuses. It has an incentive to keep citizens inside their borders. Universities already charge top-dollar for admission of overseas students, so they might not make much more trading a price drop for a volume rise.
- seanmcdirmid 9y agoThey definitely have some exposure, NYU shanghai for example is a huge effort from both shanghai municipal sources and NYU proper. The government does provide subsidies in the form of land, but the venture typically books land appreciation right away which they are loathe to lose (the same thing happened with Microsoft’s Beijing campus). So perhaps it is more accurate to say they have something to lose even if their initial investment wasn’t that large.