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"Even so, spending per student went up 8%." And where do you get that data? "Usually when demand drops, prices go down. Why do you believe education behaves d
by hristov 16y ago
"Even so, spending per student went up 8%."
And where do you get that data?
"Usually when demand drops, prices go down. Why do you believe education behaves differently than virtually all other goods?"
As I said above, demand went up from 15 mil to 18 mil.
- deleted 16y ago[deleted]
- yummyfajitas 16y agoAccording to you, demand dropped when states reduced their purchases of higher education. (By the way, did you ever provide numbers on gov subsidies for colleges?)
- spoondan 16y agoYou may need to spell out what you're trying to say. Why should one expect the spending per student to decrease solely (or even primarily) as subsidies decrease? Aren't tuition and enrollment far more important?
- yummyfajitas 16y agoThere are two countervailing effects going on: a drop in demand for college by states, and an increase in demand due to more college-age people. If the latter effect is the important one, then Hristov's original point (regarding reduced state subsidies for college) is irrelevant. If the former effect is the important one, then spending should have gone down. And if Hristov believes the decrease in demand due to reduced state spending caused prices to go up, he should explain why he believes college behaves so strangely relative to other goods and services.