4 ms·
You are singling out for-profit colleges, which to me does not make sense. I am not sure I agree -- out of state sticker prices at good public universities are
by ptero 8y ago
You are singling out for-profit colleges, which to me does not make sense. I am not sure I agree -- out of state sticker prices at good public universities are not much different from private ones. And in-state costs are not far behind (and it is not just tuition, add books and living expenses).
Most schools, public and private, moved to the model of charging as much as the family can afford (i.e., putting a huge sticker price and refunding the "unaffordable" portion for each family via a much-touted scholarship).
- black6 8y agoIt's really taken off since the 80's. I like to compare it to minimum wage[0], as that's what your average student can expect to earn while in school, if she has time for a job. 0: https://hornor.space/2020/snippets/tuition.html https://hornor.space/2020/snippets/tuition.html
- lmkg 8y agoYou seem to be conflating "private" and "for-profit." Most private schools that are considered respectable are non-profits (at least on paper). When someone says "for-profit college," they mean diploma mills.
- ptero 8y agoAgreed and thank you for the correction. Diploma mill industry is indeed the predator. But I think the way to stop it is to force disclosure of total costs, average salaries, etc. Once people see what they actually get from those (a piece of paper) they may be more inclined to shop elsewhere.