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> they should only be charging whatevers needed to cover costs of operating. Effectively that is the case. The problem is that when you have more to spend, you
by randomdata 7y ago
> they should only be charging whatevers needed to cover costs of operating.
Effectively that is the case. The problem is that when you have more to spend, your costs go up. You might opt to buy higher quality equipment, for example. But most especially, when you have more money to spend, your workers want to receive more money. A lot of the income gains that the colleges have seen have gone straight back out as administrative costs.