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These programs are absolute cash cows for universities. One of the primary reasons that tuition has considerably outpaced inflation is government guaranteed loa
by arbitragy 5y ago
These programs are absolute cash cows for universities. One of the primary reasons that tuition has considerably outpaced inflation is government guaranteed loans. Two of the primary 'cost-disease' areas - healthcare and education - are some of the most regulated areas of our lives.
https://www.aei.org/carpe-diem/chart-of-the-day-or-century-6/ https://www.aei.org/carpe-diem/chart-of-the-day-or-century-6...
- misiti3780 5y agoImagine what might happen if the US government made all college education free. I am all for the government potentially paying for degrees, but I do see how it would be helpful for taxpayer dollars to pay for hundreds of kids to get a Columbia MFA.
- sudosysgen 5y agoIf the government is going to be paying for college, it's also going to limit the cost of degrees very harshly, making these kinds of programs barely profitable if at all. If there still is profit after such a reform. Universities don't make a profit where I live.