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After the 2008 economic crash, a lot of US colleges and universities experienced a drastic realignment of their entire core mission and method to focus on caree
by Agamus 4y ago
After the 2008 economic crash, a lot of US colleges and universities experienced a drastic realignment of their entire core mission and method to focus on career outcomes and ROI. Even without this, graduate programs are one of the biggest money makers in an institution's budget.
If I have it right, undergraduate tuitions generally cover operational costs, while graduate programs and donations are where institutions makes their non-profitty millions.