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It is interesting that you believe this is mainly caused by foreign students. It is a recurring theme in today’s society. If you look at the data here [1] you
by Swenrekcah 1y ago
It is interesting that you believe this is mainly caused by foreign students. It is a recurring theme in today’s society.
If you look at the data here [1] you can see there is a wide range of tuition costs for the top 100 universities in the USA, going as low as 6000 usd with the average in-state cost at 17,000 usd.
The most prestigious ones are more expensive. Why is that?
A very significant part is the network effect people are buying, they are hoping to either get to know well off or connected colleagues, finish a thesis under a prestigious professor or just simply to have a degree from the fancy university.
This is all in an attempt to get ahead. This effect is there regardless of any international students.
[1]: https://www.collegetuitioncompare.com/best-schools/us-top-100/ https://www.collegetuitioncompare.com/best-schools/us-top-10...