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How does that square with the cost of education significantly outpacing inflation?
by kaonwarb 1y ago
How does that square with the cost of education significantly outpacing inflation?
- aaviator42 1y agoThe money doesn't go to the researchers.
- grandinj 1y agoUnfunded pension and health care
- chowells 1y agoFunding cuts. Like from the state and federal levels. This resulted in costs to students increasing while also forcing researchers to generate income. This is the natural result of treating college like a business. They raise costs on every side.
- Y_Y 1y agoHighly specialised education doesn't scale well. Computers and factories keep getting more efficient, but a professor can only handle so many students still. https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect