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It is not self-evident to me that it's necessarily in students' interest for universities to get more money. As a purchaser of anything else -- gas, entertainm
by gojomo 14y ago
It is not self-evident to me that it's necessarily in students' interest for universities to get more money.
As a purchaser of anything else -- gas, entertainment, books, electronics, whatever -- is it always in my long-term interest for the seller to "get more money"? (Even when that money doesn't come directly to me -- for example, government subsidies -- their bonanza doesn't necessarily inure to me, the customer, as opposed to insiders.)
- veridies 14y agoAlways? No. But when news agencies get more money, they have more careful copy-editing and better investigative journalism. When hardware companies get more money, they can afford better R&D, resulting in nicer products down the road. The things that get cut tend to be what avoids short-term losses, which isn't always good for the consumer.