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I get what you're saying. But, in a market-based system, where universities are highly profitable, we would expect that there would be an enormous influx of ca
by ap22213 13y ago
I get what you're saying. But, in a market-based system, where universities are highly profitable, we would expect that there would be an enormous influx of capital in to create more universities. But, we don't see that. There are very few new entrants into the university education space.
- deleted 13y ago[deleted]
- nirnira 13y agoBecause it's easier to compete with pre-existing universities. Better to spend $100 million on new facilities at an old university than $1 billion building one from scratch.