3 ms·
Last I checked, most colleges were private institutions, and the public ones (state schools and community colleges) tended, in general, to be a lot more frugal
by rst 12y ago
Last I checked, most colleges were private institutions, and the public ones (state schools and community colleges) tended, in general, to be a lot more frugal (and cheaper, and more cost-effective) than private ones.
- ehmish 12y agoMy guess as to why that might be is because there seems to be a trend of expenses of institutions expanding to their budgets, private institutions (especially the glamorous ones) have big budgets. Presumably the perverse incentives problem occurs to all moderately large institutions, but the budgets of less well funded institutions have less room to grow.