Has the fee structure of USAmerican colleges been adjusted because of COVID and online classes? I guess it would suck donkey balls to pay the same tuition and not take advantage of the campus facilities.
Basing this on nothing, I guarantee it hasn’t lowered.
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harvard and yale have billion dollar endowments. they are not the bog standard american university
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as i work in one, no.
on their side of things, why? why would they when the masses are forced to enroll in their institution for perceived job access? there are no altruistic bones in these companies
the bubble will soon burst due to falling birthrates and the pandemic
I hope so, but I’ve also heard people saying that there could be an increase in births after quarantine. I don’t know if there’s any truth to that.
tbf this could be due to higher demand, not that that is a solid defense but it is an explanation
Not really. The number of people going to college did go up significantly between 1980 and 2010, but since 2010 the number of students has remained stable. So even if that were a valid reason for the inflation in the fist period, there’s no real reason why the price would increase by another 400-some percent post 2010. Apart from price gouging, I think.
oh well i stand corrected then
I haven’t studied any econ since high school, but if demand goes up, but supply does not go up, then wouldn’t that explain the increase in price w/o an increase in students? Like, if there’s 100 slots available, and 200 people worth of demand, wouldn’t they increase price until demand falls to 100, to match the supply? At least, that’s my understanding from HS.
Ah I did not think about it that way at the time, perhaps I should have. That does make sense.
