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by xvedejas 2869 days ago
I can't speak for all colleges, but most of the top colleges in the US do not need to charge tuition at all to make ends meet, regardless of the rising administrative costs. They mostly charge tuition because 1. most other sources of money are earmarked for other purposes, and 2. it's good for rankings and admission purposes to charge very high tuition and also offer large financial aid packages to some subset of entering students.
1 comments

He's probably referring to the other 90% of colleges.