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by mwerd
1072 days ago
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There are resources such as https://collegecost.ed.gov/net-price to help with the information. College prices are about as real as hospital prices. Sure, some outliers literally pay that much, but the vast majority receive a discounted price for various reasons. When you factor in those discounts, the cost inflation is 2.5x instead of 17x as the article suggests. It's more than a forgettable idiosyncrasy. It's "how it works" and if the author of the article doesn't mention it, they're either so ignorant as to not be worth reading or they're being dishonest. I thought it was important to give that context. American higher Ed is often about prestige and branding. The pricing strategy is similar to luxury goods. |
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