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by screamingninja 971 days ago
I do not believe that the comment above is about the effectiveness, but merely stating facts here. University "sticker prices" are often inflated to maintain prestige and very often supplemented with grants and financial aid based on income. Opaque pricing is never a good thing, but there are two sides this story.
2 comments

> University "sticker prices" are often inflated to maintain prestige

Another function they have is to exclude the poor and naive. Richer and more worldly students probably have higher completion rates.

Median is more important than average. A 2 or 3 variable analysis would probably be even better. I'd like to see how costs actually distribute for all students.

I think worth clarifying. The comment ends with

> If you want to criticize colleges on their cost, the data to use is expenditure data, which is much cleaner.

As if the opaque pricing of colleges isn't just as baffling as the healthcare system's resulting cost situation.