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College and University Discussion
Reply to "When will the cost of college flatten out?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It probably won’t. There are no cost controls in higher ed, and that shows in their relentless administrative and facilities spending. All of this is made possible by the federal government backstopping student loans with no oversight on outcomes, etc.[/quote] Undergrads are now capped at $27K for the entire four years. This may have an impact on rising costs at most schools that don't have large endowments to meet 100%/ make up the gap.[/quote] Why? If it costs $x to educate a kid, the school can charge $1.5(x) and afford to discount it if they choose. There are plenty of schools with inflated tuition numbers who expect to discount. There are other schools with huge tuition numbers for OOS students who have more than enough rich applicants willing to pay[/quote]
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