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College and University Discussion
Reply to "Will our children's children even go away to college. "
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[quote=Anonymous]I worked with someone who used to be in the finance department of a SLAC. What they would do each year is estimate the cost increases for the next 12 months, divide it out by the number of students, and raise rates by that much. According to my former coworker, there was zero attempt at any cost cutting like you have in a typical business; they passed everything on to the students. With that type of attitude, I guess it shouldn't be a surprise that tuition, fees, room, books, etc are getting up to 60k a year. [/quote]
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