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Reply to "Question on High Tuition…"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Clearly the equilibrium would be achieved when the tuition is such that there are no people in a waiting list. That’s not the case now. But the equilibrium of supply and demand would need to deliver a much higher tuition. Now there are goods that typically are regulated like water electricity or gas. Nothing strange at all. [/quote] Yes - utilities that are essential for life are indeed regulated. Are you saying private school is essential for life and therefore should have its price regulated?[/quote] It’s more about if for your money you are obtaining what it’s advertised. In normal countries if what you purchase is different from advertised that’s penalized by the law. Not sure the free market can fully correct deceptive practices by schools.[/quote] lol ok. Have fun suing schools for deceptive practices because their budgets don’t align with your priorities yet you continue to enroll and pay them to educate your kids. [/quote] No it’s ok. We can let school hire HOS for 1 million dollars to promote inclusion. Just let parents know that the inclusiveness is for the people receiving 1 million dollars.[/quote]
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