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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]It might flatten out a little because no one wants to be the first school to charge $100K/year, but once they hit that number it will keep climbing. [b]Even if demand goes down, costs won't.[/b] Because where would schools cut -- faculty? Majors/programs? Facilities? Financial aid? Technology? Mental health services? These are all things that students and families demand, and there's not much incentive to cut these areas.[/quote] Princeton's endowment generates more than enough to fund the entire university tuition free in perpetuity. We're far past the point where the schools with the highest tuition need to money to support the school. I do love that you listed mental health though. I wonder if the kid maxing out loans and knowing that their parents mortgaged the house appreciates having someone to talk to about the stress [/quote]
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