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Reply to "I love that Rice is adding 300 new first year student seats next year. Why don't more colleges add seats?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, do you want Rice to become Northeastern? Expanding and having satellite campuses everywhere? Is that what you want? Scarcity is the key.[/quote] Scarcity is key if college is all about signaling. If college is actually about education, scarcity would be irrelevant. You would admit everyone who can meet the course requirements and afford it, and expand the facilities to match.[/quote] But in some cases, small size is an inherent part of the education.[/quote]
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