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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are colleges in super high cost of living areas like NYU the same price as colleges in the middle of nowhere New England? Those dorm prices cannot be the same [/quote] At the top SLACs, you’re paying for the best professors in the country and the alumni network. It’s not about the cost of living in the town. [/quote] Nonsense. Professors at SLACs are not making more money than professors at Ivies and the other elite universities. And obviously, the operating costs of research universities in major urban areas are many times higher than a rural liberal arts school. The fees charged by schools like Bates, Haverford, Pepperdine, Colgate, Vassar and so on are completely unjustifiable. The fact that Bates in middle of nowhere Maine costs more than Columbia in Manhattan is absurd. [/quote] Vassar as an example spends $83K on core educational expenses per student (not including things like dorms, food service, etc.). There price is well in line with their expenses.[/quote]
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