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re: I don’t get why it is more costly for colleges to educate students now vs the 70s/80s
Posted on 4/30/22 at 5:04 pm to HailHailtoMichigan!
Posted on 4/30/22 at 5:04 pm to HailHailtoMichigan!
The answer is the same as it is for healthcare. All the “free” money is too tempting to not take advantage of either through insurance or gov backed loans.
The more money colleges charge, the more they can get their students approved for in loans. So they pile on useless administrative positions and build fancy buildings then plead poverty and demand donations from alumni who just got done paying inflated tuition and still have loans. It’s absolutely ludicrous.
The more money colleges charge, the more they can get their students approved for in loans. So they pile on useless administrative positions and build fancy buildings then plead poverty and demand donations from alumni who just got done paying inflated tuition and still have loans. It’s absolutely ludicrous.
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