Timeline for Why do American universities cost so much?
Current License: CC BY-SA 4.0
8 events
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| Dec 16, 2022 at 9:35 | comment | added | Brōtsyorfuzthrāx | @code11 Regarding your answer, yeah, I think the reason is mostly because of regulation that requires it to be expensive. The regulation isn't entirely in the education industry, however. Some extra rules are tagged on in order to get government funding. Some rules exist to prevent malpactice. Lots of stuff. If there were no regulation, there would be no minimum cost, in theory. | |
| Dec 9, 2022 at 0:11 | comment | added | bta | @IamCleaver You can only cut expenses so far, though. There's a certain critical level of money that you need to bring in each year to cover your minimum operating costs. If you're (for example) sitting on a lot of building-related debt and your enrollment drops below a certain point, you can't pay your bills anymore. It's hard to recruit students when your school might not last long enough for them to graduate. The downward spiral can be swift and hard to escape from. | |
| Dec 8, 2022 at 20:39 | comment | added | code11 | @IamCleaver I don't have good sources for this, but it might because of the shift to more technical majors. These require infrastructure: labs, computers, technicians and possibly more expensive staff than just that required for a liberal arts college. Just because the price is high doesn't mean the margins are good. (I suspect that last point isn't true nationwide, but it might be possible for small colleges) | |
| Dec 8, 2022 at 19:49 | comment | added | Bryan Krause♦ | @IamCleaver You might be better off asking these sorts of questions somewhere else; might be on-topic at Money.SE, but please don't use this site as a discussion forum and keep asking numerous additional questions under each answer to yours. | |
| Dec 8, 2022 at 19:31 | comment | added | Iam Cleaver | If that is the case then why are there many reports of universities (that are already accredited) going bankrupt? If the bar to entry is that high, and you are already on the other side of the fence, then surely cutting expenses would be a better option... | |
| Dec 8, 2022 at 19:14 | history | edited | code11 | CC BY-SA 4.0 |
Clarified a number of things and added some sources
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| S Dec 8, 2022 at 19:05 | review | First answers | |||
| Dec 8, 2022 at 19:14 | |||||
| S Dec 8, 2022 at 19:05 | history | answered | code11 | CC BY-SA 4.0 |