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Fees paid by students to academic institutes they attend to cover educational expenses.
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What is the socio-economic argument or historical basis for university tuition fees?
For them, there are at least four valid reasons for having tuition fees:
That's income that they can use for whatever needs, so tuition is better than no tuition in that sense; even if they have other … [edit]
There's no market pressure to reduce tuition
In a reasonable market there are downward pressures on price and demand - customer ability to pay and customer price sensitivity. …