eldergamer
CAGiversary!
I was just thinking the other day how College Tuition seems to be one of the few commodities where the price increases year after year and never goes back down.
There's a constant demand for it and people will pay whatever price is offered.
But there's no reason for the price jumps. Books are more expensive? Computer labs cost more? Nope. The only price increase is payroll. Salaries for teachers, staff and others increase each year no matter what the shape of the economy might be.
I graduated from college 10 years ago and there's probably nothing different or value added in any of the basic 101 classes I took 10 years ago that would require them to cost 15-20% (just a random guess) more than they did then.
Why does this happen? The only increases that seem to make the news are state/public unversities though.
There's a constant demand for it and people will pay whatever price is offered.
But there's no reason for the price jumps. Books are more expensive? Computer labs cost more? Nope. The only price increase is payroll. Salaries for teachers, staff and others increase each year no matter what the shape of the economy might be.
I graduated from college 10 years ago and there's probably nothing different or value added in any of the basic 101 classes I took 10 years ago that would require them to cost 15-20% (just a random guess) more than they did then.
Why does this happen? The only increases that seem to make the news are state/public unversities though.