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wasoxygen · 3535 days ago · link · · parent · post: Colleges are raising costs because they can. Neither declining state support nor overpaid administrators can explain tuition hikes
If the explanation for rising tuition is "greed," then my honest question is why tuition does not rise faster than it does. Why are the profiteers declining additional profit, especially when many schools have more applicants than capacity? I have no idea how significant this is, but I was surprised to learn that most nursing schools in the U.S. are required to have one instructor for every ten or twelve students. That is probably good for instruction quality, but it firmly limits how much a school can pay an instructor, with the result that many qualified instructors can earn more outside the university, leading to a critical shortage of space in nursing school.