Limiting to only those who can pay won't work for universities. They need to fill the seats -- because of the cost structure heavy with overhead costs. So they raise tuition to extract the maximum from those who can pay it, then discount some seats (calling it student aid) to raise at least some revenue from those who can pay something.

They -- as did the airlines -- have now pushed it too far, and have encountered resistance from even the wealthier students. (The airlines kept raising business fares and discounting leisure tickets. But the business flyers moved over to Southwest and video conferencing. The golden goose went down like the flight doomed by cost cutting recently near Buffalo.)

Gene Coyle

On Jun 4, 2009, at 6:29 PM, Bill Lear wrote:

On Thursday, June 4, 2009 at 11:42:06 (-0700) raghu writes:
A little while back, I posed a question on PEN-L about the reasons for
the recent inflation in costs of higher education. Many people
knowledgeable in the ways of the academy pointed to administrative
costs and the trend towards "corporatization" as one of the main
contributors. ...

What about simply wishing to limit access only to those with the
ability to pay --- good old-fashioned class warfare from above?


Bill
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