Eugene Coyle wrote: > 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.
economists call this "price discrimination," and say that it's more efficient. I have my doubts. Has anyone seen a critique? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
