Keeping an eye on that upmarket trend in some college amenities. Meanwhile, the economy’s growing dismally at the moment between 1-2%, and enrollment numbers seem pretty flat:
‘How can student housing be going up-market at the exact moment when we are having a national freak-out over rising college costs and the staggering amounts of student debt?’
Wasn’t there that grad student living in his van a while back?
At least there’s this:
‘Administration officials once managed everything on campus, from the English faculty to the janitors, until they realized they could save money by outsourcing the non-academic stuff. It’s much easier to lease a piece of campus land to a developer than to undertake an arduous fund-raising campaign to pay for a new dorm. It’s also 20 percent cheaper: Private companies are able to shave $16,000 off the per-bed cost in their student residences’
Perhaps fewer administrators in the first-place might be part of the answer, administering fewer students who borrow heavily and incentivize rising tuition-costs with debt, as the government keeps pumping more money in?
A softer landing would be nice for that part of the problem.
From The American Conservative Blog: The false promise of MOOC’s (Massive Open Online Courses). Reihan Salam At Reuters: ‘Online Education Can Be Good Or Cheap, But Not Both’
Megan McArdle At Bloomberg: ‘Why Education And Healthcare Cost So Much’
Analagous to old media? What to change and what to keep: From The Arnoldian Project: ‘Architecture, Campus, And Learning To Become’
Should you get a college degree, probably, but you also probably shouldn’t lose sight of why you’re going and divorce yourself entirely from the cost: Gene Expression On Charles Murray: Does College Really Pay Off?…Charles Murray In The New Criterion: The Age Of Educational Romanticism…