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But the same time, that rush of student grant funding is split itself over more students - my impression is that enrollments in 2010-2011 were higher than '06-'08. So to get that grant money you have to stretch it over more students, which further strains instructional?
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Also, setting the system up as a per-student-grant while universities are saddled with big fixed costs in admin and amenities is a disaster in waiting, because the next generational cohort is smaller, right?
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That's an honest question, I should note. I'm not an economist or a business analyst, I'm a Roman historian. I do economic history, but it mostly involves farming! So I'm open to the idea that there are nuances here I'm missing.
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Sure, but what I mean is you're pointing to grant money replacing state money at an absolute funding level. But if enrollments had to be larger for that to happen, then that static pool of inflation adjusted money has to support more costs (read: students)?
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