A lot of tweets about business models in education sector today; perhaps a good time to link to this entertaining post about economics of undergrad tuition in the US.https://twitter.com/conradbastable/status/1079490520227950592?s=21 …
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Really loved that article but there is a discontinuity in funding sources below the elite universities; most universities (by count and by student population) are primarily dependent on tuition dollars and have minimal contribution from their endowments.
For sure this is 100% true! And also why I tried to bucket the essay under "Cost Disease". "Extra extra extra bonus" at the end touches on this exact discontinuity: those other universities still have to compete. Results in upward pressure on tuition from the bottom as well...
