The college I went to now costs $78,000/yr.
Just checked, for 2020-2021:
13 professors of Theatre
13 professors of Sociology
5 professors of Art History
5 professors of French Studies
3 professors of Biblical Languages
...
2 professors of Computer Science
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Compounding this is a huge influx of international applicants willing to pay full-tuition (plus bribes) to get in. It’s a vicious feedback loop.
The government subsidy is the problem, imo. Foreigners overpay but it’s the subsidy that is fucking up the system by creating too much price insensitive demand.
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That too, but we’re past the peak in re: baby boomer offspring applicants, so you would think the loan pumping would be somewhat negated by the fall in (domestic) demand. I wonder if the huge tuition ramp is also seen at secondary non-flagship state schools?
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