This generation of high-achieving students are more afraid of loans than they are of public universities. As they should be.
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Doesn't this ultimately hurts the consumer (in this case students), since it disincentivizes actually competition? Instead of gradually lowering prices until they reach market equilibrium they just match the price of their competitor while still overcharging.
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Good. If the price of good education can be brought down on the same way those of most consumer goods were, it'll be great.
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Hmmm...only question I didn't think to ask--if La Salle would match cost of local community coll. Lol. La Salle actually lowered tuition a short while back, which is great. Trying to raise funds to offset remaining balance after a substantial aid packet.https://www.gofundme.com/YinkaHollinger2College-donate&rcid=r01-153590688128-fe309be380894370&pc=ot_co_campmgmt_w …
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Next comes the but one get one free, but a degree get 50% off masters
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Also illustrates the ridiculous profit margin being realized by these schools
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If only today's education was half as educated as a couple decades ago. Save your money kids. Today's universities are a waste of time & resources. Go to tech school, learn an honest trade that is needed everywhere, make a ton of money, have a good life. Social Warriors = poverty
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Consider learning a trade. Avoid the student loan death spiral unless you have a strong technical acumen. You’ll be driving a new car and having a nice vacation sooner than you think .
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A tactic that as anyone who has taken a graduate level marketing strategy class will tell you has the effect of dampening overall price competition, although it’s nice to see these colleges finally have to worry about such things.
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