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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Replying to @patrickc
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.
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(And a surprising number are cross-subsidized by their affiliated hospitals.)
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(Maybe less surprising if one thinks of the economics of a services business which can employ a FTE at $60k and bill them out at $600 an hour.)
6:42 PM - 8 Jan 2019
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