It would be worth defining the terms that are used. What’s ‘tuition revenue’?
OECD data suggests that the United States spends $26,000 per student per year on tertiary education. If the cost difference between tuition revenue of $15,000 and costs of $26,000 is $11,000, where is that money coming from?
When looking at cost disease I think it makes sense to focus on the costs per student.
It would be worth defining the terms that are used. What’s ‘tuition revenue’?
OECD data suggests that the United States spends $26,000 per student per year on tertiary education. If the cost difference between tuition revenue of $15,000 and costs of $26,000 is $11,000, where is that money coming from?
When looking at cost disease I think it makes sense to focus on the costs per student.