As everyone knows, people have been paying more for college of late. Where is that money going? Overpaid professors, lounging around in their tenured jobs? Nope.
As Hank Green details below, the answer is more that colleges are behaving more like businesses, charging high prices to pay for luxurious campuses and a whole lot of service staff. "Building and running a 30,000-person institution that has facilities that outpace a quite nice country club is expensive," he concludes. Check it out. Ryan Cooper
The Week
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