You forgot one factor that’s also highly important: sports. College sports ALONE makes a lot of universities an eye popping amount of cash, and also costs them a boatload too. Couple that with donations and profits from those sports being earmarked ONLY for those sports (can’t use your basketball money to do anything but improve your basketball facilities and pay the staff), and you’re putting a stranglehold on a lot of ways to reduce cost.
I didn’t want to include sports because I live in Canada and sports are so minor they’re basically a non-factor here, yet tuition costs are still insanely high (for international students, which reflects the true cost of education).
You forgot one factor that’s also highly important: sports. College sports ALONE makes a lot of universities an eye popping amount of cash, and also costs them a boatload too. Couple that with donations and profits from those sports being earmarked ONLY for those sports (can’t use your basketball money to do anything but improve your basketball facilities and pay the staff), and you’re putting a stranglehold on a lot of ways to reduce cost.
I didn’t want to include sports because I live in Canada and sports are so minor they’re basically a non-factor here, yet tuition costs are still insanely high (for international students, which reflects the true cost of education).