Re:On average, skipping college and investing tuition costs ...
by ska on Monday June 05, 2017 @10:21AM
(#14487772)
What is baffling about it? This has turned into a very effective method of wealth transfer. I think some combination of the rise in administrative overheads and the involvement of private finance with government protection explain almost all of it.
Asking young humans with incomplete information to make a decision with long term financial impacts is a good gig, especially when "all their friends" are doing it.
Re:On average, skipping college and investing tuition costs ...
by maxerickson on Monday June 05, 2017 @11:33AM
(#14488310)
The price doesn't necessarily represent the cost.
The rise in college tuition is the most baffling, as this industry refuses the amortize costs. The buildings have been built, the books have been written, the intro courses have been handed down to graduate students, the handouts are sometimes the same handouts that were used a decade ago.
Yet the costs keep on rising.