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Re:Colleges at the breaking point, forcing ‘hard choices’ ab... by clairity on Thursday April 30, 2020 @12:03PM (#23032356)
that's a tried-and-true sales trick--inflate the price and then offer a discount. calibrate your discount to extract maximum economic value from each customer individually.

it's best if schools have to compete on price vs. value, and for students to leave school with a little debt to know the value of what they bought. it's when both price and debt are unconstrained that you need such tricks in the first place.

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