Re:Stanford cancels plans to bring half of undergrads back t...
by kelnos on Friday August 14, 2020 @05:12PM
(#24163337)
It's the pretty standard response when you're a service provider and you know your customer isn't directly footing the bill: you either just flat out raise prices, or you add on expensive amenities to make you look more competitive/attractive.
I guess you could say the same for a publicly-funded system, but at least there the funding is limited and controlled. A lot of people sadly won't blink twice at taking out a larger college loan, even if it'll saddle them with crippling debt later on.
Small state schools are closer to that, but any of the bigger schools seem to think that because students get easy access to excessive amounts of cheap loans, they can be extravagant in budgeting- sports facilities, gyms, administration, etc.