Re:The Rise of Universities’ Diversity Bureaucrats (2018)
by thaumasiotes on Sunday February 05, 2023 @10:51PM
(#34673117)
> It is entirely possible that these two things are not related at all
Well, no, it actually isn't possible that revenue and expenditures aren't related at all.
> and it is also possible that admins realized they could raise prices when they were forced to by increased budgets and were pleasantly surprised with the result
Sure, but that would be a coincidence with no explanatory power, and prices would have risen by the same amount anyway. You should always assume that prices are in equilibrium unless you can explain why, in the immediate term, they are out of it.
It is entirely possible that these two things are not related at all, and it is also possible that admins realized they could raise prices when they were forced to by increased budgets and were pleasantly surprised with the result so no, that isn't the conclusion to draw.