Some Colleges Will Soon Charge $100k a Year. How Did This Happen?

Re:Some Colleges Will Soon Charge $100k a Year. How Did This... by finolex1 on Friday April 05, 2024 @05:39PM (#39947569)

They might apply, but certainly won't attend if they are admitted to Stanford, Yale, etc. The higher the price differential, the more likely people would be willing to take a 'prestige' hit and go to the lower cost school.

Anyone applying from a family making 400k a year (top 2%) would still be sensitive to an 80k vs 240k/year sticker price change.

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Re:Some Colleges Will Soon Charge $100k a Year. How Did This... by TuringNYC on Friday April 05, 2024 @06:13PM (#39947900)

Operation Varsity Blues (https://en.wikipedia.org/wiki/Varsity_Blues_scandal) suggests there are plenty of individuals willing to pay plenty more. Some would even break the law and risk prison. If it were legal, probably many more would pay.

There are just the people who got caught!

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Re:Some Colleges Will Soon Charge $100k a Year. How Did This... by finolex1 on Saturday April 06, 2024 @08:47AM (#39952097)

Yeah, but the average quality of students would go down.

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Re:Some Colleges Will Soon Charge $100k a Year. How Did This... by lukas099 on Saturday April 06, 2024 @08:56AM (#39952142)

Plenty of people can still be fewer people

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Re:Some Colleges Will Soon Charge $100k a Year. How Did This... by pquki4 on Friday April 05, 2024 @06:37PM (#39948128)

Hypothetically -- what if Stanford and Yale etc also triple their tuition at the same time?

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Re:Some Colleges Will Soon Charge $100k a Year. How Did This... by lukas099 on Monday April 08, 2024 @02:53AM (#39966938)

Then some people would turn to schools 4-6.

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