More College Cost Inflation

By Matthew Yglesias:

I used to think that cost inflation in higher education was driven by a lack of productivity improvements. Therefore, I thought, when people invented productivity-enhancing technologies that made undergraduate education cheaper, we’d be on the road to curbing cost inflation. Then I read this eye-opening article by Kevin Carey in The Washington Monthly. Kevin points out that we actually have seen a bunch of things like Aplia that are making aspects of undergrad education more efficient. They’re just not making it any cheaper for students and their parents

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One response to “More College Cost Inflation

  1. The reason higher education costs so much is that government is the largest purchaser of higher education thereby inflating the cost. If the marketplace were allowed to work, then prices would go down. This also applies to healthcare.

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