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December 21, 2015


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Douglas Levene

Of course, this is exactly what the supply-demand curve predicts will happen when you goose demand and supply is held constant. The additional revenues can't be distributed to shareholders as profits, since the universities are not-for-profit, so instead they are distributed to other "stakeholders" via more and higher paid administrators, lower teaching loads for tenured faculty and lavish physical facilities for students.

Kim Krawiec

But that is exactly what is interesting about the findings, I think -- that supply is constant. Given that the rationale for much financial aid is increased access . . .

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