The Surprising Reason Why Colleges Raise Tuition
April 12, 2012
"Some would argue that faculty salaries (Baumol's cost disease) or institutional aid (college-funded scholarships and discounts) are important, but forthcoming examinations show that they are negligible and minor respectively. One factor that Fethke dismisses is the idea that increases in financial aid lead to higher tuition, known as the Bennett Hypothesis."
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