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To: rbg81
Its not so much the traditional four year universities. Its the for profit schools like University of Phoenix, Kaplan, and Strayer that are driving a lot of the debt.

Many state universities have been raising tuition like crazy because of state budget cuts.

22 posted on 04/03/2012 5:12:36 AM PDT by EVO X
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To: EVO X

Believe me, it is not the for-profit institutions that are driving the debt. All the colleges have been raising tuitions because the money is there, and there are no tangible restraints. The money from raising tuitions at the college where I taught did not go to faculty salaries: I can testify to that. It seems to have gone to ever-expanding administration, including huge salaries for officials and their staff and offices.

At the time, as I watched this, all I could thought was: I think I know where the next bubble is going to be.


26 posted on 04/03/2012 5:26:21 AM PDT by docbnj
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To: EVO X

Trust me, they’re still a bargain compared to the for-profit schools.


27 posted on 04/03/2012 6:33:59 AM PDT by rbg81
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To: EVO X
Many state universities have been raising tuition like crazy because of state budget cuts.

Bingo! You'd be amazed at how many unfunded mandates are imposed on state universities by the state legislature.

28 posted on 04/03/2012 7:50:52 AM PDT by CommerceComet (If Mitt can leave the GOP to protest Reagan, why can't I do the same in protest of Romney?)
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