Why Is College So Pricey? Theories Compete!
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Depending on the type of institution, inflation‐adjusted college prices have as much as tripled over the past 30 years. This cost increase has launched vociferous arguments about its underlying causes. Perhaps no theories loom larger than that cuts in direct state funding have forced schools to raise revenue from their students or that federal student aid has enabled colleges to inflate their prices no matter what is happening with their other funding streams. Join a panel of experts as they debate which theory is right, which is wrong, whether even more important factors are at work, and what to do about it all.