Kaplan is dead; it just hasn't been called yet.
In most countries, university education is tax supported. When you talk about that kind of tuition in the US, you are talking about a private university, which means that the university is not tax supported. I don't think there are any tax-supported institutions that cost that much here. State schools (which are tax supported) cost considerably less than private schools. Most student pay nowhere near $50K a year and, with very few exceptions, the only people who have six figure debt are graduate and professional school students, not your typical undergraduate.
So that is one issue--students are paying a much higher tuition rate because they are paying all of the actual cost of their schooling.
And some have great retirement packages as well, which also must be paid.
I think some teaching universities would disagree with that assessment
This is definitely an issue.
Administrative costs are also on the rise in a lot of institutions. There is muchabout this in academia, but at least some of that added adminstration cost is coming from demands for accountability and bean counting. Ten years ago, I had only the vaguest idea of what my school's statistics were; now, there are at least three offices devoted to various assessments that have to be done (I teach at a state school, which is affected by this more than a private school would be). The generation of statistics about pretty much everything except the number of dust particles in the ventilation system is a booming business. The state demands that we answer for the money we spend, then complains that we are spending money to provide that justification.
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about this in academia, but at least some of that added adminstration cost is coming from demands for accountability and bean counting. Ten years ago, I had only the vaguest idea of what my school's statistics were; now, there are at least three offices devoted to various assessments that have to be done (I teach at a state school, which is affected by this more than a private school would be). The generation of statistics about pretty much everything except the number of dust particles in the ventilation system is a booming business. The state demands that we answer for the money we spend, then complains that we are spending money to provide that justification.
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, but know that the percentage is very high.
I don't know. Some of the teachers at my school who are taking online classes still do a lot of partying.....