3min chapter

The Deep End by ODF cover image

Higher Education with Erik Torenberg, co-founder of On Deck and Village Global

The Deep End by ODF

CHAPTER

Are You a Customer in the Higher Education System?

The student isn't the customer, which is why priceso sky rocketed in conjunction with government subsidies. Colleges capture 65 cents of every dollar that governments subsidize the loans for. And only 20 ia sense of that dollar goes to goes to the actual teaching. We almost think a voucher system will be people wi milton freeman idealize for for kt 12. Then you'd start to make universities compete on price, among other incentives.

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