2min chapter

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Trump’s War on Universities, with Nicholas Dirks

Capitalisn't

CHAPTER

The Pricing Dilemma in Higher Education

This chapter delves into the pricing strategies of liberal arts colleges, examining the reasons behind their reluctance to compete on cost. It highlights the multifaceted nature of education as a product, including peer influence and social sorting, and raises concerns about how price reductions could affect the perceived value of a college education.

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