Comment by crossbody
Comment by crossbody 4 days ago
It does. In large part due to Baumol's cost disease - higher overall incomes in productive sector like tech drive up costs for sector with low productivity growth - so professors and admin staff in US make 2x salaries compared to Europe (cost of living adjusted). Also, have you seen EU student amenities and dorm sizes?
Is it necessary for there to be student amenities paid for by the school? Why should tuition pay for a bunch of ancillary nice-to-haves instead of, ya know, the education?