Saturday, September 25

Why is higher education so expensive?

Another short and informative video from, a project of Institute for Humane Studies:

Although many believe subsidies will make college more affordable, government subsidies actually contribute to rising costs. “When you subsidize something, it’s cheaper for people to consume. So people consume more of it and demand rises,” Professor Lin says. A rise in demand will mean a rise in costs.

See Why Is Higher Education So Expensive? or watch below: