Are elite universities unsustainable or unstoppable?
polytrope.substack.com
Summary I thought that elite universities like Harvard made their money from high tuitions. I was wrong! Harvard and other top schools actually lose money on students – they spend $150,000 per student a year on core academics alone. The business model of elite universities actually binds them to wealthy students more than simply being expensive would. I’m not sure whether this pattern is a
Are elite universities unsustainable or unstoppable?
Are elite universities unsustainable or…
Are elite universities unsustainable or unstoppable?
Summary I thought that elite universities like Harvard made their money from high tuitions. I was wrong! Harvard and other top schools actually lose money on students – they spend $150,000 per student a year on core academics alone. The business model of elite universities actually binds them to wealthy students more than simply being expensive would. I’m not sure whether this pattern is a