Obviously our best people come out of the Michigan post high school education system to make people in Michigan willing to pay so much for it.
Of course this is a false dichotomy, but I would rather have a school that costs a lot while producing quality graduates than a school that is cheap but rarely produces a graduate. One of the schools where I am currently teaching only has 8% of their students achieve a degree within four years.
But we also only cost about $3k per year per student.
Two words:
1) Affirmative.
2) Action.
Gee, just flying unsuccessful head football coaches and their families in and out was pretty expensive.
C’mon now, its expensive to have highly unproductive and inefficient academics sitting on their asses all day. Additionally, after years of that strenuous labor, they simply MUST retire with full pensions and top-notch medical benefits in their mid fifties.
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These ‘institutions of so-called higher learning’ milk the federal govt. Indirectly from student loans. Then many of these ‘loans’ don’t get repaid through defaults. They get to raise the cost of tuition egregiously and exponentially. Greedy educators.....