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Private school charging 40k per annum is not turning profit?
Out of state public school tuition also doesnt make money?
Where is the money going?
Most private universities provide significant aid to students; they actively engage in price discrimination.
Out of state tuition earns more than in-state, but there are additional fees that foreign students pay.
As for the money, it goes into a lot of the facilities and university operations. Universities are big clout chasers, so they will try to spend money to increase prestige.
So with decreasing enrollment they will have to fire admin parasites... The horror 🤣