The College Tuition Squeeze
Praise needs to go out to the Wall Street Journal for its highly informative article, “Why Top Colleges Squeeze You Dry,” in its April 9th edition. The author, Andrew Manshel, was a top-ranking college official in charge of finance and administration “at a prominent college in the early 2000s.” Manshel notes that “[t]op private institutions charge what they do because a substantial number of people will pay it.” Prestige schools have convinced parents that they hold the key to success for their children.
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