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Re: [Pen-l] Will Higher Education Be the Next Bubble to Burst?



Jeffrey Fisher wrote:
> actually, i have seen data on this recently and will try to track it down.
> what i saw was that in the time that costs were rising, faculty grew
> moderately while administration grew aggressively, largely in the area of
> student services. i can't recall if the numbers of students also grew
> substantially, but i want to say they did.

yes, they have been spending a lot on student services. That's why
there was a story on US National Public Radio recently about how some
colleges were starting to offer a "no frills" low-cost education which
just involved education (since students can't afford the costs). No
fancy dorms etc.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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