It does. In large part due to Baumol's cost disease - higher overall incomes in productive sector like tech drive up costs for sector with low productivity growth - so professors and admin staff in US make 2x salaries compared to Europe (cost of living adjusted). Also, have you seen EU student amenities and dorm sizes?
piperswe|3 months ago
chongli|3 months ago
Put yourself into the student’s shoes. If you had the choice between two schools of otherwise roughly equal academic reputation but one offered luxurious residences while the other housed students like medieval monks, which would you choose?
crossbody|3 months ago
yardie|3 months ago
DiscourseFan|3 months ago
mbesto|3 months ago
crossbody|3 months ago
btilly|3 months ago
The cost of the person in front of the blackboard has not been increasing.
thaumasiotes|3 months ago