Productivity Constraint News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It s that tuition is going up more than income. so it s a relative question. the reason has a lot to do with some of the basic constraints on colleges especially the ones that are most demanding. that is you can t necessarily just like a factory improve your output by making more widgets per hour. there will only be more seats in a classroom you can fill. so part of it is just kind of a productivity constraint on colleges versus say, factories. but part of it seems to be just tuition inflation. there are more and more people in part based on the facts i was talking about earlier, the earnings premium for going to colleges is increasingly desirable. we ve got more people and we don t have that many more quality seats in college so it s demand productivity con straunts and probably just basic inflation in there, too. there. there s more than a trillion dollars in outstanding student loan debt in this country right ....

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