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Trajectory #17: The End of University Inc
In some respects, this is the holy grail of institutes of higher learning: earning more without actually accepting more (and losing their rarified luster). Over the past forty years, most universities seem to have solved this problem by radically increasing pricing — a move that both relies on and fortifies brand power.
Mario Gabriele • Harvard, a Media Company | The Generalist
There is another major financial problem that has become part of the economic cycle’s crisis, even though many don’t yet realize it. Attending Harvard University—including tuition, room, and board—can cost about $70,000 per year, and closer to $80,000 when factoring in textbooks, health coverage, and other essentials.
George Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
