"In the face of continuing state budget cuts, academic leaders at the University of Washington in February made a painful decision to cut the number of Washington students the school will admit this fall and increase the number of out-of-state and international students, who pay nearly three times as much in tuition and fees."Hey, UW has to support the nearly $700k salary of its president somehow.
As I've written before, I believe higher education is the next bubble to pop. Accelerating inflation of tuition, increasing debt burdens on students, coupled with little prospect of well-paying jobs at graduation. It's not sustainable.
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