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[QUOTE="dan7800, post: 5488532, member: 4923"]
Other than the University of Phoenix's etc... and obvious scam schools, keep in mind that no colleges make much money. The most a non-profit school can "make" is 3% a year. Sure, there are a some admins making $1M annually, but that's a drop in the bucket when the school has a 1-2 billion budget. A few things:
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[*]The listed price is merely the sticker price, just like on a car most people don't pay it.
[*]IMHO the biggest driver of cost is that schools have been a race to offer nicer amenities than others. Better food, nicer dorms, more support services etc... These things all cost money. At my school, I've noticed the cost of food skyrocket because every dining hall needs a "chef". I also saw the constant hiring of special "consultants" to appease faculty - I have no idea what these folks actually did.
[*]Research and the drive towards R1 is killing a lot of schools. The vast majority of research faculty don't carry their weight. They cost money. My guess is that 95% of research faculty don't end up making back their salaries over the course of their careers.
[*]A lot of schools are really bloated. When I came from industry, I stated that if it were being run as a company 30-50% of the folks would be immediately gone due to their lack of provided value.
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Just my rant.
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