Monday, September 15, 2008

Evaluating costs

This article in Inside Higher Ed talks about "Cost and the College Trustee" where many colleges inadequetely assess whether increasing costs are efficiently spent. Holy Cross has benefited from an exceptional endowment of $660 million built within the past few years, but yet the tuition costs of the college continue to escalate. The most recent tuition rates are, including room and board, $47,602, well out of the ability of most middle-class Catholic families.

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