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Comment on this : For a few key reasons, US college tuition is more expensive than that of many other countriesDecreased government funding: State and
Comment on this : For a few key reasons, US college tuition is more expensive than that of many other countriesDecreased government funding: State and federal funding for public colleges and universities has declined significantly since the 1980s. This leads to higher tuition, which places a greater financial burden on students. In the last few decades, US colleges have seen a greater increase in administrative staff than in faculty and student enrollment. Operating costs increase as a result, and the increase is passed on to student tuition. Amenities arms race many US colleges have invested heavily in amenities like recreation centers, dining halls, and dorms to compete for students. This results in an increase in the admission fee. Loan availability, compared to some other countries, it is easier to obtain student loans in the US. This increases the purchasing power of students and allows university tuition to rise. The primary objectives of the many for-profit colleges in the US are to boost enrollment and give investors a return on their investment. This leads to higher tuition costs. Lack of price controls the majority of US colleges are privately run, and the government does not impose any caps on the highest
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