Question
Please read: https://www.insidehighered.com/views/2020/05/19/why-colleges-shouldnt-cut-tuition-online-instruction-during-recent-months-opinion This is an opinion article by Dr. Robert Massa In Higher Education regarding tuition costs at colleges during this pandemic.
Please read: https://www.insidehighered.com/views/2020/05/19/why-colleges-shouldnt-cut-tuition-online-instruction-during-recent-months-opinion
This is an opinion article by Dr. Robert Massa "In Higher Education" regarding tuition costs at colleges during this pandemic. The author argues that colleges should not lower their tuition due to Covid-19 (and the increase in online classes) but increase their financial aid. What do you think of Dr. Massa's five arguments? Do you agree or disagree? This opinion piece assumes that the offering of online classes will be temporary, however, many colleges are still offering online classes. Please apply what you now know about fixed costs vs. variable costs as well as short-run costs vs. long-run costs.
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