Colleges Hard-Pressed to Explain Variations in Price

To the casual observer, the University of Connecticut at Storrs and the University of North Carolina at Chapel Hill look a lot alike.

Both are public flagship institutions, research universities that enroll about the same number of undergraduates (around 18,000), and both have popular and successful basketball teams for men and women.

Notably, they get roughly the same amount of money from their respective state legislatures, according to the most recent federal