September 7, 2009
Colleges May Have to Consider Scaling Back Their Ambitions
When considering cost in higher education, institutional ambitions matter. Colleges and universities, at least those that are even somewhat selective, are fixated on enhancing their prestige, believing it helps them attract resources. Accordingly, their willingness to spend money in the hopes of making money has never been more pronounced.
Despite significant diversity in audiences served and resources available, higher-education institutions across types tend to arrive,
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