June 13, 2008
To Cut Costs, Ought Colleges Look to For-Profit Models?
It's not just the climbing walls and the salaries for star professors driving up the cost of college. In some cases, costs go up because the culture and management of traditional institutions are simply not structured to promote efficiency and savings.
At for-profit colleges, it's a different story.
There, the "incentives to save money are centralized," notes Guilbert C. Hentschke, a professor of education at the University of Southern California and co-author of a book about
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