this post was submitted on 16 Jan 2025
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Canada
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My tuition (with all the fees) per semester in the mid-late 2000s was $1500.
There were zero foreign students
How does it happen that a college can survive on that rate then, but can't now on the ~3k tuition?
The tuition you paid was not the full cost of your degree. You paid probably about 1/3 of the true cost while the province paid the other 2/3. The province in recent years put a freeze tuition, and also capped what it provides to school; meanwhile inflation continues.
I mean, universities have hardly any incentive to improve efficiency. There were so many staff members in my university's administration it was ridiculous. Not professors and teachers, just people that "ran" the university. Just paper pushers for the most part.