Melissa Kearney: Private university business model relies on high-income families paying more

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Melissa Kearney: Private university business model relies on high-income families paying more — Private universities face business model test

Melissa Kearney considers at what point the business model of many private universities may break down. She observes that these institutions often depend on a small set of high-income families paying a significant amount to subsidize other students.

Kearney questions how many schools can continue to count on enough affluent families willing to pay high prices.

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