tag:blogger.com,1999:blog-10820485.post1270197180382725862..comments2023-11-03T09:36:22.100-04:00Comments on In From the Cold: The Higher Cost of Higher EdGeorge Smileyhttp://www.blogger.com/profile/07049707648660651119noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10820485.post-76814796155148201442010-11-16T09:12:43.144-05:002010-11-16T09:12:43.144-05:00Two simple truths to learn here:
1.) A product wi...Two simple truths to learn here:<br /><br />1.) A product will cost a consumer the value of the materials/labor to produce it plus a reasonable profit (which the consumer accepts).<br /><br />2.) Artificial payment through government stipend or redistribution policy will raise prices exponentially. The customer must be impacted by pricing and make a market-driven decision. <br /><br />Doesn't matter whether it is higher ed, healthcare, mortgages, or Chevy Volts.Ed Rasimushttps://www.blogger.com/profile/13667325554289268659noreply@blogger.com