From the daily archives:

Tuesday, March 27, 2012

Gee, I Wonder Why College Costs So Much

March 27, 2012

Publilius Syrus once said that “everything is worth what its purchaser will pay it.”  He had a point.  A merchant can only sell a product at a price enough people are willing to pay.  If Starbucks charged $35 for a cup of coffee, people wouldn’t buy it and the chain would go out of business.  [...]

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