2. Individual Pricing of College Tuition Leads to Higher Charges

Charging U

01/31/24 • 35 min

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In this episode, we discuss:

Individual pricing, the most important factor contributing to the rise of tuition sticker price at private colleges and universities.
The effect of economic surplus, market segmentation, and enrollment management in setting a price to extract the maximum amount of current and future wealth from a student and family.
How the relative increase in wealth of the top 5-10% both here and abroad and the desire for prestige has led to an increased demand for the static number of seats at selective colleges allowing them to increase the tuition they charge.

Theme music credit: Sunshine by lemonmusicstudio via Pixabay.

01/31/24 • 35 min

Charging U - 2. Individual Pricing of College Tuition Leads to Higher Charges

Transcript

Episode 2

Individual Pricing of Private Colleges Leads to Higher Charges

How is it that private colleges can charge so much for tuition and why do they charge different prices to different people? We’ll answer these questions on today’s episode. I’m Larry Bernstein and welcome to Charging U.

In this episode, we look at individual pricing. This is a very important topic because it is probably the biggest contributor to the rising tuitio

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