<p>these are nonprofit colleges, not for-profit enterprises.</p>
<p>But neither are they expense-minimizing enterprises.</p>
<p>Administrators strive to avoid losing money, while achieving only a small excess of revenue over expenses. Once tuition is set, costs are controlled — or permitted to grow — to match the maximum revenues each institution believes it can get. One assumption is safe: colleges spend all they can get their hands on. No administrator or faculty member I know is short of ideas on how to spend more.</p>
<p>Just to make sure we’re on the same page; nobody is questioning UMich’s instate value. The question is, is that SAME value delivered at twice the cost, for OOS?</p>