Why is College So Expensive?

The video discusses the rising costs of education in the US, highlighting that student debt has become a significant burden. It explores how colleges have shifted spending from academic instruction to non-academic services, driven by competition and the need to attract students. Despite the high costs, college education still offers a good return on investment. The video questions whether treating students as customers is beneficial and suggests focusing on providing education and enrichment rather than maximizing revenue.

What factors have contributed to the increase in student loan debt in the US?

How have colleges' spending patterns changed since 2008?

In what ways do colleges treat students like customers?

What are some of the non-academic expenses that have increased in colleges?

Discuss the implications of treating students as customers in higher education.