^ Tied in to some of the above: The elite colleges discovered that demand for their education/degrees was a lot more inelastic than they had thought, which is tied in with growing inequality/growth in wealth of the top 1-5%.
^ Tied in to some of the above: The elite colleges discovered that demand for their education/degrees was a lot more inelastic than they had thought, which is tied in with growing inequality/growth in wealth of the top 1-5%.