Question

A major concern related to higher education’s business model is that colleges and universities cannot or will not control their cost increases. In for-profit industries when productivity goes up, salaries usually go up. This is different in public education.

Based on the excerpt, how is higher education different from for-profit industries?

Answer 1

ANSWER D!!

i looked it up on quizlet!:)

Answer 2

I understand it that they cannot control their cost increases because they cannot for example increase the prize of the service they provide.

This means that they will have less money if some costs increase, for example if the prize of gas increases. Therefore, the salaries will be lower, since there will be less money to distribute.