“At the most elite institutions, college can basically be a finishing school”
From Market Watch: “Part of what students are paying for is ‘access to other smart people, students and college employees,’ said Robert Kelchen, a professor of higher education finance at Seton Hall University. … At these schools, the opportunity to get to know a student whose parent may offer a connection to a job in a prestigious field or a robust alumni network can be a key component to the value students derive from attending.”
View the full article from Market Watch.
