Editor’s Note: This article was updated to reflect the current name of the University of Maryland Global Campus, replacing its former name, University of Maryland, University College. An extraordinary number of public state universities now admit a majority of their students from out of state. At the University of Vermont, the number is 75 percent. […]
Read More
Public institutions typically charge out-of-state students much higher tuition than in-state students. Bryan Caplan and Alex Tabarrok, two leading libertarian economists, have been discussing the puzzle of why that is the case. They correctly rule out the monopoly or cartel explanation. If public colleges were a monopoly or cartel, they could charge higher prices to […]
Read More