Why is it so much cheaper to go an in-state college then an out-of-state college?
In: Economics
They paid for it.
State-run colleges are built by the state. The state pays all the professors and runs everything, they’re government employees. The college if funded by tuition, sure, but state colleges are ALSO funded by the state. The state can only afford a college because they tax people who live there. It’s THEIR college. (Or, really, their parents’ college.)
(And places like Harvard simply have enough money that all their operating costs get paid from the interest. They have high tuition just to keep the riff-raff out.)
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