Some percentage of tuition dollars are effectively cross subsidizing other students (e.g., masters candidates subsidize PhD students, wealthier undergraduates subsidize other undergraduates receiving institutional grants or discounts, etc.), but the biggest factor in private education has to be the increase in administrative staff and facilities.
The one place is almost certainly not going its faculty salaries. The industry's shift to adjuncts has been great for university endowments but terrible for those who got their PhD in the last couple decades
The one place is almost certainly not going its faculty salaries. The industry's shift to adjuncts has been great for university endowments but terrible for those who got their PhD in the last couple decades