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But what a bed

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Princeton “spent $136 million on a new 500-bed dorm, or $277,000 per bed, which is more than $70,000 more than the current median home price.”—Andrew Gillen, A Tuition Bubble: Lessons from the Housing Bubble (Center for College Affordability and Productivity)

Malcolm A. Kline
Malcolm A. Kline is the Executive Director of Accuracy in Academia. If you would like to comment on this article, e-mail contact@academia.org.

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