Then they built fancy new sky-rise luxury dorms, a new athletic center with olympic-sized pools, tons of other amenities not needed for education, and now the price is closer to $70k/year.
All true, but bear in mind none of the undergrads actually asked for it, and all of them would have made the same decision to enroll at BU if. the dorms were good and properly shabby.
The problem is that there is an auction going on for every spot at BU, and the kids are bidding for it with borrowed money. And then the admins get more money than they know what to do with.
