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Bottom line is good for you, the college and higher education consumer

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Competition and increased choices are generally a good thing for you the consumer. That’s what has produced amazing technological products like smartphones, powerful personal computers, safer and more fuel-efficient cars, fast casual restaurants of a mind-boggling variety, ultra-safe jet airplanes, and so forth.

Thanks to the increasing numbers of alternatives to college that are doing a good job meeting their customers’ needs, colleges are under far more pressure now to contain their costs and better meet the needs of their students. Some of the worst and most inefficient colleges are shuttering their doors.

It is precisely because colleges weren’t doing enough to meet their customers’ needs — by providing cost effective education that met the needs to what employers and students wanted — that these college alternatives are multiplying and expanding. And the better colleges that are open to change and what their customers want are improving what they offer and trying to contain their costs. That’s the beauty of competition. Enjoy it and reap the rewards from it!

Paying For College For Dummies

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