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Base Quote by Gerald Chertavian

“College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year.” quote by Gerald Chertavian
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“College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year.”

Gerald Chertavian

About This Quote

Source Speech: Interview on Higher Education Economics, 2022

College costs rise faster than economies of scale, making them increasingly unaffordable.

In simple terms: College is getting more expensive.

Key Takeaway

Consider cost‑benefit before enrolling.

Themes

education economics affordability

Mood

concerned analytical

Type

critical informative

When to use this quote

  • student budgeting
  • policy debate
  • financial planning

Key Concepts

inflation scale budgeting

Questions to Reflect On

  • How can institutions control cost growth?
  • What alternatives exist to traditional college?
A Different Perspective

Higher tuition may limit access for low‑income students.

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