Explain the Root Causes of Growing Tuition Costs at State

question 57

Essay

Explain the root causes of growing tuition costs at state colleges. Then explain how this cost increase is an equity concern as well as an economic concern for individuals and employers.

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Definitions:

Goodwill

An intangible asset that represents the value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology.

Intangible Assets

Assets that cannot be physically touched or held, such as patents, trademarks, and goodwill.

Tangible Assets

Physical and material assets, such as machinery, buildings, and land, that have a value and can be seen and touched.

Comparable Business

A company or business model similar in size, scope, or industry to another, used for benchmarking or competitive analysis.