Appendix

Elasticity of Demand for College Graduates
    A. Dramatic Increase In Quantity of People Buying a Degree Push Up Price

     B. Price is up much more than even health care!
         1. Cost of living tripled
         2. Health care up six times
         3. College tuition/fees almost ten times

    C. How colleges increase demand elasticity
        1. The include graduate degrees in with just a bachelors' degree
            when reporting income figure for bachelors'' all students with a
            knowing that people with just a bachelor's degree earn much less
            than those that also have advanced degrees.
        2. In the bachelors degree only group those prejudice for
            college use average earnings rather than median earnings
            as averages are skewed higher by high by STEM majors.
            See Effect of Education on Income
        3. Grade inflation is used to convince students and parents
            their money is being well spent! Colleges teachers are
            increasing their own economic well-being by using high
            grades to make demand inelastic. Were college catalogs
            changed to say average is B+ to A-? Grade Inflation as
            A's and B's Increased from 40% to about 85% Making
            Product Look Like a Better Investment.

      4. To maximize revenue private colleges
              increase tuition much more than needed and use the extra tuition
              paid by people they don't want to provide grants to people they
              do want. In affect, the poorer students are financing the better
              students who will end up getting one of the few good jobs
              available to college grads. FUNNY MONEY GRANTS are
              different than grants backed by cash provided to the college
              by alumni and friends.
              See Why College Tuition is Not Up Rapidly

       5. Colleges hire consultants with complex computer
                programs to maximize the cash received
                from students receiving FUNNY MONEY
                GRANTS. Students given a FUNNY MONEY
                sports grant to play college ball can get their
                entire family to come up with more cash often
                through borrowing!

         6. Demand is Inelastic

7. Result US Students Pay Lots