Demand Sponges
If you’ve ever spent any time looking at the literature on private higher education around the world – from the World Bank, say, or the good folks at SUNY Albany who run the Program for Research on Private Higher Education (PROPHE) shop – you’ll know that private higher education is often referred to as “demand-absorbing”; that is, when the public sector is tapped-out and, for structural reasons (read: government underfunding, unwillingness to charge tuition), can’t expand, private higher education comes to the







