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Apr 17, 2019
9:58:23am
Mises All-American
Free-loading is probably not the right descriptor.
Yes, successful athletics can increase appeal and, thus, increase demand for a school, which reduces acceptance rates and raises the bar for incoming classes. But that doesn't at all mean that students are free-loading from the school's prior strategy to increase demand. They had to earn their way in through a very tough admissions process.
Mises
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bastuta
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Mises
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