Read the following excerpt from a report about some of the possible reasons college costs are increasing. a major concern related to higher education’s business model is that colleges and universities cannot or will not control their cost increases. in for-profit industries when productivity goes up, salaries usually go up. this is different in public education. based on the excerpt, how is higher education different from for-profit industries? a. salaries in higher education are higher because of business costs. b. salaries in higher education are based on productivity. c. salaries in higher education are lower because of business costs. d. salaries in higher education are based on additional factors.

Salaries in higher education are based on additional factors.

Explanation:

None.

The correct answer is C) Salaries in higher education are lower because of business costs.

Based on the excerpt, higher education is different from for-profit industries in that "salaries in higher education are lower because of business costs."

As the text refers: " In for-profit industries when productivity goes up, salaries usually go up. This is different in public education." But we have in mind that colleges and universities are nor just for making a profit, but to offer an excellent education to students. This requires many investments in infrastructure, teachers, workers, researchers, laboratories, classrooms, athletics, and many more. So business costs are high. And many times, the money that an institution receives is invested in more infrastructure.

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