And it doubles down on being flawed, as people willing to pay those 100 bucks self-select as both gullible and having discretionary income. More-less the same story as with paying for ad-free versions of ad-supported services.
"Among postsecondary Title IV institutions in 2020–21, there were 1,892 public institutions, 1,754 private nonprofit institutions, and 2,270 private for-profit institutions."