If You Love Your Alma Mater to Death

According to an Associated Press article, the city of College Station, Texas, home of Texas A&M University, will be marketing a section of its cemetery for A&M graduates. Although other schools have them, this is the first university-related cemetery in Texas. The price of a plot is $2,000 compared to $950 in the regular section. Residents will have a “view” of the football stadium and, as the marketing director of the cemetery put it, “This is another opportunity for former students to be someplace close to campus when they’re gone.”

I wonder, since the cemetery is a monopoly, whether it is extracting all the consumer surplus from the Aggies, because $2,000 seems like a low price to me. I also wonder whether cemeteries at other schools would be or are already charging more. The price charged might be a good measure of the price elasticity of demand by decedent alumni at different schools.

A neat project would be to infer the extent of school spirit from the estimate of the price elasticity implied by the prices that different university cemeteries charge.

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COMMENTS: 17

  1. Leland Witter says:

    Or for free, you could enlist someone to surreptitiously scatter your ashes at your favorite school spot and “live” on campus permanently.

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  2. Bobby G says:

    It’s a monopoly only as much as Mcdonald’s has a monopoly on the Big Mac.

    That said, I bet the price increases when the Aggies have a good football team…

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  3. Witty Nickname says:

    There is a really good Aggie joke in here somewhere.

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  4. JS says:

    The Naval Academy has a cemetery and now a columbarium — not sure how much burial costs, but I’m pretty sure one would have to have been either an officer or an officer’s spouse.

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  5. William says:

    This gives a whole new meaning to the term ‘school spirit’.

    Someone had to say it..

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  6. Ros says:

    You may be right that the $2000 price tag is a bit low but I would guess that during depressions cemetery plot prices don’t hold up very well.

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  7. Bill says:

    How is the cemetary a monopoly in any sense?

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  8. Matt says:

    Texas A&M is not a normal college like the ones we went too. I lived in Dallas for 5 years and heard about all the strange and bizarre traditions of the place.

    PS – Don’t walk on the sacred grass.

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