54:39 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?
O Salaries in higher education are higher because of business costs.
O Salaries in higher education are based on productivity.
O Salaries in higher education are lower because of business costs.
Salaries in higher education are based on additional factors.