As a collector, the price of grading going up obviously stinks. Many collectors had cards queued up to grade that now might not be economical to grade.
However, the grading companies have two options right now to avoid drowning in submissions:
(1) Shut down submissions, except for the higest price categories like PSA. With $300 as the lowest submission price (as of 4-28-2021), they are skimming the market for high-margin submissions and working off their backlog. I submitted to one of PSA's quarterly specials back in September, and I do not expect to get my cards back until September 2021.
(2) Raising proces across-the-board like SGC, Beckett, and CSG. This move will reduce volume and raise margins.
While all businesses want volume (it's great when people love your product or service), volume becomes dysfunctional when you cannot handle it as a seller. Look at the other messages on this board, CSG seems to be struggling with the volume of submissions in terms of tracking, unpacking and other aspects of customer service. Raising submissions helps because not only does it reduce the volume of submissions, but CSG with the higher margins can also hire some temporary help in packing/unpacking and work on expanding grading capacity. As somebody who is trying CSG as an alternative to PSA, $12 per bulk submission at $250 value limit seems pretty reasonable right now. I liked $8 better.
Even if you (or I) do not become a CSG regular customer, we need to hope that they are successful in this market. The relative capacity constraints in the industry stem from card grading having only three major players (PSA, Beckett & SGC) and the new firm entering, CSG. It's basic economics that an Oligopoly is going to have higher than competitive prices, especially in times of high demand. More options will create competition for your buisness and lower prices, eventually.