[GalasaKoll]

i think it is important to remember that very very few pay "list price" for college education. i'm sure the numbers are available, but i'm too lazy to look. it would be interesting to see what the listed tuition cost is for private and public universities versus what students actually pay to attend.

I actually do agree with this point... Most people do get offered some sort of financial aid, be it subsidized or grants or scholarships or whatever. And if you don't get offered money to any school, you probably are applying to schools that are out of your range.

I know that my bf got into a few schools, including Penn and a full-ride to a couple colleges. He chose Penn. I've asked him if he regrets not going to one that offered him a free ride, now that he's juggling a massive amount of student loans... and he said sometimes, but usually no. He wouldn't trade it in for the quality of education he got at an Ivy League institution. So I suppose it's all a matter of weighing the pros and cons for some.

[Poothevokprot]

It's called Capitialism & GREED
I attended Drexel U in September 1973
Tuition was $1900
the following year it went up to $2100

2009:
FT Undergraduate Tuition $27,200
FT Undergraduate Required Fees $1,865
Total Cost On-Campus Attendance: $45,875 per year

You have to be kidding.
How could anyone afford that ?
I pay $1000/month in Child Support
Just to send one kid to Drexel over $2000/month
I guess I have it good.

Baltimore Bob

[tigoCeree]

I actually do agree with this point... Most people do get offered some sort of financial aid, be it subsidized or grants or scholarships or whatever. And if you don't get offered money to any school, you probably are applying to schools that are out of your range.

I know that my bf got into a few schools, including Penn and a full-ride to a couple colleges. He chose Penn. I've asked him if he regrets not going to one that offered him a free ride, now that he's juggling a massive amount of student loans... and he said sometimes, but usually no. He wouldn't trade it in for the quality of education he got at an Ivy League institution. So I suppose it's all a matter of weighing the pros and cons for some.

the hardest thing i have to do each month is write my student loan check. the majority of my debt is from my first attempt at graduate school at GWU. i could have gone to VCU for next to nothing, but i chose GWU for two reasons 1) i wanted to live in DC and 2) it was closer to my BF. i now firmly believe that 21 year olds in love should not be allowed to make important life decisions.

what makes it hard is that i do not have a degree from GWU.

[Zaebal]

i could have gone to VCU for next to nothing, but i chose GWU for two reasons 1) i wanted to live in DC and 2) it was closer to my BF. i now firmly believe that 21 year olds in love should not be allowed to make important life decisions.

what makes it hard is that i do not have a degree from GWU.

A true romantic. If at first you don't succeed..

[tigoCeree]

A true romantic. If at first you don't succeed..

good life lesson. i did try try again and was successful at getting that advanced degree.

perhaps it's time to give the love thing another shot.....

[bs44MhUW]

the hardest thing i have to do each month is write my student loan check. the majority of my debt is from my first attempt at graduate school at GWU. i could have gone to VCU for next to nothing, but i chose GWU for two reasons 1) i wanted to live in DC and 2) it was closer to my BF. i now firmly believe that 21 year olds in love should not be allowed to make important life decisions.

what makes it hard is that i do not have a degree from GWU.

which one had a better grad program in your specialization? VCU or GWU? And in any case, you don't get to be 21 ever again...it's better to have tried and done things where your heart was instead of breaking down everything in dollars and cents.

I could have completed my grad degree here in Dallas at SMU over the past two years, had I known I was going to be here this long...would have been cheaper and heck, I can just give up on moving to Philly because the cost of living is cheaper here (no local and state income taxes for one!). But I guess my heart is set for moving... most likely not the wisest financial choice.

[GalasaKoll]

It's called Capitialism & GREED
I attended Drexel U in September 1973
Tuition was $1900
the following year it went up to $2100

2009:
FT Undergraduate Tuition $27,200
FT Undergraduate Required Fees $1,865
Total Cost On-Campus Attendance: $45,875 per year

You have to be kidding.
How could anyone afford that ?
I pay $1000/month in Child Support
Just to send one kid to Drexel over $2000/month
I guess I have it good.

Baltimore Bob

Wondering if you attended when my accounting professor did, BB. He said he went in the '70s and paid something like $1100 LOL

[bs44MhUW]

as for cost of education that students face: not all students face the same issue.

Schools with large endowments are slashing out-of-pockets costs for incoming freshmen, some even giving full free rides. I'm talking about most big private schools (not just Ivy League) as well as state flagship universities in some states that still have proper funding made available to their higher education systems.

Other students who either can't get into those schools or financially choose to go to schools in their hometowns don't fare as well. Part of the reason for this is that federal Pell Grant program has been curtailed by a lot since the 1990s, while pushing for more student loans and student work-study programs.

Lastly, those students that end up attending community colleges or private technical trade schools (ITT Technical Institute, etc.) usually have to pay the actual rates and fund it mostly via loans that come up due as soon as they graduate-- the interest rate meter starts running.

I'm just glad I don't have to deal with any student loans...at least until I decide to go back to school, which will be only on part-time basis.

[Zaebal]

good life lesson. i did try try again and was successful at getting that advanced degree.

perhaps it's time to give the love thing another shot.....

Of course you realize you now have an audience waiting to live vicariously through you, no?

We'll be there to criticize your every move, second-guess your gut instincts and push catch you when you fall.

[Poothevokprot]

With the economy in the toilet why are schools raising Tuitions.

Must be a-holes that set Tuitions.

Baltimore Bob

[tigoCeree]

Of course you realize you now have an audience waiting to live vicariously through you, no?

We'll be there to criticize your every move, second-guess your gut instincts and push catch you when you fall.

do you really think i'd be stupid enough to share details of my relationship life here? yeah, i'm not that sort of sadist!

[Poothevokprot]

Wondering if you attended when my
accounting professor did, BB. He said he went in the '70s
and paid something like $1100 LOL

Sounds like $1100 was mid 1960's.

Baltimore Bob

[Zaebal]

do you really think i'd be stupid enough to share details of my relationship life here? yeah, i'm not that sort of sadist!

So there are details now? Who is he? What does he do for a living? Is he a COWARD?

We're waiting....

[bs44MhUW]

do you really think i'd be stupid enough to share details of my relationship life here? yeah, i'm not that sort of sadist!

what sort of sadist are you?!

[tigoCeree]

So there are details now? Who is he? What does he do for a living? Is he a COWARD?

We're waiting....

at this point he is imaginary, so he can be whatever you want him to be....

[Wheegiabe]

source? citation? Or are we supposed to take this on faith, like everything else you post?

I heard the quote on KYW, but what I heard was addressing the argument that a public option would put private insurance out of business. He said that the existence of Penn State (a public option) didn't put University of Pennsylvania (a private option) out of business. I thought it was a good point.

I'm not entirely sure what forces are causing education prices to skyrocket -- they aren't driven by stockholders to increase profits, as insurance companies are -- but I'm truly appalled by it. I know that when I was in my senior year of college, the administration was in discussions about what do about the decreasing population over the next 20 years: lower their academic standards so they would have a larger pool of students to draw from, or decrease the class size with a corresponding increase in tuition. They called it the Strategic Long-Range Plan. The school newspaper disparagingly called it SLuRP. Of course, now that the baby boomers' kids are college-aged, the smaller college-aged population isn't a problem any more.

Some of the costs seem to be driven by competition among colleges to create the best country-club-style atmosphere, because that's what the incoming students want and they won't go to your college if you can't provide it. No self-respecting Millenial would go to a college where two students shared an 8x8 dorm room with bunk beds, painted cinderblock walls, two-foot wide closets, and tables and drawers attached to the walls (no matter how good the handles were for opening beer bottles). That's what I had when I was a freshman at a small private college in 1982, and I was just glad to be away from home. Millenials wouldn't even tolerate the height of luxury in my day: a suite shared by four people, with four 4x8 individual rooms and a shared 8x10 common room. But today's more luxurious accommodations are expensive.

The technology costs are also driving it, because today's classrooms and facilities have to be very high-tech to appeal to the discriminating Millenial, and technology, aside from being expensive to begin with, tends to be obsolete within 2-4 years and expensive new purchases have to be made.

I suspect that you don't hear as much about education costs because they mostly affect only people with children between 15 and 25 (and to a lesser extent, those children), while healthcare costs affect a much broader segment of the population.

[Wheegiabe]

i know quite a few college professors. they aren't rolling in the dough. there are easier ways to make money once you get your Ph.D.!

My mother was a college professor for 10 years. She took a significant pay cut to go there from private industry. She made most of her money writing college textbooks. That's where the big money is.

[GalasaKoll]

Maybe they're just trying to make up endowment losses...

College Endowments Plunge - WSJ.com

[Xxedxevh]

The wacko LIBERAL professors need more money, Profits are only bad when someone else is making them. The whole liberal party is one giant hypocrisy.
Just look at the new regime in the White House.

[tigoCeree]

The wacko LIBERAL professors need more money, Profits are only bad when someone else is making them. The whole liberal party is one giant hypocrisy.
Just look at the new regime in the White House.

i know quite a few college professors. they aren't rolling in the dough. there are easier ways to make money once you get your Ph.D.!