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10-24-2006, 11:20 AM
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College tuition up....again.....
http://money.cnn.com/2006/10/24/pf/c...ion=2006102410
Can someone please explain to me why college costs continuously outstrip inflation, especially at the undergrad level? To my knowledge, calculus has not changed much in the last few hundred years, and history of the Civil War is a pretty static concept. What are these kids getting extra that justifies a 7% increase every year? For my money - with the exception of the use of computer technology (which actually makes things more efficient and should reduce costs), undergrad educations have not changed all that much in the last 30 years. Can someone explain to me why they are several times more expensive now in real terms than they were then? What I do know is that anything that rises faster than overall inflation for an extended period generally has to revert to the mean at some point, and it is high time that higher education realizes that they have budgets to meet like the rest of us.
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10-24-2006, 11:22 AM
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Crazy Bearded Fool
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I don't know, but I wish it would stop. Its killing me right now.
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10-24-2006, 11:29 AM
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There is no charge for awesomeness
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Buildings, buildings, and more buildings! Heaven forbid a college student step into a classroom that their parents might have studied in--that could bring to mind thoughts of the thing colleges seem to fear most these days... tradition!
(Sorry, computers replacing books and the academic fetish of the new have this librarian and humanities major talking crazy again...)
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10-24-2006, 11:31 AM
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Damn.......
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Best answer I can offer is the increasing costs of providing and maintaining facilities on campus. I can assure you the costs are rising rapidly, and, when you have to add facilities to attract students, those costs are rising too.
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10-24-2006, 11:38 AM
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True Madness Requires Significant Intelligence
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I pay more for my kids to go to private elementary school than I paid to go to college. Education will keep pace with health care increases.
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I would rather rely on my ability to produce, than the government's ability to provide.
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10-24-2006, 11:52 AM
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lack of funding from the state, lack of federal funding...
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10-24-2006, 11:58 AM
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Chief Contrarian
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Quote:
Originally Posted by jimotis4heisman
lack of funding from the state, lack of federal funding...
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I think that has kept pace. Even if it hasnt - more public funding is simply shifting the increase from the student to the taxpayers. Its not addressing the overall increase.
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"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance."
Cicero
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10-24-2006, 12:07 PM
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Quote:
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Originally Posted by NewYorkBuck
I think that has kept pace. Even if it hasnt - more public funding is simply shifting the increase from the student to the taxpayers. Its not addressing the overall increase.
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i read awhile ago (these numbers are flimsy but they encompass the point) that 40 years ago students paid 20 percent of the cost and 80 came from subsidies now the numbers are switched.
universities are out of control? but its a free market. if you dont want to "invest" in your future learn a trade, open a business etc. you of all nyb should realize this... | |
