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re: I don’t get why it is more costly for colleges to educate students now vs the 70s/80s
Posted on 4/30/22 at 7:37 pm to lsuconnman
Posted on 4/30/22 at 7:37 pm to lsuconnman
Student loans...
And ahit like the $13 million I just saw for Ohio State Diveristy and inclusion dept.
Like 130 people. Top 10 making over 150k a year.
And ahit like the $13 million I just saw for Ohio State Diveristy and inclusion dept.
Like 130 people. Top 10 making over 150k a year.
Posted on 4/30/22 at 7:38 pm to Stealth Matrix
quote:
I see I struck a nerve.
Just curious. Your initial response indicated that you are learned about tenure and promotion.
You can decide to use the bigger drill if you want to.
Posted on 4/30/22 at 7:46 pm to Dawgfanman
quote:
At the University of Georgia, state funding accounted for 42.2 percent of revenues in 2001, while student tuition and fees made up 13.4 percent, according to the UGA Fact Book. In the 2018 fiscal year, the state contributed 27.3 percent, while student tuition and fees made up 31.0 percent; triple the percent in 2001.
This doesn’t mean the school is getting less money from the state. It means they grew their revenue by milking the students and grabbing more loan money. They could have very easily kept things at the same percentage but chose not to.
Posted on 4/30/22 at 8:01 pm to HailHailtoMichigan!
quote:
Explain to me why a school like LSU could give a 1970s student a 4 year education/degree at 4 times less the cost as a 2022 student
I don’t have data for the 70’s, but I found data going back to the 90’s on revenue by source at LSU.
The unrestricted revenue, which is the general fund that includes tuition and state funding, was..
Unrestricted Revenue:
1994 - $211,720,580
2019 - $566,408,526
Here’s what that looks like in 2019 dollars, once you adjust for inflation.
Unrestricted Revenue (2019 Dollars):
1994 - $365,235,143
2019 - $566,408,526
Still looks like the school is spending a lot more money. But full-time enrollment was 19,703 in 1994. Full-time enrollment was 27,225 in 2019.
Unrestricted Revenue per Full-Time Student (2019 Dollars):
1994 - $18,537
2019 - $20,805
That still doesn’t tell the entire story for a couple of reasons:
- Part-time enrollment was also higher in 2019
- Inflation adjustment via CPI doesn’t do a great job of capturing increases in technology costs.
That being said, I think this is close enough to get the point across. Funding per student has increased, but nowhere near as much as tuition. Which brings me to the next point..
Unrestricted Revenue per Full-Time Student, by Source (2019 Dollars):
1994 Tuition & Fees - $6,417
1994 State Appropriations - $10,668
1994 Other - $1,452
2019 Tuition & Fees - $15,121
2019 State Appropriations - $5,162
2019 Other - $522
(Note that this is not intended to represent the exact full-time tuition rate. It’s just the total revenue divided by the number of full-time students. Actual full-time tuition should be lower on average because of part-time students.)
In 1994 tuition and fees made up 35% of the unrestricted budget while state appropriations made up 58%. In 2019, tuition and fees made up 73% of the unrestricted budget while state appropriations made up 25%.
State appropriations in 2021 were less than half of what they were in 1994, when adjusted for inflation.
So the gist of it is - yeah, the university’s inflation-adjusted operating cost per full-time student increased by $2,268 from 1994 to 2019. Meanwhile, state funding decreased by $5,506 per full time student over the same time period.
It’s certainly fair to look at the increase in operating costs and question whether the university is being efficient. But if you’re asking why tuition has increased, the #1 reason is that the costs have been shifted from tax dollars to tuition dollars.
I don’t expect that everyone will look at this as a bad thing, as many may feel that the students/families should bear the brunt of the cost. That’s a perfectly valid opinion. The numbers only tell part of the story when you have the TOPS elephant in the room, as well. I’m just trying to point out the reality of why tuition costs have increased so much.
Posted on 4/30/22 at 8:06 pm to NOLAVOL16
Georgia lawmakers probably kept the total amount of funding relatively stable, while tuition costs increased. The state is probably paying the tuition of 9/10 in-state students anyway, thru the HOPE fund. So it is funding it indirectly.
Posted on 4/30/22 at 8:13 pm to Ric Flair
Does HoPE pay for a full ride or just a certain amount as a stipend?
Posted on 4/30/22 at 8:22 pm to NOLAVOL16
quote:
Does HoPE pay for a full ride or just a certain amount as a stipend?
I have a kid attending a state school next year. Hope pays about 90% of tuition and none of the fees. In his case
Hope pays $3345 dollars (out of $3,745) for tuition
It covers none of the fees ($742)
None of the housing ($3,634)
None of the required food plan (lowest is $1532)
All costs are per semester for full time, they are required to live on campus first year.
Posted on 4/30/22 at 8:24 pm to VermilionTiger
quote:
Because of who you voted for
Shut the fkn thread down
Posted on 4/30/22 at 8:25 pm to HailHailtoMichigan!
Dorms with lazy rivers
Posted on 4/30/22 at 8:27 pm to choupiquesushi
This post was edited on 8/25/22 at 5:06 pm
Posted on 4/30/22 at 8:29 pm to HailHailtoMichigan!
Government subsidized loans.
Posted on 4/30/22 at 8:41 pm to Dawgfanman
quote:
It covers none of the fees ($742) None of the housing ($3,634)
This is where the real racket is. $742 for “fees” is absolutely insane. So is almost $4k for housing. That’s roughly $850 a month for what I assume is a shared room of about 200 sqft.
Posted on 4/30/22 at 8:43 pm to NOLAVOL16
quote:
This is where the real racket is. $742 for “fees” is absolutely insane. So is almost $4k for housing. That’s roughly $850 a month for what I assume is a shared room of about 200 sqft.
Indeed. Other parents whose children have attended there let me know it’s much cheaper when they can live off campus.
Posted on 4/30/22 at 9:24 pm to HailHailtoMichigan!
Administration abs facility cost is the correct answer, they actually pay professors less and use tons of adjunct facility.
Posted on 4/30/22 at 9:27 pm to Tiger in NY
For all you stupid mfers blaming democrats, student aid was cut basically in half in Reagan era and gapped a little bit with loans.
I am not a ducking Democrat btw, but this isn’t a partisan deal, it’s a class deal
I am not a ducking Democrat btw, but this isn’t a partisan deal, it’s a class deal
Posted on 4/30/22 at 9:49 pm to HailHailtoMichigan!
When you allow nearly unlimited government funds into a business, management expands.
Lazy rivers, apartment-style dorms, Office of Diversity, Equity & Inclusion, etc. These extras that schools have now don't get paid for with wishful thinking. Hell, here's $400k-$500k per year being spent now which wasn't deemed as necessary until the last twenty years or so.
Here's just the top level org chart for LSU: LINK It would be interesting to see how different the one from 1970 or 1980 looked. I imagine there wouldn't be quite as many positions. If you were to drill down, I imagine you would see even larger discrepancies between the amount of non-teaching employees now versus then.
Lazy rivers, apartment-style dorms, Office of Diversity, Equity & Inclusion, etc. These extras that schools have now don't get paid for with wishful thinking. Hell, here's $400k-$500k per year being spent now which wasn't deemed as necessary until the last twenty years or so.
Here's just the top level org chart for LSU: LINK It would be interesting to see how different the one from 1970 or 1980 looked. I imagine there wouldn't be quite as many positions. If you were to drill down, I imagine you would see even larger discrepancies between the amount of non-teaching employees now versus then.
Posted on 4/30/22 at 10:02 pm to EA6B
As an out of state LSU ChE major, my cost for tuition, room , board and books was about $1100/ semester.
I made more my first year working after graduation, than I spent on my degree at LSU
I made more my first year working after graduation, than I spent on my degree at LSU
Posted on 5/1/22 at 7:33 am to McVick
An increase in the number of staff leads to an increase in the overall operation costs of any business in any industry, of which big academia has become: soulless enterprises designed to churn out student debt quickly for maximum profits which, of course, leads to more bloat. The specific tenure bit is more of a commentary on unfireable holier-than-thous who believe that regurgitating the crap their cliques want to hear in order to obtain their precious positions means that absolutely nothing which falls out of their mealy mouths could ever be fallible. I'm sure that's not a direct reference about you, is it?
Posted on 5/1/22 at 7:40 am to HailHailtoMichigan!
Go look at the administrative costs. Too many programs, too many employees and watered down education.
Public education at the post secondary level is just a federal money grab.
Public education at the post secondary level is just a federal money grab.
Posted on 5/1/22 at 7:48 am to HailHailtoMichigan!
If there were no government backing the supposed student loan crisis would not even be an issue. Why get a college degree that you can't pay off?
Better yet, why should my money be used to pay for your poor choice in msjors?
Better yet, why should my money be used to pay for your poor choice in msjors?
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