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re: What you do not understand about college cost
Posted on 8/25/22 at 10:14 am to FreddieMac
Posted on 8/25/22 at 10:14 am to FreddieMac
The graph doesn't show if appropriations have actually gone down. Just shows that tuition is making up a larger % of operating costs at the same time tuition is going up which is commonsense.
1
Posted on 8/25/22 at 10:17 am to FreddieMac
Let’s be real…..This graph “Appropriations and Tuition as a percentage of total university operating cost” on its own does not paint the full picture nor does it reflect that costs go up because less state funding.
Now post the graph of how University operating costs have increased or decreased over the same time.
Then you will have a better picture of what is causing the increase of tuition. Is it less state funding or is it because schools spend way the frick more money than ever before?
Now post the graph of how University operating costs have increased or decreased over the same time.
Then you will have a better picture of what is causing the increase of tuition. Is it less state funding or is it because schools spend way the frick more money than ever before?
Posted on 8/25/22 at 10:19 am to blowmeauburn
quote:
Louisiana’s decade of disinvestment in higher education
BATON ROUGE – A decade after Louisiana began making deep cuts in its support for higher education, the effect of those reductions continue to linger. Anew report from the Center on Budget and Policy Priorities found that tuition at four-year public universities in Louisiana has increased by 106.9% or $4,810 per student, since 2008. State funding per full-time student has fallen by 38% over that time span – or $4,454 per student.
Louisiana’s tuition increases are the second-highest in the nation over the 10-year span.
This is part of a nationwide trend by states to shift the responsibility of paying for public higher education to students and their families. Such cuts have worsened racial and class inequality, since rising tuition can deter low-income students and students of color from college.
The report highlights the need for Louisiana to continue re-investing in its colleges and universities, which have seen their finances stabilize in recent years.
“Obviously these numbers are alarming, but it’s important to note that this report measures a 10 year timespan,” said Jan Moller, executive director of the Louisiana Budget Project. “It shows that while funding has stabilized, we still have a lot of catching up to do.”
Overall state funding for higher education grew by $47 million for the current fiscal year over the 2018-19 budget cycle, though some of that includes additional funding for TOPS tied to higher enrollment.
Higher education cuts particularly affect families of color, which often face additional barriers to employment and difficulty accessing better-paying jobs. Households of color also spend a higher percentage of their income on tuition.
The report recommends that states increase support for need-based aid program, like Go Grants, as this type of support can have a greater effect on college retention and graduation rates.
This is a common trend across the United States.
This post was edited on 8/25/22 at 10:22 am
Posted on 8/25/22 at 10:20 am to FreddieMac
Actually the poor universities just need more money! If those greedy tax payers would just send more we could solve this problem! Gotta churn out useless gender studies majors and other people trained to vote blue for the good of society!
Posted on 8/25/22 at 10:23 am to RogerTheShrubber
People that go to college ought to be able to perform simple economic analyses.
If I spend $265,000 to go to Liberal Arts U to get a degree in gender studies to work at Starbucks does that make sense?
If I go to State U and get an engineering degree and spend $100K over 4 years and earn $60K/yr coming out of school what is my payback period?
Why should people that made good decisions or that paid off their loans or went into the trades or went into the Army have to subsidize dipshits that can't do basic math?
If I spend $265,000 to go to Liberal Arts U to get a degree in gender studies to work at Starbucks does that make sense?
If I go to State U and get an engineering degree and spend $100K over 4 years and earn $60K/yr coming out of school what is my payback period?
Why should people that made good decisions or that paid off their loans or went into the trades or went into the Army have to subsidize dipshits that can't do basic math?
Posted on 8/25/22 at 10:25 am to FreddieMac
quote:
The report highlights the need for Louisiana to continue re-investing in its colleges and universities
Do you think if the state doubled or tripled their investments in colleges and universities that those schools would pass those savings over to students? I highly doubt it.
You would have to see a cap on loans to stop those schools from continuing to increase costs to students.
We know our politicians are not going to do that.
Posted on 8/25/22 at 10:27 am to deathvalleytiger10
quote:
Do you think if the state doubled or tripled their investments in colleges and universities that those schools would pass those savings over to students? I highly doubt it.
I know they do, I seen it with my own eyes.
quote:
If I spend $265,000 to go to Liberal Arts U to get a degree in gender studies to work at Starbucks does that make sense?
That is one tired stereotype.
This post was edited on 8/25/22 at 10:29 am
Posted on 8/25/22 at 10:28 am to FreddieMac
quote:quote:
Subsidizing will raise cost. Colleges took advantage of the opportunity and created a shite load of bloat.
Nope, the data does not support your conclusion. Subsidizing reduces cost to the student, not increase it.
The heck? A loan reduces the short-term cost to the student but provides an immediate subsidy to the college. So colleges can raise tuition knowing students can still afford to attend because of loans. How is that not obvious?
Then there is the knock-on effect. As each student brings in more money, colleges have to spend more on items not directly related to education (think professors vs lazy rivers) because it helps to recruit these valuable students. The colleges don't have any incentive to be concerned about the long-term effects of loans. Perverse incentives lead to bad results.
This is not to excuse the students. You get $100k+ in debt to attend Tufts, I weep not a single tear.
SOME students might still need SOME money even to attend even local colleges; but that that isn't what is really driving this train of rising tuition cost.
Posted on 8/25/22 at 10:31 am to RogerTheShrubber
quote:
Government subsidies.
Subsidizing will raise cost. Colleges took advantage of the opportunity and created a shite load of bloat.
This.
Anytime the government gets involved in something, the costs go up. Why? Because the people setting the price know that money’s always going to be there. And they know that it’s other people’s money the politicians are spending, so they’ll never raise an objection to the cost.
This post was edited on 8/25/22 at 10:33 am
Posted on 8/25/22 at 10:34 am to FreddieMac
quote:
That is one tired stereotype.
Except it’s true, and everyone knows at least 1 person it applies to.
You can post this stupidity as many times as you want. It is not correct, you are not profound for posting it, and you are stupid for thinking it.
Posted on 8/25/22 at 10:34 am to FreddieMac
There are too many people just like that example. All of them fools.
Enjoy Starbucks fools.
Enjoy Starbucks fools.
Posted on 8/25/22 at 10:38 am to FreddieMac
quote:
If you push people into college because of societal values, then society has a responsibility to support those individuals.
Pure, unadulterated socialist nonsense.
Posted on 8/25/22 at 10:39 am to FreddieMac
quote:
I know they do, I seen it with my own eyes.
Saw what, exactly?
Posted on 8/25/22 at 10:41 am to FreddieMac
quote:
I know they do, I seen it with my own eyes.
Yeah, sure thing buddy.
Posted on 8/25/22 at 10:44 am to FreddieMac
Society doesn’t have a responsibility to pay for people who voluntarily borrowed money.
Posted on 8/25/22 at 10:45 am to Godfather1
quote:
Anytime the government gets involved in something, the costs go up. Why? Because the people setting the price know that money’s always going to be there. And they know that it’s other people’s money the politicians are spending, so they’ll never raise an objection to the cost.
Exactly!
This article sums up the problem nicely. FreddieMac needs to read it. How Government-Guaranteed Student Lloans Killed The American Dream For Millions
Posted on 8/25/22 at 10:45 am to FreddieMac
quote:
Why do you think those cost for college were so much cheaper in the 70s, 80s, and 90s? Why are they so expensive today? What has changed?
Government getting in the student loan game and making them unable to be discharged in bankruptcy is the primary reason why college costs have skyrocketed. Any discussion about high college costs that doesn't cover this part of it is disingenuous.
Posted on 8/25/22 at 10:47 am to FreddieMac
quote:
Buddy, it always been on the back of tax payers. This is what people do not get. That is the point of land-grant public universities. Public universities were founded by the American public to provide low cost education for the betterment of society. Public education SHOULD be funded by tax payers, that is the point!
Those were states schools. The problem is it became FedGov. Not all “public” is the same.
Posted on 8/25/22 at 10:48 am to FreddieMac
This appears to be an accountability issue.
As soon as these schools are allowed to place the majority of the financial burden on the student, their spending goes off the rails. Maybe that's because the state's money is more guaranteed year to year and not dependent on student enrollment?
As soon as these schools are allowed to place the majority of the financial burden on the student, their spending goes off the rails. Maybe that's because the state's money is more guaranteed year to year and not dependent on student enrollment?
Posted on 8/25/22 at 10:48 am to FreddieMac
quote:
If you push people into college because of societal values, then society has a responsibility to support those individuals.
What in the actual frick….
Go back to D/U, you socialist piece of shite. Or better yet, move to China
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