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Do you consider a 1000% price change increase over a 20 year period reasonable?

Posted on 4/11/25 at 10:39 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
3237 posts
Posted on 4/11/25 at 10:39 am
That's a CAGR (Compound average growth rate) of over 12% per year.

That's the approx cost of LSU in-state tuition...seems insane to me. That's JUST tuition...no other costs for housing meals etc
Posted by LNCHBOX
70448
Member since Jun 2009
86771 posts
Posted on 4/11/25 at 10:40 am to
This is what happens when "everyone" needs a degree for every basic job
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
69047 posts
Posted on 4/11/25 at 10:41 am to
When you give out grant money for pointless degrees, don't require repayment for dropouts, let everyone in for anything, etc, this is what you get.
Posted by 03 West CoChamps
Member since Sep 2024
120 posts
Posted on 4/11/25 at 10:42 am to
You can blame the Federal government and student loans.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
29526 posts
Posted on 4/11/25 at 10:43 am to
I’d be interested in how that compares to other similar schools. TOPS is objectively a welfare program that one would think has to have a part in that.

I’m very much team college, and think it should be an educational experience not job training, but something has to be figured out
Posted by el Gaucho
He/They
Member since Dec 2010
56725 posts
Posted on 4/11/25 at 10:48 am to
Everything should be an apprenticeship

It doesn’t take a college degree to sell insurance or whatever lsu claims to prepare kids for
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55411 posts
Posted on 4/11/25 at 10:49 am to
quote:

This is what happens when "everyone" needs a degree for every basic job


More importantly, this is what happens when the state and federal governments subsidize those degrees to the tune of tens of billions of dollars per year. Instead of going to extra instructors, more of the money goes to expanding middle management and useless fluff rather than hiring more teachers.
Posted by Specktricity
Lafayette
Member since May 2011
1302 posts
Posted on 4/11/25 at 10:58 am to
Yes, I do, and as with most situations like this the federal government is to blame. This is what happens when you subsidize and give out free money to certain individuals and institutions. The balance of the capitalistic markets is completely thrown off. Pretty much all colleges are bloated with unnecessary administration. You have to turn off the free money spigot if you want it to become more affordable.
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
7135 posts
Posted on 4/11/25 at 11:17 am to
Universities are continuing to raise their tuition rates and those are exceeding the actual ROI on their degrees. A degree in the 90s that would cost you maybe $50k over 4 years AFTER living expenses now costs you $50k EVERY 4 years.

Programs like TOPS were designed for lower income families, but since they removed the income restriction, anyone can take it. This same practice is going towards private schools across the state thanks to Landry's "brilliant" plan of trying to get government funding for private schools. All we will see is tuition increases.
This post was edited on 4/11/25 at 11:20 am
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
69047 posts
Posted on 4/11/25 at 11:18 am to
[quote]TOPS is objectively a welfare program[/quote

And would be so easy to fix. Pay it back if you drop out, pay it back if you leave the state within 5 years of graduation (or something to that effect)
Posted by NorthEndZone
Member since Dec 2008
13000 posts
Posted on 4/11/25 at 11:32 am to
Posted by dgnx6
Member since Feb 2006
78759 posts
Posted on 4/11/25 at 11:36 am to
quote:

This is what happens when "everyone" needs a degree for every basic job



Like the everyone should buy a house push. Even if you can't afford it.








Posted by MMauler
Primary This RINO Traitor
Member since Jun 2013
22363 posts
Posted on 4/11/25 at 11:40 am to
I’d like to know what they did with all of those useless f*cking DEI department administrators now that they have "allegedly" gotten rid of that department. Did they just reassign them so that they can keep doing the same racist f*cking bullsh!t just under a different name in different departments, or, did they get rid of them like they f*cking should have?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38371 posts
Posted on 4/11/25 at 11:44 am to
Very few on TD understand the implications of this graph

Posted by N2cars
Member since Feb 2008
34067 posts
Posted on 4/11/25 at 11:46 am to
Free in-state tution isn't free.


Like most colleges, LSU is extremely poorly-managed from a financial standpoint, and it will never change.

Ever.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
29526 posts
Posted on 4/11/25 at 11:46 am to
quote:

Very few on TD understand the implications of this graph


I couldn’t help but chuckle when all the feigned wealthy boomers were saying that a 10% drop in the stock market the other day didn’t affect them
Posted by CajunPhil
Chimes
Member since Aug 2013
768 posts
Posted on 4/11/25 at 11:55 am to
Thousand percent sounds like a lot, but price needs to double just 3 times.
If the initial price is low, no big deal.
Posted by KamaCausey_LSU
Member since Apr 2013
15984 posts
Posted on 4/11/25 at 12:11 pm to
LSU Annual Tuition 2005:
In-state (resident) - $4,419
Nonresident - $12,719

LSU Annual Tuition 2025:
Resident - $12,472
Nonresident - $29,148

That's +182%.
This post was edited on 4/11/25 at 12:16 pm
Posted by sledgehammer
SWLA
Member since Oct 2020
5422 posts
Posted on 4/11/25 at 12:17 pm to
What does Charlie Kirk always say to college students? Oh yeah, he says college is a scam!
Posted by ragincajun03
Member since Nov 2007
24781 posts
Posted on 4/11/25 at 12:21 pm to
Need to scale back the hours of required fluff classes.

A ChemE major doesn’t need to be forced to take psychology and Greek philosophy.
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