- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
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 2:25 pm
Posted on 4/30/22 at 2:25 pm
What changed? Why do we need so many more administrators per capita vs the 20th century?
Is it also due professor salary/lecturer salary increases?
Or is the increase mainly due to all this “free money” loan system giving colleges the incentive to build all sorts of snazzy structures and unnecessary amenities and passing on the cost?
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
Is it also due professor salary/lecturer salary increases?
Or is the increase mainly due to all this “free money” loan system giving colleges the incentive to build all sorts of snazzy structures and unnecessary amenities and passing on the cost?
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
This post was edited on 4/30/22 at 2:27 pm
42
Posted on 4/30/22 at 2:26 pm to HailHailtoMichigan!
Government backed student loans didn't help although I'm not sure that's the only cause.
Posted on 4/30/22 at 2:27 pm to HailHailtoMichigan!
Colleges realizing there’s no point in turning kids away when you can make bank by accepting as many people as possible especially when “free” money is attached to each one via government backed loans.
Posted on 4/30/22 at 2:29 pm to fallguy_1978
quote:
Government backed student loans didn't help although I'm not sure that's the only cause.
This is number one.
Also we now spend 10+ million a year on diversity department hiring.
I graduated LSU 30 years after my dad and adjusted for inflation the cost of my tuition was 6x his. I can tell you the value of my degree was not 6x his.
Posted on 4/30/22 at 2:29 pm to HailHailtoMichigan!
quote:
I don’t get why it is more costly for colleges to educate students now vs the 70s/80s
What changed? Why do we need so many more administrators per capita vs the 20th century?
Is it also due professor salary/lecturer salary increases?
Or is the increase mainly due to all this “free money” loan system giving colleges the incentive to build all sorts of snazzy structures and unnecessary amenities and passing on the cost?
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
#1, you don't understand the difference between price and cost.
Posted on 4/30/22 at 2:30 pm to cwil177
That’s exactly my point
Your dad was able to attend lsu at 6x less the cost as you
I’m guessing the quality of his experience wasn’t 6x less than yours
So what exactly is going on here
Is it pure unadulterated price gouging?
Your dad was able to attend lsu at 6x less the cost as you
I’m guessing the quality of his experience wasn’t 6x less than yours
So what exactly is going on here
Is it pure unadulterated price gouging?
Posted on 4/30/22 at 2:31 pm to cwil177
quote:
I graduated LSU 30 years after my dad and adjusted for inflation the cost of my tuition was 6x his. I can tell you the value of my degree was not 6x his.
I started LSU 26 years ago although the cost model was different pre TOPS. I do remember my part of tuition being like $1500 per semester when I started. It's probably 4x that now. Smaller schools like Southeastern were $1000/semester.
Posted on 4/30/22 at 2:31 pm to moneyg
quote:
#1, you don't understand the difference between price and cost.
Yes I do
Colleges are claiming that it is more COSTLY fo educate a student, which is why they RAISE PRICES (tuition)
My question is why it is more costly
Posted on 4/30/22 at 2:32 pm to HailHailtoMichigan!
Administration bloat is a big one across the nation, to my understanding
Posted on 4/30/22 at 2:32 pm to VermilionTiger
Yes. College got more expensive in 2021 exactly.
Posted on 4/30/22 at 2:34 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 got a BS in 1976 at a state school. lived on campus all 4 years, total cost for the degree, tuition, room and board, books, everything was $7000, it is way more than 4 times as expensive today.
Posted on 4/30/22 at 2:34 pm to fallguy_1978
For $1,500 per semester, to think you could get a bachelors degree where it would only cost you $12,000 is mind blowing at that time, compared to the inflated cost of tuition now.
This post was edited on 4/30/22 at 9:36 pm
Posted on 4/30/22 at 2:35 pm to HailHailtoMichigan!
We also told everyone that they needed to go to college which is ridiculous so a lot higher percentage of students attend 4 year universities now.
Posted on 4/30/22 at 2:36 pm to Breauxsif
quote:
For $1,500 per semester, to think you could get a bachelors degree where it would only cost you $12,000 is mine blowing at that time, compared to the inflated cost of tuition now.
Yep. I never took out student loans and didn't have TOPS either. Coming up with 3-4k per year and living in a shitty apartment was pretty doable with a part time job. My dad did help me pay for it too admittedly.
Posted on 4/30/22 at 2:39 pm to HailHailtoMichigan!
quote:I know some people who work for a non-profit. When I see their cars and houses (plural), I see where all the profit is. They also work in an industry which the government is heavily subsidizing. Industries will grow to be able to suck those government dollars up. So if you couldn't figure this out for yourself, you're welcome. Now that I've explained it, do you see it? If not, go post elsewhere.
Yes I do
Colleges are claiming that it is more COSTLY fo educate a student, which is why they RAISE PRICES (tuition)
My question is why it is more costly
Posted on 4/30/22 at 2:39 pm to fallguy_1978
quote:
Government backed student loans didn't help although I'm not sure that's the only cause.
Not the only cause, but was the major factor. Between guaranteed tuition and state/federal funding; there is nothing holding colleges to a budget. Nothing happens if they go over, they just ask for more money and raise tuition. Cut in State/Fed funding, raise tuition which is guaranteed to be paid.
This resulted in more admins, exorbitant salaries, more teachers/professors who teach fewer classes and now make more money…
Posted on 4/30/22 at 2:40 pm to HailHailtoMichigan!
quote:
Colleges are claiming that it is more COSTLY fo educate a student, which is why they RAISE PRICES (tuition) My question is why it is more costly
Are they claiming that?
Everything in the university system is bloated.
Professors make BANK. Get sabbaticals. Get a cushy schedule. Get actual tenure (makes what K12 teachers get look amateur).
Universities are constantly investing in infrastructure. They can claim it’s for recruitment purposes, but I think a lot of it is spending money just to spend money.
Way too many administrators and committees.
My advisor at Auburn made $250k/year and took an all expenses paid trip to Europe every year for “research.” This wasn’t a week trip. This was like 6 weeks. Had a 2/1 teaching load. Was tenured and published every few years.
And it’s absolutely all because students are given loans for college degrees like it’s free candy.
This post was edited on 4/30/22 at 2:42 pm
Posted on 4/30/22 at 2:40 pm to HailHailtoMichigan!
TOPS (Taylor Opportunity Program for Students) and government loans.
Universities do not need to keep their costs down when they are guaranteed government tuition money.
Lazy rivers probably do not help…….
Universities do not need to keep their costs down when they are guaranteed government tuition money.
Lazy rivers probably do not help…….
Posted on 4/30/22 at 2:42 pm to HailHailtoMichigan!
Student loans accessible to everyone. When there is unlimited money supply inflation is a result. Not a lot different than the economy now.
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News