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re: Rice University announces free tuition for middle income undergraduate students

Posted on 9/18/18 at 9:47 am to
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 9/18/18 at 9:47 am to
quote:

Economics bro. The value of anything drops if you start giving the shite away.


The ignorance continues.

The value of a Rice education is not based on what you pay to attend the school. It's mostly based on the success of the student body, and making Rice more affordable also makes it more competitive for elite students.
Posted by chRxis
None of your fricking business
Member since Feb 2008
28262 posts
Posted on 9/18/18 at 9:48 am to
quote:

More punishing of the successful.


what EXACTLY did you mean with this word? again, i'll remind you, you just admitted that you know the parents can send their kid anywhere....
Posted by chRxis
None of your fricking business
Member since Feb 2008
28262 posts
Posted on 9/18/18 at 9:49 am to
quote:

It’s not about what you make it’s about what gets reported


This post was edited on 9/18/18 at 9:50 am
Posted by TxTiger82
Member since Sep 2004
34329 posts
Posted on 9/18/18 at 9:51 am to
quote:

"successful" parents can send their kids to a multitude of colleges, no further than 3 hours from Rice, that are just as good, if not better, in some programs...



Rice is ranked #16 in the USNWR and its peers in the region are schools like Duke, Vanderbilt, Emory, Georgetown, and Washington St. Louis. There are no colleges within 3 hours that are "just as good" as Rice. Even Texas A&M is well down the list in comparison.

Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 9/18/18 at 9:52 am to
Great school, but every Rice grad I know is a little quirky/off.
Posted by Jake88
Member since Apr 2005
80825 posts
Posted on 9/18/18 at 9:52 am to
It means what it says.
Posted by chRxis
None of your fricking business
Member since Feb 2008
28262 posts
Posted on 9/18/18 at 9:54 am to
quote:

in some programs...


didn't say, overall, there were better schools than Rice w/in 3 hours... i said "some programs"... i know they are an elite academic institution.... that's why they suck in football, like most of the other elite academics....
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
77695 posts
Posted on 9/18/18 at 9:54 am to
quote:

Great school, but every Rice grad I know is a little quirky/off.


Mine is admittedly a limited sample, but the only one I know of is a fricking idiot. And likely a homosexual.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 9/18/18 at 9:55 am to
quote:

Great school, but every Rice grad I know is a little quirky/off.





Expand your base maybe?
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 9/18/18 at 9:55 am to
quote:

Right up until these grads enter the job market and employers start questioning the quality of a non-scholarship free degree.


It is a scholarship.

quote:

EDIT: Apparently the board is full of idiots who think that a business can slash its costs and keep the same product quality.


In this case the business (Rice) increased revenue from one source (endowment) to offset the losses in revenue from another (tuition). The quality of the program is unchanged.
This post was edited on 9/18/18 at 9:56 am
Posted by chRxis
None of your fricking business
Member since Feb 2008
28262 posts
Posted on 9/18/18 at 9:56 am to
quote:

It means what it says.

so, by what YOU have SAID, thus far, these parents are choosing to be punished by willingly choosing to send their kid to Rice... does the entire "punished", now that you see it in context, make sense to you, because it really shouldn't...

Posted by TxTiger82
Member since Sep 2004
34329 posts
Posted on 9/18/18 at 9:56 am to
quote:

The ignorance continues.


It doesn't fit with their ideology, so it is causing them a bit of cognitive dissonance. They will deny facts, distort reality, and make uninformed prognostications to avoid having to deal with it.
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 9/18/18 at 9:56 am to
quote:

Mine is admittedly a limited sample, but the only one I know of is a fricking idiot. And likely a homosexual.



Most (not all) that I know are physicians, quirky but not idiots.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37470 posts
Posted on 9/18/18 at 10:01 am to
I think it's kinda fricked up that the students are evaluated based upon their parents' income. It would make sense if parents were obligated to provide for their children after the age of 18, but I would assume there are plenty of parents who make 200k per year and don't pay their kid's tuition.
This post was edited on 9/18/18 at 10:06 am
Posted by Steadyhands
Slightly above I-10
Member since May 2016
7203 posts
Posted on 9/18/18 at 10:01 am to
quote:

At what point did I say it was forced upon anyone?



You didn't. However, you did say that this is punishing the success of the parents making 215k. The success of parents is not directly linked to the child's success or ability to attend a school.
As I said in my original post, it is very likely that the requirements to be accepted to this school are at the level where all kids will likely have academic scholarships. If not to Rice, then certainly somewhere else. So relatively speaking, if you have to pay 40k out of pocket for your child to attend, then your child is dumb compared to a lot of the other students.
Also, academic scholarships are not awarded based upon success of parents. Where as, these scholarships are based somewhat upon success of parents, but they will be limited to the student's ability to get accepted.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 9/18/18 at 10:05 am to
quote:

I think it's kinda fricked up that the students are evaluated based upon their parents income.


They’re evaluated based on their academic merit. Then scholarships are available based on their family contribution/income.

quote:

It would make sense if parents were obligated to provide for their children after the age of 18, but I would assume there are plenty of parents who make 200k per year and don't pay their kid's tuition.


The parents can choose to not claim their full-time student as a dependent, then.



Posted by Jake88
Member since Apr 2005
80825 posts
Posted on 9/18/18 at 10:05 am to
Again, it means what it says. It throws another variable into the equation when choosing a college and is a disincentive. Makes Rice a less enticing option if you're just over the limit by 10-30k. It devalues your 40k annually. I do disagree with other posters who suggest it devalues a Rice degree. Rice is and will be an excellent school.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37470 posts
Posted on 9/18/18 at 10:07 am to
quote:

The parents can choose to not claim their full-time student as a dependent, then.

If that occurs, can the student then claim that their parents made $0 so that they can qualify for the scholarship/loan?

I'm seriously asking, I'm not exactly sure how that works.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 9/18/18 at 10:07 am to
quote:

Makes Rice a less enticing option if you're just over the limit by 10-30k.


Rice has other scholarships...
Posted by Jake88
Member since Apr 2005
80825 posts
Posted on 9/18/18 at 10:11 am to
I know.
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