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re: Should state colleges cap their tuition and fees?

Posted on 8/19/15 at 3:14 pm to
Posted by yellowfin
Coastal Bar
Member since May 2006
99045 posts
Posted on 8/19/15 at 3:14 pm to
quote:

We're preparing to have a child and I was looking into putting money aside for college savings. Some government website was estimating college expenses for a 4 year public instate university to be $250k.

ETA: in 18 years


I'm saving on a pace to have 200k per kid when they enter college
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 8/19/15 at 3:17 pm to
quote:

They can garnish your wages.


minor repercussions with highly devalued settlements spread out over very long terms


quote:

I'd say it's less risky than a mortgage but there's no asset to repossess upon default.
Posted by yellowfin
Coastal Bar
Member since May 2006
99045 posts
Posted on 8/19/15 at 3:19 pm to
quote:

Merit and intelligence should decided who deserves a degree, not money.




I'm all for scholarships for the cream of the crop high school students but if you can't qualify for a scholarship or pay for it yourself it's time to go to work.
Posted by NYNolaguy1
Member since May 2011
21849 posts
Posted on 8/19/15 at 3:19 pm to
Here's the problem- state schools are for the most part easy to get into. This creates huge demand. Because every student can afford college via loans, they have no trouble affording it at the time- it also means colleges can charge whatever they want to without fear of a decline in students.

The market is artificially inflated right now.
This post was edited on 8/19/15 at 3:42 pm
Posted by ULSU
Tasmania
Member since Jan 2014
3931 posts
Posted on 8/19/15 at 3:23 pm to
quote:

If they cap tuition they'll have to stabilize administrator and teacher salaries and benefit plans


Fify

The mission of state universities should be to provide a quality education to its masses. Private schools can have a totally different mission (is to develop alumni that will succeed and give).
This post was edited on 8/19/15 at 3:25 pm
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 8/19/15 at 3:33 pm to
quote:

The mission of state universities should be to provide a quality education to its masses.


The mission should be and is, sustainability, just like pretty much every other non profit or charity. People have a hard time grasping this. What good are these institution if they are unable to survive. Survival forces you to make non-Utopian decisions for the greater good. People want a hell of a lot, yet complain every April when they have to pay that annual bill.
This post was edited on 8/19/15 at 3:35 pm
Posted by Overbrook
Member since May 2013
6419 posts
Posted on 8/19/15 at 3:33 pm to
They really need to cull the herd on graduate/research programs as well. I realize ULL and Tech and UNO are "Carnegie 2" institutions, but they get a pittance in federal research dollars. i.e. state taxpayers finance a lot of it. I've seen enough - run the research out of LSU and Tulane.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 8/19/15 at 3:39 pm to
quote:

The mission should be and is, sustainability, just like pretty much every other non profit or charity. People have a hard time grasping this. What good are these institution if they are unable to survive. Survival forces you to make non-Utopian decisions for the greater good. People want a hell of a lot, yet complain every April when they have to pay that annual bill.


Survival? Do you see some of the dorms and other facilities universities are building these days?
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 8/19/15 at 3:41 pm to
quote:

Do you see some of the dorms and other facilities universities are building these days?


Yes, if you dont understand why they are needed, then I cant really help ya.

Have you seen the payrolls and facilities of non profits?
Posted by NYNolaguy1
Member since May 2011
21849 posts
Posted on 8/19/15 at 3:43 pm to
quote:

but they get a pittance in federal research dollars. i.e. state taxpayers finance a lot of it. I've seen enough - run the research out of LSU and Tulane.



If Tulane had an engineering college I would be more inclined to agree with you. As it stands you cant get a ME, CE, or EE degree there anymore. Its been that way since Katrina.

UNO is the only place in NOLA where you can get any one of tbose engineering degrees.
This post was edited on 8/19/15 at 3:47 pm
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 8/19/15 at 3:48 pm to
quote:

It is a bit more complex.

Will an artificial price ceiling make this part of the problem worse, or better?
Posted by dreaux
baton rouge
Member since Oct 2006
40882 posts
Posted on 8/19/15 at 4:25 pm to
quote:

You want to attend college? Pay for it yourself. It is ultimately an investment in yourself. If you incur huge student loans and can not pay them....to bad, you made a bad investment. Personal Responsibility.


You sound like a pious, spoon fed a-hole. My parents went to lsu for $100 a semester. Tuition is far outpacing inflation..something is not right here. It's turned into another racket
This post was edited on 8/19/15 at 4:26 pm
Posted by lsucoonass
shreveport and east texas
Member since Nov 2003
70143 posts
Posted on 8/19/15 at 4:30 pm to
Why exactly are they going up?

I never had to pay tuition in under or grad school. I did have to use a student loan in grad school to pay for student housing however.
Posted by tigerinthebueche
Member since Oct 2010
38241 posts
Posted on 8/19/15 at 4:38 pm to
quote:

You sound like a pious, spoon fed a-hole.




you sound like an immature little bitch.


quote:

My parents went to lsu for $100 a semester.



wow, so things were less expensive 50 years ago! Who knew?


quote:

. Tuition is far outpacing inflation..something is not right here. It's turned into another racket


yes it has. Just like pick up trucks, bourbon, high end scotch, and air travel. and just like those, you can choose not to buy them.
You sound like an immature, entitled, bitch now.

you want college, pay for it. You don't, don't. But dont expect everyone else to pay for it or expect the system to change to accommodate you.
Posted by moneyg
Member since Jun 2006
63701 posts
Posted on 8/19/15 at 4:42 pm to
quote:

The rising costs of tuition and fees is nauseating for state universities. My son has been looking around at the University of Illinois, Indiana University and a few private Ohio and Illinois colleges. The cost of state university tuition is surprising.

The rough average I've found is:
In-state resident ~ $11,000
Out of state ~ $30,000
That's not factoring in rent, utilities, food, books, etc.

I've encouraged him to look outside the B1G area, but I just stumbled across the University of Tennessee's tuition (we have family in the Middle Tennessee area). In-state = $10,678 and out of state = $29,000.

Should the government cap" tuition for state colleges? I'm not calling for uniform tuition and fees, but a ceiling on costs?

For example:
In-state cap is $9,500
Out of state cap is $24,000

Excuse typos...on my cell



Are you asking if the Federal government should have the authority to cap state college tuitions?

I would say that not only should the Fed govt not have that authority, but logically states should be able to set their own cost structure for its universities to meet whatever goals and objectives are in the best interests of its residents.
Posted by Jax-Tiger
Vero Beach, FL
Member since Jan 2005
28240 posts
Posted on 8/19/15 at 4:43 pm to
quote:

I think it's the next bubble to burst. Kids can't graduate with a Liberal Arts degree and $150k of student loans to work at Starbucks. It's an unsustainable model.


Why don't we let the free market handle it. If I'm a bank, I wouldn't loan $150K to a liberal arts student.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/19/15 at 4:46 pm to
quote:



Why don't we let the free market handle it. If I'm a bank, I wouldn't loan $150K to a liberal arts student.


I could be wrong but I don't think banks ask what your major is when they take loan applications.
Posted by lsu777
Lake Charles
Member since Jan 2004
38775 posts
Posted on 8/19/15 at 4:50 pm to
no and state colleges should receive zero tax money. Want to attend college, pay for it yourself. The tax payers shouldn't subsidize your education.

Bring on the down votes.
Posted by dreaux
baton rouge
Member since Oct 2006
40882 posts
Posted on 8/19/15 at 4:50 pm to
Now you just sound uneducated, ignorant and bitter. Both sides have an argument, idealist like you would just rather ignore the problem and declare a winner. I mean, why subsidize education on a scale that's fair for everyone..?? Are you saying that's not possible..?? How about take money for entitlements for people that don't want to do shite and help someone who wants to better their life. You honestly believe that administrative duties and cost cannot be better managed..?? Really...??

I know your answer and I also know why.
Posted by Jax-Tiger
Vero Beach, FL
Member since Jan 2005
28240 posts
Posted on 8/19/15 at 4:50 pm to
quote:

I could be wrong but I don't think banks ask what your major is when they take loan applications.


I don't know, either, but they should. Isn't that the equivalent of not asking someone how much money they make before loaning them money for a house? You should have a reasonable expectation that they can pay back the loan before approving it.

You don't need a loan to get a college education. You can go to community college for two years and save a ton of money, before transferring to a 4 year school. The degree reads the same, whether you go to the 4 year school for 2 years, or all 4.
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