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re: University set to charge students nearly six figures per year
Posted on 4/1/26 at 2:59 pm to djmed
Posted on 4/1/26 at 2:59 pm to djmed
No university accepting any public money should be charging more than $20,000 per year for four-year undergraduate studies.
Let's be real honest: The rules of GAAP accounting and economics have changed basically ZERO in the past fifty years. Same with engineering, gravity, physics, etc...
Most community colleges can teach that stuff in two years.
Where is the disconnect other than marketing, f***iing off, and drinking?
Lest y'all think I am a sour grapes dropout or somehting, I have a doctorate and did plenty of fun distractions in my years in collegiate places, well over four of them.
Let's be real honest: The rules of GAAP accounting and economics have changed basically ZERO in the past fifty years. Same with engineering, gravity, physics, etc...
Most community colleges can teach that stuff in two years.
Where is the disconnect other than marketing, f***iing off, and drinking?
Lest y'all think I am a sour grapes dropout or somehting, I have a doctorate and did plenty of fun distractions in my years in collegiate places, well over four of them.
0
Posted on 4/1/26 at 3:01 pm to Ostrich
quote:
That figure includes room and board and transportation, etc. Still high but that inflates it
This is something that most of us never really tabulated for our own experience. My fee bill may have only been a few grand a semester. But never kept track of my food, housing, gas, insurance, etc. while I was in school. I wouldn't doubt I spent 25-30k a year 20 years ago at a public institution
Posted on 4/1/26 at 3:20 pm to jbgleason
quote:
The issue here is that the government has propped up these institutions and hasn't allowed the Free Market to dictate pricing. Someone should publish an in-depth study showing how much all the Administrators at these public universities are making.
Posted on 4/1/26 at 3:26 pm to djmed
SMU is $93k. TCU is not far behind.
There is no downward pressure on any of the schools (LSU included) to lower costs. As long as the government is sponsoring loans to everyone and their mother, and schools are lowering their standards for admissions, costs will continue to climb.
There is no downward pressure on any of the schools (LSU included) to lower costs. As long as the government is sponsoring loans to everyone and their mother, and schools are lowering their standards for admissions, costs will continue to climb.
Posted on 4/1/26 at 3:32 pm to Shexter
I was about to say, obviously the OP isn’t paying tuition for Tulane.
Posted on 4/1/26 at 3:34 pm to djmed
Approximately 20–40% of George Washington University (GWU) undergraduate students pay the full "sticker price" for tuition, as around 60% to over 75% of students receive some form of financial aid, including institutional scholarships or need-based grants. In the 2023-2024 academic year, 51% of first-year students received need-based financial aid.
Aid Recipients: Roughly 60%–79% of students receive financial aid.
Institutional Aid: Approximately 77% of students receive institutional grant aid, with an average award of roughly $33,965.
Merit/Need-Based: The school offers merit scholarships and meets 91% of demonstrated financial need for applicants.
First-Year Aid: The average need-based scholarship or grant for first-year students is over $43,000.
Aid Recipients: Roughly 60%–79% of students receive financial aid.
Institutional Aid: Approximately 77% of students receive institutional grant aid, with an average award of roughly $33,965.
Merit/Need-Based: The school offers merit scholarships and meets 91% of demonstrated financial need for applicants.
First-Year Aid: The average need-based scholarship or grant for first-year students is over $43,000.
Posted on 4/1/26 at 3:35 pm to SmelvinRat
If only there was one local to him
Posted on 4/1/26 at 3:46 pm to djmed
College is a scam. I'd rather hire someone as a white collar apprentice and teach them the work than hire a newly brainwashed college graduate.
Posted on 4/1/26 at 6:49 pm to djmed
One out of three will pay full tuition. Diversity types go free.
This post was edited on 4/1/26 at 6:50 pm
Posted on 4/1/26 at 7:02 pm to SouthPlains
I told my grandson to learn a trade
Posted on 4/1/26 at 7:18 pm to djmed
Do DC residents get instate tuition in Maryland or Virginia? My kids all went to Virginia Universities because that’s where we lived and daddy wasn’t paying out of state tuition. Virginia even gives tuition breaks at their private universities for residents.
Posted on 4/1/26 at 7:20 pm to Cosmo
quote:
Government backed student loans shouldnt exist
Its basically fraud to keep all these expensive private universities open.
It is public-facing fraud and student loan debt should be dismissable in bankruptcy court with schools being on the hook for part of the payments. shite would be straightened out quickly.
This post was edited on 4/1/26 at 8:52 pm
Posted on 4/1/26 at 7:20 pm to djmed
Everybody in this thread, who says government should not pay for these, etc., etc. are also the same parents who are telling their kids to go to college
Posted on 4/1/26 at 9:17 pm to Jon A thon
quote:
This is something that most of us never really tabulated for our own experience. My fee bill may have only been a few grand a semester. But never kept track of my food, housing, gas, insurance, etc. while I was in school. I wouldn't doubt I spent 25-30k a year 20 years ago at a public institution
The other thing no one ever tabulates is time value of money. Basically the prices go up 5% a year like clockwork. No different than every other governments' budget.
Same can be said for private high school tuition.
Posted on 4/1/26 at 10:17 pm to Dee_oh_Dee
quote:
Approximately 20–40% of George Washington University (GWU) undergraduate students pay the full "sticker price" for tuition, as around 60% to over 75% of students receive some form of financial aid, including institutional scholarships or need-based grants. In the 2023-2024 academic year, 51% of first-year students received need-based financial aid.
Aid Recipients: Roughly 60%–79% of students receive financial aid.
Institutional Aid: Approximately 77% of students receive institutional grant aid, with an average award of roughly $33,965.
Merit/Need-Based: The school offers merit scholarships and meets 91% of demonstrated financial need for applicants.
First-Year Aid: The average need-based scholarship or grant for first-year students is over $43,000.
In other words, if your parents are still married, make around $100k per year, or more, and saved all of your life to give you a modest 529, don't bother applying, especially if you don't check any of their DEI boxes.
Posted on 4/2/26 at 6:52 am to TheRealTigerHorn
There’s a quote from Good Will Hunting that I like: “You wasted $150,000 on an education you could have gotten for $1.50 in late fees at the public library.”
This has even more truth to it now since we all carry pretty much the entirety of human knowledge with us every minute of every day.
100 Ivy League scholars are no match for a dumbass with a smartphone, and if you really want to be an expert on the Great Depression or Napoleonic Wars or the Roman Empire or whatever, you don’t need college for it.
In a lot ways, a college degree is just expensive proof of knowledge.
This has even more truth to it now since we all carry pretty much the entirety of human knowledge with us every minute of every day.
100 Ivy League scholars are no match for a dumbass with a smartphone, and if you really want to be an expert on the Great Depression or Napoleonic Wars or the Roman Empire or whatever, you don’t need college for it.
In a lot ways, a college degree is just expensive proof of knowledge.
Posted on 4/2/26 at 7:04 am to djmed
At those prices I tell my kid to go to community college for two years and transfer for junior year.
Posted on 4/2/26 at 7:10 am to djmed
Baylor: Tuition Only: ~$67,756 per year (based on 2026 estimates).
Add in room/board/food/books
We have a friend who's father paid $367,000.00 for her to attend Baylor for four years.
After graduation she got a job at the DMV making $32,000 a year
Add in room/board/food/books
We have a friend who's father paid $367,000.00 for her to attend Baylor for four years.
After graduation she got a job at the DMV making $32,000 a year
This post was edited on 4/2/26 at 7:17 am
Posted on 4/2/26 at 7:13 am to The Torch
quote:
We have a friend who's father paid $367,000.00 for her to attend Baylor for four years.
Parents have lost their minds, enjoy working til 80
Posted on 4/2/26 at 7:43 am to djmed
Damn. Say what you will about the Soviets, but at least they didn’t charge an arm and a leg for their political reeducation camps.
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