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Why do universities charge exorbitant tuitions for a worthless education?

Posted on 8/24/22 at 7:18 pm
Posted by TulaneFan
Slidell, LA
Member since Jan 2008
14092 posts
Posted on 8/24/22 at 7:18 pm
Lost in all the student loan bullshite is the bigger question… why does it cost an excess of $20K a year to take mostly online courses so some burnout English professor can make a 6 figure salary to type “orange man bad” on a laptop all day?
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
46855 posts
Posted on 8/24/22 at 7:19 pm to
1. Because they can.

2. Indoctrination.

3. Money laundering for the Marxist regime.
Posted by Bulldogblitz
In my house
Member since Dec 2018
28161 posts
Posted on 8/24/22 at 7:19 pm to
quote:

Why do universities charge exorbitant tuitions for a worthless education?


Why do people choose worthless degrees?
Posted by dietcoke7
LA
Member since Aug 2007
1206 posts
Posted on 8/24/22 at 7:20 pm to
Because idiots will sign up for worthless degrees because daddy will pay for it and loans are available to cover living expenses.
Posted by oldskule
Down South
Member since Mar 2016
25109 posts
Posted on 8/24/22 at 7:20 pm to
So you can go to college athletic events.
Posted by theRealJesseD
Member since Nov 2021
4706 posts
Posted on 8/24/22 at 7:21 pm to
quote:

so some burnout English professor can make a 6 figure salary to type “orange man bad” on a laptop all day
Posted by furrydogs
USA
Member since Oct 2007
473 posts
Posted on 8/24/22 at 7:21 pm to
Because the federal government is subsidizing them.
Kind of like why our primary education system sucks. Government f's everything up.
Posted by Vacherie Saint
Member since Aug 2015
47533 posts
Posted on 8/24/22 at 7:21 pm to
The student loan model is similar to the health insurance model. It separates the consumer from the payment of the product in a way that desensitizes them from price constraints. That will generally force prices upward. Universities take advantage of this by cranking out worthless, overpriced degree programs to catch as many suckers as possible. They do the same with corporate tuition assistance, which has given rise to expensive, low quality EMBA programs.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35866 posts
Posted on 8/24/22 at 7:22 pm to
College is quickly becoming obsolete. The totality of human knowledge is instantly available from the palm of your hand.

75% of universities will be ghost towns in a generation.

Posted by TulaneFan
Slidell, LA
Member since Jan 2008
14092 posts
Posted on 8/24/22 at 7:27 pm to
quote:

So you can go to college athletic events.

I’ve boycotted my college team for years

Can you say the same?
Posted by ezride25
Constitutional Republic
Member since Nov 2008
26539 posts
Posted on 8/24/22 at 7:28 pm to
Because college girls are easy.
Posted by Rip Torn
Member since Mar 2020
6035 posts
Posted on 8/24/22 at 7:30 pm to
Because there are a lot of stupid people out there
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
12170 posts
Posted on 8/24/22 at 7:31 pm to
quote:

Why do people choose worthless degrees?

Why are they able to charge whatever tf they want for a degree that clearly has no chance of delivering a ROI?
Posted by armsdealer
Member since Feb 2016
12295 posts
Posted on 8/24/22 at 7:33 pm to
1000000% because of the easy student loan money.

It is the reason everything goes up in price.

Houses in the 2000's and 2010's?

New car prices... $80k 7 year loans with no income verification?

I am not against student loans but I think the universities need to have skin in the game. They need to be incentivized to provide an education and have their students pass. Schools that aren't passing a proper amount of students shouldn't be eligible to receive money from student loans. It would be fantastic if the schools had to back the loans too in some way.

The only positive from todays announcement is they signaled they want to do something about the increasing cost of education... the bad thing is they want to give away more money to bring costs down... that is just going to push the price up more.
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 8/24/22 at 7:36 pm to
They do it because they know people will be stupid enough to pay it.
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
12170 posts
Posted on 8/24/22 at 7:36 pm to
quote:

I am not against student loans but I think the universities need to have skin in the game. They need to be incentivized to

This x1000.

It’s easy to blame 18 year olds who are…to put it nicely….not completely “mature,” but these university administrators know exactly what they are doing.
Posted by AkronTiger
2025 NFL Survivor Champion
Member since May 2021
2932 posts
Posted on 8/24/22 at 7:38 pm to
quote:

Why do people pay exorbitant tuitions for a worthless education?
This post was edited on 8/24/22 at 7:38 pm
Posted by jimmarley
Southeast
Member since May 2020
1600 posts
Posted on 8/24/22 at 7:43 pm to
A lot of trade school grads make big bucks.
Get a marketable education- not some BS degree in women's studies or art history.
Posted by bigblake
Member since Jun 2011
2603 posts
Posted on 8/24/22 at 7:54 pm to
(no message)
This post was edited on 9/3/23 at 5:02 pm
Posted by Bulldogblitz
In my house
Member since Dec 2018
28161 posts
Posted on 8/24/22 at 8:00 pm to
quote:

Why are they able to charge whatever tf they want for a degree that clearly has no chance of delivering a ROI?


The same reason why they sell yellow hummers.
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