Tuition Costs

We all know this, but here's a good chart about how college tuition is completely outstripping average income. More here.

Loans are out of control. One of my students already has $80,000 in loans as an in-state student a public college.

A girl on my street is an honor student; her guidance counselor is pushing for her to apply to Harvard. Instead, she's going to a community college for two years, so she can qualify for the Star Scholarship program. The Star program is a NJ initiative. If you go to a community college for two years, they'll pay for your last two years at Rutgers. I'm hearing big enrollments next year at all sorts of community colleges.

Now will someone please tell me where this money is going? It's certainly not going to me.
College tuition

12 thoughts on “Tuition Costs

  1. Health insurance benefits. Marketing. Development. Facilities.
    One of the reasons why I oppose privatizing K-12 is because I worry about costs soaring the way they do in higher ed.

  2. I’m with MH. If I were her, I’d apply to Harvard anyway. If they want her bad enough, they’ll figure out how to make it work.
    As someone who taught at a community college, the last thing I’d want in my classroom is a Harvard-capable student. How am I supposed to give her the education she needs if I’m busy teaching the other 24 kids in the class who can barely string sentences together or identify a metaphor?
    If she’s Harvard material, then certainly she can find a college who’ll pay her way. Sheesh. Send her to my university.

  3. Wasn’t Princeton promising undergrads would have no loans? I suppose tha was before the market crash…
    I’d advise your neighbor to choose her CC carefully — they are not all alike. I teach at one that has a significant committment to the first two years of undergraduate ed. We have honors programs, an active honor society etc… others aren’t nearly that academically oriented.

  4. Harvard: Free if parents make <60K. For parents making as much as 120-180K, expenses (or tuition?) limited to 10% of income.
    Actual price: 50K/year
    I'm presuming the 2 year Rutger's scholarship is for tuition only? not tuition + living expenses?
    One should not avoid applying to Harvard because of expense — you can always turn them down later if it costs to much.
    (of course, no one knows how the +20% loss they just reported in their endowment is going to affect all of this).

  5. well, yeah, as the others say, Harvard’s worked really hard to be affordable to lower and middle income families. It’s the non-name-brand private schools that are really hurting; they can’t afford to compete on price with the publics, and they don’t have the endowments to offer the kind of aid that the Ivies can.
    Of course, she shouldn’t apply to Harvard if she doesn’t want to go there. For undergraduate education there are plenty of places she could do as well or better.

  6. What? you don’t have to apply to Harvard and go there just because you can? That’s not what my parents told me. (OK, not really, my parents aren’t like that. But plenty of others that I know are).

  7. we are holding our breath here for the next 12-14 days as almond joy applied early decision to columbia. whether she can get in or not is one issue, whether they will offer her enough money is certainly as crucial.

  8. I’d love to know where the money goes, too. I got a 1.9% raise last year, and that was a “merit” raise–which is larger than an “incremental” raise. The money certainly isn’t going to me or my colleagues. I’d make more money teaching high school. My sister with a high school education makes more money than I do.
    When I hear people complain about overpaid professors, I don’t know whether to laugh or cry…

  9. I’ve seen some really nice buildings going up. In fact, our whole neighborhood is going to be razed in the next couple years so the university can put up a shiny new dormitory complex.

  10. At public schools in ohio, tuition is rising mostly in response to decreases in state funding. At a school like the University of Cincinnati, this is also combined with significant non-academic expenses (mostly upgrades to old buildings or construction of new buildings).
    New dorms, wireless internet access, tech ready classrooms, all of it is expensive and all of it is a requirement to compete for students at alot of schools. And those requirements filter down to the smaller schools.

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