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Why College Is So Expensive, And How To Fix It
Foebes ^ | 1 Mar, 2016 | Ethan Siegel

Posted on 03/03/2016 6:45:14 PM PST by MtnClimber

It's no secret that a college education in America is more expensive than it's ever been. With tuitions at many Universities now exceeding $40,000 per year, even a plethora of financial aid opportunities and scholarships leave the average student approaching or upwards of six figures in debt as a result of their four year degree. At the same time, while tuitions have skyrocketed, the number of full-time, tenured (or tenure-track) faculty have barely increased at all, while the number of part-time adjuncts (usually without benefits) have made up the gap. You don't need to be a math professor to know that this doesn't add up: students are paying more than ever, while there hasn't been a real increase in the number or salary of full-time professors. It's no secret where all the money has gone, though. It's gone to administrative overhead, as that’s where the majority of "growth" in colleges have been.

(Excerpt) Read more at forbes.com ...


TOPICS: Education
KEYWORDS: colleges; education
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1 posted on 03/03/2016 6:45:14 PM PST by MtnClimber
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To: MtnClimber

The liberal way....elitists who are highly paid that don’t really do anything.


2 posted on 03/03/2016 6:46:29 PM PST by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

Go to a JC.

No one really cares if you went to some big name college...


3 posted on 03/03/2016 6:46:45 PM PST by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: MtnClimber
Make it free? </Bernie>
4 posted on 03/03/2016 6:46:46 PM PST by PROCON
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To: MtnClimber
Outlaw student loans.

College has gone up 1000% since 1980 for one reason, and one reason only. Eighteen-year olds are dumb and student loans are easy to get. The students will borrow whatever the college tells them they need. Colleges have been exploiting them for decades.

5 posted on 03/03/2016 6:48:38 PM PST by E. Pluribus Unum ("The goal of socialism is communism... Hatred is the basis of communism" --Vladimir Lenin)
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To: MtnClimber

6 posted on 03/03/2016 6:52:01 PM PST by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: E. Pluribus Unum

Lots of good graphs at link showing how college tuition and book costs have gone up so much faster than other costs and salaries in society. A graph clearly shows how administrative positions have gone up so much faster than student population.


7 posted on 03/03/2016 6:52:16 PM PST by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

Fix it? Just stop the state and federal subsidies and they’ll have to compete again.


8 posted on 03/03/2016 6:53:25 PM PST by Fledermaus (Trump: I Don't Trust Him. Pandering isn't pretty.)
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To: MtnClimber

Of course. All fueled by never ending government subsidy either directly or “loaning” the money to students.

It’s no wonder the feds took over the college loan industry for itself.

And never forget, these are their indoctrination camps. They’ll die before they lose them.


9 posted on 03/03/2016 6:54:54 PM PST by Fledermaus (Trump: I Don't Trust Him. Pandering isn't pretty.)
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To: MtnClimber
The colleges could charge whatever they wanted because the students would borrow whatever was required.

Now they are buried in debt and can't buy things like cars and houses.

The colleges stole it all.

10 posted on 03/03/2016 6:56:06 PM PST by E. Pluribus Unum ("The goal of socialism is communism... Hatred is the basis of communism" --Vladimir Lenin)
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To: MtnClimber

Pay professors what E1s make.


11 posted on 03/03/2016 6:58:23 PM PST by Prolixus (Proud to be on Hillary's "Enemies List")
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To: E. Pluribus Unum

And that ties in with the notion so many have, that their kids must go to college, preferably a prestigious private college, and the cost doesn’t matter.

But then, some come out with degrees in subjects which dont translate into job and career fields in our economy.

If you rack up college debt and end up working at Starbucks or Target, your college education didn’t qualify you for a career field which would give you a good paying job in order to pay off the debt.

Student loans may make sense if you study nursing,,accounting, various fields in the hard sciences. But they make no sense if you get a worthless degree in women’s studies, black studies, or English literature. If you get a degree in a field in which the degree won’t qualify you for a job or career, good luck.


12 posted on 03/03/2016 7:02:27 PM PST by Dilbert San Diego
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To: MtnClimber

Because it’s government subsidized, get rid of government guaranteed student loans and see how quickly tuition rates fall.


13 posted on 03/03/2016 7:04:13 PM PST by Truthsearcher
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To: MtnClimber

Use Trumps University. Under 75% costs and 98% success.


14 posted on 03/03/2016 7:35:26 PM PST by keving (We get the government we vote forever)
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To: MtnClimber

End tenure, and make professors actually teach.
Grade them on quality of publications, not number of published papers, so they don’t demand so much time for useless research.
End cost shifting. Everyone pays the same rate barring scholarships. But routine cost shifting to all minorities raises tuition for the rest.
Abandon the facilities arms race to build sports and recreation facilities that rival luxury resorts. No college needs a climbing wall or on site spa.
Eliminate remedial classes. If you need those classes, go back to community college instead of paying premium prices and taking up a slot that could go to a more qualified student.
Eliminate the sympathy gimmicks with international students, where they are brought in supposedly to pay a higher rate than in state tuition to subsidize others and then get scholarships, grants and work study positions at the cost of taxpayers to make it more fair. I’ve witnessed this personally.
Stop rewriting the text books every two or three years to prevent their reuse. This is true for K-12 schools as well.
Eliminate useless courses. It is a sin and should be a crime to take taxpayer money to teach a class on modern pop stars as literature and force many students to take out un-bankruptable loans to earn useless credits. This could be expanded to eliminate all but a few ethnic and gender studies courses, because the degree is essentially useless in the workforce but for a few community organizers.
Encourage freshmen to pick a field of study and give them career counseling on the opportunities (or lack thereof) based on that field of study.
Allow more transference of AP and CLEM credits, as well as credit by exams.


15 posted on 03/03/2016 8:11:51 PM PST by tbw2
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To: tbw2
Wow! Your plan seems great for taxpayers AND students, but not so good for government bureaucrat slackers. I like it!
16 posted on 03/03/2016 8:18:01 PM PST by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: Vendome

“No one really cares if you went to some big name college...”

Perhaps not for a BA or BS.

I’d cut the supply of publicly funded drugs(money) for tuition. It’s like throwing money down the toilet. The posted tuition is like paying the “customary rate” at a hospital (bloated bills for the same reason as bloated tuitions); only very rich or very stupid people pay those prices. If the average student is getting 50% of their tuition paid by scholarships...the logical thing to do is raise tuition 50%!


17 posted on 03/03/2016 8:20:15 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day".)
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To: MtnClimber

Online education. Do away with professors and books. Increased competition.


18 posted on 03/03/2016 8:20:32 PM PST by Larry Lucido
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To: MtnClimber

Or Trump University. It’s only $30,000.


19 posted on 03/03/2016 8:21:03 PM PST by Larry Lucido
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To: MtnClimber

Fire all the current admins and lower the pay for new ones and get rid of those worthless courses along with the teachers. No state or federal loans. The students have to get their own from private business who will only give to those that take courses that have a chance of making decent money so the loans can be paid back. Plus remove any student who decides to protest along with the teachers who put them up to it.


20 posted on 03/03/2016 8:38:47 PM PST by minnesota_bound
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