I objected to my son’s tuition increase last year, and demanded an explanation. I ended up having lunch with the CFO of the University.
He “explained” that students “demand” more stuff - so in an effort to “compete” they “must” have a world-class fitness facility, ever-more opulent dorms, and expensive weekend entertainment. Yet, as he explained, other universities that are ever more opulent are still “kicking our ass”.
I reviewed the financials. It’s amusing how the various fees, tuition, meal plans and everything else simply goes into a single pot of money from which it is drained faster than it accumulates.
He said they are lowering SAT requirements, going to adjunct professors more and more.
So it’s a race to pamper students and lower academic standards and rigor to get as much student loan money in the door as possible.
It was an amusing view, that’s for sure.
I just needed proof of what I knew already - Universities are about loan money flow - and everything else.....EVERYTHING else is secondary to getting a gullible future debt-slave to show up, have a good time for a few years and get spit out penniless and unemployable.
“Universities are about loan money flow...”
Worth repeating.
I just decided to start a semester at the local community college (at 54?). A semester’s tuition will run me about $1,000. If I went to a university, it would be over $5,000, and the class size would go way up.
Community colleges still try to teach. Universities are all about getting cash from student loans, and screw what happens to the students after they leave.
Tuition costs are completely sanctioned by those who pay and those who condone that their children go into debt. grown children are led into this farce by teachers and parentswho simply refuse refuse to condone thought.
A college student at a $40,000 per year (that’s just tuition) school says she cannot do well when her nstructors are bad teachers, often often cannot understand their speaking language, which is not english, it’s a mangling of it, incurs debt while their parents simply shake their heads.
Imagine the debt they rack up while they refuse to demand quality for their investment.
That dowsnt’ even touch on the socialization (brainwashing ) they incur. They are taught to not think for their investment.
Marriage and family for these kids? after all of this, they are strapped to a job which serves to pay the tuition.
the smart kids are looking at what they want to do when they get into the working world and making their education work for them.
Two degrees cost me, with rom, board and a job with life long job options, $8,000 total. at state universities.
Equal to that now would be like at 180 cr or 6 yrs at a state school, what 100 g before room and board?
What in America inflates at that rate?
Kids need to rethink this and their dopey mothers who don’t look at cost per value need to step aside or assist in the decision making process.
just say NO to this.
It is the biggest rip off known, ever.