Good job with your children!
I believe both lack of preparation and the preference for foreign students are true. Colleges make a lot of money on foreign students. I know we had a large number at my engineering college, and they paid somewhere upwards of 4x tuition. I think money drove all of it, though I must admit they probably supplemented my scholarship.
Good job with your children!
I believe both lack of preparation and the preference for foreign students are true. Colleges make a lot of money on foreign students. I know we had a large number at my engineering college, and they paid somewhere upwards of 4x tuition. I think money drove all of it, though I must admit they probably supplemented my scholarship.
And I am VERY worried for all of their futures...Saw some of your previous posts, and I think we are in same chapter if not on same page on some of these issues...
As you say...FOLLOW THE MONEY...Cronyism, regulation, and taxation have gutted out so much of the upward mobility and prosperity that was available to middle class in decades past. Yes, some of my kids’ scholarship money may have come from foreign students...4x tuition for foreign students tuition is huge...and if the economy was better, etc. I probably would not be so frustrated with the system...Then again I consider that the Universities have spent bundles of $$ on lavish building projects to make their schools seem more like resorts than institutions of higher learning thereby raising tuition for everybody...Kids getting loans really seem oblivious to all the costs going up...until they have to start paying back the loans...
Oh and my kids all graduated with zero debt—not easy with tuition and books skyrocketing, but they are still impacted if/when they marry students with huge loan balances like some have!
I know it won’t be easy, but I hope Trump gets in and can address some of these vexing problems by cleaning house in DC!!
Best to you and yours!