Posted on 07/10/2014 8:23:56 AM PDT by SeekAndFind
As the average cost of higher education in America continues to rise, at least 50 American colleges and universities are now charging students more than $60,000 per year.
We found these numbers by examining the average cost of tuition, fees, room, and board that an incoming student would face over the 2014-15 academic year. Check out a more in-depth breakdown of the 20 most expensive colleges here >>
While these direct costs are a significant portion of the total cost of college, they alone do not reveal the true financial burden of higher education — students are also responsible for paying for textbooks, travel costs, and, of course, any social expenses. These "indirect costs" can often add up to an extra $2,000.
The most expensive school in the country for the upcoming school year is Harvey Mudd College, charging $64,527 — $48,694 in tuition and fees, and $15,833 for room and board.
(Excerpt) Read more at businessinsider.com ...
Obama actually went to two of them.
I love Bucknell - as an ancestor of mine founded it. But it ain’t worth no $60K/year. Sorry.
That’s sticker price. Anyone who pays sticker price is a fool.
Do they publish what the average student is actually paying? The eye-popping numbers are the rack rate paid by whitey and Asians, not what groups favored on the basis of “diversity” or other desirable criteria pay out of their own pockets.
Wow, we made it at #50!! HWS - Woo-hoo!
What might be a better analysis is to publish the average cost to a student when the aid is factored in. Very few kids pay this full sticker price today and to just list this as is can be pretty misleading. Make a Top 50 list out of that.
At Hobart and William Smith there is an endowment of about $200,000,000 for about 2250 total students. The interest and dividends on that are mainly slotted for aid:
The average freshman got over $24,000 against that $60,000, plus 20% of freshmen got about $7,000 in federal aid.
These sticker prices really are not the best guide.
At that price tag, it might almost be cheaper to go overseas for college. I’d think any university in Western Europe would be accepted by an American employer.
College professors and administrators need to put their paychecks where their income-inequality mouths are and not take any more than the average American is paid.
The problem is not necessarily the high cost of college education, it is the spin that goes with it that says you cannot prosper without college education and then LENDS money to the student to buy it regardless.
RE: That’s sticker price. Anyone who pays sticker price is a fool.
OK, what’s the average NON-STICKER price? (including board and lodging )
A small local private college I attended one year in the late 1960s charged about $350 per semester tuition then. Now, one semester tuition is about $11,750.
Make sure you add in ‘reproductive’ costs. About 287$ per year.
It’s supply and demand. A flood of cheap federal loans causes the universities to expand costs to the point necessary to soak up all available dollars. Eliminate federal student loans, and costs will collapse.
I think a fortune could be made through on-line education. Stream lectures, have tutors in chat forums, and no physical plant costs. On-line education could probably be accomplished for a couple of thousand bucks a year.
Actual cost depends on many factors including race, ethnicity, gender, political affiliation, family ancestry, school legacy, and oh....to some small extent, grades and test scores.
Attend a college that has internships and COOPs required for each major (or most of them). Attend a community college and live at home for 1-2 years. Plan on taking 6 years to finish the degree and work part time. Major in a field where there are job opportunities in that field.
There has been a surplus of history majors every year from the time I graduated with a BA degree in 1971 (economics)
Attend a college that has internships and COOPs required for each major (or most of them). Attend a community college and live at home for 1-2 years. Plan on taking 6 years to finish the degree and work part time. Major in a field where there are job opportunities in that field.
There has been a surplus of history majors every year from the time I graduated with a BA degree in 1971 (economics)
Whatever you can negotiate through grants, scholarships, etc...
Most private colleges know their prices are outrageous. If they really want a kid, they will do what it takes to make it financially possible. In the midwest, the rule of thumb is that if the scholarship help for a private school doesn’t roughly equate to the price tag for in-state at a state school, that school doesn’t really want you.
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