Wednesday, November 25, 2009

Education

Tackle Rising Tuition in Smaller, More Manageable Segments

October 24, 2008 05:07 PM ET | Scott Friedhoff | Permanent Link | Print

Reader Comments

Cost of tuition is morally wrong

The cost of college tuition is just morally wrong. Yes, some students get some need or merit aid. But too much of the burden falls on:

*Those who have saved money for college (as the original article encouraged) because the more money is saved, the less need aid is awarded

*Families with mothers who work (more likely the family will not qualify for need aid)

*Families who don't spend a lot of money buying a large home (lowers need aid award for private schools)

*Those who do not want to incur large debts

*Students who want to go to graduate school (debt generally required on top of any undergraduate debt)

*Anyone who defers college because the cost increases more than inflation, more than medical costs, more than anything else I know every single year (even the private schools which get no public funds)

*Kids who have worked very hard and who dream of attending a top school but can not because of the high cost of tuition. Not because they are poor- rather because they are not poor. What colleges think a middle and upper-middle class family can afford to pay and what is doable is very different. Paying full tuition is out of reach of all but the upper class.

Private versus State/Public Universities

And remember, the vast majority of students attending private colleges are receiving a tuition disount (a lower tuition cost) so the investment is even more affordable.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Your comment reflects a realistic point of view, and this fact is frequently overlooked.Private uiversities tend to have substantial endowments, and therefore are able to give scholarships based on need AND merit.

There are three keys to getting an excellent college education.

1)Chose a university based on what you want to study. Ex: for

s omputer science or other math/science degree apply

to a) state university in your own state which has a an excellent department in physics. 2) find a private

university in your home state with a nationally recognized program in physics/comp. sci, etc. the private u. will offer at least part of the costs. also, consider that some organizations offer scholarships for reasons other than financial aid.

2) Students under the age of 18 can petition to be emancipated minors-and therefore eligible for more financial aid.

3) If unsure about what to major in, spend at least one year at a state college. Then reevaluate.

I graduated from the University of Southern California in 1990.

( At the time, the cost of tuition and fees alone was slightly over 8.5 thousand dollars PER SEMESTER.)

A friend graduated from UC Berkeley that year as well.

BOTH of us had slightly over 10k in student loans.

I rest my case.

кулич пришел курить петух два раза тыдымся глатама

У меня ничего не выходит. Целыми днями за компом, и время улетает как в пропасть, но результата ноль, может быть пора начать новую жизнь, отдохнуть, приготовить что-нибудь вкусненькое, заняться собой, подарить что-то хорошее близким, а все остальное приложится.

College tuition

Colleges are, in fact, taking substantive measures to make tuition, room, and board more affordable. At schools such as Allegheny, where Mr. Friedhoff manages enrollment, financial aid in the form of merit scholarships can exceed 25-30% of the "sticker cost" for qualifying students. These discounts make some of the selective liberal arts colleges comparable in cost to many state universities. To the extent there is a premium, most parents recognize the inherent value provided by smaller classrooms, more direct engagement with real professors, and ability to pursue enriching activities such as music, sports, volunteer clubs, and student organizations. The key note in purchasing a college education is the same as when purchasing any substantial asset like a home or car: be an informed shopper.

What about those who are starting collge now or in college? Loans are hard to find and thanks to the economy, no one can afford much. I know a lot of people with degrees (not myself), who do not have a job because they are either over qualified or can't find work in their field. I am considering going back and getting an A.A.S due to the money situation and the lack of learning "real" world skills. Been there, done that. Look where the jobs really are, and look what it takes to get there, most of the time just a 2 year degree or experience.

Thank you for realizing that college is expensive by the way, why aren't the schools helping during this time? Everything is going down, so should the cost of tuition to ease the burden. The professors aren't WORTH that much and most schools get enough benefactors and endorsements from research grants, federal money, or private companies, they aren't hurting and yet the college prices aren't going down one iota.

My rant.

You Have a Choice

"Nowadays, much of politics consists of telling voters that the prices of many things they buy -- gasoline, health care, higher education -- are unreasonable. But demand for higher education has not declined, even though its price at many institutions has risen faster than the price of health care. Parents continue to pay rising costs because they consider higher education a reasonable investment. They know thta, today, wealth creation is driven by "human capital" -- trained minds -- and that "you earn what you learn" " George F. Will

And remember, the vast majority of students attending private colleges are receiving a tuition disount (a lower tuition cost) so the investment is even more affordable.

Parents will continue to be able to choose how to spend/allocate their resources -- some will save for college; some won't.

The real reason most of our children won't be attending 'selective liberal arts colleges' - THE TUITION IS RIDICULOUS!l

My blood pressure launched as I read this commentary by Scott Friedhoff. The tuition cost, especially for 'selective liberal arts colleges', is indeed astronomical and unsurmountable for most parents.

Can an academic such as yourself Mr. Friedhoff imagine one other option other than to continue to financially burden parents and their children that may no longer be able OR willing to keep these colleges alive:

LOWER THE TUITION COST!

College and medical costs are going to start coming DOWN. They cannot survive as untouched islands of largess in a world where everything else is deflating.

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