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This is always my question - also, remember that colleges and universities are moving more and more classes to adjunct professors (i.e. contractors without any
by inthewoods 11y ago
This is always my question - also, remember that colleges and universities are moving more and more classes to adjunct professors (i.e. contractors without any tenure track), further reducing their costs.
Why is it that education has been able to steadily increase their costs 7-8% per year forever? I get it when people say that the loans enable this - but my question is, like yours, "where is the money going?"
I'd love to see a reporter do a complete audit of 10-20 educational institutions over a period of, say 5 years, to understand what the money is covering.
- ethanbond 11y agoThe most expensive schools are research universities. That's where the money is going: research is getting more and more expensive. By definition, the only problems remaining are the most difficult ones. You used to be able to make great progress against a problem with a pen, paper, and a good mind. Now, to do anything notable, you'll need an observatory, a particle collider, a supercomputer, a top-tier bio lab, a chemical synthesis plant, etc. Also, good pamphlet material like beautiful dorms costs a lot, but I find this argument to be weak considering most of the really expensive schools don't have very amazing-looking facilities.
- inthewoods 11y agoGreat points - any data you can point to on it?
- ethanbond 11y agoFair point, and no. Someone might be able to find some, and I'd be glad to see anything you might find!
- 1971genocide 11y agoI am not sure if research is getting more expensive. The biggest problem with particle colliders is not the experiments themselves but paying researchers money to slough through the data.