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How many state schools and private colleges could survive without government largess? The reason we have seen tuition rates go up at public schools is precisel
by HarryHirsch 10y ago
How many state schools and private colleges could survive without government largess?
The reason we have seen tuition rates go up at public schools is precisely because their share of taxpayer funding has been cut, they have to make up for the missing funds somehow. You'd wish they would rely less on tuition because then we could do without useless taught masters degrees and with less shiny amenities designed to compete for the tuition income.
Nowadays you see community colleges building dormitories! Neither the student body nor the taxpayer needs that kind of expense so the place can attract students from three counties away.
- whamlastxmas 10y ago>The reason we have seen tuition rates go up at public schools is precisely because their share of taxpayer funding has been cut I think it's a bit much to claim this as the sole or even main reason. Tuition has gone up because it can. People are willing to pay it because, who cares, it's just a loan. Not money out of pocket. Look at the financials from University of Texas for FY 2014-2015: https://utexas.app.box.com/v/annual-financial-reports/1/8167540813/67387693261/1 https://utexas.app.box.com/v/annual-financial-reports/1/8167... Federally sponsored programs UP $20 million from previous year. Local programs up more than $2 million. These more than offset state-level funding being down $6 million, and that $6 million is a drop in the bucket of $1.6 BILLION in operating revenues. Over $200 million increase in net worth in that year alone, and over $1 BILLION in net increase the year before. Schools are not hurting for money. Tuition students pay is less than half of the money they make. Tuition does not go up because it needs to, it goes up because they want it to and because it can. UT could make tuition and fees literally $0 for everyone and they'd still be profitable over the past two years.
- mhurron 10y ago> Neither the student body nor the taxpayer needs that kind of expense so the place can attract students from three counties away. And if the county their from doesn't have a community college, or the community college in their county doesn't offer the programs they want?
- HarryHirsch 10y agoStudents can do as they always have done, rent a room somewhere nearby if they want to attend college X. But if the local, not-famous C.C. just opened a set of dormitories while its offerings stay the same as in previous years it's clear that they are trying to cannibalize from the student body in the next few counties. And at the end of the day, it's only the building contractor that benefits.