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It’s easy to be enraged by reports like this, but I just see it as proof that the system is too damned expensive. There’s opportunity cost here, along with actu
by NorthOf33rd 7y ago
It’s easy to be enraged by reports like this, but I just see it as proof that the system is too damned expensive. There’s opportunity cost here, along with actual cost, and risk, and even then the savings is justifiable.
- scarface74 7y agoIt’s not that the “system is too damn expensive”, they think they need to go to a prestigious more expensive school whether or not the ROI on going to a less expensive school is worth it. On top of that, while middle class families see college more of a way to help getting a better job, wealthier families actually believe their kids are going to college to be “better citizens of the world” and to “gain new experiences”.
- Aunche 7y agoStanford has an endowment of $26.46 billion. Even with just a fraction of the interest from that fund, universities like Stanford can easily pay everyone's tuition. Instead, they'd rather hoard money, hire unnecessary admins, and build new buildings with another billionaire's name on it.