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Where do you think all that student loan money is going? Universities are flush.
by tartuffe78 7y ago
Where do you think all that student loan money is going? Universities are flush.
- secabeen 7y agoWhich universities are you talking about? State schools are not flush by any stretch. Yes, tuition money is up, but funds from state legislatures are down significantly. Some state universities get less than 10% of their revenues from the state government, down from 60+% in the 1950s through 70s. That is a fundamental change in the role of a university in the country, and in who it serves. https://fivethirtyeight.com/features/fancy-dorms-arent-the-main-reason-tuition-is-skyrocketing/ https://fivethirtyeight.com/features/fancy-dorms-arent-the-m...
- viklove 7y agoI dunno, maybe the one being talked about in the article we're commenting on? That's not a state university.