6 ms·

I hope the education is free. Because without the human presence, paying $250,000 USD for a university education sounds like a ripoff.

brighton36 6y ago
Even with the human presence. There's so much unneeded bundling - these campuses have turned into prestige factories.
- watwut 6y ago
  As opposed to which exactly the year and country?
  - brighton36 6y ago
    As opposed to which... What? Colleges used to manufacture knowledge.
    - watwut 6y ago
      They still do manufacture knowledge. This part was always by employees.
      - brighton36 6y ago
        Then, the prestige it sells, is probably not all that legitimate.
chrisseaton 6y ago
Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.
- DreadY2K 6y ago
  I'm a current college student, and my school costs about $80k per year, counting tuition, room & board, supplies, etc., before financial aid. That would be $320k for 4 years, well over a quarter of a million. I'm personally getting a significant amount of financial aid, so that it will end up costing much less than that for me, but I know people who are paying full price. EDIT: I'm an undergrad at a 4-year university.
  - chrisseaton 6y ago
    Obviously I believe you if you're saying that, but I've heard that nobody really pays these full sticker-prices and everyone's really getting some kind of aid unless they're literally a billionaire - is that not the case?
    - HaloZero 6y ago
      I don't think so? I did a lot of tax work for VITA and met a lot of parents. Mostly low income and low-middle income got full scholarships and grants but if you're middle class it highly depends on the institution. The larger schools with huge private endowment do cover a lot but a public school like any in the UC system? Nah. It's basically all loans which have to be paid back. *My knowledge is limited to California in the United States. I know there exists programs in Georgia and other places that do cover full rides but I think they are anomalous and not the rule.
    - drfuchs 6y ago
      Typically, in the Ivy League / Stanford, a one-child family with annual income of over $150k to $200k (depending on the school) will pay full tuition. Really. And incomes of less than $65k-ish get you a free ride. Details vary.
      - mlthoughts2018 6y ago
        This happened with my family. It was especially bad because earning $150k total for a household near an expensive urban area leads to purchasing power basically the same as a family with $65k household income in suburbia or small towns. Without adjusting parents income for cost of living (factors the kids in question have no control over), it’s totally unfair. This has a lot to do with “last place aversion” - the people making $150k near SF having to pay full price for their kid (who probably worked their ass off) to barely scrape into Stanford are (rightly or wrongly) going to be totally NIMBY / selfish in terms of voting and policy when it comes to the $65k families from far away whose kids can pay much less than half for Stanford, say.
deleted 6y ago
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atemerev 6y ago
I am a researcher and a lecturer in a Swiss university. Switzerland is famous for being expensive, and the reputation is well deserved. However, the price of education for our students is about $1200/year. Which includes famous schools like EPFL (where Scala was born and still developed) and ETH (which contributions to computer science are too many to mention here). The students can e.g. collaborate with CERN researchers as part of their projects. For $1200/year. Available for everyone regardless of their nationality. The best part is that for many master degrees and some bachelor degrees you can study remotely while living in your own country, only coming to Switzerland once or twice a year. I don’t know why there are so few American students studying outside the US. (We do have some Canadian and Australian students though).

brighton36 6y ago

Even with the human presence. There's so much unneeded bundling - these campuses have turned into prestige factories.

watwut 6y ago
As opposed to which exactly the year and country?
- brighton36 6y ago
  As opposed to which... What? Colleges used to manufacture knowledge.
  - watwut 6y ago
    They still do manufacture knowledge. This part was always by employees.
    - brighton36 6y ago
      Then, the prestige it sells, is probably not all that legitimate.

chrisseaton 6y ago

Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.

DreadY2K 6y ago
I'm a current college student, and my school costs about $80k per year, counting tuition, room & board, supplies, etc., before financial aid. That would be $320k for 4 years, well over a quarter of a million. I'm personally getting a significant amount of financial aid, so that it will end up costing much less than that for me, but I know people who are paying full price. EDIT: I'm an undergrad at a 4-year university.
- chrisseaton 6y ago
  Obviously I believe you if you're saying that, but I've heard that nobody really pays these full sticker-prices and everyone's really getting some kind of aid unless they're literally a billionaire - is that not the case?
  - HaloZero 6y ago
    I don't think so? I did a lot of tax work for VITA and met a lot of parents. Mostly low income and low-middle income got full scholarships and grants but if you're middle class it highly depends on the institution. The larger schools with huge private endowment do cover a lot but a public school like any in the UC system? Nah. It's basically all loans which have to be paid back. *My knowledge is limited to California in the United States. I know there exists programs in Georgia and other places that do cover full rides but I think they are anomalous and not the rule.
  - drfuchs 6y ago
    Typically, in the Ivy League / Stanford, a one-child family with annual income of over $150k to $200k (depending on the school) will pay full tuition. Really. And incomes of less than $65k-ish get you a free ride. Details vary.
    - mlthoughts2018 6y ago
      This happened with my family. It was especially bad because earning $150k total for a household near an expensive urban area leads to purchasing power basically the same as a family with $65k household income in suburbia or small towns. Without adjusting parents income for cost of living (factors the kids in question have no control over), it’s totally unfair. This has a lot to do with “last place aversion” - the people making $150k near SF having to pay full price for their kid (who probably worked their ass off) to barely scrape into Stanford are (rightly or wrongly) going to be totally NIMBY / selfish in terms of voting and policy when it comes to the $65k families from far away whose kids can pay much less than half for Stanford, say.

deleted 6y ago

[deleted]

atemerev 6y ago

I am a researcher and a lecturer in a Swiss university. Switzerland is famous for being expensive, and the reputation is well deserved. However, the price of education for our students is about $1200/year. Which includes famous schools like EPFL (where Scala was born and still developed) and ETH (which contributions to computer science are too many to mention here). The students can e.g. collaborate with CERN researchers as part of their projects. For $1200/year. Available for everyone regardless of their nationality. The best part is that for many master degrees and some bachelor degrees you can study remotely while living in your own country, only coming to Switzerland once or twice a year. I don’t know why there are so few American students studying outside the US. (We do have some Canadian and Australian students though).