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That's roughly how much public in-state universities cost in the United States on average[0]. Some states are significantly cheaper. [0] https://www.valuepengu
by pb7 6y ago
That's roughly how much public in-state universities cost in the United States on average[0]. Some states are significantly cheaper.
[0] https://www.valuepenguin.com/student-loans/average-cost-of-college https://www.valuepenguin.com/student-loans/average-cost-of-c...
- sudosysgen 6y agoWait. You're comparing total cost in France, to cost at the point of use excluding taxes in the US. Education in public in-state universities is also highly subsidized.
- ericmay 6y agoIs it highly subsidized? Any reason to think that is the case?
- sudosysgen 6y agoIt is indeed highly subsidized, to the tune of billions a year. You can read the Financials online.
- ericmay 6y agoDo you mean subsidized in the sense of student loans backed by the government?
- sudosysgen 6y agoNo. The link I was replying to was referring to State Universities. They are owned and partially financed by the government.
- ericmay 6y agoSure. But what I'm wondering is what subsidies you're referring to. Are you talking about grants and loans that students get, or maybe federal grant money for research?
- sudosysgen 6y agoThese organizations literally directly receive money from the government. Students grants are a factor too, but they are owned and financed in large part by the State. That's called a subsidy. They are losing money, that the taxpayer shoulders.
- ericmay 6y agoOk. So I looked at the FY19 budget for one of the universities I attended and for the overall budget of $7.3 billion it's broken out like this (numbers are rounded). [1] Tuition and fees -> $1.8 bb Government appropriations (it looks like this is what you're referring to as direct subsidies?) -> $ 470 mm Grants and contracts -> $862 mm Sales & Services University -> $543 mm Sales & Services Health System -> $3.3 bb Sales & Services OSU Physicians -> $480 mm Gifts and Endowment -> $380 mm Negligible other items -> $100 mm or something. So what subsidies are you referring to? Happy to look at a different university if you want to provide an example. [1]https://busfin.osu.edu/sites/default/files/12_a_fy21_budget_plan.pdf https://busfin.osu.edu/sites/default/files/12_a_fy21_budget_... -edit- Unfortunately I can't reply, but I'm not sure why you're only considering government appropriations with respect to tuition instead of the entire budget. Seems a bit selective to me.
- sudosysgen 6y agoYup, government appropriations is about 38% of tuition. Part of tuition is also paid for by the government via various programs. So if you want to look at total cost starting from the average amount a student pays as tuition you have to increase it by 38%. There are of course other intangibles paid for by the government such as the initial investment, often the land and a part of the endowment too. So it is consequence fair to say that that tuition in state university is subsidized by the government.
- gammarator 6y agoThose state subsidies have steadily been eroded over the time period under discussion--part of why tuition has increased. At most large state flagships, public funding is now a significant minority of revenue.
- sudosysgen 6y agoRight. But you still can't compare US price without subsidies to French price with subsidies. They are still a significant minority, about 30-40% of what Tuition brings in. Besides, public funding given a year ago still factors into costs today.