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Oh, come on, you can't be serious. Top schools have previously earned good reputation through attracting the best talent, so their diplomas are worth more in te
by john_moscow 5y ago
Oh, come on, you can't be serious. Top schools have previously earned good reputation through attracting the best talent, so their diplomas are worth more in terms of salary expectations. And they are now banking on that reputation to charge as much as they can, while using loosely defined "services" to justify the costs. A fair comparison would be 2 schools of comparable reputation having different administrator proportion and spending structure, but not in this world where the people running them go to the same golf club.
Also "community college" these days is an euphemism for "the cheapest degree one could get that formally counts as one", so it is perceived accordingly.
- etempleton 5y agoTop schools are top schools by general awareness and perception, which, if you want to correlate with anything probably correlates best to athletics. Ivy League schools are tied together by their athletics league. For most Ivy League schools tuition is a nominal part of their overall revenue. Those same schools are largely free if you are low to medium income (and are able to be accepted). You state it in your reply, “community colleges are an euphemism for the cheapest degreeone could get that formally counts as one, so it is perceived accordingly.” A college’s precieved educational value is more important than actual educational value as it pertains to attracting students. Therefore schools cannot afford to be precieved as “cheap” or “bargain-based” if they want to have a reputation for strong academics.
- john_moscow 5y ago>Therefore schools cannot afford to be precieved as “cheap” or “bargain-based” if they want to have a reputation for strong academics. Well, this kinda confirms that the "student services" are mostly a sham used to inflate the "perceived value" of the education, doesn't it?
- etempleton 5y agoI wouldn't say they are a sham. They are the services that students and their families expect. If you don't have them students go somewhere that does have them. Too many students go elsewhere your enrollment drops. Your enrollment drops, you lose revenue. If you lose too much revenue you have to offer even less services and and are unable to pay top faculty. Even less students consider the College/University. And on and on the viscous cycle goes until the College or University folds due to a lack of sustainable revenue.