28 ms·

thought this was total...it's for 1 year...insane...

shib71 4y ago
In Australia, the fees for a four year engineering degree is around $30k AUD, and that's with very humane packback rules. $80k a _year_ is mindblowing. Rich folk and scholarship students I get, but why would anyone else go there?
zdragnar 4y ago
It's a private research university. Private schools might have more financial aid available, but they cost much more, and they are a research institution, which adds (mostly) pointless prestige to undergraduate degrees. That said, the growth of college tuitions is why you will find so many Americans skeptical of the value of college. The actual experience is nice, the things you learn might be useful, but the net value varies a lot depending on what you graduate with and when you do it. I very nearly went into legal studies, but there were a number of lawsuits against schools from former law students claiming the schools vastly overstated the number of graduates getting relevant jobs (the market got flooded, basically). Nowadays, it is fashionable to poke fun at gender studies and sports news and whatever other "fluff" degrees are out there, but it can happen to any degree really. When you're looking at a quarter of a million dollars or more of debt, you really need to think long and hard about what you plan to do about it. It's also why free college and federal student debt relief are such hard sells here. Unless the actual problem of the cost of tuition is resolved, it hardly makes sense to throw more money at the problem- it just encourages more of the same bloat caused by federally backed, easy access loans have caused in the first place
abnry 4y ago
I lived at home and went to a state school around 15 years ago. At the time, in-state tuition was something like $10k/year. I got around $10k in scholarships, so my education cost roughly $30k or $41k in today's money. This means one year at BU is two times the total cost of my education, time adjusted. Insane.

In Australia, the fees for a four year engineering degree is around $30k AUD, and that's with very humane packback rules. $80k a _year_ is mindblowing. Rich folk and scholarship students I get, but why would anyone else go there?

zdragnar 4y ago

It's a private research university. Private schools might have more financial aid available, but they cost much more, and they are a research institution, which adds (mostly) pointless prestige to undergraduate degrees. That said, the growth of college tuitions is why you will find so many Americans skeptical of the value of college. The actual experience is nice, the things you learn might be useful, but the net value varies a lot depending on what you graduate with and when you do it. I very nearly went into legal studies, but there were a number of lawsuits against schools from former law students claiming the schools vastly overstated the number of graduates getting relevant jobs (the market got flooded, basically). Nowadays, it is fashionable to poke fun at gender studies and sports news and whatever other "fluff" degrees are out there, but it can happen to any degree really. When you're looking at a quarter of a million dollars or more of debt, you really need to think long and hard about what you plan to do about it. It's also why free college and federal student debt relief are such hard sells here. Unless the actual problem of the cost of tuition is resolved, it hardly makes sense to throw more money at the problem- it just encourages more of the same bloat caused by federally backed, easy access loans have caused in the first place

abnry 4y ago

I lived at home and went to a state school around 15 years ago. At the time, in-state tuition was something like $10k/year. I got around $10k in scholarships, so my education cost roughly $30k or $41k in today's money. This means one year at BU is two times the total cost of my education, time adjusted. Insane.