3 ms·

Maybe I missed something, do colleges publish detail cost like hospitals are now required to do? Like cost per credit, food cost, room and board cost.

• aikiplayer 3y ago
  The department of education does publish this. They've apparently changed their website a bit but here it is: https://collegecost.ed.gov/ https://collegecost.ed.gov/
• lotsofpulp 3y ago
  Colleges in the US have always published that, search college name and tuition and it will come up easily.
• shireboy 3y ago
  Article addresses that, says the numbers they submit are not verified. The gist as I understand it is that these numbers are not typically what students actually pay.
• Joker_vD 3y ago
  Can't they just chalk up almost any amount of money up to the "wage fund": which includes wages not only of the professors and teaching assistants themselves, but also of an arbitrarily large amount of administrative staff that can be paid arbitrarily large sums of money? After all, you can get passionate teachers to work for peanuts (since they're passionate about teaching), but not the competent managers, right? Admittedly, I have rather passing (and anecdotal) connection to accounting, and not the US-based accounting at that, but I was given an impression that the art of showing arbitrarily large costs and expenses as justified and necessary is an important accounting art, in quite high demand.
• dboreham 3y ago
  Colleges (at least private ones) have personalized pricing, so any such publication wouldn't be useful. (They call this "scholarships" but in reality it depends on how much money you have. Also you can negotiate pricing, like a car dealership.)
  • OkayPhysicist 3y ago
    Not just how much money you have, but also how valuable you are to the school. Private schools, unlike public ones, tend to give out merit based scholarships regardless of income status, because introducing potential founders to potential investors is a key selling point.