2 ms·
"This makes for a non-trivial contribution to most university budgets." Just what is it about paying for 1/3rd of the total cost instead of the full cost you
by graycat 14y ago
"This makes for a non-trivial contribution to most university budgets."
Just what is it about paying for 1/3rd of
the total cost instead of the full cost
you don't get? Again, yet again, once
more, just for you, again, over again,
students don't pay for the full cost of
a college or university education in the US;
not US
students, not foreign students, with only
very rare exceptions not foreign students
of wealthy families and, instead, US citizens
through gifts or taxes pay for 2/3rds or more.
E.g., Mike Bloomberg gave $100 million to
Johns Hopkins. One of the founders of QUALCOMM
just gave $133 million to the Cornell
technical university to be built on Roosevelt
Island. As I recall, there's a Gates building
at Stanford, from Bill and Melinda Gates. It
goes on and on.
When a foreign student gets an education in the
US, their education is being paid for mostly by US
citizens, via gifts or taxes.
This point is tough to understand?
Sure, there are now a few wealthy families in
China and India. But we're talking about
flooding the US with cheap labor via H1Bs
and US university educations, and the students
of the wealthy families are at most only a
tiny fraction of that.
As I explained, one reason foreign students
get graduate educations in US research universities
is that the US NSF wrote into research grants
that students must be supported on the grants
and the students can come for foreign countries --
commonly not England, France, or Germany but
India and Taiwan.
I can fully understand that with rare exceptions
a foreign student who
pays for some or all of tuition, fees,
books, room, board, etc. at a US college
or university believes that they are paying a lot,
and they are, but they still are not paying nearly
the full cost, and US citizens are making up the
difference.
This is difficult to understand?