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It would be interesting if, over time, more and more private schools' endowments allowed them to eliminate tuition, so that in the end public schools were the m
by bdr 17y ago
It would be interesting if, over time, more and more private schools' endowments allowed them to eliminate tuition, so that in the end public schools were the more expensive choice.
- yardie 17y agoI wish you were joking but my xgf went to a private liberal arts college in the mid-atlantic. I chose the state school route because it would be cheaper, I was told. Even though we were similar economically and academically, her tuition bill was far lower than mine, class sizes were smaller and more focused, and she got far more help in practically everything. Unlike my school her school was basically the same size over the last 5 decades (no new buildings, no new mortgages, no new tuition increases). Mine went on a building spree of new dorms, cafeterias, renovating the stadiums, new recreation center, and a hotel. When the shit hit the fan they stuck the students, who weren't even asked about it, with the bill. They were told the alumni donors and state would pay for it. But donors and the state can stop paying when they don't feel like it. The students don't have that luxury.
- anamax 17y ago> But donors and the state can stop paying when they don't feel like it. The students don't have that luxury. Sure they do - it's called transferring. And for potential students, it's called going elsewhere. Yes, students have higher transaction costs, but that's just another way of saying that they should investigate more before making an initial decision. To put it another way, did you really think that the free lunch would continue, that all of the spiffy stuff didn't have costs that you might have to pay? Decisions have consequences, even for college students.