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re: I don’t get why it is more costly for colleges to educate students now vs the 70s/80s
Posted on 4/30/22 at 2:43 pm to HailHailtoMichigan!
Posted on 4/30/22 at 2:43 pm to HailHailtoMichigan!
Increasing cost of salaries
Increasing cost of technology
Increasing cost of keeping up with comparable universities (buildings and construction)
But you know the worst part? Bloat.
University bureaucracy is far more extensive than it used to be and they just keep expanding. It’s a mirror image of what you see with the US govt at large.
And the real kicker…these are some of the most meaningless jobs that exist in the world today. As well as some of the last people with whom you’d ever want to communicate.
Increasing cost of technology
Increasing cost of keeping up with comparable universities (buildings and construction)
But you know the worst part? Bloat.
University bureaucracy is far more extensive than it used to be and they just keep expanding. It’s a mirror image of what you see with the US govt at large.
And the real kicker…these are some of the most meaningless jobs that exist in the world today. As well as some of the last people with whom you’d ever want to communicate.
Posted on 4/30/22 at 2:44 pm to HailHailtoMichigan!
quote:
Is it pure unadulterated price gouging?
Probably, but also the government loan thing, increased demand, and an explosion of administrators.
Posted on 4/30/22 at 2:46 pm to HailHailtoMichigan!
So you think The cost should be the same as the 1970’s?
Posted on 4/30/22 at 2:46 pm to HailHailtoMichigan!
Supply and Demand!!!
Student loans allowed kids who couldn’t afford college the chance to go. That seat in Humanties 101 just got more expensive with each loan that was given out.
College education should be rare, free, and reserved for the best and brightest in our society. The vast majority should be in trade school or vo-tech.
Student loans allowed kids who couldn’t afford college the chance to go. That seat in Humanties 101 just got more expensive with each loan that was given out.
College education should be rare, free, and reserved for the best and brightest in our society. The vast majority should be in trade school or vo-tech.
This post was edited on 4/30/22 at 2:49 pm
Posted on 4/30/22 at 2:50 pm to StringedInstruments
I was going to say something about salaries, but you hit the nail on the head.
Posted on 4/30/22 at 2:52 pm to HailHailtoMichigan!
Compare dorms at LSU today to 30-40 years ago.
Posted on 4/30/22 at 2:52 pm to HailHailtoMichigan!
Administrative bloat
Posted on 4/30/22 at 2:53 pm to HailHailtoMichigan!
This didn’t exist back then. Even in the 90’s, half the dorms didn’t have air conditioning
Posted on 4/30/22 at 2:54 pm to Eightballjacket
quote:
Compare dorms at LSU today to 30-40 years ago.
It's not directly related to tuition but the student apartments around LSU are palaces compared to what most students lived in when I went to school. Nice apartments were for the rich kids. The rest of us lived in Tigerland, State Street, El Cid etc
Posted on 4/30/22 at 2:56 pm to fallguy_1978
Tiger Plaza here, while at LSU. Pretty much all I could afford after getting out of the Army
Posted on 4/30/22 at 2:58 pm to fallguy_1978
quote:
. Nice apartments were for the rich kids. The rest of us lived in Tigerland, State Street, El Cid etc
Those were fancy compared to my humble abode in Teakwood Village on Gardere street.
I remember sneaking into the University Commons pool back in the day. It was like a country club in my mind.
Posted on 4/30/22 at 2:58 pm to Breauxsif
Tiger Plaza was nicer than my 3 apartments. I lived in those shitty red apartments next to TP. $320/mo
Also on State Street for a year and on Burbank across the street from El Cid. El Presidente or something like that
Also on State Street for a year and on Burbank across the street from El Cid. El Presidente or something like that
Posted on 4/30/22 at 3:02 pm to Breauxsif
quote:
Tiger Plaza here, while at LSU. Pretty much all I could afford after getting out of the Army
I wonder how many kids these days are taking out 10s of thousands in loans so they can live in a complex with 2 pools, a 24/7 fitness center and a Smoothie bar?
Posted on 4/30/22 at 3:09 pm to Gorilla Ball
quote:
So you think The cost should be the same as the 1970’s?
Adjusted for inflation? Yes.
I started LSU in 1979. I was out of state and tuition was about $1600 per year. That would be $6,200 today accounting for inflation. Instate was probably $1000, or $4000 in today’s dollars. And there weren’t a lot of extra fees - those were almost insignificant.
Currently LSU tuition and fees are $12,000 per year in state and over $28,000 for out of state. Cost of attendance increased at more than 3x the rate of inflation.
We did not have a lazy river though, so maybe today’s costs are a bargain.
Posted on 4/30/22 at 3:10 pm to fallguy_1978
I’d wager to say the vast majority of the kids living in those higher end complexes are having the folks foot the bill. A high percentage are more than likely on TOPS as well, so the folks can set them up in a $1,200/month living arrangement with an Audi or Jeep Grand Cherokee Limited in the driveway.
Posted on 4/30/22 at 3:11 pm to fallguy_1978
When did student loans for undergrad become so prevalent? Early 2000’s? I hear of parents taking their kids on all of these college tours these days. It was basically local college (NSU, NLU, USL, McNeese, SLU, Nicholl’s) or LSU back then. Or maybe LA Tech for engineering.
Posted on 4/30/22 at 3:11 pm to ChEgrad
Computers, technology etc wasn’t even in play in 1970’s
Posted on 4/30/22 at 3:19 pm to Ric Flair
quote:
When did student loans for undergrad become so prevalent? Early 2000’s? I hear of parents taking their kids on all of these college tours these days. It was basically local college (NSU, NLU, USL, McNeese, SLU, Nicholl’s) or LSU back then. Or maybe LA Tech for engineering.
It was around 2004-2006'ish because I lost a big banking customer at work when they couldn't do student loans anymore.
Posted on 4/30/22 at 3:29 pm to fallguy_1978
The student loans lines were pretty long when I was at LSU in the early 90's. My cost per semester was less than $100 since the LANG paid for most of it. My parents helped out some with my $300 rent and books
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