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WSJ article about cost of college education
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WSJ article about cost of college education

2
Aug 10, 2023, 10:04 AM

https://www.wsj.com/articles/state-university-tuition-increase-spending-41a58100?st=abkva59ihq5ss2a&reflink=desktopwebshare_permalink

I wonder where our Clemson Univ would rank in terms of spending/tuition_increases...

And go Tigers, last year of 4 team playoffs - let us get into playoff, we can win 1 more.

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Re: WSJ article about cost of college education

2
Aug 10, 2023, 11:33 AM

Good read. Wish our BOT looked at our spending like their own family budget. Debt free living is very freeing. We have lots of debt at Clemson.

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Re: WSJ article about cost of college education

1
Aug 10, 2023, 5:48 PM

I think public colleges forgot their higher education responsibility. Many majors have very little societal need , and very low probability of leading to a career that makes economic sense. How much value is a BS/BA in fine arts, performing arts, gender studies, world cinema, philosophy. You need to teach some of these classes, but supporting a major is so much more expensive compared to the number of students you are serving.

Other big ticket items have more to do with higher living standards for students, rather than education. They are building private recreation facilities that most students will never be able to afford once they graduate. The dinning facilities are over the top. Dorms for the 'best students' have ridiculous amenities for students that pay zero tuition and fees. Administration is now stupidly bloated.

The real problem isn't students owe too much, it's allowing students to borrow more money than they can ever hope to pay back. You want to borrow $100 k to get a philosophy degree, sorry but no. You want to borrow $100 k for an engineering degree, ok but this is what you payback every month for the next 20 years is going to look like.

Now get off my lawn !

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Re: WSJ article about cost of college education

1
Aug 10, 2023, 5:59 PM

I think the cost is flat out stupid. One of the reasons I could not attend. Parents were unable to help and I was not borrowing all that money. Know 2 people who are 48 and still pay back student loans. It is ridiculous.

2024 orange level member flag link military_tech thumb_downthumb_up

MEG


Re: WSJ article about cost of college education

1
Aug 10, 2023, 6:37 PM

😥😥😥😥😣😣😣😥😥😥😥😥😥😥😥😥😥😥

my goodness! It really is sad. People end up miserable; even with a good job trying to pay back these loans.
It ends up affecting your whole family, really. People end up working all day/night or working extra hours and "not raising their kids" because: "they want to live the dream, but they have this big behind anchor weighing them down they have to pay back"! So, the kids end up w/o their parents, really! Or one of their parents at least in some situations.
Folks have to end up putting all of their would-be hobby time into making extra money to take care of the anchor.
Bad.

2024 purple level member flag link military_tech thumb_downthumb_up

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