College Tuition Cost

[Runnin' Rebel]

Got this in the mail today. Longest 5 years in my life. Worth it though, I'll have braces if I ever need them. For ever. �� Or pharmaceuticals available to me when I get old ��

In any case I'm proud of her with her major degree in human development and her minor degree in Biology

[G8RDPM]

Originally Posted by Runnin' Rebel

Got this in the mail today. Longest 5 years in my life. Worth it though, I'll have braces if I ever need them. For ever. �� Or pharmaceuticals available to me when I get old ��

In any case I'm proud of her with her major degree in human development and her minor degree in Biology

Congrats,Mark!


My daughter had an interview at Duke last week.
Approximately $70k per year for undergraduate school.
Crazy.

[droptopman]

I partied away a DIV 1 scholarship and ended up starting my own business in my early 20's and really had the idea that I did not need college to be successful and to some degree that was true.

As I matured I wanted to go back to school. Ended up paying for college myself in my 30's. Finally paid off all the student loans a few years back. At one point I was paying $1000 a month for student loans. Even though I was self employed for a majority of my 20's, and thought I "knew everything", I learned a lot in business school. Especially working on my MBA.
No doubt the time and money was a great personal investment. In my case/field the ROI is excellent. That and the fact it was a goal and something no one can take away from me. I do not think I would have taken it as seriously as I did if someone else was paying for it or if I would have done it in my late teens. I was too immature and liked to party too much. I got straight A's all the way through grad school as I wanted to get my "monies" worth.

I really respect those of you with kids that make huge financial sacrifices to put your kids through college. I hope they know how fortunate they are.

[Fleetlord]

Originally Posted by gmh1013

Since Im retired I hear it from my brother who has undergrad degree in Math and Is a Petroleum Eng is how dumb some these kids coming out of school with engineering degrees are.
The well he just got off of he was telling me some 27 year old end could not figure out how much drilling mud volume was needed given the well bore and depth plus surface casing....without a calculator. He said he could figure it out faster using a slide rule vs him pecking it out ....and got still got it wrong. His view is some kids are damn smart and some he wonders how the hell they passed any pre eng classes. He said you know how I am maybe my "sunny" disposition made him nervous....but I had to go behind him and recheck his calc....I cant get my ass run off the rig because BP should check who they hire more carefully.

This is a very true and important post.

The vast majority of engineers graduating today are "paycheck" engineers...

In that, they are students who are good enough in Math to pass the coursework, they realize that engineering is a higher paying career field so the pursue it...even though they couldn't care less about it.

In other words, old school engineers CARED about the work and knew how to figure stuff out without calcs or computers because they had the passion to learn the details and figure things out....these kids graduating today? Not so much. It's just a job that pays more now.....and they got it because they were lucky enough to have a math aptitude......just the way it is.

[breitlings]

Originally Posted by Fleetlord

This is a very true and important post.

The vast majority of engineers graduating today are "paycheck" engineers...

In that, they are students who are good enough in Math to pass the coursework, they realize that engineering is a higher paying career field so the pursue it...even though they couldn't care less about it.

In other words, old school engineers CARED about the work and knew how to figure stuff out without calcs or computers because they had the passion to learn the details and figure things out....these kids graduating today? Not so much. It's just a job that pays more now.....and they got it because they were lucky enough to have a math aptitude......just the way it is.

Computers are about to start designing almost everything. Starting with simple things and expanding to infrastructure etc.

One example: The wind turbine of today will be replace by something that is more efficient and cheaper once computers start designing them.

[Runnin' Rebel]

Originally Posted by G8RDPM

Congrats,Mark!


My daughter had an interview at Duke last week.
Approximately $70k per year for undergraduate school.
Crazy.

Thanks Doc !

Hopefully young Rebel Daughter will be happy in whatever field she chooses. Good luck with Duke, my favorite.

1990 103-73
UNLV wins National Championship vs Duke

[SMD]

The reason state school has increased so much is primarily a reduction in state subsidies. University education was always expensive, but at state schools you were shielded from the true cost of the education. That was not the case with private schools. Now that state budgets are constrained by bloated public sector pensions, it crowds out other spending, including higher education. And, of course, the almost unlimited access to student loans, all now 100% backdropped by the federal government provides no throttle on university cost control. Raise tuition, borrow more in student loads guaranteed all by the federal government. Rinse and repeat.

[SMD]

Originally Posted by salty_snack

I bet you didn't know this...

Foreign students (non-citizens) get to come to the US as grad students in many of the physical science and engineering disciplines and are FULLY funded by TAX PAYER DOLLARS! That means the get their TUITION, FEES, and RESEARCH FUNDING given to them...

PLUS... they get a STIPEND to live on while they are in school. Total benefit is often over $60,000 per year.

Then they can leave or go where ever they want and pay nothing back for the first class education they have received and YOU and I paid for it.

Source? Most schools bring in foreign students because they pay the full cost, which helps subsidize the in state students.

[Kingair]

Send them to Europe

Free or close to !

Sent from my SM-G930T using Tapatalk

[Star Ferry]

Originally Posted by SMD

Source? Most schools bring in foreign students because they pay the full cost, which helps subsidize the in state students.

For undergrad or professional school, this is usually the case. But PhD's are often fully funded -- no tuition plus a living stipend

[Wesley Crusher]

Originally Posted by SMD

Source? Most schools bring in foreign students because they pay the full cost, which helps subsidize the in state students.

Schools (public schools specifically) love foreign students because they charge them 2-3 times as much. When I was in school, 25% of my class was straight from China. Now, it's probably closer to 50%.

[seand442]

Originally Posted by 520Matt

UA is closer to $18k (tuition only) per year in state, I know firsthand

Damn. $18K would have paid for my BS and a good chunk of a Masters degree. I cry when I think what it will cost when my kids are ready in 11 years.

[SMD]

Originally Posted by Star Ferry

For undergrad or professional school, this is usually the case. But PhD's are often fully funded -- no tuition plus a living stipend

In exchange for teaching several undergrad classes because most of the top profs never teach. Publish or perish.

[callidus]

My son is 6months old and between daycare 4 days/week and part-time nanny to cover the gaps we are looking at $70k/yr here in Switzerland.

Do Ivy leagues take babies? ;)

[rolexgiants]

Originally Posted by callidus

My son is 6months old and between daycare 4 days/week and part-time nanny to cover the gaps we are looking at $70k/yr here in Switzerland.

Do Ivy leagues take babies? ;)

It is completely insane! Pre-school in Manhattan is now 40,000 a year.

[chieftd]

My daughter is going to the University of Hawaii. She gets in state rate and her class load costs $11,600 per year. Plus , I pay for an apartment right by campus thats $15k per year. I guess this is still on the low end compared to many other colleges. Aloha, Tim

[newswire]

Originally Posted by salty_snack

I bet you didn't know this...

Foreign students (non-citizens) get to come to the US as grad students in many of the physical science and engineering disciplines and are FULLY funded by TAX PAYER DOLLARS! That means the get their TUITION, FEES, and RESEARCH FUNDING given to them...

PLUS... they get a STIPEND to live on while they are in school. Total benefit is often over $60,000 per year.

Then they can leave or go where ever they want and pay nothing back for the first class education they have received and YOU and I paid for it.

This really only apply to phd students and they do work as ta's and research assistants for free (as part of the work for stipend). In undergrad and masters, it's the reverse, they pay full tuition while most of students have loans or grants.


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[Etschell]

Slovenia has free college for anyone, citizens or foreign

[VICI]

Tuition inflation for undergrad is astronomical because the government gives away cash without regard of who will be able to pay it back. The interest rates on the loans are crazy and kids do not have a concept of it.

As long as the money will come in, the schools will increase their cost.

[rouxeny]

I dread how much it will cost in 17 years when I have to start paying. The rise in costs seems unsustainable.

[Wesley Crusher]

Originally Posted by Etschell

Slovenia has free college for anyone, citizens or foreign

It seems like many European countries offer free university. This is probably a dumb question, but is there a catch? lol

[airchitect]

I'm glad this thread came up. I've been considering getting my mba through an emba program. Prob is you can print an MBA from jackwagon u any day of the week thereby destroying the value of the degree specifically from "regular" colleges, i.e. State school. Its almost like if you aren't going Ivy League, or at the least Duke, don't waste the time/money. And did I mention some of the programs are 200k?????

[SMD]

Originally Posted by rolexgiants

It is completely insane! Pre-school in Manhattan is now 40,000 a year.

45,250 * 2 for me and they are not even in full day yet!

[SMD]

Originally Posted by Wesley Crusher

It seems like many European countries offer free university. This is probably a dumb question, but is there a catch? lol

20%+ VAT tax on everything you purchase and very, very high marginal tax rates. You pay for it, you just do not see the cost.

[Etschell]

Originally Posted by Wesley Crusher

It seems like many European countries offer free university. This is probably a dumb question, but is there a catch? lol

they take your passport or visa for 20 years post graduation and make you work for the government.

i dont actually know the answer.