| Sorry, but I just don't buy it. In 1997, the most expensive four-year private colleges cost $100,000 for everything. That's $199,000 in today's dollars. Today, the most expensive privates are $360,000. Put another way, if college was as expensive in 1997 as it was today, it would have been $180,000--80% more expensive. Where has this 80% increase in cost gone? Not to faculty--tenured faculty positions have been stable or even cut almost everywhere, replaced by temps. My daughter is a Freshman at a T10 research university and *all* of her STEM profs have been temps so far. The money has gone to three things: Administrative bloat; athletics; and buildings and amenities. It will be hard, but undergraduate colleges can easily find the solution to their problems by cutting the bureaucracy (Deans, Assistant Deans, VPs, etc.), freezing the absurd athletics programs that serve as a weird pipeline for rich kids whose parents can afford travel sports, and stopping new building construction. Kids will be fine--in fact they'll be much better off. They don't need to be bubble wrapped; they can live in crappy dorms like we did and be fine; and parents might realize that the whole travel sports thing for hopes of a D1 admit is an absurd, irrational, and deeply unfair money grab. A correction is badly needed, and college will be better for it when it gets back to its core mission: Education and becoming an adult through controlled adversity. |
My kid is a PhD student whose grant was frozen. The grant was for specific research in their lab. They would need to demonstrate results. I’m not sure what you mean by not demonstrating results? Can you elaborate? I am genuinely interested in your viewpoint. I do want to say, though, that if results are your concern, there would be ways to enforce that other than burning the whole system down. I cannot express to you how much this Administration’s actions are destroying America. Scientific research. My kid is researching in an area that this administration should favor, so I can only imagine what it is like for non-favored areas. |
Please provide some support for this. If this is true, why not just defund those projects? Why defund health and energy research at the same time? |
| Why are we talking about lazy rivers? Federal grants were not funding them. If you ate stupid enough to let your kid choose a college based on a lazy River, then you get what you deserve and you will pay the high tuition to fund it (or your taxes will in whatever state has public schools with such things). The topic is changing college by damaging the life blood of the university: research and academics. |
| The problem isn’t lazy rivers , it’s lazy, dishonest researchers. |
Oh /-they do lazy rivers and resort quality dorm rooms and frats/sororities …drinking culture. We are forgetting the academics |
Elon’s son is at Brown Barron is at NYU Yep |
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I am genuinely sorry for this loss. I am sure there is also plenty of deserved research that will not be funded by the sledgehammer approach that Trump and Musk are taking.
My child is on the research path and my spouse was for sometime and now actually approves research funding from one of the federal agencies. |
| My point is that there is a lot of waste in many parts of the government and universities. As Charlie Munger says the most underestimated force in the universe is incentives. There is just no incentive in either the government or universities to be careful with money, that it is not being wasted. There was never any effort in the last several decades or ever to look into this. Even if there is effort, it is difficult to get anything done because of vested interests that stymie these initiatives. |
Totally agree |
You are so ridiculous. It is not ‘awful’. Please. |
When money is limited, choices have to be made. The Universities will have to learn to do this. Hopefully they will be able to allocate limited resources to the right areas (not a given). |
But they are funding them! Money is fungible. Also, federal student loans are helping students fund the additional cost of college that extras like lazy rivers cost. |
But you are also screaming that federal workers need to travel to offices to do their zooms and read their papers, am I right? |
| The obvious magas on her are just making stuff up. So annoying to take this serious work so lightly. |