As PP already mentioned - cut the staff and admin at universities, to start. |
By eliminating liberals from the local school boards. Hard to do, but it's the only way. |
I strongly believe that market reform will happen when people who CAN affort 85K+ per year decide that that price tag is not actually worth it. Boston University vs University of Maryland - one might argue that it isn't worth 200K more to go to BU. As upper middle class truly start to embrace research that getting a degree from good public is just as predictive of good outcomes, the market will boost up the publics and cause a strain on the privates. |
+1. Do this in a smart way, though. Invest in fewer, higher quality staff so that there is institutional knowledge. My university churns staff like no tomorrow and constantly hires new, cheap staff (which takes time and money), who then move onto more lucrative positions after they've received this initial training because the university will not pay to retain them. And for admin, there is no reason why a provost or vice provost should be making more than $500K, especially when you have assistant professors making $60K. |
| As an immigrant, here is my observation. The college experience in US was originally designed to fit the lifestyle and expectations of the very well off families, and it still is. At this point we can't do anything about colleges built in the middle of nowhere, thus forcing the extra costs on students, but we could do something about the fact that college amenities include state of the art athletic facilities but offer zero daycare for students who are parents. We could do something about the fact that it is very hard for freshmen to build a reasonable schedule that allows for part time work. We could work toward the goal of every student getting a viable paid internship experience, if they desire so. We could implement a "year zero", which in my country meant students from certain backgrounds were admitted to college provisionally, contingent on completing a year of studies to catch up, and were paid a stipend that covered a bare bones living so they wouldn't have to work and could just concentrate on studying 50-60 hrs per week; it was brutal but effective. We could do many things, but they won't be exciting to the traditional target audience for colleges and thus will never be implemented. |
There is really only one obstacle and that is money. |
Are you joking? |
Why isn't that prestige shaming equally foisted upon the applicants who require financial assistance, too? Isn't it enough to have all financial needs met without also dictating where you attend? |
There is absolutely a cost problem. |
I guess we need to define well-resourced. IMO that would be the top 200 or so colleges, maybe even more. I am just spitballing. The major issue is cost. It costs money to attend and even if that is covered there are still living expenses and many of these students are also expected to provide for their families if they work. I do not live in the DMV. I live in a very 'ordinary' part of the country with plenty of good state schools that people are perfectly qualified to attend but the biggest barrier is cost. |
+1 Plenty of affordable options. My state has 2 excellent state choices (beyond the highly ranked state flagship, these two are in th e100-200 range) that are all in under $25K. If your kid is a top student, they would get some merit My 3.5UW, 1250 got $4K at one bringing cost to ~$20K/year---my 3.9UW/1500 kid got $8K in merit and could have gotten more if they applied to the honors program. A student can easily earn $10K in summers and breaks in our area (min wage is not $7.25 in our area), add in a PT job during school and the kid can easily earn $14K each year to put towards school. That leaves $8-12K to pay for. $5K in fed loans and the parent can help with the rest ($3-7K). Sure it is not the glamorous T20 university, but it's an excellent option that will get you a great education and a great job once your kid graduates. The above demonstrates that there are indeed affordable options available. And if you are smart, you will use these options rather than going into major debt. If money is already saved, then spend more, but if you can't afford more, then go for great education for minimal costs. |
| If the next 400 schools after the T20 are so great, why are they not good enough for applicants who require full subsidy? |
FYI--my kids did not use those programs (mine are beyond privileged and are appreciative for that). But I can tell from the Parent FB groups and the information the U provides that they are all 3 working hard to ensure those kids get the assurances they need to succeed. 2 are Jesuit universities who always do an excellent job with this. |
Except it's not likely to happen. We saved and can afford whatever schools our kids want to attend. Top kid got into 2 Top 50 schools. Both $80K+/year. One did not offer merit (simply doesn't offer much) the other gave kid ~50% of total cost/year, amounting to ~$160K total over 4 years. We allowed our kid to select the best fit for them. They chose the full cost and were right, it was a definately a better fit for them, despite fact both are excellent schools and kid would excel at either. Is the "better fit worth $40K+ more per year"? Not if you cannot easily afford it. The 2nd choice is an excellent school. Our kid is well aware than in 99% of households, it would not have been a choice, they would be attending the other school and saving over $40K/year. But we are not alone. There will always be people who are willing to pay $80K+, and if it dries up in the USA, there will always be wealthy foreign students willing to step in. |
Majority of schools that "meet full financial NEED" are in the T50. So the really smart, motivated kids with high financial need smartly give it a go to try to get into a school that "fully meets financial need". Schools ranked 120 are not typically meeting full financial needs, so for those kids it's either "elite school meeting need" or CC/lOcal state U that they can work 20 hours/week to be able o afford |