colleges approaching $80-90k per year

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Another factor to consider is, while an instate flagship schools can offer a good education at a reasonable cost - getting into them is no longer a guarantee. I know several families that have very limited means, they were not admitted to their instate flagship and the remaining options don't provide them with significant merit. It will have to be a community college with transfer options for them to get in.

Uh, no. Most large states (including MD & VA) have a bunch of solid state universities besides the state flagship. What an odd statement.

Please provide what these "solid" MD state schools are?

For student in question - they are interested in Aerospace engineering, so no other State school in MD has that option aside from the flagship
UMBC, Towson

UMBC COA $31,595, no Aerospace engineering
Towson, COA 28,720, no aerospace engineering

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Another factor to consider is, while an instate flagship schools can offer a good education at a reasonable cost - getting into them is no longer a guarantee. I know several families that have very limited means, they were not admitted to their instate flagship and the remaining options don't provide them with significant merit. It will have to be a community college with transfer options for them to get in.

Uh, no. Most large states (including MD & VA) have a bunch of solid state universities besides the state flagship. What an odd statement.

Please provide what these "solid" MD state schools are?

For student in question - they are interested in Aerospace engineering, so no other State school in MD has that option aside from the flagship
UMBC, Towson

UMBC COA $31,595, no Aerospace engineering
Towson, COA 28,720, no aerospace engineering

Do Mont. College to UMD if you’re set on UMD, then.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Another factor to consider is, while an instate flagship schools can offer a good education at a reasonable cost - getting into them is no longer a guarantee. I know several families that have very limited means, they were not admitted to their instate flagship and the remaining options don't provide them with significant merit. It will have to be a community college with transfer options for them to get in.

Uh, no. Most large states (including MD & VA) have a bunch of solid state universities besides the state flagship. What an odd statement.

Please provide what these "solid" MD state schools are?

For student in question - they are interested in Aerospace engineering, so no other State school in MD has that option aside from the flagship
UMBC, Towson

UMBC COA $31,595, no Aerospace engineering
Towson, COA 28,720, no aerospace engineering

Do Mont. College to UMD if you’re set on UMD, then.

Exactly. Wondered why the other poster thought I was crazy for suggesting CC as a method forward for this family. But its DCUM so I guess I shouldn't be surprised.

[Anonymous]

Anonymous wrote:Quote from today's WSJ:

"Jim Fish, chief executive of Waste Management Inc., described the situation this way: “We can’t hire a truck driver to drive a trash truck for $90,000 in Houston, Texas, but I can hire an M.B.A. from a small school for $60,000, and I can get them all day long.”

Wow!!!

[Anonymous]

Anonymous wrote:same! State schools should be supported by tax payer dollars and go back to being bare bones amenities wise and be affordable enough that an 18 year old working part time can afford it without loans (waiting tables, etc.. should earn enough money that you can live with roommates and afford tuition) State legislatures cut funding for the university systems in 2008 and never readjusted b/c parents were willing to pay.

I would rather my kid had grody furniture and concrete flooring for 4 years than $1000s of dollars in debt for 30 years. Its good life lesson, you live a lifestyle you can afford and dont go into debt for lifestyle upgrades and you have to hustle to make it. sure it is unfair that some people who are just as deserving as you have more money and luxuries b/c they lucked out on the parental lottery that way but there is no real proven economic system to address that properly. indentured servitude servicing debt for 4 years of undergrad is NOT the answer.

Some states still have very affordable college. 30 credits a year at any Florida public university will run just over $6,000. Board can be anywhere from under $6,000-$9,000 depending on the dorm. Meal plans optional at many. Prices haven’t changed in many years. Admission stats keep increasing as so many stay in state for the reasonable costs. Top kids get free tuition- purely stats based.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Quote from today's WSJ:

"Jim Fish, chief executive of Waste Management Inc., described the situation this way: “We can’t hire a truck driver to drive a trash truck for $90,000 in Houston, Texas, but I can hire an M.B.A. from a small school for $60,000, and I can get them all day long.”

Wow!!!

Isn’t this because in the long term, the earnings prospects for MBAs are much greater than for the trash truck driver? Yes, there’s the initial outlay for the undergrad and grad degrees, but in the end, the MBA comes out ahead because the salary likely will increase at a greater pace over time. And the additional benefit is the ability to change jobs for the MBA, not have to do smelly, physically-demanding work. Al that being said, I truly appreciate those willing to be trash truck drivers and am glad they’re getting paid well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Quote from today's WSJ:

"Jim Fish, chief executive of Waste Management Inc., described the situation this way: “We can’t hire a truck driver to drive a trash truck for $90,000 in Houston, Texas, but I can hire an M.B.A. from a small school for $60,000, and I can get them all day long.”

Wow!!!

Isn’t this because in the long term, the earnings prospects for MBAs are much greater than for the trash truck driver? Yes, there’s the initial outlay for the undergrad and grad degrees, but in the end, the MBA comes out ahead because the salary likely will increase at a greater pace over time. And the additional benefit is the ability to change jobs for the MBA, not have to do smelly, physically-demanding work. Al that being said, I truly appreciate those willing to be trash truck drivers and am glad they’re getting paid well.

$60k is low when you’re graduating with a bachelor’s degree, let alone an MBA!