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College and University Discussion
Reply to "Universities Really Are Messed Up (says Yale"
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[quote=Anonymous][quote=Anonymous]Genuine question- why don’t colleges just make tuition free or ultra low cost? It’ll always come off as disastrously pretentious to have tuition rates as sky high as they are. I especially don’t understand how these tiny liberal arts college campuses with $4billion in endowment that put 1/4 of their class on full financial aid and 1/2 the students on some financial aid don’t just drop tuition to $5k or even lower.[/quote] Yes, one asnswer is to get rid of all merit and need based aid and just move to the lower rate for everyone. But they do want full pay from the [i]really[/i] wealthy and from international students. But no way you can get really wealthy to pay 90,000 when everyone else is paying 20,000. So they make the price 90,000 and then offer steep discounts to everyone else. I agree the discounts should as deep as possible for everyone and tehn let pell grants make up teh difference at the bottom side (and increase pell grants). [/quote]
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