Reply to The New America: Elite Privates forever out of reach for UMC?

Forum Index » College and University Discussion

Reply to "The New America: Elite Privates forever out of reach for UMC?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]An education at $80,000 a year is a private luxury.  Many public universities that charge way less have incredible research components.  Education is not a private good, but education at $80,000 is a private good.   [/quote]

And how did you decide that was the number?

[quote]These universities have increased their tuition well beyond inflation, despite the benefits they receive from their tax exempt status.  I think it's time to reassess whether they are providing benefits to society as a whole that make them worthy of their tax exempt status.  On this thread it was pointed out that the COA at one university was about $8,000min 1979, adjustment for inflation that would be around $29,000 in today's dollars, but the COA now is actually $80,000.  During that time they have stockpiled endowments in the billions, in no significant part due to being able to grow the endowments tax free.  Why do we continue to provide tax exempt status so they can price gouge and amass huge endowments.  Those are reasonable questions to ask, despite the visceral reaction to dismiss those questions. [/quote]

Ahh, you're that guy.  That's how.[/quote]

Read earlier in the thread.  There were links provided for tuition from that period.  Then you adjust those numbers for inflation into today's dollars.  Then you compare that to the actual COA for these institutions.  Are you that guy who doesn't believe in math?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics