Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "2022 US News Best National Universities"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]the costs of college can't keep rising unless somebody pays. That's usually government loans or bank loans. Obviously these lenders think the price of a college tuition is worth it or they wouldn't keep lending. [/quote] Burying head in the sand and saying the building has not completely collapsed yet (even while foundations are crumbling) is not a great strategy … Large numbers of people are not able able to pay off college debts/ interest and many still have college debts into their senior years. Many young people are deferring getting married and having children because they have to pay off their college debts - and that is if they finish and get decent jobs. It is connected to the college reputation arms race and they are not separate issues. [/quote] +1 The student loan debt crisis affects over 43 million Americans. Debt levels have prompted legislative action for the first time in the federal student loan program’s history. Americans owe a total of $1.71 trillion in federal and private student loan debt combined. Federal student loan debt alone totals $1.57 trillion. 15% of all American adults report they have outstanding undergraduate student debt. 12.4% of student loan debt in repayment is delinquent as of March 2020. 42.9 million federal borrowers and up to 3 million private borrowers owe student loan debt. Over the past 20 years, •The average tuition and fees at private National Universities have jumped 144%. •Out-of-state tuition and fees at public National Universities have risen 165%. •In-state tuition and fees at public National Universities have grown the most, increasing 212%. *** State spending on public colleges and universities remains well below historic levels, despite recent increase. ***On the other hand, marketing departments at US colleges spend an average of $1,037,651 on marketing expenses, nearly half of which is dedicated towards media expenditures. https://www.theatlantic.com/education/archive/2018/09/why-is-college-so-expensive-in-america/569884/ All told, including the contributions of individual families and the government (in the form of student loans, grants, and other assistance), Americans spend about $30,000 per student a year—nearly twice as much as the average developed country. “The U.S. is in a class of its own,” says Andreas Schleicher, the director for education and skills at the OECD, and he does not mean this as a compliment. “Spending per student is exorbitant, and it has virtually no relationship to the value that students could possibly get in exchange.”[/quote] It's perfectly fair to bemoan the high cost of tuition, we all do. But it's due to the availability of money. You can go ahead and refuse to pay it. But the schools haven't hit the ceiling yet where enough students stop applying due to the high costs to force them to stop raising tuition. My kid goes to a school that proudly claims it meet 100% of a students demonstrated financial need. I doubt most parents around here pay the actual sticker price. And a lot of that debt you're talking about is for people who go to schools that aren't even engaged in the so-called "arms race" but who take 6 years or more to graduate or even drop out. [/quote] Where is the myopia icon when ya need it? Not talking about my kid or your kid individually (we got ours through a highly ranked college debt free in 4 years by the grace of God) - I realize we are blessed but see many struggles even in our affluent area. Your children sound blessed also. However there is a new generation of young people who are falling behind and can’t afford to buy homes and start families as we did when we were young. [b]We need to provide realistic paths to the American Dream for a majority not a minority. [/b] [/quote] Just general societal belly-aching. That's cool, but it's not caused by the USNWR rankings. [/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