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[quote=Anonymous][quote=Anonymous]I went to a private university that was known to be one of the most expensive schools in the country. And it was manageable for a UMC family without 529s and 18 years of savings. Obviously this was a thousand years ago, but I do wonder where on earth the money is going at these schools charging $98,000 a year today, which is not at all manageable for UMC families with a couple of kids today.

And it's the administrators. In 2021, the President of Penn, Amy Gutman, made an astonishing $21 million dollars. A Stephen Klasko, at someplace called Thomas Jefferson University, made $3.5 million. The president of something called the Savannah College of Arts and Design, a Paula Wallace, made more than $2.5 million. So too did Daniele Struppa at something called Chapman University. The president of Columbia made $3.8 million. The president of Drexel made $2.6 million. And so on. And this was nearly five years ago. Who knows what college administrators are making now. And geez, Penn. What the hell went wrong with that board?

And all these schools have a million deans and provosts raking it in for doing not very much. The tuition dollars are not going to professors and researchers and all the people that make universities valuable. It's become a scam for academic bureaucrats. That's where the money goes. [/quote]

You were not umc if you could fully pay debt free.  [/quote]

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