Reply to NE/Mid-Atlantic bias on this forum

Forum Index » College and University Discussion

Reply to "NE/Mid-Atlantic bias on this forum "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
For a family with household income well above $1,000,000 (thanks in part to an elite education), the burden of $300,000 K for DC education is not as great as the $30,000 burden was for a family making $40,000 "back in the day."  [/quote]

I doubt very much you're the poster who was asked this question. It's fascinating, however, that you have some of the same grammar issues as the "back in the day" poster from General Schools forum. Hmm...... [/quote]

She's not making any sense, either.  SLAC tuition has greatly outpaced inflation.  Every college keeps hiking its tuition simply because it can and much of that money gets poured back into slick marketing just to lure in more applications to maintain that all-important U.S. News & World Report "selective" rating.  The result is that we have third-tier SLACs asking for 60K a year because Harvard and Yale ask for 60K a year.   It makes no sense to pay $60K-$65K for a middling SLAC that cost me $4K when I attended.  My SLAC simply isn't worth that kind of money pre or post-tax but because of the demand for college slots (and especially skewed because of the international, especially, Chinese students who will pay full freight), all private colleges think they can continue to play this game until the bubble bursts.  A Mercedes is not a Hyndai, but in our current system, all privates think they can charge what the Mercedes does.  (Yes, I know Harvard, Yale, etc., were all charged for price-fixing decades ago - but that didn't stop the problem did it?).  I agree with the poster about Andy Ferguson's book.  What was affordable in my generation is no longer affordable.   I left college and law school with only $80.00 in student loan debt a month.  Some kids are now graduating law school with $260K in loans due (and no job).  The system is broken so is affordable only for the very well-to-do or the lucky financial aid kid, diversity kid, or athelete.  And the Chinese students who will pay full freight.
[/quote]

I'm really sorry that things didn't work out as you planned, but please put a lid on your resentment.  [/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