On the other hand, TUM (technical university in Munich) costs only 220 euro per semester, and you're still enrolled into top25 university in the world.
The land of free..
U of Chicago projected to be the first U.S. university to cost $100k per year
21–30 of 563 posts
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#22One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…
The tuition price being talked about is the top sticker price. If you care about inequality, that isn't the metric to care about. You should instead focus on something like median tuition paid since financial aid can mean that any individual student is paying anything from zero up to the full tuition costs. The concept of the richest students paying a six figure sticker price in order to help compensate for the students on the other end of the socioeconomic spectrum who can't afford it is the exact type of thing you would expect from a "left leaning" institution.
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#23Is University of Chicago even that good? Genuinely curious, as I know nothing about it. I live here in Chicago, and feel like I never hear about it, compared to say Northwestern or like UIC (University of Illinois at Chicago). Why would anyone ever pay that much for college yearly, if it wasn't like the #1 school, by a landslide, in the US? EDIT: I guess it is good? haha The more you know. Just surprising that I've b…
Yes. It’s a top tier university.
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#24Is University of Chicago even that good? Genuinely curious, as I know nothing about it. I live here in Chicago, and feel like I never hear about it, compared to say Northwestern or like UIC (University of Illinois at Chicago). Why would anyone ever pay that much for college yearly, if it wasn't like the #1 school, by a landslide, in the US? EDIT: I guess it is good? haha The more you know. Just surprising that I've b…
University of Chicago has amazing economics, and is know for its unique approach. The Chicago school is descended more from the right-leaning Austrian than the left-leaning Keynesian that essentially every other school has. One of the best places you could hope to study for economics.
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#25And to think that the benefit of the education has not changed since when I attended a similar school for a total cost of $25,000 per year just 10 years ago.
Surely UofChicago did not cost so little 10 years ago? A factor of 4 in ten years does not seem realistic.
I attended the University of North Carolina at Chapel Hill, which had a "total cost of attendance" for out of state students at $40,000 in 2010.
For in state students it was only $15,000 per year.
I came from a "middle class" family and received "grants" from the school, such that my cost of attendance per year averaged to $25,000.
Ever since I graduated, not a single person has ever asked me anything regarding my education, and I currently make $93,000 per year as a front end dev.
Strange times!!
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#26One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…
I work at one local university, and my wife works at another. One thing we've definitely noticed (and this is a widespread problem) is that the administration is becoming more top-heavy. There are cutbacks in faculty, support, and teaching staff, more reliance on adjuncts (academic temps, basically), and so on, while central administration grows. Expensive new buildings contribute, but less than people suppose. But t…
Yes, admin is a problem, but its not just admin. If you are a professor making 150k+, you have to ask yourself how much of your salary is being funded by rampant, unsustainable borrowing.
Colleges need dramatic, across the board cost cutting including professors, admins etc.
Colleges are in for a world of pain in the next 50 years.
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#27Is University of Chicago even that good? Genuinely curious, as I know nothing about it. I live here in Chicago, and feel like I never hear about it, compared to say Northwestern or like UIC (University of Illinois at Chicago). Why would anyone ever pay that much for college yearly, if it wasn't like the #1 school, by a landslide, in the US? EDIT: I guess it is good? haha The more you know. Just surprising that I've b…
It's ranked #6 in the nation by US News & World Report
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#28One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…
Interestingly enough, many elite schools have need-blind admissions and excellent aid if you are poor. If you are rich, it's affordable. As usual, it's the middle class that gets screwed.
Right, I also assume a lot of these MSRP prices are what they want wealthy foreign nationals to pay, not necessarily a US citizen. We really need the data on the average cost and what the distribution curve looks like.
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#29One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…
Looking at the sticker price can be confusing, when the majority of students are receiving some financial aid. You'd need to look at the average tuition paid by students at different family income levels. But is that data even publicly available?
Re: U of Chicago projected to be the first U.S. university to cost $100k per year
#30One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…
Interestingly enough, many elite schools have need-blind admissions and excellent aid if you are poor. If you are rich, it's affordable. As usual, it's the middle class that gets screwed.
Depends a lot on how you define "middle class" and "screwed". For example: