U of Chicago projected to be the first U.S. university to cost $100k per year

Post by leotaku » Mon, Nov 04, 2019, 10:29 PM UTC

quaquaqua1 wrote: post #84

barneygumble742 wrote: post #56

Earlier quoted context omitted.

Same here. I paid roughly $5k/year for undergrad and about $10k/year for grad. After graduation, only reason people ask me where I went to school was to see where it ranked in college sports. Since my school barely registered, it's easily dismissed. Even better for me since I don't follow sports. What I did find more interesting is that it all depends on your work ethic and how you carry yourself at the workplace. My…

Oh my god this. It's cancer. I had to learn all thse obscure facts about things I care about just to have a baseline credibility with those types of people. It's a hazing ritual similar to data structures and algorithms, but one is certainly more useful than the other.

Post by asdfman123 » Mon, Nov 04, 2019, 10:30 PM UTC

jetpks wrote: post #237

asdfman123 wrote: post #189

Earlier quoted context omitted.

I would be angry because I lived in the cheapest apartment I could and biked as much as I could until I paid everything off. Had I been less responsible, I would get more money under debt forgiveness. The incentives are inverted. I'm all for wealth redistribution but messing with incentives is shown over and over again to be a bad idea. Also, my perspective as the kind of frugal guy that everyone else calls cheap is…

Because you suffered, everyone in perpetuity must also suffer?

Post by fzeroracer » Mon, Nov 04, 2019, 10:32 PM UTC

fortran77 wrote: post #83

misiti3780 wrote: post #71

As a US citizen, I see the US debt bomb ending it two different ways 1. Sanders/Warren get elected and somehow forgive 1.5 trillion in student loans and make education free going forward. 2. 2008 level crisis with (2) is the more probable I think universities tuition is way too expensive in our country, but I'm against (1) currently because I don't think retroactively forgiving debt is a good policy. The students too…

I'm completely against forgiving student loans. I want to solve the problem, which means no more Government backed student loans. (I'm all for the Government building more low-cost public Universities, though.) But if they are going to forgive them, certainly the students who prided themselves on being the best and the brightest should have known better! Therefore, anyone in the top 10% of SAT scores or at the top 10…

Post by Vysero » Mon, Nov 04, 2019, 10:33 PM UTC

jimbob45 wrote: post #234

I see a lot of people telling everyone to just go to another university if the one you want is too expensive or isn't up your standard in the degree you're chasing. Remember that out-of-state tuition effectively bars students from attending any university outside of their state and, if you're in a smallish state like Oregon, your options can be pretty limited, particularly if you'd like to stay in one geographical re…

Post by kome » Mon, Nov 04, 2019, 10:34 PM UTC

kansface wrote: post #171

stefano wrote: post #154

What I find funny in these discussions on HN is how most people seem to be completely oblivious to the obvious solution, proven to work in many developed countries around the world: have the state directly fund universities and don't charge tuition to students (or charge them a small amount). Why is the assumption "universities are private endeavours that should make a profit" something that goes unchallenged on HN?

Most colleges/universities are nonprofits and they still charge tens of thousands per semester. I will also point out that the European model is not free, universal college degrees for all - access is restricted behind rigorous entrance exams. Such a system would be politically untenable in the US wherein a growing movement wants to do away with all entry tests. What would actually happen in practice is that we would…