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

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

#371

Post by AnimalMuppet »

kissickas wrote: post #339
Kalium wrote: post #205

Earlier quoted context omitted.

It's worth remembering that the US does not lack for excellent, public, shockingly expensive universities - California, Illinois, Michigan, Virginia, Minnesota, and North Carolina all readily spring to mind. We're not accepting uncritically that universities are private endeavors. We're accepting that some are and they should be allowed to continue to exist.

Did you mean shockingly inexpensive? UNC Chapel Hill (what I assume you mean by North Carolina) costs students from the state $8,834 USD. Out-of-state tuition is $33,916. I would not call either number "shockingly expensive." Michigan is $14,402 and $45,410. UVA is similar. Quite a bit more but still not anything shocking. Minnesota is similar but out-of-state tuition is just $23k.

In what world is $34K/year not "shockingly expensive"?

[Edited to add: Some people have more than one child. Some of them have more than one child in college at the same time.]

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

#372

Post by xienze »

arcticbull wrote: post #352
hansthehorse wrote: post #346

Earlier quoted context omitted.

My wife grew up in Montreal and paid a laughably small amount at McGill.

Yes I paid $2500/semester (CAD) for my engineering degree in Canada. Living in the Bay Area has made me appreciate my people all the more.

> Living in the Bay Area has made me appreciate my people all the more.

Not enough to still live there, apparently. Sounds like Canada is good in some respects but worse in others, like making good money in your chosen career. Every country has trade-offs, and the US’s is that a lot of safety nets aren’t there but the sky’s the limit for high achievers. Some people like it that way.

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

#373

Post by AnimalMuppet »

rayiner wrote: post #299
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?

Americans aren't "completely oblivious to the obvious solution." 80% of first-year college students are enrolled in an in-state, public college.

Good point, although stefano also said "don't charge tuition to students (or charge them a small amount)". In-state tuition is probably still considerably higher than what stefano had in mind (see comments in this thread about costs of attending McGill University in Canada).

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

#374

Post by Aeolun »

privateSFacct wrote: post #302
kome wrote: post #250

Earlier quoted context omitted.

> universal college degrees for all - access is restricted behind rigorous entrance exams. that's just not quite true in all major European countries I have a direct experience with.

It is true, you cannot get in without your Hochschulzugangsberechtigung (University Entrance Qualification). Can you name a SINGLE well known major university that does not have this and allows anyone a free education? I will post the requirements here. It is not open to all by any means - their are STRICT quotas.

You are saying you cannot get into university without a high school diploma?

That seems fairly common everywhere. It seems pointless to me to give a university education to someone that’s illiterate.

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

#375

Post by Aeolun »

kissickas wrote: post #339
Kalium wrote: post #205

Earlier quoted context omitted.

It's worth remembering that the US does not lack for excellent, public, shockingly expensive universities - California, Illinois, Michigan, Virginia, Minnesota, and North Carolina all readily spring to mind. We're not accepting uncritically that universities are private endeavors. We're accepting that some are and they should be allowed to continue to exist.

Did you mean shockingly inexpensive? UNC Chapel Hill (what I assume you mean by North Carolina) costs students from the state $8,834 USD. Out-of-state tuition is $33,916. I would not call either number "shockingly expensive." Michigan is $14,402 and $45,410. UVA is similar. Quite a bit more but still not anything shocking. Minnesota is similar but out-of-state tuition is just $23k.

Just $23k/year. Thank god I’m not living there. It’s actually been normalized...

No wonder university is a privilege of the wealthy.

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

#376

Post by asdfman123 »

buboard wrote: post #305
jetpks wrote: post #237

Earlier quoted context omitted.

Because you suffered, everyone in perpetuity must also suffer?

If this argument is made in public, people will never support debt forgiveness. not only it breaks the social contract with severe entitlement, it's also very hard to accept that people who can afford harvard or stanford "suffer" populist emotional arguments are good when there is the populus to empathize with it. the vast majority of people won't care for such "plight".

You have to realize a lot of kids who went to Harvard and Stanford were just smart kids from normal suburban families and middle class homes. And many of them have middle class jobs, just like people with similar SAT scores who went to state schools instead.

Be wary of populist urges to tear down people you perceive to be "better" than you because maybe they're really not, or they're not the cause of the problem. Do things that will improve society, not just satiate your urge for blood.

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

#377

Post by TallGuyShort »

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?

I'm all for that. My only concern is that it starts covering up one of the fundamental problems: a lot people are graduating high school, becoming eligible to vote, to be drafted, and in all other ways be adults, and they can't seem to do the cost/benefit analysis on college, or research a career that they're about to spend 4 years educating themselves for. They're surprised by how much debt costs, when they should have learnt the match behind compound interest years earlier.

We gotta fix that too...

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

#378

Post by samstave »

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?

>Why is the assumption "universities are private endeavours that should make a profit" something that goes unchallenged...

Hmmm:

>Robert J. ZimmerUniversity of Chicago

>Total Compensation: $1,625,136Base Pay: $1,090,844Bonus Pay: $100,000Other Pay: $286,484

https://i.imgur.com/b7omZa4.png

https://www.chronicle.com/interactives/executive-compensatio...

https://i.imgur.com/RZRqtQu.png

https://i.imgur.com/k2TIG8d.png

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

#379

Post by vonmoltke »

aikah wrote: post #273
julienb_sea wrote: post #160

Earlier quoted context omitted.

Good luck with that. You just made college out of reach for everyone that isn't already wealthy, exacerbating inequality and further entrenching class boundaries. To be clear, I agree with you, rip out the loan guarantees and let the private market deal. But progressives would never allow this.

> Good luck with that. You just made college out of reach for everyone that isn't already wealthy, exacerbating inequality and further entrenching class boundaries. You could apply that argument to anything. "Good luck with that, now people can't afford mansions, Good luck with that now people can't afford private jets". Should everybody be able to afford mansions or private jets? No. College should either be free, t…

> The government should not back private loans, period.

It's a good thing they don't, then.

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