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US universities under pressure to cut fees because of remote learning

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Re: US universities under pressure to cut fees because of remote learning

#31
post #4

In fact some institutions like my alma mater, University of Michigan, are charging additional remote learning fees on top of the usual tuition increase.

“convenience fee”

“accessibility surcharge”

“e-xpense”

“we just want more money payment”

Re: US universities under pressure to cut fees because of remote learning

#32

Earlier quoted context omitted.

I would love to see a two-part program 1. No more government-backed Student Loans. (Tuition would drop like a rock.) 2. Build many more free/cheap community colleges and make that much more accessible to everyone.

> Build many more free/cheap community colleges and make that much more accessible to everyone. They're already cheap, accessible to everyone, and ubiquitous. What would change?

In my state, most of the programs the community colleges offer are aimed either at credential acquisition or for transfer to a university; there are no four year programs. However, many of the teachers at these schools are also PhDs moonlighting from local universities where they teach upper-level subjects and the community college offers a handful of classes that are at the 300/junior level for certain subjects. The thing that's really missing from the community college curriculum that would shake up the university pricing model is the ability to get a Bachelor's degree. At least in my state, it doesn't seem like there would be too much of a stretch to accommodate the additional educational resources it would require. Some people go to a university because they want access to first-class facilities, professors, student networking, and the like. In fact, the tuition at my local university more than doubled after they managed to get their basketball team into the NCAA Final Four one year. But many people don't care about this kind of thing; they just need their 'certificate of passage of this particular social ritual'.

Re: US universities under pressure to cut fees because of remote learning

#33
They can keep their tuition rates high, but online only schools should be allowed regional accreditation. Massive open online courses (MOOC) and other disruptive EdTech can offer equivalent educational instruction for a lot less money than traditional higher-ed options.

Re: US universities under pressure to cut fees because of remote learning

#34

Earlier quoted context omitted.

> Build many more free/cheap community colleges and make that much more accessible to everyone. They're already cheap, accessible to everyone, and ubiquitous. What would change?

I agree they're relatively cheap, but I think they could go a lot further and just be free. A few hundred dollars for a class is still a lot, and we all benefit from people being able to get educated.

Community colleges don’t offer much value. Even a few hundred dollars is way over priced because the degree won’t open hiring doors except in an extremely narrow set of jobs, like nursing and related care-giving - which would be better off as a standalone trade school.

The value of a college degree is networking and the brand name recognition that the university has, which opens doors when your resume is churning through automated recruiting systems.

Nobody expects that you exit college with training, skill or knowledge to be an effective employee, beyond basic life skills and vague understanding of how to comply with professional standards.

Using college to actually learn stuff is down to a personal preference. You absolutely don’t need to spend time that way, but you can get extra value if you choose to.

But the bulk of the intended value is to give yourself branding and signaling for marketability in employment.

You can think of a college degree similar to a “certified organic” label on food. It doesn’t really mean anything, but you’d be a complete moron to misjudge the fact that everyone else will believe it does mean something and shift all kinds of economic facts of life around that entrenched, generational belief, and use lobbyists, regulatory capture and media to constantly reinforce that stranglehold.

Re: US universities under pressure to cut fees because of remote learning

#35
post #27

What I don't understand about the whole education sector is these massive endowments. If they're so big and managed so well, why is there a need to charge so much in the first place?

I think you are confusing schools like Harvard with your run of the mill state university. The latter rarely has much of an endowment to fund itself with.

My run of the mill state school has an endowment larger than than $500 million and still sent out emails begging alumni to donate to a fund to make sure students didn't go hungry in the early days of covid.

Re: US universities under pressure to cut fees because of remote learning

#36
post #3

The Pandora’s box here is that far too little of these “fees” actually went to in-person instruction vs. bloated admin and other things not directly linked to core educational activities. Unless universities slash those bloated admin and other costs then they’re not really in a position to be giving everyone a “remote learning” discount.

Not only that, too many schools are peddling worthless degrees to very unsophisticated buyers. Any other industry would be heavily regulated for such shenanigans. Instead, the government heavily subsidizes the activity and makes special laws allowing students to take on enormous debt that they won't be able to discharge if they get a worthless degree.

The simple answer is to get rid of government backed student loans and have the schools back the loans and aid themselves. That way, they will be incentivized to not indebt 18 year olds when it is unlikely they'll be able to pay back the loan. It will also incentivize them to focus on more important things.

Re: US universities under pressure to cut fees because of remote learning

#38
post #14

Defund higher education.

I would love to see a two-part program 1. No more government-backed Student Loans. (Tuition would drop like a rock.) 2. Build many more free/cheap community colleges and make that much more accessible to everyone.

Neither of these would be as disruptive as:

3. Student loans no longer survive bankruptcy.

Re: US universities under pressure to cut fees because of remote learning

#39
post #4

In fact some institutions like my alma mater, University of Michigan, are charging additional remote learning fees on top of the usual tuition increase.

Universities are starting to sound like car salesman.

Look at this great deal! Now we’ll just add on the winterization fee, rust prevention package, delivery fee, admin fee, admin recovery fee, tag fee, boat payment fee, tire rotation fee, coolant flush and closing costs and we’ll get you on the road in a jiffy!

Re: US universities under pressure to cut fees because of remote learning

#40

Earlier quoted context omitted.

I would love to see a two-part program 1. No more government-backed Student Loans. (Tuition would drop like a rock.) 2. Build many more free/cheap community colleges and make that much more accessible to everyone.

Neither of these would be as disruptive as: 3. Student loans no longer survive bankruptcy.

It depends who you want to take a bath, the universities by abolishing student loans or the taxpayer (government) by allowing bankruptcy.
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