Earlier quoted context omitted.
After one of Mark Edmundson's op ed pleas for students and parents to consider college as non-vocational, I had a look at the University of Virginia's tuition and fees from the late 1970s to recently. Comparing this against the minimum wage, I found that a student could have earned the 1978-1979 tuition and fees working a bit over eight weeks at the minimum wage. For the 2011-2012 school year, it was more than 38 wee…
Is this before or after tax? 38 weeks seems short to me.
Germany’s great tuition fees U-turn
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Re: Germany’s great tuition fees U-turn
#72Re: Germany’s great tuition fees U-turn
#73American model: individually centered, "pay for what you want", development is driven by small companies and individual decisions (most of the time). "Works for me"
European model: centered on the community, social support, development by committee/government/consensus. Slow but directed improvements
Germany could not have produced Facebook. But they have a great train network. France puts satellites on orbit and does the TGV.
In the US you have millionaires came out of "nothing" (of course, from nice universities, nice contacts, etc), people jumping at opportunities, while in Europe this would take 2 meetings, 3 viability studies and 4 months.
So, while I'm more towards in favour of the European model someone has to ask themselves what are they missing. Yes, they have a very nice and educated workforce that will be ready to work and be very productive at a big company where they will work hard, sure, but will come out with the least amount of new ideas (that's not their job), and will do the things most likely to be accepted by the majority.
Re: Germany’s great tuition fees U-turn
#74I'm a student at a German university, and I don't pay tuition fees, but I do pay about 400€ a year in "semester fees", of which the two largest components are "student services" and a compulsory season ticket for regional transport; student union membership and some kind of insurance contribution are also included.
Re: Germany’s great tuition fees U-turn
#75Why has no one brought up how the top German university is "ranked" 55th on this list: http://www.timeshighereducation.co.uk/world-university-ranki... I'm not saying this list is definitive or that the US tuition prices are reasonable, but it stands to reason that the best of the best of anything is going to be exponentially more expensive than it's next closest competitors.
14 place ETHZ (Switzerland) https://www.ethz.ch/en/studies/financial/tuition-fees.html $600 at semester = $1,200 (1 school year)
15 place John Hopkins(USA) http://www.collegecalc.org/colleges/maryland/johns-hopkins-u... $45,470 (1 school year)
Obviously it's US against Switzerland, it's completely different and very hard to compare. But bigger fees doesn't really means better university.
Re: Germany’s great tuition fees U-turn
#76I wish this happened in US. The fee part, not the paid to read part :)
I go to Oakland University in Michigan and we are the only University in the state(country?) to charge no fees. Tuition is still high but that is usually set by the state.
I already work as an software developer but a degree doesn't hurt my career options.
Re: Germany’s great tuition fees U-turn
#77Has there been any extensive research done on relationship between university fees and social mobility? On one hand it seems obvious that if you reduce costs of attending university you remove a barrier that would prevent economically disadvantaged people from attending. But on the other hand, university students, especially those at the best universities disproportionately come from better economic backgrounds and t…
Fast forward 15 years, I worked in a research lab and in 2009 I paid more than $12000 in income tax alone. I also created more employment by spending the money I earned. The government got a great return on its investment and it can now fund the education of more people -- a virtuous cycle.
Almost half my class was in a similar situation and most of them are doing good.
Re: Germany’s great tuition fees U-turn
#78Why has no one brought up how the top German university is "ranked" 55th on this list: http://www.timeshighereducation.co.uk/world-university-ranki... I'm not saying this list is definitive or that the US tuition prices are reasonable, but it stands to reason that the best of the best of anything is going to be exponentially more expensive than it's next closest competitors.
Without going into the metrics that these rankings use and their flaws, the German university system unfortunately focuses less on "elite" universitities, instead trying to create a good average experience, so most of the universities are actually fairly on-par with each other in terms of funding, and therefore also research output, teaching, etc. That being said, my experience with high-prestige american universitie…
Even as an International student back in 2008, I paid 0$ in tuition fees & used to pay 30$ as student union fee per study term/semester and have best study experience I can imagine.
Re: Germany’s great tuition fees U-turn
#79Has there been any extensive research done on relationship between university fees and social mobility? On one hand it seems obvious that if you reduce costs of attending university you remove a barrier that would prevent economically disadvantaged people from attending. But on the other hand, university students, especially those at the best universities disproportionately come from better economic backgrounds and t…
I am more concerned with good seats going to students who will never complete their degree, or the degree is not needed in the market and you end up with hobby and not a job. While the idea of removing costs sounds good there are just so many negatives. Means testing should still be done, raise the bar so that the truly well off are the only ones paying and not the lower income levels. The second "means" testing woul…
There are more destructive forms of welfare than academic credentialism. Its an interesting idea to think about... if you can't get a job, go to school for free collecting degrees and certifications until you get a job.
I've checked the numbers and in terms of accounting overhead and criminal justice system overhead it is somewhat cheaper, even with hyperinflated .edu costs, to send a kid to school than to jail. Even if only 1 in 3 kids gets caught and enters the criminal justice system (we do approach that ratio with some minorities) the numbers still work out that its cheaper to send all 3 of them to a community college than sending just 1 to prison.