31–40 of 348 posts
I didn't see this discussed in the article, but IMO the main driver is the availability of student loans. When the government guarantees loans, you can lend whatever you want! The price of a TRIPLE occupancy dorm + 7 day meal access is $14,813.29/YEAR at UC Davis. The "meals", if they haven't changed in the last decade, are Sodexo garbage. And don't forget a "year" doesn't count the summer, or winter break.
I didn't see this discussed in the article, but IMO the main driver is the availability of student loans. When the government guarantees loans, you can lend whatever you want! The price of a TRIPLE occupancy dorm + 7 day meal access is $14,813.29/YEAR at UC Davis. The "meals", if they haven't changed in the last decade, are Sodexo garbage. And don't forget a "year" doesn't count the summer, or winter break.
Students need to decide if a college degree is worth taking on a massive amount of debt. Either we have lots of young people making bad decisions, or a college degree is incredibly valuable. It's not like the terms of student loans are exceptionally great for the students.
Looking at the amount of debt that my peers have taken on, however, has made me reconsider the wisdom of my decision. It's likely that political campaigns in the next few years will promise some form of student debt relief. Whether delivery of those promises is possible or not remains to be seen.
I don't think there is any other country where capitalism has taken over so completely, and the people are not rebelling - but cheering - for America to continue.
I didn't see this discussed in the article, but IMO the main driver is the availability of student loans. When the government guarantees loans, you can lend whatever you want! The price of a TRIPLE occupancy dorm + 7 day meal access is $14,813.29/YEAR at UC Davis. The "meals", if they haven't changed in the last decade, are Sodexo garbage. And don't forget a "year" doesn't count the summer, or winter break.
> I didn't see this discussed in the article, but IMO the main driver is the availability of student loans. When the government guarantees loans, you can lend whatever you want! The other kicker is that they bake BIG subsidies for low-income students into tuition, which I found rather counter-intuitive. We're gonna raise tuition... to help students who can't afford tuition... pay for tuition that they can't afford...…
Most of the other points in comments here are valid (or potentially so), but one thing I've not seen mentioned is the decrease in govt funding of public colleges and university. When I attended college 20 years ago (Penn State)I remember seeing graphs showing how decreased state funding matched tuition hikes pretty well. A quick google search turned up https://budgetandpolicy.org/schmudget/cuts-to-higher-educati... w…
Earlier quoted context omitted.
'Living expenses' charged by schools are insanely inflated. ~3 months of food and shelter don't cost ~7k when you have roommates.
I certainly don't dispute that - it's borderline criminal what the University-sanctioned housing charges - particularly when they stack up to 5 people in a single unit! However, in my experience, most students live off-campus these days. There's just not enough student housing, and it's a terrible deal anyhow.
Can you source this statement? I know at UCB there were some students that lived off-campus but the vast majority lived in campus dorms IIRC.
I didn't see this discussed in the article, but IMO the main driver is the availability of student loans. When the government guarantees loans, you can lend whatever you want! The price of a TRIPLE occupancy dorm + 7 day meal access is $14,813.29/YEAR at UC Davis. The "meals", if they haven't changed in the last decade, are Sodexo garbage. And don't forget a "year" doesn't count the summer, or winter break.
I didn't see this discussed in the article, but IMO the main driver is the availability of student loans. When the government guarantees loans, you can lend whatever you want! The price of a TRIPLE occupancy dorm + 7 day meal access is $14,813.29/YEAR at UC Davis. The "meals", if they haven't changed in the last decade, are Sodexo garbage. And don't forget a "year" doesn't count the summer, or winter break.
Students need to decide if a college degree is worth taking on a massive amount of debt. Either we have lots of young people making bad decisions, or a college degree is incredibly valuable. It's not like the terms of student loans are exceptionally great for the students.