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

Post by wardnath » Tue, Nov 05, 2019, 3:10 AM UTC

wdr1 wrote: post #421

sorenn111 wrote: post #7

One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…

> One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. It's weird you chose to make this comment on an article about the University of Chicago, the home of Milton Friedman, Supply-side economics, "no safe spaces"[1] and so…

Post by jjeaff » Tue, Nov 05, 2019, 3:15 AM UTC

eindiran wrote: post #146

sorenn111 wrote: post #7

One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…

Given that most (yes, most) students at the University of Chicago receive financial aid, what you're seeing is a sticker price. The school is using the high sticker price + financial aid to perform very efficient price discrimination[0], so they can get a lot of money from people who can pay. It is effectively a sliding scale fee [1]. [0] https://en.wikipedia.org/wiki/Price_discrimination [1] https://en.wikipedia.org…

Post by apta » Tue, Nov 05, 2019, 3:18 AM UTC

richardknop wrote: post #277

glerk wrote: post #267

Earlier quoted context omitted.

Which major religion other than Islam forbids it?

It's been some time since my Bible studies but isn't there something in the Old Testament against loans / lending money with interest?

Post by gnicholas » Tue, Nov 05, 2019, 3:32 AM UTC

Finnucane wrote: post #11

sorenn111 wrote: post #7

One thing I find crazy is the very same institutions that are generally very left leaning, decry income inequality, and espouse generally liberal views then turn around and having tuition costs that having been rising at rates so far above inflation. Student debt is a major issue in the US and the ever increasing costs of tuition are a MAJOR culprit in pushing this crisis. Where are these costs coming from? How can y…

I work at one local university, and my wife works at another. One thing we've definitely noticed (and this is a widespread problem) is that the administration is becoming more top-heavy. There are cutbacks in faculty, support, and teaching staff, more reliance on adjuncts (academic temps, basically), and so on, while central administration grows. Expensive new buildings contribute, but less than people suppose. But t…

Post by j_m_b » Tue, Nov 05, 2019, 3:41 AM UTC