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View Full Version : College May Become Unaffordable for Most in U.S.


tony hipchest
12-03-2008, 02:04 PM
the title is misleading. it should read- "...WILL become unaffordable for most...", (then again, ive only been following this trend since 1990).

its all part of the master plan where the rich get richer and the poor become poorer (and the middle class slowly evaporates).

anyways great study (data taken from 1982-2007), with impressive stats and a nice little graph comparing the rise of tuition to medical care, median family income, and consumer price index.


http://www.nytimes.com/2008/12/03/education/03college.html?_r=1&em

The rising cost of college — even before the recession — threatens to put higher education out of reach for most Americans, according to the biennial report from the National Center for Public Policy and Higher Education.

Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade, and students from lower-income families, on average, get smaller grants from the colleges they attend than students from more affluent families. :doh:

“If we go on this way for another 25 years, we won’t have an affordable system of higher education,” said Patrick M. Callan, president of the center, a nonpartisan organization that promotes access to higher education.

“When we come out of the recession,” Mr. Callan added, “we’re really going to be in jeopardy, because the educational gap between our work force and the rest of the world will make it very hard to be competitive. Already, we’re one of the few countries where 25- to 34-year-olds are less educated than older workers.”

Although college enrollment has continued to rise in recent years, Mr. Callan said, it is not clear how long that can continue.

“The middle class has been financing it through debt,” he said. “The scenario has been that families that have a history of sending kids to college will do whatever if takes, even if that means a huge amount of debt.”

But low-income students, he said, will be less able to afford college. Already, he said, the strains are clear.

The report, “Measuring Up 2008,” is one of the few to compare net college costs — that is, a year’s tuition, fees, room and board, minus financial aid — against median family income. Those findings are stark. Last year, the net cost at a four-year public university amounted to 28 percent of the median family income, while a four-year private university cost 76 percent of the median family income.

The share of income required to pay for college, even with financial aid, has been growing especially fast for lower-income families, the report found.

Among the poorest families — those with incomes in the lowest 20 percent — the net cost of a year at a public university was 55 percent of median income, up from 39 percent in 1999-2000. At community colleges, long seen as a safety net, that cost was 49 percent of the poorest families’ median income last year, up from 40 percent in 1999-2000.

The likelihood of large tuition increases next year is especially worrying, Mr. Callan said. “Most governors’ budgets don’t come out until January, but what we’re seeing so far is Florida talking about a 15 percent increase, Washington State talking about a 20 percent increase :jawdrop:, and California with a mixture of budget cuts and enrollment cuts,” he said.




geeze, usually tuition only goes up 7-10% every year.

xfl2001fan
12-03-2008, 02:48 PM
Is it any wonder that we're amongst the "most stupidest" of the super power countries?

Combine this with constant standardized testing...and we find that our society is more concerned about short term success...without regard to long term effects/failures in regards to education.

For that matter, that applies to most everything that we do as a society. Sad.

revefsreleets
12-03-2008, 03:00 PM
Akron had a plan to lease the sewer system to a private firm for a hundred years, and to use the proceeds to underwrite, or in some cases, completely subsidize local kids college tuitions as long as they went to Akron U or a local community college. The plan had many merits, but too many loopholes and strings attached to pass, but I expect to see more and more initiatives like this as a way to bridge the gap. Other than helping people afford college, it also had the nice side benefit of slowing the "brain drain" of recent grads heading to the South and Southwest...

RunWillieRun
12-03-2008, 03:52 PM
the title is misleading. it should read- "...WILL become unaffordable for most...", (then again, ive only been following this trend since 1990).

its all part of the master plan where the rich get richer and the poor become poorer (and the middle class slowly evaporates).

anyways great study (data taken from 1982-2007), with impressive stats and a nice little graph comparing the rise of tuition to medical care, median family income, and consumer price index.


http://www.nytimes.com/2008/12/03/education/03college.html?_r=1&em



geeze, usually tuition only goes up 7-10% every year.


I just don't understand...aren't the vast majority of colleges/universities run by academics (i.e. liberals)? Why would these people be part of the "master plan where the rich get richer and the poor become poorer?"

Preacher
12-03-2008, 04:47 PM
I just don't understand...aren't the vast majority of colleges/universities run by academics (i.e. liberals)? Why would these people be part of the "master plan where the rich get richer and the poor become poorer?"


Well, there's a good question.

Preacher
12-03-2008, 04:57 PM
I think instead of head directly to conspiracy theories, maybe people should look at the normal costs of running a school.

What has happened to healthcare? The school has to pay healthcare for all their employees, or they don't get good employees and faculty. The Students pay that.

What has happened to energy bills? The schools have to have energy, or they don't have class, not to mention the increase in the energy usage in the dorms. the students pay the increase

What has happened in the area of electronic media? Colleges have had to revamp computers, networks, add IT departments, etc. All those things have a VERY short life span, including massive software licenses which must be renewed (though discounted). However, that ALSO means training for entire IT departments and training for all other departments. Who pays for all of that? Students.

The massive increase in knowledge and shrinking world has brought brand new disciplines. 40 years ago, I dare you to find quantam physics, computer science departments, intercultural communication departments, etc. etc. In order to have those, you must have PhD's running the departments and teaching for the most part (some non-Ph.D's are ok, if they have made a significant contribution to the area), however, those are the very departments which are in vogue in the business world, so it takes MONEY to bring them into academics. Who pays for all those knew programs and professors to teach them? Students.

Master plan? Nope. Just the reality of competing in a modern age.

BTW, the problem with our countries' education isn't the colleges, it is the grammar and secondary schools.

The Patriot
12-03-2008, 05:04 PM
College May Become Unaffordable for Most in U.S.

I'm pretty sure that's how it was originally designed to be.

drizze99
12-03-2008, 05:22 PM
Well, I am fortunate to live in a state that still has a great university at an affordable cost.

University of Delaware (now made well known by Joe Flacco) only costs us 8K/year for in state residents. Of course that does not include housing but for a family that is on a tight budget, it is a fantastic school known for its engineering program. We have Catholic High Schools that cost more per year!

GBMelBlount
12-03-2008, 05:25 PM
You also may want to look into why public schools are TWICE as expensive as private schools in many cases and have MUCH poorer test results on average....

SteelersMongol
12-03-2008, 09:11 PM
This not so good news matters to the future international students who who wants study in the states as well. I know some of you might think "Why would we worry about foreign students, when what's most important is our kids?", which is true, but I'm telling you financially they make pretty investments from the overseas, & culturally it opens the eyes of many.

JPPT1974
12-03-2008, 11:40 PM
It is getting a lot more expensive. To send your kids to college.
Think you should get a free education. But pay for room and board.

SCSTILLER
12-04-2008, 09:14 AM
It is getting a lot more expensive. To send your kids to college.
Think you should get a free education. But pay for room and board.


That would be nice, but then room and board would become sky high to make up for the money.

Here's an idea, quit paying the college coaches millions of dollars a year. Yes, i know the athletic departments bring in buku bucks for the Universities, but some of the college coaches salaries are a little over the top. I don't think that in an institution of higher learning that the football coach should be paid more than, say, the Dean or Department heads. Any little bit of money saved would help. JMO

Godfather
12-04-2008, 09:37 AM
That would be nice, but then room and board would become sky high to make up for the money.

Here's an idea, quit paying the college coaches millions of dollars a year. Yes, i know the athletic departments bring in buku bucks for the Universities, but some of the college coaches salaries are a little over the top. I don't think that in an institution of higher learning that the football coach should be paid more than, say, the Dean or Department heads. Any little bit of money saved would help. JMO

True, but if you don't pay the coach a comeptitive salary you don't get a good coach and your football program turns less of a profit.

LSU is a good example. The football program puts millions back into the academic side of the university.

Dino 6 Rings
12-05-2008, 12:17 PM
See, what I don't get about this entire article is the fact that College is already Unaffordable for most regular people. The Loans you take out don't make it "affordable" they just put you and your kids or parents deep into debt.

That's not affordability, that's keeping people broke for the sake of keeping them broke.

xfl2001fan
12-05-2008, 12:20 PM
True, but if you don't pay the coach a comeptitive salary you don't get a good coach and your football program turns less of a profit.

LSU is a good example. The football program puts millions back into the academic side of the university.

Not if the NCAA puts a cap on coaching salaries.

See, what I don't get about this entire article is the fact that College is already Unaffordable for most regular people. The Loans you take out don't make it "affordable" they just put you and your kids or parents deep into debt.

That's not affordability, that's keeping people broke for the sake of keeping them broke.

Sad as it is to say, my 27 year old brother still lives with our Mom. However, she asked him to do so because she co-signed on his student loans and she knew that if he lived elsewhere, he'd likely default on the loans before not paying bills/rent.

steelerbackr4life
12-05-2008, 12:45 PM
I have 2 kids that will both be in college in the next 3 years. They both have a good start in that they have a trust fund (my parents). They both also will most likely recieve atleast partial scholarships.

This being what it is I still lie awake at night worrying that they wont be able to achieve all they want for their education. Due to the seemingly endless rise in tution costs.

X-Terminator
12-05-2008, 01:57 PM
Carnegie Mellon University, where I work, is talking about an increase, but no details have been released as of yet. Rumor is that it'll be somewhere between 8-12%, which is pretty low compared to many other universities. Pitt is also going to increase theirs, but I don't know by how much. I do know that you get a significant discount in tuition if you are from SW PA - at last check it was just over $9,000 per year.

The ones who stand to benefit the most from these increases are tech/trade schools and small private colleges. Community colleges will still be an option despite the increases - at Community College of Allegheny County, it's $85.25 per credit, which is still pretty cheap. Satellite campuses of the major universities like Pitt-Johnstown and Penn State-McKeesport may also benefit. So there are options out there if someone is unable to go to a major university. It will also mean that most students will stay local for college rather than go out of state since most colleges and universities offer discounted tuition to state/local residents.