[deleted]

Comments

• Bronzebeard@lemm.ee ⁨2⁩ ⁨days⁩ ago

  Because Reagan defunded public secondary education. And then instead of fixing that in the late 90s/early 00s, they made school loans non expungable and federally guaranteed, so schools didn’t need to keep their process know and competitive anymore.

  It always goes back to Reagan…

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  • microphone900@lemmy.ml ⁨2⁩ ⁨days⁩ ago

    Jesus Christ, so many people don’t know the real history of what happened while this is the real answer.

    To add on to Ronald “Fucking” Reagan defunding universities, he did it because as governor of California he absolutely hated the anti-Vietnam War protests happening on University of California campuses and thought a good way to limit attendance of ‘rabble rousing’ (re: poor) students was to take away their funding. Conservatives nationwide saw this and thought ‘that’s great, we should do that, too.’ and they did.

    Thanks Ronnie. You’re the unwanted microwaved dog shit that ruined America 40 years and your stink is still smelled in full force to this day. I didn’t believe in hell, but I hope they made a special one just for you.

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    • TranquilTurbulence@lemmy.zip ⁨1⁩ ⁨day⁩ ago

      Meanwhile, in many other countries, education is government funded and free to all citizens. Having an education public is seen as an asset, not a liability.

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  • s38b35M5@lemmy.world ⁨2⁩ ⁨days⁩ ago

    This is the real answer I was looking for in the comments.

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    • sepi@piefed.social ⁨2⁩ ⁨days⁩ ago

      BTW Nancy & The Astrologer is a great name for a band

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  • SnotFlickerman@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

    Yep, this needs to be higher. Since student loans are guaranteed and pushed on all students, universities have been spending oodles of fucking money to justify higher tuition costs, which justifies bigger loans that can never be discharged. The banks win, the schools win, the student lose.

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  • whotookkarl@lemmy.world ⁨2⁩ ⁨days⁩ ago

    The government also ramped up the interest rates on student loans while universities increased the price faster than inflation, I paid around 3-4% in 2008, the lowest was around 2.7% in 2020, currently they are close to 7%. The whole thing should be covered by state and federal taxes we’re already paying to subsidize them, but it just keeps getting worse to squeeze every drop of blood from people who weren’t born with a trust fund.

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  • tigeruppercut@lemmy.zip ⁨2⁩ ⁨days⁩ ago

    secondary --> tertiary?

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    • Bronzebeard@lemm.ee ⁨2⁩ ⁨days⁩ ago

      Sure, I guess post-secondary is the term usually used

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• HobbitFoot@thelemmy.club ⁨2⁩ ⁨days⁩ ago

  US universities engage in price discrimination between different students.

  For public schools, there is different tuition between in state and out of state students. There are also some state government programs based on merit and financial considerations.

  For well endowed private schools, the universities will provide scholarships based on a variety of reasons. For students from rich families, those families are generally paying full price and there generally is the implication of additional donations.

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  • Telorand@reddthat.com ⁨2⁩ ⁨days⁩ ago

    This is the reason. Every public school, like University of Chicago, has non-resident pricing that’s typically two to four times higher than in-state resident tuition. Source: used to work at a state university.

    The original idea was probably to encourage people to stay within their state and boost the state economy, but greed from the admins kinda changed the nature of things.

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    • TuEstUnePommeDeTerre@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

      The University of Chicago is private. The University of Illinois Chicago is public. They have the added issue the people definitely use the names interchangeably because they don’t know there’s more than one.

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    • scarabic@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Given that state taxes heavily support higher education, it’s not the craziest idea in the world to give lower tuition to those who’ve been paying those taxes their whole lives.

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• circuitfarmer@lemmy.sdf.org ⁨2⁩ ⁨days⁩ ago

  Same reason everything in the US is expensive: we have largely unregulated, runaway capitalism which pervades every facet of life. Everything from housing to academia to health care is for profit – not only profit, but for obscene year-over-year increases in profit. Those at the top regularly make money hand over fist even selling basic necessities, and if they don’t continue taking more and more, they’re seen as failures and replaced by one who will.

  The cherry on top is that, for the most parts, the citizens no longer have any real power to change any of it.

  Around the same time that health care becomes affordable in the US (major hypothetical, of course), it probably means a wind change has occurred such that university costs would also be coming down. But it would be a systematic change.

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• lone_faerie@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

  Image

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• stinerman@midwest.social ⁨2⁩ ⁨days⁩ ago

  This is a private school so they don’t get much in the way of direct government funding. State-funded schools are considerably cheaper. I went to Wright State University in Ohio. Right now it’s about $13k/yr in tuition. This is still rather expensive on a global scale.

  Why do private schools charge that much? Because people (like you) will pay that much. What about the University of Chicago makes it so that you are willing pay for it? What do you or your son hope to get out of it that a school in your home country (I’m assuming Canada) can’t give him? To compare to Wright State, even for out-of-country students the tuition is less than half of Chicago’s tuition. Is the benefit of going to Chicago worth that much more? If it is, then that is exactly what you’re paying for.

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• some_guy@lemmy.sdf.org ⁨2⁩ ⁨days⁩ ago

  Tuition is also higher for international students.

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  • fnie@lemm.ee ⁨2⁩ ⁨days⁩ ago

    Depends on the school.

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• gearheart@lemm.ee ⁨1⁩ ⁨day⁩ ago

  Majority of everything in the usa feels like a grift now.

  Profit/stockholders > people.

  I have clients that move to the USA from overseas that see the USA as “safe”.

  Unfortunately I have to warn them against getting scammed left and right since it happens to everyone.

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• UltraGiGaGigantic@lemmy.ml ⁨1⁩ ⁨day⁩ ago

  Gotta make indentured servants somehow.

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• demesisx@infosec.pub ⁨2⁩ ⁨days⁩ ago

  The politicians of the US took massive payouts from the banking industry in exchange for commodifying anything and everything that people need. Back in 2008, Biden himself took a $250,000 bribe from MBNA to make it illegal to escape student loans even in bankruptcy.

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  • blackbelt352@lemmy.world ⁨2⁩ ⁨days⁩ ago

    MBNA didn’t even exist anymore in 2008. It was bought out and subsumed by Bank of America in 2006.

    en.m.wikipedia.org/wiki/MBNA#Mergers_and_acquisit…

    If you have information on that bill/law post it. I’m curious what it actually said.

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    • demesisx@infosec.pub ⁨2⁩ ⁨days⁩ ago

      cbsnews.com/…/mbna-paid-bidens-son-as-biden-backe…

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• sifr@retrolemmy.com ⁨2⁩ ⁨days⁩ ago

  Most community colleges are very affordable, if not free with financial aid. At many state universities, many students who are low income can qualify for free tuition.

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• ChojinDSL@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

  Because everybody believes their bullshit snake oil.

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• ApollosArrow@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Because THOSE schools are expensive.

  IN STATE VS OUT OF STATE

  I went to a state school about 18 yrs ago and it was $3,000/semester. Today it’s $3,500/semester, so it didn’t go up by much. I stayed in state so it was lower for me. If you are not from the state it’s $10,000/ semester (still on the lower end). For the US, staying in state helps a lot. Unfortunately I think the grand idea of moving away and dorming is pushed onto kids by the media. Another comparison, my wife, who also went to school in the same state as me, went to at a CUNY and it was $1,800/semester. It was a pretty great school and campus, but not a school you’d see in the movies or tv shows. We both chose to stay within our means and not put a burden on ourselves or our families. Today we are very successful with no debt.

  SCHOOLS AS BRAND

  One more thing that drives price, is that schools are also brands now, and you are paying for that. There is peer pressure to get into schools with better awareness. Same reason a kid would rather wear apparel from nike vs walmart. My niece just started college this year and was brainwashed into picking a school she couldn’t afford. They took out a loan and the school end up being horrible for her. She dropped out during the last semester and I was told all the money spent this year was a wash. She’s now going to end up going to the school her family originally recommended to her.

  CLASS FLUFF For the sake of keeping kids in school they pack in so many additional unneeded electives. I think I had to take 11 within my first 2yrs and each of my classes was 3hrs long. Some days I would have 9hrs of class. That is not including the down time in between those clases, so I could be there around 11-12hrs on a single day. If you want to keep a part time job to help pay for college, then that may mean you have to take additional winter and summer classes. In a lot of places this isn’t covered during the regular months so you have to pay for more. This fluff is one of the ways they keep bachelors and masters programs to run for as long as they do and at the prices they do. Some of these schools do run expedited programs where if you have previous electives that transfer over, you can do your degree in half of the time.

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• SomeAmateur@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

  Depends on the school but yes it’s ridiculous

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  • FireRetardant@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Public school teachers often vilified blue collar work like trades, saying things like pay attention otherwise you’ll end up as some plumber. Now the trades struggle to find good candidates partially because everyone considers them as bad jobs or “poor people jobs” despite many trades providing decent salaries and often needing a good mix of knowledge and physical skills.

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• booly@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

  All the schools rip off the rich to subsidize the middle class. You’re essentially subsidizing a bunch of students who are paying close to nothing.m, because you can afford $70k tuition.

  As another example, Harvard is free for anyone whose family makes less than $85k per year. Not just the tuition ($56k per year), but also the housing (worth $13k), food ($8k), health insurance ($1600), books, and a modest living stipend designed to cover things like a computer, commuting/travel, other expenses.

  And those who make up to $150k per year are capped at 10% of their income to pay for all that. In the end, the average cost of Harvard for the typical student is about $15,000 per year including housing and food.

  In other words, attending Harvard is cheaper than not attending school for anyone whose families make less than $150k, which is basically 75% of the nation. So if you’re actually paying full tuition, you’re probably pretty rich.

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  • Dozzi92@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Only thing I’ll disagree with is they’re not ripping off the rich, because it doesn’t matter to the rich. They’re killing the middle class though, but that is the way it’s been and the way it will continue to be. You will either be rich (haha, jk) or poor, and that’s the end game.

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    • booly@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      They’re killing the middle class though

      Some schools might be, but not places like Chicago or Harvard. At least not through their tuition policies. They give financial aid to those up to a pretty high income threshold.

      UChicago, for example, gives free tuition to anyone who is the first in their family to attend college, or makes less than $125k a year. Harvard, as I mentioned, essentially gives free tuition up to $150k. MIT’s threshold is $200k. Families in these income ranges are doing pretty well for themselves.

      And then when students graduate from these schools they have a pretty easy path to being rich themselves. The degree, the connections, and possibly the education itself provided a pathway towards six figure jobs, maybe $200k+, before the age of 30.

      So no, I think these schools are a pretty good value proposition for even the middle class. Upper middle class has to pay the highest percentage of their own income, but it’s still worth the cost for them.

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• yournamehere@lemm.ee ⁨2⁩ ⁨days⁩ ago

  learning is just a sidehustle to the sports franchise they run?

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  • beefbot@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

    Idk why you phrased that as a question as if it isn’t pretty obvious

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    • XeroxCool@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Because it’s pretty common to turn an obvious statement into a question to make a point to the person asking?

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• recreationalcatheter@lemm.ee ⁨1⁩ ⁨day⁩ ago

  I mean if you can afford a 70k/tuition you probably already know how economics works…

  Let me ask, why are you sending your child to that expensive college and not a local community college?

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  • 18december@lemmy.world ⁨1⁩ ⁨day⁩ ago

    [deleted]

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    • winkerjadams@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

      You just answered your own question to why it’s so expensive. While a community college is still overpriced nowadays, it would probably be 1/10th of the cost. But if you’re willing to pay 70k a year then obviously someone is willing to take that much money from you.

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    • PixellatedDave@lemmy.world ⁨1⁩ ⁨day⁩ ago

      There you go. You answered your own question, awesome.

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• MedicPigBabySaver@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Higher Ed is just another broken cog in the American machine. I’m lucky to live in a state that recently made Community College free for state residents that don’t already have a college degree.

  I’m seriously considering finding a nursing program. I’ve already been in the medical field for 38 years.

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• Apepollo11@lemmy.world ⁨2⁩ ⁨days⁩ ago

  I’m sure it’s not the sole factor, but universities in many other parts of the world are partially subsided by the government.

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  • 18december@lemmy.world ⁨2⁩ ⁨days⁩ ago

    [deleted]

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    • PP_BOY_@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Then why didn’t you send your kid to school in your country?

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  • ABCDE@lemmy.world ⁨2⁩ ⁨days⁩ ago

    That, and the loan system.

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• KRAW@linux.community ⁨2⁩ ⁨days⁩ ago

  Administrative bloat. At my university, if my lab lands a grant, 60% goes to the university and only 40% is used for actual research. There’s a long chain of people whose jobs are to answer emails, and they all need to be paid.

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• rc__buggy@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

  Because it’s worth it!

  lol jk

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• ABCDE@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Honestly? Because stupid people like you keep paying it. Sounds nasty, but you are paying it, and that’s fucking stupid.

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• Blaze@feddit.org ⁨1⁩ ⁨day⁩ ago

  There was a recent post on !AskUSA@discuss.online (lemmy.world/post/23087700), feel free to crosspost there too

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• NABDad@lemmy.world ⁨2⁩ ⁨days⁩ ago

  My parents paid for me to attend a private university in the late 80’s, for which I’m both extremely fortunate and grateful.

  I wanted to do the same for my children, but there was no way. I pay half, my parents pay half, and my kids have very small loans.

  I was experiencing significant disappointment that I wasn’t able to pay for my kids’ education the way my parents paid for mine.

  At one point I used an inflation calculator to get an idea of how much my education cost in today’s dollars, and it turns out that when it’s corrected for inflation, I’m paying what my parents paid. My kids’ education is more than twice as expensive as mine was if you correct for inflation.

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• morphballganon@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Corporate greed.

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• DarkFuture@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Because there’s nothing more American than getting ripped off.

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• Lauchs@lemmy.world ⁨2⁩ ⁨days⁩ ago

  A lot of folks are overlooking one of the largest factors, unlimited student loans for whatever.

  As long as people have access to an ever increasing amount of money to use for tuition, it is in those institutions’ interests to rise their prices to extract as much as possible.

  Whereas other countries tend to subsidize their education at source, that is to say, by funding the schools directly which somehwat obviates the price gouging aspect.

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• nutsack@lemmy.world ⁨1⁩ ⁨day⁩ ago

  they didn’t used to be

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• yesman@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Student loans have dulled price-point as a major consideration for choosing a school. So they compete on other non-academic stuff that tends to raise the tuition like sports, amenities, and prestige.

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• Kroxx@lemm.ee ⁨1⁩ ⁨day⁩ ago

  The system is really bad but you should also factor in the price while searching for schools, I went to a state University, one of the minor ones, and tuition was under 10k/year. So your son paid more for 1 year than I did for my entire degree by almost a factor of 2. Some universities are way more expensive than others. I got a STEM degree and was employed 2 months after I graduated, with a very prestigious research position. So it’s not like going to a shitter on paper school had an impact on me personally.

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• sharkfucker420@lemmy.ml ⁨2⁩ ⁨days⁩ ago

  Education is paywalled

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