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Vashta Nerada

(3,922 posts)
45. My college spent millions on a new housing complex...
Tue Mar 11, 2014, 11:13 AM
Mar 2014

and, four years after being built, it is still only half full. Why? Because they charge $11,000 for 12 month lease. Most college students can pay 1/2 that off - campus.

the availabilty of loans drove prices up as colleges beachbum bob Mar 2014 #1
+1 nt MannyGoldstein Mar 2014 #9
Very true. llmart Mar 2014 #15
There's the trees getting in the way of the forest. fleabiscuit Mar 2014 #19
Loans did not drive prices up. Tax cuts to education drove prices up kemah Mar 2014 #27
^^^ THIS Stuckinthebush Mar 2014 #31
Yup. FloridaJudy Mar 2014 #58
This is false on it's face, there's less money going to colleges from state and feder government ... uponit7771 Mar 2014 #53
Complete and unadulerated Horse Shit... Jeff In Milwaukee Mar 2014 #67
I blame the neo-conservatives who took an axe to the taxes and budgets liberal N proud Mar 2014 #2
In Iowa taxes on corporations were cut so far rurallib Mar 2014 #22
My oldest starts in August at Iowa State exboyfil Mar 2014 #33
Colleges had no choice? former9thward Mar 2014 #48
True, maybe it is all the technology? treestar Mar 2014 #3
Out in the world, computerized instruments have driven massive productivity gains. Thor_MN Mar 2014 #11
Most items I have read disagree with you joeglow3 Mar 2014 #25
The "competing for students" part is exactly right starroute Mar 2014 #28
In the 90's our dorm room was tiny joeglow3 Mar 2014 #29
It's both the instructional technology and the student information systems that have grown. Gidney N Cloyd Mar 2014 #44
k/r marmar Mar 2014 #4
Are you saying we should be looking at Big Education? Savannahmann Mar 2014 #5
Same way housing did, easy loans create a bubble. nt bemildred Mar 2014 #6
Administrators are part of the answer. Adrahil Mar 2014 #7
+1 jsr Mar 2014 #51
YES!! There's NO FREAKIN REASON the head football coach should get paid 5 million a year! uponit7771 Mar 2014 #54
There is EVERY FREAKIN REASON if their program brings 10 million in revenue to the school OmahaBlueDog Mar 2014 #69
Football programs are only "profitable" at the top football schools. Adrahil Mar 2014 #70
Coaches only get $5 million per year at top football schools OmahaBlueDog Mar 2014 #72
Yup. Starry Messenger Mar 2014 #66
It's simple... RoccoR5955 Mar 2014 #8
The biggest problem is change in state support for college. Sancho Mar 2014 #10
At my local community college, state support has been cut WAY back in recent years. raccoon Mar 2014 #12
It's probably always been expensive. Turbineguy Mar 2014 #13
Very well thought out post...... llmart Mar 2014 #14
not only do the educated earn more and pay more taxes - they are often rurallib Mar 2014 #24
This is yet another result of corporate rule. Enthusiast Mar 2014 #16
Don't forget the H1B visas... freebrew Mar 2014 #18
Bad policy is hurting us in many ways. Enthusiast Mar 2014 #36
yes! especially on the 3rd paragraph: everything valuated strictly on dollar terms MisterP Mar 2014 #63
demand alc Mar 2014 #17
Why does a college president get paid a million bucks? Demeter Mar 2014 #20
+1 xchrom Mar 2014 #21
UT has over $8Billion in its endowment. Why are student fees going up every year? marble falls Mar 2014 #23
And 6,643 gold bars in a New York bank vault jsr Mar 2014 #52
Ronald Reagan and his ilk. MineralMan Mar 2014 #26
That fucker is to blame for 90% of our problems today liberal N proud Mar 2014 #34
Well, it's less him than those who supported and controlled him. MineralMan Mar 2014 #37
He is still at fault liberal N proud Mar 2014 #42
I'm not supporting him here, or anywhere. MineralMan Mar 2014 #43
Good article, but I wish people would proofread these things n2doc Mar 2014 #30
A colleague at my small state college recently retired QC Mar 2014 #32
"You NEED this diploma, sucker, so COUGH UP!!" HughBeaumont Mar 2014 #35
It is a personal service industry that has not increased productivity. FarCenter Mar 2014 #38
But the services have broadly expanded also. Gidney N Cloyd Mar 2014 #46
And at research institutions, administrative cost have risen FarCenter Mar 2014 #50
They've always been expensive. Back in the 1950s the government paid jeff47 Mar 2014 #39
In the 80's University College Dublin (public school) subsidized the following: Divernan Mar 2014 #57
Public universities w/ obscenely luxury dorm facilities; for one percenter wannabes? Divernan Mar 2014 #40
My college spent millions on a new housing complex... Vashta Nerada Mar 2014 #45
Lifestyle and amenities on campus are better than almost all will be able to afford after graduating FarCenter Mar 2014 #47
I have 3 degrees & it's better than I can afford right now! Divernan Mar 2014 #49
Holy crap! FloridaJudy Mar 2014 #60
Geez, who built these? Cronies of big wig admins? alp227 Mar 2014 #65
Because there are too many workers. lumberjack_jeff Mar 2014 #41
Government cuts to education spending. n/t tammywammy Mar 2014 #55
A better question might be: Where does all the money go? Silent3 Mar 2014 #56
Boomers realized they didn't want to pay the taxes to fund them. taught_me_patience Mar 2014 #59
Working class income stagnated Warren Stupidity Mar 2014 #61
I attended state university in OH from 1972-76. stopbush Mar 2014 #62
public disinvestment in higher education... mike_c Mar 2014 #64
Funny you should ask, since we're college shopping OmahaBlueDog Mar 2014 #68
MBA's and other financial wizards took over colleges and hospitals and developed a long list of Douglas Carpenter Mar 2014 #71
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