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Public four-year college Private four-year college
Tuition and fees $8,655 $29,056
Room, board, books, etc. $13,606 $14,233
Total cost $22,261 $43,289
Net price (after scholarships, grants, aid) $5,750 $15,680
The choice to go to public or private school is a choice - and obviously financial affordability should be a factor when making that decision. But looking at the public school column...again, depending on what state - I suppose ~90k is a normal mortgage, but in some areas, that's a fraction of a mortgage.
90k with no "discounts" though is high, I'll give you that...but that's what happen when collusion occurs between big business, college administration, and government.
Do you live in the Northeast? Public universities still cost over $20,000 per year...and that's just tuition.
Public four-year college Private four-year college
Tuition and fees $8,655 $29,056
Room, board, books, etc. $13,606 $14,233
Total cost $22,261 $43,289
Net price (after scholarships, grants, aid) $5,750 $15,680
The choice to go to public or private school is a choice - and obviously financial affordability should be a factor when making that decision. But looking at the public school column...again, depending on what state - I suppose ~90k is a normal mortgage, but in some areas, that's a fraction of a mortgage.
90k with no "discounts" though is high, I'll give you that...but that's what happen when collusion occurs between big business, college administration, and government.
I say full time community college is between $2K to $3K where I live. For public 4 year between $4K to $6k that is just for a semester.
I still don't get why people are against paying taxes for people to have a free college education. You already pay taxes for people to pay for a private college education what's the difference?
I say full time community college is between $2K to $3K where I live. For public 4 year between $4K to $6k that is just for a semester.
I still don't get why people are against paying taxes for people to have a free college education. You already pay taxes for people to pay for a private college education what's the difference?
Yes, but there is no reason for college to be as expensive as it is.
It's expensive because of government subsidies. Because schools can now rely on students getting loans, they can pretty much charge anything they want. This means the government is giving them incentives to raise prices, instead of having them compete in the market. The thing is to reduce the amount of loans and stop having the government do this. What this has done has created another bubble, this time based on education. It's going to be a HUGE bust when it does bust. I'm looking forward to it, because we need to give education the free market. It's time for some radical changes to education, and the free market has proven it can solve this problem and keep prices competitive.
I'm not sure why you are bringing Sanders and Trump into the conversation, as it is off topic. But for the record Sanders and Trump have some similarities with respect to job creation and reversing harmful trade policies.
None of this however negates my point that by not spending huge amounts on student loans Americans will boost the economy by buying other things with that money. The same way I'm sure you would say cutting taxes generates spending. It's the same concept. Increase disposable income amongst working people and the economy gets stronger because they buy stuff.
Public universities should be low-cost, maybe charge a few thousand dollars per year in total. However, admissions should be very strict. The students must score high in some standardized exam, at least. Less qualified students can go to private colleges, if they can afford it. Some top private colleges can take top students too, if they run well.
This is actually the model in Japan and South Korea.
Most "free" services or products have little value....
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