This February 15, 2012 file photo shows Stanford University students walking in front of Hoover Tower on the Stanford campus in Palo Alto. The university is one of several universities caught up in the college admissions scandal that is being fought in federal court. (AP Photo/Paul Sakuma, File)
You don't have to be Robert Oppenheimer to understand that paying $100,000 for one year of college is ridiculous.But the New York Times report Costs for engineering students attending Vanderbilt University in Nashville will reach $98,426 this fall.throw in spring break In Fort Lauderdale, it's over $100,000.
It only applies to 35% of students from wealthy families. The remaining 65% receive some type of need-based aid or academic scholarship. And Vanderbilt is a private school. Still, the $100,000 figure is staggering and indicates that college is generally priced too high.University of California peg The total cost for 2024-2025 is $42,236 for in-state students living on campus and $76,436 for non-residents.
Federal Reserve Board tabulated As of Q3 2023, student loans totaled $1.7 trillion. This has doubled since 2010 and tripled since 2006. This often becomes a major problem for decades after graduation.No wonder, Best College reportSince 2010, university enrollment has fallen by 1.95 million, or 10%, to 17 million.
Management bloat accounts for a large portion of cost increases.2021 Research in Socioeconomic Review tabulated Between 1976 and 2018, student enrollment at U.S. colleges and universities increased by 78%. For full-time faculty, the rate is slightly higher at 92%. However, full-time administrators more than doubled his percentage of students, an increase of 164%. and “Other Experts” jumped 452% on him.
“What we're building is not a learning system, but rather a dependency system,” Lance Christensen said. He placed second in the 2022 election for California Superintendent of Public Instruction and currently serves as vice president of education policy and government affairs at the California Policy Institute. He also has a son who will soon attend Brigham Young University in Utah.
Christensen noted that many young people are beginning to realize that they don't have to take on large amounts of debt to attend college and can get well-paying jobs. according to According to Washington Post Jobs, the top 10% of electricians earn $99,800 annually, plumbers earn $99,920, carpenters earn $80,940, bricklayers earn $78,810, and HVAC technicians earn $78,210. You can earn a dollar salary.
He highlighted a growing number of online courses, including computer programming, which are available for free on YouTube and Khan Academy. Or intensive, specialized “boot camps” that charge far less than college tuition. U.C.I. coding bootcampis one of the best programs in the country, with a full-time, 12-week rate of $13,495, which includes job placement assistance.
He also noted that many students are angry about the political correctness being forced into many classrooms. They don't like paying a lot of money for mere education.
Meanwhile, the Biden administration's approach to higher education is primarily aimed at using millions of Americans' massive student loans as essentially a vote-buying scheme.
Last year, the U.S. Supreme Court rejected President Biden's cynical and unconstitutional attempt to cancel student loan debt without Congressional approval. Nevertheless, the president is still looking for ways to do the same, keeping in mind that he is buying goodwill from affected voters in an election year.
The goal of widely affordable and accessible education and skills training is laudable. However, the trend of increasing higher education costs continues. Subsidy available I can't bear the debt.
You don't need an accounting degree to avoid college costs.
