$$$: Tuitions jump at public colleges

According to the WSJ

Tuition at public colleges jumped last year by a record amount.

The average amount that students at public colleges paid in tuition climbed 8.3% last year, the biggest jump on record.

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In some cases, state tuition has risen so much that costs approach what students might pay at a private college.

Tuition revenue accounted for a record 47% of educational funding at public colleges last year.

Rising tuition costs are “another example of the bind that public institutions are in,” said Sandy Baum, an economist at Skidmore College.

Unless we make public funding a higher priority, the funds are going to have to come from parents and students.”

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Ken’s Take:

“Unless we make public funding a higher priority, the funds are going to have to come from parents and students.”

Say, what?

What’s so bad about that?

Most interesting factoid: less than half of schools’ “funding” comes from tuitions

Shouldn’t “consumers” of education – those who get the direct benefits — pay the bulk of the costs?

Before you say “But, some can’t afford it” …  Keep in mind that the Fed Dept. of Education doles out over $40 billion in Pell Grants annually … that’s counted as “tuition”.

Hey, Professor Baum: What about making the delivery of education most cost-efficient?

Schools have to focus on their primary mission: educating students … and do it more cost-effectively.

Cut the frills, drive productivity and, oh yeah, use the internet.

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One Response to “$$$: Tuitions jump at public colleges”

  1. jpgoetz Says:

    You assume a school’s primary mission is to educate students. I assert the school’s primary mission is to ensure the survival of the school (and it’s remunerative bureaucracy). For example,the practice of rewarding an expert grant-writer with a reduced teaching load (ostensibly to allow them time for research instead of teaching) doesn’t serve the student at all in two ways: it removes the expert from the classroom (usually replaced by lesser-educated and less-expensive adjunct professors); and it tends to focus the school’s attention on professors’ needs rather than students’ needs (that is, schools will eventually pay more attention to the money sources). I’m not saying this is necessarily bad, nor do I mean to imply it isn’t necessary*, but I don’t think schools are in it primarily for the edification of their students anymore.

    *(how else do we accomplish research — private funding? Look at the pharmaceutical industry for an example of how well *that* goes for the public)

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