It's just hard for me to even fathom that an out-of-state kid is going to be paying 47k per year to attend UConn, much less the near 26k that an in-state kid will have to pay. I guess it's the "going rate" nowadays, but my God, how does anyone afford college for their kids anymore? Something I'll have to figure out in about 15 years or so...
Was just about to mention UNC. It's amazing hos they do it down there year after year. They have shopping and REAL restaurants, an amazing campus, sick sports and it costs peanuts to go there! Oh and they are consistently ranked in the top 7 public universities in the country. Uconn should be absolutely embarrassed for what they charge. It's a joke!Move to NC. My daughter's semester tuition bill at UNC Chapel Hill is $3,900 (Instate). That does not include housing, meals or books. But man that is sweet. When she transferrred from U of Rochester to UNC I was very pleased.
Was just about to mention UNC. It's amazing hos they do it down there year after year. They have shopping and REAL restaurants, an amazing campus, sick sports and it costs peanuts to go there! Oh and they are consistently ranked in the top 7 public universities in the country. Uconn should be absolutely embarrassed for what they charge. It's a joke!
UVA is virtually the same as is William and Mary and every other state university in Virginia. My son went to James Madison...ton of license plates from CT and NJ...OOS tuition just north of in state at UCONN.Move to NC. My daughter's semester tuition bill at UNC Chapel Hill is $3,900 (Instate). That does not include housing, meals or books. But man that is sweet. When she transferrred from U of Rochester to UNC I was very pleased.
UVA is virtually the same as is William and Mary and every other state university in Virginia. My son went to James Madison...ton of license plates from CT and NJ...OOS tuition just north of in state at UCONN.
Given the state budget cuts, and all the hires UConn intends to make, clearly the tuition is going to go up even more. There's no other way. The thing is, however, the publics she cites already charge more than UConn, and Umass, Vermont, Rutgers and Penn St aren't cheap either. The SUNYs are still at $2,500 a semester, so they have a lot of room to grow should they decide to use tuition to increase revenue.
That being said, public schools should not be charging over $10,000 a year. $10k is affordable for even the poorest kid (pell grants, Direct student loans, 10 hours of work study a week), but if you go above that, a kid without any family money will not be able to work his/her way through school.
Many of the kids don't pay full freight. They whole system is insane, at private schools as well. Imagine going to the Honda dealer for an Accord. Some would get a free Accord. Some would pay the $24k, and some would pay $40k to subsidize the free cars. That's higher education pricing in a nutshell.
Many of the kids don't pay full freight. They whole system is insane, at private schools as well. Imagine going to the Honda dealer for an Accord. Some would get a free Accord. Some would pay the $24k, and some would pay $40k to subsidize the free cars. That's higher education pricing in a nutshell.
Move to NC. My daughter's semester tuition bill at UNC Chapel Hill is $3,900 (Instate). That does not include housing, meals or books. But man that is sweet. When she transferrred from U of Rochester to UNC I was very pleased.
Susan Herbst or any UConn president faces a real problem over the next 10-15 years. With a very small endowment it must rely on tuition increases in the face of state funding problems. She talks about raising the endowment but that is easier said than done. The other alternative would be to somehow get more out of state students which pay a higher ticket. But if you do an analysis of the relative costs ,taking into account the average time to graduate, it makes more economic sense to go to a private school in CT that costs 55K per year but where the average student graduates in 4.6 years rather than UConn which costs 40K but the average time to graduate is 5.5 years. All you have to do is earn more than 33K in your first year of work to come out ahead. Note also that this does not take into account the probability of getting some form of grant from either the private or UConn. This makes UConn not very attractive to anyone from out of state.
Susan Herbst or any UConn president faces a real problem over the next 10-15 years. With a very small endowment it must rely on tuition increases in the face of state funding problems. She talks about raising the endowment but that is easier said than done. The other alternative would be to somehow get more out of state students which pay a higher ticket. But if you do an analysis of the relative costs ,taking into account the average time to graduate, it makes more economic sense to go to a private school in CT that costs 55K per year but where the average student graduates in 4.6 years rather than UConn which costs 40K but the average time to graduate is 5.5 years. All you have to do is earn more than 33K in your first year of work to come out ahead. Note also that this does not take into account the probability of getting some form of grant from either the private or UConn. This makes UConn not very attractive to anyone from out of state.
Time to graduate has little to do with the school. Most of the kids that take that long do so because they either f around or don't seek help figuring out where they are going.