WSJ Article on college spending

[HallX2]

Damning expose on college spending. Our friends in Storrs get top billing on spending increased compared to enrollment increases. It focuses on state schools. Sorry it’s behind a paywall. But it’s clear this trend is a key driver of the student loan crisis and is unsustainable

Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’
https://www.wsj.com/articles/state-...ding-41a58100?reflink=integratedwebview_share

 

[SHUisNJsTeam]

Tuition costs will continue to rise because the government will continue to loan money and students will continue to borrow money. When the loans stop the rising tuition costs and uncontrolled spending will stop because the well will be dry.

 

[HALL85]

Tuition costs will continue to rise because the government will continue to loan money and students will continue to borrow money. When the loans stop the rising tuition costs and uncontrolled spending will stop because the well will be dry.

Exactly. And this is also why you don't want the government anywhere near passing legislation on NIL/P4P.

 

[JoePeppitone2012]

State schools according to this article and research at its current numbers aren’t sustainable

 

[SHUisNJsTeam]

State schools according to this article and research at its current numbers aren’t sustainable

Probably a bit harsh to say ‘good’ but I really think it needs to come crashing down so we can return to a bit of sanity and reality and get away from this insane money grab.

 

[HallX2]

Tuition costs will continue to rise because the government will continue to loan money and students will continue to borrow money. When the loans stop the rising tuition costs and uncontrolled spending will stop because the well will be dry.

It’s chicken and egg. But you’re right. The monster continues to consume more and more. And in large part they can because too much easy money is available for student loans. In essence , schools are saddling students with crazy debt to build and build to attract more and more students.

And as is almost always the case it is the large state schools driving the bus off the road.

 

[jack 1970]

Damning expose on college spending. Our friends in Storrs get top billing on spending increased compared to enrollment increases. It focuses on state schools. Sorry it’s behind a paywall. But it’s clear this trend is a key driver of the student loan crisis and is unsustainable

Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’
https://www.wsj.com/articles/state-...ding-41a58100?reflink=integratedwebview_share

I could see UConn going to the ACC if asked.Good riddance as far as I am concerned.Its the only State Public University in the conference.

 

[radecicco]

ACC is the only possible landing place now. And it appears that an awful lot has to happen before that is even remotely possible.

 

[The SHUttle]

Tuition costs will continue to rise because the government will continue to loan money and students will continue to borrow money. When the loans stop the rising tuition costs and uncontrolled spending will stop because the well will be dry.

This is exactly right. Easy money on student loans drives tuition costs higher, and it's a self-feeding machine. Making loans available to those who would otherwise not receive them sounds like an altruistic hand up program, but like most government actions, the unintended consequences actually make the situation worse. Now enter "loan forgiveness", and repeat.

 

[CL82]

Damning expose on college spending. Our friends in Storrs get top billing on spending increased compared to enrollment increases. It focuses on state schools. Sorry it’s behind a paywall. But it’s clear this trend is a key driver of the student loan crisis and is unsustainable

Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’
https://www.wsj.com/articles/state-...ding-41a58100?reflink=integratedwebview_share

#1 baby!

 

[CL82]

ACC is the only possible landing place now. And it appears that an awful lot has to happen before that is even remotely possible.

It's not happening. At least not until the ACC blows up.

 

[CL82]

I could see UConn going to the ACC if asked.Good riddance as far as I am concerned.Its the only State Public University in the conference.

Yes, we undoubtedly would. Would you mind horribly if we took our NCAA credits with us?

 

[TomD82]

Yes, we undoubtedly would. Would you mind horribly if we took our NCAA credits with us?

The units stay with the conference. The exit fee might be negotiated down though.

 

[rdefabri]

See what's happening in Pennsylvania with all the mergers of the smaller State schools like Lock Haven, Bloomsburg, etc. There will be consolidation and attrition for sure.

 

[HallX2]

#1 baby!

You are indeed. Greatest disparity.

 

[CL82]

You are indeed. Greatest disparity.