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/biz/ - Business & Finance

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19261198 No.19261198 [Reply] [Original]

Why is tuition so high in the States? Are boomers to blame for this? The colleges? I can't fathom why a degree costs so much

>> No.19261360

>>19261198
Your intuition is correct. I'm at a top university, taking all classes online till at least winter 2021. It's actually a better learning experience. University is strictly for the social life. Minus that it's no better than some online course.

>> No.19261480

>>19261198
Greedy boomers who kept raising tuition so they could use tax payer money to buy lambos.

https://www.theatlantic.com/education/archive/2018/09/why-is-college-so-expensive-in-america/569884/

>> No.19261509

>>19261480
It's the government's fault for giving out student loans like candy. Of course someone will try to exploit that

>> No.19261525

>>19261360
I am at a top grad school and I can also attest to what this anon said.

University is essentially a party club. If you are looking to get a grad degree then pick the school that works best for you. Do not buy any memes unless you're getting a scholarship or it's a top 10 school.

It's expensive because the industry is broken. The government loans mean universities can price tuition to whatever they want.

>> No.19261560

the bulk of white collar jobs are degree-gated, meaning you must pay into the system for entry. then all these colleges started wondering how to offer degrees for as little overhead as possible (good professors and equipment are expensive) so they greatly expanded their cheapo liberal arts / soft sci / “philosophy” departments while still charging the same price for objectively far worse degrees and education. add into this a predatory loan industry and a criminally undereducated freshman body willing to pay whatever and you get absurd prices

>> No.19261580

State schools are usually cheap. It was almost free for me. But my private grad school cost me $180k.

>> No.19261611

>Why is tuition so high in the States? Are boomers to blame for this? The colleges? I can't fathom why a degree costs so much
I've said this before but the free trade scam underlines the college scam.

As the manufacturing jobs were outsourced in the 1990s, colleges now had a monopoly on the path to the few middle class jobs still in America. They decided to cash in and start hiking tuition.

>> No.19261626

because americans cannot into responsible planned economic initiatives, education should be paid for by the state

>> No.19261730

>>19261198
Y they fucked up. That's why loaded up on ESH and COTR. Gotta pay off my shit fast

>> No.19262085
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19262085

>>19261198
Guaranteed loans resulted in obscene administrative bloat which required higher tuition prices to sustain the growing infestation of parasites, which continued because there was no price pressure pushing against it because loans were guaranteed.

So you could say that all the Government, riddled with mindless parasites, facilitated this. You could say that deranged boomers fed Keynesianism via the Jewish indoctrination box caused this. You could say that the colleges, seeing an opportunity to profit and further their insidious ideological agenda, caused this. You could say all these things and be correct.

But the core of the problem is that there is no downward price pressure. The system isn't economic, it isn't capitalist. It is political distribution, Keynesian.

Socialism. Socialism is the fucking problem, every fucking time.

Either you choose the emergent order algorithm with its self-regulating price signals which solves for efficiency and quality over time (capitalism) or you choose beaurocratic distribution which embeds corruption and rots systems from the inside out until they collapse in on themselves.

This collapse is now beginning to occur with universities. Witness.

>> No.19262257

My friend is about to go to college. I'm trying to make him understand he isn't going to be able to get a job and is going into massive debt. But how do you convince a person working at a gas station that college isn't going to help their life? Maybe it will, but I struggled for years to get a job after college and he told me suck it up, get a job at McDonald's. Part of me wants him to fall.