Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?

jeffw@lemmy.worldmod to News@lemmy.world – 454 points –
Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?
nytimes.com
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My school was expensive but was marketed as cheaper. It was cheaper through scholarship, factored in Pell grants and did not comsider the extra fees from bureaucracy.

The problem is that when you try to work while paying for school the grants go down and you pay more and still struggle.

While you do this you see your school build a sports stadium and see host extravagant dinners with business clients. You see how much the president or dean makes and how much the professors make.

I gave up and transferred to a non-profit university and the experience was night and day. It was affordable and the staff worked for you.

Holy shit dude, for profits are fuckin terrible. Although, that being said, I don’t know of any for-profits that have sports teams or large stadiums.

And I would also add that academia doesn’t really pay that well, at least for professors. They could make much more in industry in a lot of cases

Any private university is for profit, they just don't explicitly say it.

Ones that aren't directly corporate run and owned by their shareholders just go through more steps to funnel money to the rich

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