ahhaha's ahs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ahhaha's ahs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Adams who wrote (3209)	10/19/2001 12:41:45 PM
From: GraceZ	Read Replies (1) of 24758

On another line, the primary hold back on developing nations and islamic countries is considered to be an educated workforce I quick walk around a private college or university campus and you know that secondary school education is becoming one of our fastest growing exports. My studio is a few blocks from Johns Hopkins and the stat that comes to mind is 1/3 of the undergraduates are Asian. I do a lot of work for companies that do marketing for colleges. There has been a shrinking pool of college age students in this country for the last twenty years and there is an enormous amount of competition for those students (judging from the amount of money spent on these marketing campaigns). This is while the price of a private education has risen several percentage points above the basic inflation rate. One has to wonder how the price is rising so fast when you consider that the competition for students has increased. State schools may not have risen as fast, but as you know, the tuition price doesn't even come close to covering the cost of that education. I'm old enough to remember state school semester costs around $300-500 a semester for in state students. The difference is picked up by the tax payers. The 200k price you hear is the high end. One article I read a while back claimed that the competition has heated up for the state schools primarily because the student that would have gone to a private college in the past was forced to go to the state school because the price of private education is so far out of reach. This pushes out the students on the lower end of the scale in the state schools. 100k-170k is more like it for four years at the average private college. As for room and board included, yes this is in that figure, but some schools have made it so that unless the student can live with an immediate relative they are required to live in the dorm for the first two years, so it's not optional. All I know is that I have an awful lot of friends who are solidly upper middle class hoping that their kids are willing to go to a state college because they have no idea how they will pay for anything else. When I went to college in the seventies I went to a private college that was in the medium price range. It was still possible for a student to get a summer job that would pay them enough to cover the next years tuition. I know because I had several friends who did exactly that because their parents refused to pay for that school (an art college) and they were not eligible for financial aid. Now the school costs 30k a year. Try to make that after tax in a summer job straight out of high school.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next