Cost of attendance for FBS schools in Texas

9,562 Views | 85 Replies | Last: 2 yr ago by Aberzombie1892
boognish_bear
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Cost of Attendance includes tuition, room and board, book fees, and meal plan.

It's insane the inflation that's been seen in college tuition the last 20 or so years.

Daveisabovereproach
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Baylor is overpriced, but I'm shocked we are still cheaper than TCU. I'm also shocked that SMU can get away charging what they do. It's a very good school but not what I would call elite or prestigious
BellCountyBear
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Gotta pay for those coaches' salaries somehow!
BUBBFAN
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Crazy. My Freshman year at a state university in Texas the tuition was $50 a semester hour. Went up to $75 before I graduated.
boognish_bear
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BUBBFAN said:

Crazy. My Freshman year at a state university in Texas the tuition was $50 a semester hour. Went up to $75 before I graduated.


Yep....this continual increase does not seem sustainable. In the 90s it was doable to work through college and pay as you go. That's just not a reality for kids any more.
PartyBear
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Middle and upper middle class can't afford private schools anymore unless the school is so generous with scholarships thatvtheir claimed tuition isn't what they really charge.
aledocrow
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My dad paid my way through Baylor, for which I am truly thankful. The cost was about $5500 a year back then.

God blessed us with being able to pay for both of my son's degrees at Baylor. It was in excess of $45,000 / year, and honestly, we questioned whether it would be worth the cost (it was!).

Sadly, my boys may be the last generation in my family to attend Baylor. By the time my grandkids are ready for college, I fear that it will be impossible for them to go to Baylor. I get that the costs must go up, but it makes me very sad.
Aberzombie1892
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BUBBFAN said:

Crazy. My Freshman year at a state university in Texas the tuition was $50 a semester hour. Went up to $75 before I graduated.


Oddly enough, tuition was literally $0 at virtually all institutions across the US prior to the 1960s. It's funny because some people honestly don't know that, and it generally shows when they engage conversations about how bad it is now.

https://www.peoplesworld.org/article/free-college-was-once-the-norm-all-over-america/
chorne68
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Tuition at Baylor when I was there was $25 per semester hour and my room in the dorm was $75 per semester. What a deal.
curtpenn
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chorne68 said:

Tuition at Baylor when I was there was $25 per semester hour and my room in the dorm was $75 per semester. What a deal.


I started in '73. As I recall, tuition was maybe $30/hr. By '77 or '78 it was $50. I think my freshman year living in Penland was about $3,600 for tuition, room, and board for the school year.

Our son finished at SMU in 2016 while our daughter went to Temple on a partial athletic scholarship. So glad to be past all that. Worry for my grandkids, though.
beardoc
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I recently came across my cancelled check for room, board, tuition and fees for the spring of '76. It was just a little more than $750. I also found saw my tuition check to Baylor Med. Total tuition for my MD degree was $1200. Total, for all 4 years.
Harrison Bergeron
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BellCountyBear said:

Gotta pay for those coaches' DEI and administrator salaries somehow!
FIFY.

Federal loans have enabled colleges to raise costs with impunity. More people are realizing it is just not worth it. Baylor is helped by how difficult it is to get into UT. From my daughter's graduating class (5A) not a single kid went to Baylor.
pilgrim
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There are several reasons, but this is the main reason Baylor has probably lost at least half a generation of legacy students to other schools. I'm not sure it will ever matter since families of wealth are not effected. Over 75 % of my Baylor friends could not or did not send their children to Baylor, but that is just anecdotal evidence. The reality would be sobering to all, I think.
baylorrific
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Baylor grads should, I think, be proud that Baylor can demand such a high price and still fill each freshman class with a seemingly ever-improving student body.
pitchspork
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baylorrific said:

Baylor grads should, I think, be proud that Baylor can demand such a high price and still fill each freshman class with a seemingly ever-improving student body.


Ehh, I don't know about that. I think it creates a student body that's a little too rich-kid.

When I was student, I was only able to afford the place through scholarships. There was already a little too much "daddy owns an oil field" in the student body. I can't imagine that's gotten any better at these even higher prices.

Ultimately, it's a good thing for a college student to get exposure to students of other socio-economic backgrounds. It's part of your growth to realize that not everyone grows up with two luxury SUVs parked out front of the five-bedroom family home. Baylor risks becoming a country club university (if it isn't already one) if it can't get tuition prices under control.
Married A Horn
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pilgrim said:

There are several reasons, but this is the main reason Baylor has probably lost at least half a generation of legacy students to other schools. I'm not sure it will ever matter since families of wealth are not effected. Over 75 % of my Baylor friends could not or did not send their children to Baylor, but that is just anecdotal evidence. The reality would be sobering to all, I think.


In our family, the generation before mine all went to Baylor. There are 17 grandkids (all growing up wanting to go there. Exactly ONE has been able to.

My acro daughter (redshirt sophomore in South Carolina) is dying to transfer to Baylor, but if she cant make that National Championship team, she is struggling to justify the finances.
Team America
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Harrison Bergeron said:

BellCountyBear said:

Gotta pay for those coaches' DEI and administrator salaries somehow!
FIFY.

Federal loans have enabled colleges to raise costs with impunity. More people are realizing it is just not worth it. Baylor is helped by how difficult it is to get into UT. From my daughter's graduating class (5A) not a single kid went to Baylor.


Yep $18M at the University of Michigan. Who knows what it is at UT. Crying shame.
WA Jim
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Numbers are somewhat misleading - anyone that can get into TU and pay 29K can get into Baylor and will pay about 29K - that is how the "scholarships" work for private schools - if you are paying full boat at BU or TCU - you ain't that smart…
Quinton
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Im guessing you came from a working or lower middle class background. I think finding and attracting smart kids from that kind of background is critical to sustained future success. I agree the environment you describe wouldn't be good for at all. That isn't a healthy environment for strong scholarship, successful innovative alums, and unique perspectives. I agree with you on the experience.. although we probably both got an eye opening experience in reverse since we didn't need the what are struggling families perspectives like. You already lived that part.

I too was a scholarship kid. It is a bit of a culture shock even when you try to come in prepared for it. The realities and ways you experienced life are worlds apart. It was so over the top it was funny at times. But there were many like minded kids as well. But I get what you mean.. it was on that trajectory. It isn't just at higher priced schools either as I've felt some of it when hanging around UT or A&M.. although to a lesser degree. It is happening everywhere in higher education.

From what I understand I think they are pretty aggressive with scholarships and have gotten more so. The stated cost isn't paid by very many. It would be wild and frivolous to pay anything near full price.

I was at one of those high school awards ceremonies recently and the very top students not counting Ivys/Ivy like were all going to UT / BU / A&M (about equal distribution) on major scholarships. It is a concern though as for whatever reason Bu's endowment didn't not blow up during the massive asset run up from 09 - 22'. So tuition will be the main driver going forward.. the mediocre performers willing to pay are going to remain a piece of the operational picture.

ImwithBU
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Those of us that went to school after 2000 know about the price increase in tuition. Hence the reason people are crying for loans forgiveness. No more "I worked my way through college.". Younger generations better have a plan. I went and worked in underserved areas to pay off my debt. None of these privates schools are worth it without a significant amount to scholarships
Johnny Bear
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WA Jim said:

Numbers are somewhat misleading - anyone that can get into TU and pay 29K can get into Baylor and will pay about 29K - that is how the "scholarships" work for private schools - if you are paying full boat at BU or TCU - you ain't that smart…

Having had a highly academically qualified daughter graduate from Baylor in 2017, I can say that it still cost more than schools like UT and A&M even with her partial academic scholarship and additional tuition "discount", but your point is well taken in that Baylor can and will make itself at least competitive with the state schools for a good or better student. Put another way if someone is paying full price for a highly qualified student attending Baylor it's either by choice, or because of gross ignorance.
ImwithBU
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WA Jim said:

Numbers are somewhat misleading - anyone that can get into TU and pay 29K can get into Baylor and will pay about 29K - that is how the "scholarships" work for private schools - if you are paying full boat at BU or TCU - you ain't that smart…


Well this is just wrong. I got the highest scholarship Baylor offered outside a full ride and it still wasn't half the cost of going to school there. Blessed enough to get other scholarships so it didn't matter. Outside of that Baylor just wasn't worth it
WA Jim
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Well sorry to say - you didn't get the "highest" partial scholarship Baylor has to offer if you paid more than 29K per year to attend BU
Alf
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aledocrow said:



Sadly, my boys may be the last generation in my family to attend Baylor. By the time my grandkids are ready for college, I fear that it will be impossible for them to go to Baylor. I get that the costs must go up, but it makes me very sad.

Why must the costs go up? This college tuition bubble sooner or later will pop (more likely sooner) when it happens universities will be forced to cut costs and tuition and there is plenty of room for cuts without affecting education.
mtenery14
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I graduated with zero student debt after earning enough scholarships and need-based grants. I graduated in 2014 and came from a single income house in the height of the financial crisis. I even had money sent back to me each semester that helped me pay rent/bills. Then I waited tables my senior year to cover anything else.

My academic rank in high school was pretty high, but my SAT scores were just average, which got me a mid-tier scholarship. I also had a music scholarship and a small outside scholarship from Scottish Rite hospital in Dallas. After my freshman year, my GPA was high enough to earn an additional large, renewable scholarship through the university.

Point is, if students do enough digging and demonstrate need, there will be opportunities to get the costs down. If I had gone to UT, Tech, or heck, even SFA/SHSU, I would have graduated with debt. Baylor was a blessing in so many ways, but keeping me out of debt was one of the biggest.
Fre3dombear
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boognish_bear said:

Cost of Attendance includes tuition, room and board, book fees, and meal plan.

It's insane the inflation that's been seen in college tuition the last 20 or so years.




Total waste of money for most everyone attending
Jorkel
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Junior college and transfer into a 4 year. At the end of the day you get a degree with the name on it.
ImwithBU
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WA Jim said:

Well sorry to say - you didn't get the "highest" partial scholarship Baylor has to offer if you paid more than 29K per year to attend BU


I'm pretty sure I know what I got. There is tuition then there is cost of living, the force meal plans and requirement to stay on campus early on. Either way it's a moot point, I went to Baylor for free due to a combination of scholarships. My debt was from Med school and Baylor is more expensive than that. So again not with it in this day in age
atomicblast
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Remember this bu-ll-sh-it when boomers say to pull yourselves up by your bootstraps.
ScottS
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I paid $5k a year at Baylor but that was some years ago....
Redbrickbear
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Fre3dombear said:

boognish_bear said:

Cost of Attendance includes tuition, room and board, book fees, and meal plan.

It's insane the inflation that's been seen in college tuition the last 20 or so years.




Total waste of money for most everyone attending

ut-Austin at $29,000 is the only deal on the list.

And this is with me hating that school with every fiber of my being.

But that price for a very highly ranked state school and in the very expensive Austin metro market is a good deal.

The rest are down right laughable....over $35,000 a year for any of the Texas private schools is a joke....and I can not even imagine anyone paying that price for Texas State or UTSA (both should cost about 15K all in).
Aberzombie1892
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Redbrickbear said:

Fre3dombear said:

boognish_bear said:

Cost of Attendance includes tuition, room and board, book fees, and meal plan.

It's insane the inflation that's been seen in college tuition the last 20 or so years.




Total waste of money for most everyone attending

ut-Austin at $29,000 is the only deal on the list.

And this is with me hating that school with every fiber of my being.

But that price for a very highly ranked state school and in the very expensive Austin metro market is a good deal.

The rest are down right laughable....over $35,000 a year for any of the Texas private schools is a joke....and I can not even imagine anyone paying that price for Texas State or UTSA (both should cost about 15K all in).


The numbers include things like housing and food (which I think wasn't necessary), so it makes the schools all look a bit more expensive than they actually are.
BUBBFAN
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atomicblast said:

Remember this bu-ll-sh-it when boomers say to pull yourselves up by your bootstraps.

Yea, but in 1970 the state base in Texas for a teacher was $6,000 a year. Chew on that.
Redbrickbear
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Aberzombie1892 said:

Redbrickbear said:

Fre3dombear said:

boognish_bear said:

Cost of Attendance includes tuition, room and board, book fees, and meal plan.

It's insane the inflation that's been seen in college tuition the last 20 or so years.




Total waste of money for most everyone attending

ut-Austin at $29,000 is the only deal on the list.

And this is with me hating that school with every fiber of my being.

But that price for a very highly ranked state school and in the very expensive Austin metro market is a good deal.

The rest are down right laughable....over $35,000 a year for any of the Texas private schools is a joke....and I can not even imagine anyone paying that price for Texas State or UTSA (both should cost about 15K all in).


The numbers include things like housing and food (which I think wasn't necessary), so it makes the schools all look a bit more expensive than they actually are.
sure.

But that is why my still point stands.

$29,000 all in for ut-austin is a good deal....even if I don't like ut.

68K for Baylor or 70k for TCU is a joke. And the same for SMU and the others.

A decent all in price at Baylor (tuition, meals, & housing) should be $35,000-$40,000.

For instance my wife and I pay $1100 in monthly payments for a decent size house. We pay $300 a week for groceries for 3 kids. So lets say Baylor needs to charge that same amount for housing and meals for each student (they don't)...basically around $27,600 a year in housing and meals. That means they are still charging $40,400 for just tuition.

Its ridiculously expensive for a school in Waco Texas.





boykin_spaniel
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My dad paid his way through college working summers, winters, and taking one semester off to work. I worked summers and winters and that barely made a dent. A lot of internships don't pay and if they do it is very little. Know people who paid for school working oil fields or construction in the summer but if you're majoring in finance it probably helps to get a finance internship. Hopefully Baylor is finding a way to keep a diverse socioeconomic student base. My friend group in college was quite diverse. As mentioned above college kids need to experience all kinds of folks to help prepare for the working world. I had friends who needed to learn not everyone drives a Range Rover and friends who needed help getting proper work attire for a business interview.

Growing numbers, specifically young men, are not going to college. With costs like these no wonder. As long as they're getting apprenticeships or something more power to them. Will definitely be the end of some schools, which isn't necessarily a bad thing. Some economists worry though that these kids are just staying in their parents basements which would be bad.

The tv show The Wire breaks down economic strata very well. For people to pull themselves up by their bootstraps they first need boots and straps. For many college is not becoming a way to pull yourself up but a mechanism to keep you down. People with expensive PHD's make less than a construction foreman with a GED. Why pay all that money then? Go swing a hammer.
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