That graph tells the story. Out of control tuition inflation and rising healthcare costs are taking a hatchet to the middle and upper middle class.Redbrickbear said:sure.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.Cost of Attendance (COA) of Texas FBS Schools pic.twitter.com/kxs8ohKYo8
— Texas Football Life (@txfblife) January 7, 2023
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.
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.
Cost of attendance for FBS schools in Texas
9,615 Views |
85 Replies |
Last: 2 yr ago by Aberzombie1892
boykin_spaniel said:
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.
Well, you bring up some obviously interesting points, but this is just where the US is right now with college tuition - the net result of the ever-expanding mess with tuition in general since the late 80s.Redbrickbear said:sure.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.Cost of Attendance (COA) of Texas FBS Schools pic.twitter.com/kxs8ohKYo8
— Texas Football Life (@txfblife) January 7, 2023
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.
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.
If the government ever ceases to back student loans, private universities like Baylor that do not have like a Vanderbilt/Rice/WashingtonUSTL/Duke/Emory sized endowment would find themselves in a scary situation since those scholars with smaller endowments would not be able to support on-going operations and capital expenditures based virtually solely off of their endowments. Consider the below question. Remember, the loss of government backed loans would create a trickle down effect on schools competing for candidates - especially those willing to pay. Any private school that currently has a no loan policy for up to $125k family income and/or has a $4B+ endowment will probably be fine - it would be the other private schools that would be in trouble.
is there enough interest in Baylor for there to be enough candidates willing to pay full freight/primarily rely on school offered scholarships - without the aid of government backed loans - to prevent the school from falling into a downward spiral of siphoning its endowment into oblivion just to continue its existence?
Mine, too.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.
Started in 1970 and the $25 per semester hour stayed until I graduated IN FOUR YEARS!!!
Back then if you didn't finish in four, people thought there was something wrong with you.
“If you have a job without aggravations, you don’t have a job.”
Malcolm Forbes
Malcolm Forbes
It just boogles my mind that Baylor's endowment growth is so pathetic. Very very worrisome too.Aberzombie1892 said:Well, you bring up some obviously interesting points, but this is just where the US is right now with college tuition - the net result of the ever-expanding mess with tuition in general since the late 80s.Redbrickbear said:sure.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.Cost of Attendance (COA) of Texas FBS Schools pic.twitter.com/kxs8ohKYo8
— Texas Football Life (@txfblife) January 7, 2023
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.
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.
If the government ever ceases to back student loans, private universities like Baylor that do not have like a Vanderbilt/Rice/WashingtonUSTL/Duke/Emory sized endowment would find themselves in a scary situation since those scholars with smaller endowments would not be able to support on-going operations and capital expenditures based virtually solely off of their endowments. Consider the below question. Remember, the loss of government backed loans would create a trickle down effect on schools competing for candidates - especially those willing to pay. Any private school that currently has a no loan policy for up to $125k family income and/or has a $4B+ endowment will probably be fine - it would be the other private schools that would be in trouble.
is there enough interest in Baylor for there to be enough candidates willing to pay full freight/primarily rely on school offered scholarships - without the aid of government backed loans - to prevent the school from falling into a downward spiral of siphoning its endowment into oblivion just to continue its existence?
Lots of guys going to tech schools now and doing well. TSTC offers the following programs that can be completed for less than $14k.
Industrial Systems
Robotics and Industrial Control
Mechatronics Technology.
That last one sounds like you'll be working on giant mechas.
Hell yes.
But probably not.
But if they really want to be rich, they will enroll in the Plumbing Technology program.
Industrial Systems
Robotics and Industrial Control
Mechatronics Technology.
That last one sounds like you'll be working on giant mechas.
Hell yes.
But probably not.
But if they really want to be rich, they will enroll in the Plumbing Technology program.
The 2 years at community college before finishing at a 4 year is the best financial choice. You just miss out on the fun college freshman experience though. Some of my favorite memories were from freshman year at BU.
boognish_bear said:
The 2 years at community college before finishing at a 4 year is the best financial choice. You just miss out on the fun college freshman experience though. Some of my favorite memories were from freshman year at BU.
I think more and more people are beginning to realize that the 'college experience' isn't worth the sticker price, especially since wages are not rising proportionally with the cost of living
CorsicanaBear said:
Lots of guys going to tech schools now and doing well. TSTC offers the following programs that can be completed for less than $14k.
Industrial Systems
Robotics and Industrial Control
Mechatronics Technology.
That last one sounds like you'll be working on giant mechas.
Hell yes.
But probably not.
But if they really want to be rich, they will enroll in the Plumbing Technology program.
there was a 17 year old kid at my church a couple years back that had welding experience and had an offer on the table to be a welder for pretty dang good money for a 17 year-old. Can't remember what he told me
Undergrad at BU (Boston U, that is)...and grad degrees at MIT and Brown. Never paid a single penny for any of it.
Sticker price and what people actually pay is often vastly different. I'm paying far less that the TX state school rates to put our bear thru undergrad at Baylor.
Sticker price and what people actually pay is often vastly different. I'm paying far less that the TX state school rates to put our bear thru undergrad at Baylor.
I can tell you that a lot of the kids taking on debt to be at Baylor are under the impression that they are going to walk into whatever business with their freshly printed degree and walk out with a solid job. That is far from the reality from many young alumni that I have interacted with. There are a couple programs like accounting where a Baylor degree is pretty well respected, but for most jobs, it's just a box that is being checked unless you have some sort of connection
Yep....that's the cost benefit analysis every family will have to make on their own. Are the fun life experiences you would get in the first 2 years on a college campus really worth all the extra money?No Quarterback said:boognish_bear said:
The 2 years at community college before finishing at a 4 year is the best financial choice. You just miss out on the fun college freshman experience though. Some of my favorite memories were from freshman year at BU.
I think more and more people are beginning to realize that the 'college experience' isn't worth the sticker price, especially since wages are not rising proportionally with the cost of living
You can live at home and attend Collin College for $5,000 a year. That's a $20,000 a year savings over the "cheaper" 4 year Texas schools.
boykin_spaniel said:
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.
A generation of Wusses. It will Correct itself here soon. Probably in the next decade or so. Can only bend nature so far with woke nonsense before it snaps back and things go back to more normal
Around like 85% of jobs are attained via networking. Schools need to really improve teaching kids how to do that. Have a buddy who was in charge of hiring interns from the elite Vanderbilt University, not to call them out, but he's got some very funny yet sad stories of these kids applying. It's like they'd never been taught in their entire life on how to interact in a professional setting.
I had a couple professors at Baylor who were quite helpful in regards to networking. Once you get a couple years experience no one even cares where you went or what your GPA was. Just if you can do the job and preferably they know someone who speaks highly of you.
I had a couple professors at Baylor who were quite helpful in regards to networking. Once you get a couple years experience no one even cares where you went or what your GPA was. Just if you can do the job and preferably they know someone who speaks highly of you.
Started at $10/semester hour (we were on trimester system back then.
Howled when they raised it to $12/semester hour.
As someone said above the cost is incredible and hard to justify.
Howled when they raised it to $12/semester hour.
As someone said above the cost is incredible and hard to justify.
Community college makes so much financial sense but my first two years of BU were some of my best memories. Great time to figure out how to live sans parents and try on some different hats. Community college does not have a giant football stadium… not that education should be about that but it certainly helps teach kids to stay on top of their work or what happens when they don't
The issue is most everyone is getting a degree that has zero chance of paying off in 10-20 years. Most people don't work in field of their degree. So can make arguments about networking at college xyz etc
That said, media has convinced them "with a degree, you're educated". Nah
That said, media has convinced them "with a degree, you're educated". Nah
boykin_spaniel said:
Around like 85% of jobs are attained via networking. Schools need to really improve teaching kids how to do that. Have a buddy who was in charge of hiring interns from the elite Vanderbilt University, not to call them out, but he's got some very funny yet sad stories of these kids applying. It's like they'd never been taught in their entire life on how to interact in a professional setting.
I had a couple professors at Baylor who were quite helpful in regards to networking. Once you get a couple years experience no one even cares where you went or what your GPA was. Just if you can do the job and preferably they know someone who speaks highly of you.
I have a friend that is a software engineer for an oil and gas firm and has sat in on interviews of recent graduates from Ivy League schools. He told me that the ivy league grads aren't nearly as well prepared as they think they are, and that there really isn't a correlation between hireability and having a degree from a prestigious university, at least from what he's seen
Most of the really successful people I've come across are not Ivy League alums. Tennessee, Ole Miss, Alabama, LSU, Texas, Belmont, etc. Know some successful Vandy, Stanford, UVA/UNC but honestly fewer. Maybe just area I live but do think it shows you don't necessarily need the most prestigious of degrees
Going through this right now with my senior in high school daughter. She is not interested in BU due to the tuition costs, even though I have saved enough to afford it.
Rice is the bargain for the middle class. Free tuition for a family making $140,000 or less and a full ride for those making $75,000 or less. The trick is getting in.
Okie Lite, OU, UT and aggy would heavily trump Tennessee, Ole Miss, Alabama in Corporate HQ's. Most likely due to Energy sector and construction.boykin_spaniel said:
Most of the really successful people I've come across are not Ivy League alums. Tennessee, Ole Miss, Alabama, LSU, Texas, Belmont, etc. Know some successful Vandy, Stanford, UVA/UNC but honestly fewer. Maybe just area I live but do think it shows you don't necessarily need the most prestigious of degrees
Not sure when Rice started charging tuition but it was always tuition free from it's founding until 1960's or maybe 70's.
They use to award full scholarship to the two highest grads in every Houston high school.
They use to award full scholarship to the two highest grads in every Houston high school.
boykin_spaniel said:
Most of the really successful people I've come across are not Ivy League alums. Tennessee, Ole Miss, Alabama, LSU, Texas, Belmont, etc. Know some successful Vandy, Stanford, UVA/UNC but honestly fewer. Maybe just area I live but do think it shows you don't necessarily need the most prestigious of degrees
To be fair, that's a numbers game like saying there are tons of 3* players in the NFL when 5* players have a ~50% chance of being drafted.
I get the numbers argument but my main point is success isn't based on the name of a school. I highly doubt Harvard is way more challenging than Baylor once you get in. Plenty of no names graduate from Ivy Leagues. Comes down to what you do after. Success is of course relative.
Pilot and Garmin founders were Tennessee alums. Founder of Clayton Homes and Charles Holliday former chairman of Shell and Bank of America are also Tennessee alums. Thomas Frist, co-founder of HCA, is an Ole Miss alum. Honestly more energy people from Tennessee than I recalled.
Sure, and I'm not arguing otherwise. I'm simply saying, for example, that there are way more LSU alumni than Tulane alumni, so it stands to reason that there may be a higher quantity of LSU alumni in meaningful roles, however, the sheer number of LSU alumni in those roles is not evidence that LSU provides a similar chances as Tulane at getting those roles.boykin_spaniel said:
I get the numbers argument but my main point is success isn't based on the name of a school. I highly doubt Harvard is way more challenging than Baylor once you get in. Plenty of no names graduate from Ivy Leagues. Comes down to what you do after. Success is of course relative.
Costs have been flat at Purdue and < $10K for 10+ years. Care to guess why?
We are a second generation Baylor family. When we are done in a few years, none of the 10 third generation kids will have a Baylor degree. My daughter went to ACU because it was what Baylor used to be. My son wanted BU but I couldn't pay and he understands that walking away with as little debt as possible is the most important thing, so he is at UArk. He is actually dreading the Jan 28 basketball game. My third will not be at BU either. It isn't a cost effective job. Even with the presidential scholarship. My daughter got that offered but that just meant other schools were offering more. Love Baylor. Bleed green and Gold. But the Baylor I went to is long gone.
Bleed Green said:
We are a second generation Baylor family. When we are done in a few years, none of the 10 third generation kids will have a Baylor degree. My daughter went to ACU because it was what Baylor used to be. My son wanted BU but I couldn't pay and he understands that walking away with as little debt as possible is the most important thing, so he is at UArk. He is actually dreading the Jan 28 basketball game. My third will not be at BU either. It isn't a cost effective job. Even with the presidential scholarship. My daughter got that offered but that just meant other schools were offering more. Love Baylor. Bleed green and Gold. But the Baylor I went to is long gone.
It's gotten to be pretty liberal/progressive Christian. Not trying to turn this into a politics thread, but if a kid is looking to find an actual Christian school that practices and preaches the gospel, there are better/cheaper options.
GEE I CANT IMAGINE WHY!! ALL LEGACIES SEND THEIR KIDS SOMEWHERE ELSE AND DONT GO TO BAYLOR.No Quarterback said:Bleed Green said:
We are a second generation Baylor family. When we are done in a few years, none of the 10 third generation kids will have a Baylor degree. My daughter went to ACU because it was what Baylor used to be. My son wanted BU but I couldn't pay and he understands that walking away with as little debt as possible is the most important thing, so he is at UArk. He is actually dreading the Jan 28 basketball game. My third will not be at BU either. It isn't a cost effective job. Even with the presidential scholarship. My daughter got that offered but that just meant other schools were offering more. Love Baylor. Bleed green and Gold. But the Baylor I went to is long gone.
It's gotten to be pretty liberal/progressive Christian. Not trying to turn this into a politics thread, but if a kid is looking to find an actual Christian school that practices and preaches the gospel, there are better/cheaper options.
At least we got a 2nd QB
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.
Please tell us what admin title you hold at BU.
My parents spent $20k total for 2 years of MCC and 2 years of Tx State in 2002. Now it's over $26k a year at Tx State 20 years later. Just stupid.
Ima let my kids just do a TikTok account and skip college altogether.
Ima let my kids just do a TikTok account and skip college altogether.
Aberzombie1892 said: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/
Nothing is free. Somebody always pays. Curious that you link to a socialist web site although not totally unexpected given the title of the piece. But propaganda usually is not authoritative.
Featured Stories
See All
sonuvabear
Baylor is a School to Watch for All-Conference Wide Receiver
in SicEm365 Premium Insider
8
Truegreen
Game Thread: Baylor Continues Non-Conference Play against Southern
in SicEm365 Premium Insider
8