Re:Big Cities No Longer Deliver for Low-Skill Workers
by grigjd3 on Tuesday January 22, 2019 @08:39PM
(#18974901)
So room and board often gets separated out from tuition and while significant, is not the larger part of what a student pays at a "four year campus" college or university. One can also typically map room and board to cost of living in the area and find that you are merely getting a bad deal in most cases, not an astronomically bad deal.
A lot of the costs go into intangibles, like my college had some pricey guest lecturer programs. It is true though that university overhead has been growing quite fast lately and a lot of money in the last decade has shifted to things that are decidedly unrelated to education (I mean, LSU has their own lazy river).
Housing (which you have to procure from the University for at least two years), amenities, and administration, is.
You can provide a world-class education by having professors use a whiteboard to lecture to students in cargo containers, or prefabs, for a fraction of the price of a modern education. But then you don't get the 'college experience' of paying tens of thousands of dollars a year for living in a hotel, surrounded by underage boose, drugs, and parties.