Why Is College in America So Expensive? - The Atlantic

12 bookmarks. First posted by aebraddy 9 weeks ago.

It turns out that the vast majority of American college spending goes to routine educational operations—like paying staff and faculty—not to dining halls. These costs add up to about $23,000 per student a year—more than twice what Finland, Sweden, or Germany spends on core services.

- It's not just because of fancy dormitories, gourmet dining halls, or sports
- If you zero this all out, it's still more expensive
- Global ranking of universities, heavily weights the amount of research pub
- For public schools, the budget cuts
- Costs to attract students

the return varies wildly depending on the college one attends. One in four college grads earns no more than the average high-school graduate. Associate’s degrees from for-profit universities lead to smaller salary bumps than associate’s degrees from community colleges, which are cheaper. And two-thirds of students at for-profits drop out before earning their degree anyway, meaning many will spend years struggling with debt they cannot afford to pay off—and cannot, under U.S. law, off-load through bankruptcy.
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8 weeks ago by christopherming
Why Is College in America So Expensive? via Instapaper https://ift.tt/2x6bnwT
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9 weeks ago by chetan
Students are paying huge sums of money—but what are they really getting in return? via Pocket
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9 weeks ago by drewcaldwell