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Posted

University of Akron Trustees agreed to a 5.7% increase in tuition Beacon Journal and I was wondering if it was just me or was anyone else concerned about the continual spiriling costs of education. It isn't just the University of Akron, but every institute of higher learning seems to increase tuition and room & board costs two - three - or even four times inflation every year. College education costs have definately outpaced the average cost of doing busines within corporations over the past ten to twenty years, and no end seems to be in sight. Tuition alone at the University of Akron will be over $8,000 next year and that is not even including room & board. The cost of a four year college eduction can range from $60,000 to $160,000 (at many private colleges) and who graduates in just four years anymore. I realize that the future earning power of college graduates will more that offset this over their lifetime, however the cash flow needed to immediately pay for this education is often daunting.In the business world there is a contant pressure to reduce costs as seen by the continual "downsizing" of many large corporations. It just seems to me that the academic community shows no concern for holding expenditures in line, let alone reducing them, thus the continual increases. I struggled to put two daughters through college about ten years ago and I made a very good salary. I don't know if I could do the same thing today. :unsure:

Posted

The University is doing a real good job keeping costs in check and in line with inflation. The problem comes from less and less support from the state each year. These tuition increases are to make up for the short fall each year from the state. We are becoming less and less a state supported school everyday.The best ways to keep tuition from continuing to increase are to see an increase in revenue from donations and money generating entities (athletics, merchandising) and for the state to find a way to generate more revenue earmarked for education ---- umm casinos. :cheers: What I lost in Detroit for the MACC and MCB, I could have easily sent a student to school for a semester. If only there was a casino in an Ohio city with a domed stadium and a bowl game and Super Bowl and Final Four. Sorry, off track.Just remember as bad as it gets, it could be worse. Just think of the fools paying the same amount for a Can't St. education. :screwks:

Posted

Not to rub it in, because every school raises tuition atleast as much, if not more, but 10 years ago, when I went to akron, tuition costs (not counting housing, books, or other expenses) was $1600 a semester. Today that seems like pocket change.Soon will be gone the days of going to school from middle class kids going to college just to party and stave off responsibility.

Posted
Tuition alone at the University of Akron will be over $8,000 next year and that is not even including room & board.  The cost of a four year college eduction can range from $60,000 to $160,000 (at many private colleges) and who graduates in just four years anymore.
yeah well $8,000 looks great when you have to pay out of state tuition which is closer to $20,000. luckly they have the akron advantage and a couple of things similar to it, so i pay only a couple of thousand above instate, but that's only if you had good grades in high school. i could have gone to dusquene for a lot cheaper, but that's the sacrifices of wanting to compete.here's just my spring semester:01/19/2006 Ugrd NonResident Tuition Akron 5,525.58 01/19/2006 Undergraduate Tuition Akron 4,475.96 total: 10,001.54 for one semester of classes, not including other fees.
Posted
The University is doing a real good job keeping costs in check and in line with inflation. The problem comes from less and less support from the state each year. These tuition increases are to make up for the short fall each year from the state. We are becoming less and less a state supported school everyday....................................................................................Just remember as bad as it gets, it could be worse. Just think of the fools paying the same amount for a Can't St. education.  :screwks:
I am not entirely sure that any university is doing a "real good job keeping costs in check". I don't know for sure as I don't have access to any operating budgets over the years. All I know is that sevral years I had a multi million dollar operating budget reduced by a couple percent and was still expected to "grow the business" by five or more percent.Of the two daughters I put through college, one went to Akron and the other went to Can't and she cost me more. I know, I know, my "Can't Girl" broke my heart but the education both of them received was comparable. In some areas of study Can't is preferable to Akron. It is just in the area of athletics that there is no comparison. And finally .... Zipmeister this was posted in the General Discussion area not in any of the Sports Forums.

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