5% Tuition Jump Just a Start
- Thread starter cigaretteman
- Start date
Jeesh. Most of the university's funding is private. They should try to seek more private/corporate gifts to compensate for such a dramatic increase in tuition. Pretty soon there will be a lot more kids out there that can't afford even a state university in Iowa, and will choose to enter the workforce instead of continuing their education.
We need a more educated workforce heading into the future, not less.
We need a more educated workforce heading into the future, not less.
No it's not. Most of the funding comes from tuition and then state appropriations (taxpayers).
As far as external funding, the U.S Dept of Energy is the number one source to ISU, followed by the U.S. Dept of Agriculture and the National Science Foundation. All three are tax-supported federal agencies.
Then comes the ISU Foundation - private money.
They cannot spend money they do not have. Well they can, but it comes back to bite you rather quickly.
This is the same story as eveyrwhere in the country. The general thought is we need a more educated workforce in order to compete. I do not disagree with that. But we are actually seeing increases in tuition based on the supply/demand economic model. Everyone now knows that college is a must, and everyone has been able to raise the rates because there is so much demand for this higher level of education. You have D3 schools that are now getting close to the cost of Ivy League insitutes.
This is an excellent comparison, and will be the next crisis IMO. You had people taking on loans they couldn't afford for houses that were very overpriced. You are going to start seeing students taking on loans that they will have to default on for education that was far overpriced.
Iowa public University's are a bargain --- it's about time the students started to really ante-up.
Its true. The State does not support its Universities the same way it used to (and this is true for many other states as well). Education is not the priority it once was.
Its been going on for quite some time if you were paying attention. They have been anteing up more year after year. From the time my brother started in '96, to the time I graduated in '05, the cost of tuition and fees basically doubled.
Oh really? This disagrees:
Iowa's public Universities are among the crappiest in terms of financial aid vs cost of attendance.
This is what I tell the Iowa St foundation every time they call me asking for money. You treated me like a number while I was in school, and did not give a crap whether or not I graduated, and NOW you want my money?
And an Iowa taxpayer might ask:
1. Why do we need duplicate sets of administration, like presidents and all those VP's, at all three regents universities?
2. Why do we need duplicate colleges/departments like business, engineering, etc. at both ISU and U of I?
People don't want to make hard decisions about our universities' duplication; instead, the just protect their own campuses like kingdoms - this doesn't lend itself to credibility with the public.
I have a better question...why do we need the Regents?
I can understand each school having their own President. Its not like Illinois, Bradley, Illinois State, etc. all have one President.
And now they're so far in the game they don't have the infrastructure at a single university to allow for all of the (for example) business departments to merge. I'm still trying to figure out why UNI exists for anything but teachers. You can lump their business crap in with Iowa and Iowa State, and the same with all the liberal arts stuff.
Iowa State isn't any better within the institution with duplication. For example, why can't marketing and advertising be one major? They finally got supply chain management figured out. Why does Iowa State carry majors that graduate single digits of people each year? Why does each college need a separate career services offices? Why does the College of Business for example need a communications lab? Do we not have an English department?
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