Amid ongoing financial issues WVU has announced it will be eliminating 32 degree programs.
I'm guessing there will be more of this in the next couple of years. Higher education is pricing itself out of the market IMO. The only thing that has changed at most universities the last 20 year is the price.
It is very much time for this bubble to burst. When you chart out tuition increases over time compared to home prices and avg yearly income it is maddening.
I'm guessing there will be more of this in the next couple of years. Higher education is pricing itself out of the market IMO. The only thing that has changed at most universities the last 20 year is the price.
I believe there's a direct correlation between increases in tuition and decreases in state funding for higher education.
That is not the only reason. Look at what colleges have been doing over the years, they've increased administration costs and middle managers at universities. That money sure isn't going to the professorsAlmost all of this because of continual state-level cutbacks, pushing more and more of the overall cost burden onto students.
That is not the only reason. Look at what colleges have been doing over the years, they've increased administration costs and middle managers at universities. That money sure isn't going to the professors
I think this is going to happen to a lot of schools like WVU, and other lower ranking programs. We’re already seeing it here with the directional schools in Michigan getting massive cuts and there is talks of them combining or being forced to close. I want higher education to be accessible to all but with the cost of college these days going to a school most people outside the state haven’t heard of or a school with a rep like WVU just doesn’t make sense unless you plan on staying home.I'm guessing there will be more of this in the next couple of years. Higher education is pricing itself out of the market IMO. The only thing that has changed at most universities the last 20 year is the price.
I would be okay if that happened to WMU and I could get a chance to bid on their plane fleet.I think this is going to happen to a lot of schools like WVU, and other lower ranking programs. We’re already seeing it here with the directional schools in Michigan getting massive cuts and there is talks of them combining or being forced to close. I want higher education to be accessible to all but with the cost of college these days going to a school most people outside the state haven’t heard of or a school with a rep like WVU just doesn’t make sense unless you plan on staying home.
I don’t disagree with anything in that link but 2016 is a long time ago. Would be interesting to see an updated article because in the years that followed there have been attacks on higher Ed from half of the country and the pandemic certainly didn’t help matters.It is, and it is backed up with data (see my other link).
That is not the only reason. Look at what colleges have been doing over the years, they've increased administration costs and middle managers at universities. That money sure isn't going to the professors
I think this is going to happen to a lot of schools like WVU, and other lower ranking programs. We’re already seeing it here with the directional schools in Michigan getting massive cuts and there is talks of them combining or being forced to close. I want higher education to be accessible to all but with the cost of college these days going to a school most people outside the state haven’t heard of or a school with a rep like WVU just doesn’t make sense unless you plan on staying home.
Yeah I don’t see a world (in Michigan) where WMU, CMU, and EMU all exist separately. There just isn’t a lot of value there outside of a handful of programs.I would be okay if that happened to WMU and I could get a chance to bid on their plane fleet.
Is ISU seeing an attendance/admissions decline?ISU is already working it through. I can't imagine many schools in similar states aren't about to do this very aggressively.
I'll never forget having a teacher in high school in the early 2000s tell us that for a large percentage of people college isn't cost effective. Seemed crazy then, but I'll be damned if he wasn't on to something. Way too many people with 100k in debt working a 40k/year job that would have been much better off never getting a degree.
My wife doesn't have a college degree but has attained a very good job. I have an advanced degree and while I earn more than her, I imagine if you penciled it out she will net quite a bit more than me over her lifetime.