Merry Christmas: B&A offfice

[azstdnt]

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Christmas Presents via Budget and Accounting Office
Dear Students,

We would like to inform the students that next year we decided to raise tuition a measly 6%, so open your check book (or call Uncle Sam). And remember you peon students we could have raised it 8% so consider it an early Christmas Gift.

Sincerely,

_INSERT SCHOOL PRESIDENT HERE__

During my couple of weeks off I was pondering why every year there is a 5%-7% increase in tuition, whether it be undergrad or a graduate program. I read an article in forbes and it summed it up from a business standpoint. I wonder how the schools themselves can rationalize a 5-7% increase. CPI is around 3% and headline(?) inflation is more around 7%. So it's pegged to the other inflation number (food and energy), but I doubt that podiatric physicians and other med professionsals are getting 7% pay bumps. I hope schools take this into account, especially since most of the people who are administrators never had this problem to deal with while they were in school.

Forbes seemed to think the problem was with the gov't handing out too much money and as the gov't handled out more money, schools never had to watch costs like a true business. What is the answer??? I don't know take away that money and someone wouldn't be able to go to school. Limit money to the schools you take away from the american dream, but force them to lower tuition?? All I can say is good luck to the poor sap who goes to a private school and then finds out that his/her degree did not pay as much as he thought and then wants to go to med/pod/dds/fill in the blank. Check out the article I'm thinking about printing it off and giving it to my president as I don't remember any student input in raising my tuition bill. Oh for all you other business minded people check this one out, marry another doc and you too could have a net worth of -$445,000!

Let me know your reactions to the problem as I think it is a lot bigger than people think. Or better yet, let me eat happy over the holidays and tell me why everything is ok and that student loans are chump change to the huge load of cash we are eventually going to be rolling in!

http://www.forbes.com/businessinthebeltway/forbes/2007/1112/144.html
http://money.cnn.com/2007/11/16/pf/young_doctors.moneymag/index.htm?postversion=2007111611

 

[whiskers]

~~~Reality Scene 1~~~


Many professional school graduates, including pods, end up working in less than prime situations for low wages based solely on their debt factor.

The truth is that when you have at least 200k+ in debt, keeping the debt collecting hounds at bay is the main interest and self preservation is the main dictator of terms. Unfortunately, many are willing to exploit this fact.

Many pods when they graduate think they are automatically rich and want to treat themselves with 20 yrs worth of unsecured debt on top of their 30 yrs of student loan debt, which is on top of their 10 years of trivial purchases debt and it is no surprise that many end up living paycheck to paycheck even on OK incomes dying to work for some group because they can't get any bank to give them any more credit to open their own practice and dictate their own life/work terms.

Graduating pod school and being a surgical genius in anything doesn't make you rich, knowing how to budget and invest your money wisely and manage a practice might make life more comfortable.

BTW, $100k for a medical education tuition is insane considering the 20+ years of sheer grunt work dodging the hepatitis alphabet and HIV soup, living in crappy apartments eating crappy ramen noodles and fast food, driving crappy cars or even nice ones bought and paid for by mommy and daddy and the humiliation and embarassment of begging(asking) them for spending cash @27+yrs old etc.... Hanging out with a bunch of know it all virtual alchoholics, who have no greater pleasure in life than bragging about themselves and their over inflated dreams and who think that partying and getting drunk regularly @ 26+yrs old is normal healthy adult behavior and who aren't very good under pressure and. These are almost essentials for graduating./

In my opinion, anyone going into medicine to be rich is going to be very sad when they find out how little 120k-200k really is after taxes, investments, healthcare ins, general life expenses and their massive debt loads take most of it.

This is not to mention the sacrifice many a female/male has made with their reproductive years and their physical ability to have kids and a family. BTW, when does anyone have any time to find a well-adjusted mate who isn't another 27y/o drunk with an apartment full of debt, ramen noodles, beer and oversized dreams crowding the tiny living space?

And as this years graduates reach their ultimate climax and think for a moment that they have finally achieved victory, last years graduates have already begun to quickly fade into the common scenery of a common life among countless other common men who also had dreams once upon a time. Many resist and are heard chanting; I could have, I would have, I should have and I used to be.....while Bruce Springstein sings their anthem; "Glory days."



~~~Reality Scene 2~~~



And as time fades upon the fading and class reunions come and go, little glory is left for reliving as many care not to show..


~~~The End~~~

 

[azstdnt]

Price wise I compare my education to that of a private school where you may pay 30k/yr, and then are looking at jobs in lets say 50k/yr. Podiatry is actually very reasonable for a 4 yr program and compensates pretty well when you are done depending on circumstances after you graduate and possibly on which school you are attending now. But I do worry for people who took out a lot of debt in undergrad. Anyways I am very happy with my education thus far but wanted to complain about tuition increases every year that we have no control over. This is not only at my school but at most schools throughout the country.

BTW WHiskers why didn't you just leave school after your first year/break when it seems you're not to excited about it. Or better yet why don't you transfer to a school that has more of the qualities you desire.

 

[bdaddyjolley]

~~~Reality Scene 1~~~


This is not to mention the sacrifice many a female/male has made with their reproductive years and their physical ability to have kids and a family. BTW, when does anyone have any time to find a well-adjusted mate who isn't another 27y/o drunk with an apartment full of debt, ramen noodles, beer and oversized dreams crowding the tiny living space?

What about those of us who don't drink or party and already have a family and continue to build upon that? How do we fit in or do we get a pass?

 

[Feli]

...we decided to raise tuition a measly 6%, so open your check book (or call Uncle Sam). And remember you peon students we could have raised it 8%...

... I am very happy with my education thus far but wanted to complain about tuition increases every year that we have no control over...

How much is AZPod tuition? I couldn't find it anywhere on the program website. A 6% increase seems very very steep... wouldn't that be about a $1500 increase? I know Cali and Temple tuition rates are a bit higher than most other pod schools, but I have no idea how much AZ's pod tuition is. The point that you're satisfied with your education is the bottom line, but it's always nice to know that your tuition is reasonably in line with other people getting the same degree elsewhere.

I think our tution for Barry Pod went up $500 or so last year to $24,810 per year (about a 2% hike). That 07-08 rate seems pretty much on the low end in comparison with other pod schools' annual tuition. I was sorta glad to see this news about limits on future tuition increases:
http://www.barry.edu/admissionsfinancialaid/undergraduate/financialAid/ttgresident.asp

This brings up a pretty decent question for prospective students at interviews:
"Can I see full-time DPM degree program tuition rates for the last 5yrs?"

 

[NatCh]

~~~Reality Scene 1~~~


Many professional school graduates, including pods, end up working in less than prime situations for low wages based solely on their debt factor.

The truth is that when you have at least 200k+ in debt, keeping the debt collecting hounds at bay is the main interest and self preservation is the main dictator of terms. Unfortunately, many are willing to exploit this fact.

Many pods when they graduate think they are automatically rich and want to treat themselves with 20 yrs worth of unsecured debt on top of their 30 yrs of student loan debt, which is on top of their 10 years of trivial purchases debt and it is no surprise that many end up living paycheck to paycheck even on OK incomes dying to work for some group because they can't get any bank to give them any more credit to open their own practice and dictate their own life/work terms.

Graduating pod school and being a surgical genius in anything doesn't make you rich, knowing how to budget and invest your money wisely and manage a practice might make life more comfortable.

BTW, $100k for a medical education tuition is insane considering the 20+ years of sheer grunt work dodging the hepatitis alphabet and HIV soup, living in crappy apartments eating crappy ramen noodles and fast food, driving crappy cars or even nice ones bought and paid for by mommy and daddy and the humiliation and embarassment of begging(asking) them for spending cash @27+yrs old etc.... Hanging out with a bunch of know it all virtual alchoholics, who have no greater pleasure in life than bragging about themselves and their over inflated dreams and who think that partying and getting drunk regularly @ 26+yrs old is normal healthy adult behavior and who aren't very good under pressure and. These are almost essentials for graduating./

In my opinion, anyone going into medicine to be rich is going to be very sad when they find out how little 120k-200k really is after taxes, investments, healthcare ins, general life expenses and their massive debt loads take most of it.

This is not to mention the sacrifice many a female/male has made with their reproductive years and their physical ability to have kids and a family. BTW, when does anyone have any time to find a well-adjusted mate who isn't another 27y/o drunk with an apartment full of debt, ramen noodles, beer and oversized dreams crowding the tiny living space?

And as this years graduates reach their ultimate climax and think for a moment that they have finally achieved victory, last years graduates have already begun to quickly fade into the common scenery of a common life among countless other common men who also had dreams once upon a time. Many resist and are heard chanting; I could have, I would have, I should have and I used to be.....while Bruce Springstein sings their anthem; "Glory days."



~~~Reality Scene 2~~~



And as time fades upon the fading and class reunions come and go, little glory is left for reliving as many care not to show..


~~~The End~~~

I bet you're fun to hang out with.

 

[Stafocker]

I bet you're fun to hang out with.

lol

 

[azstdnt]

Lets see last year it was $24684 and went up to $25918 so ~5%. They told us what to expect every year was 4-8% per year, but it seems that tuition will be pushing 30k by the time we exit. I feel a lot worse for the med students who have the same increase but on top of 35k.