Tuition increase at your school?

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Zurik5

Feel the Illinoise.....
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Apparently my school is raising our tuition 15% (max allowable tuition increase) next year, and plans to raise it every year for the next four years!?! I?m looking at roughly $30,000/year in tuition (alone) at the end of my four years? for an in-state school! Is this ridiculous? Are other schools being effected by state budget cuts like Illinois? I could have gone to a private school, or hell, even an out of state school for this type of cash? :scared:
 
Zurik5 said:
Apparently my school is raising our tuition 15% (max allowable tuition increase) next year, and plans to raise it every year for the next four years!?! I?m looking at roughly $30,000/year in tuition (alone) at the end of my four years? for an in-state school! Is this ridiculous? Are other schools being effected by state budget cuts like Illinois? I could have gone to a private school, or hell, even an out of state school for this type of cash? :scared:

DAMN!!!

FL might be following bec I heard whispers saying why should the state be footing the bill for medical/dental students. With the baby boomers retiring our economy has to make a MAJOR econimcal shift as to where money will be allocated otherwise it will be spread thin everywhere

When I did my MBA, this was one of the students thesis and it was very interesting but VERY scary since the baby boomer population is so big with even a bigger appetite for consumer goods.
 
Brocnizer2007 said:
DAMN!!!

FL might be following bec I heard whispers saying why should the state be footing the bill for medical/dental students. With the baby boomers retiring our economy has to make a MAJOR econimcal shift as to where money will be allocated otherwise it will be spread thin everywhere

When I did my MBA, this was one of the students thesis and it was very interesting but VERY scary since the baby boomer population is so big with even a bigger appetite for consumer goods.
Same deal in NY for all the graduate and health professions schools. 🙁
 
OK, I've commented about this before. This all started at the University of Michigan and the University of Virginia a few years back and is catching on like wildfire at other flagship public universities across the nation.

The theory is that graduates of the professional schools (medicine, dentistry, and law) will make tons of money after graduation so state tax payers should not be expected to subsidize the education of such professionals. Furthermore, the private universities have had no trouble filling all of the openings in their professional programs despite their high tuition rates.

Since generous educational loans are readily available for studens accepted to such professional programs I tend to buy into the arguement when put like this: "I'm a waitress supporting 2 kids by myself. That is the path I chose and I accept the economic impact upon my life without whining. I don't mind paying taxes to help kids get a high school education or even a college bachelors degree, but why should my taxes be used to support the education of doctors, dentists, and lawyers who will make way more money than I can ever hope to see.
 
I?m looking at roughly $30,000/year in tuition (alone) at the end of my four years? for an in-state school!
So, your current tuition is around $17K/year right now. Am I correct?

Right now I pay CAD$27k/year at my school..., which includes tuition and dental tools that we can keep. Is this expensive?
 
the big wand said:
So, your current tuition is around $17K/year right now. Am I correct?

Right now I pay CAD$27k/year at my school..., which includes tuition and dental tools that we can keep. Is this expensive?


It's closer to $19K, now, but you're correct. CAD$27K would be pretty similar, if I?m not mistaken. So it's not terrible now. Although.. over the next four years it is going to go up roughly 60%?. so I was a little surprised.
 
come to texas! in state is like $8K (tuition and 'other fees') and out of state is like $16K; probably will go up but its still pretty reasonable
im at $92K in debt after 4 years (in state)

the key to all this is cost of living in the city the school is in, even if NYU was free you would still spend a ton on living there. san antonio is a cheap place to live and i think that makes a lot of difference.
 
I'm not sure if the state really subsidizes the school, or gaining benefits from student tuition.

In CA, profesional school fee is increased. We pay more than 4K extra/yr. Make it totally about 16K/yr plus loads of fees. However, for every student, the state gives the school only $3,333.33. The rest of the money goes to CA state funds. Money to support our education at school mostly come from all private funding sources. Which is very ironic, since we are students, we are poor, and we have to contribue more to the state budgets with loans, while rich people don't have to pay any extra besides their taxes (or even get tax credits). But everyone pays taxes. In the end, the hard hit people are professionals students. I am so p/o with the way it goes in CA right now. If I had gone to a private school, and get the private treatment, I wouldn't be upset or care about politics. However, this makes all of us go to the poll come November. Will see how it goes in a few years from now. But for sure one thing is that once it goes up, it never goes down.
 
From last year to this, Nova's went up about $1700!
 
JRogoff said:
From last year to this, Nova's went up about $1700!

Here at stony, there was a 1500 increase effective last month for which we have to pay immediately.
 
is it just coincidence then, that Univ of Michigan also happens to be one of the most expensive schools for in-state undergraduate tuition too?

i always assumed that everything at UM was overpriced, from undergrad through grad & professional.


groundhog said:
OK, I've commented about this before. This all started at the University of Michigan and the University of Virginia a few years back and is catching on like wildfire at other flagship public universities across the nation.

The theory is that graduates of the professional schools (medicine, dentistry, and law) will make tons of money after graduation so state tax payers should not be expected to subsidize the education of such professionals. Furthermore, the private universities have had no trouble filling all of the openings in their professional programs despite their high tuition rates.

Since generous educational loans are readily available for studens accepted to such professional programs I tend to buy into the arguement when put like this: "I'm a waitress supporting 2 kids by myself. That is the path I chose and I accept the economic impact upon my life without whining. I don't mind paying taxes to help kids get a high school education or even a college bachelors degree, but why should my taxes be used to support the education of doctors, dentists, and lawyers who will make way more money than I can ever hope to see.
 
Sounds like this a problem everywhere, which makes me feel a little better 😉

groundhog said:
OK, I've commented about this before. This all started at the University of Michigan and the University of Virginia a few years back and is catching on like wildfire at other flagship public universities across the nation.

The theory is that graduates of the professional schools (medicine, dentistry, and law) will make tons of money after graduation so state tax payers should not be expected to subsidize the education of such professionals. Furthermore, the private universities have had no trouble filling all of the openings in their professional programs despite their high tuition rates.

Since generous educational loans are readily available for studens accepted to such professional programs I tend to buy into the arguement when put like this: "I'm a waitress supporting 2 kids by myself. That is the path I chose and I accept the economic impact upon my life without whining. I don't mind paying taxes to help kids get a high school education or even a college bachelors degree, but why should my taxes be used to support the education of doctors, dentists, and lawyers who will make way more money than I can ever hope to see.

Not that I disagree with this argument, but I?m under the impression that certain schools are getting deathly close to closing their doors. In fact, UIC-COD is roughly $3 million in debt, and I?m guessing that the ridiculous amount of trivial law suits in the state is partly to blame for this problem. So, our tuition increases, but can?t even come close to touching the debt that the school has incurred over the last five/ten years. I think it?s only a matter of time until schools start to rely on corporate models/practices. Gavin, do you know anything about the program that Colorado is trying to set up with corporate practices?
 
same crap in Buffalo, plus you can imagine the heating bill this Winter with the price of oil nowadays. But it is still worth it. The additional loans may affect my fee schedule, I dunno yet, cross that bridge when I get there.
"It" all rolls down hill and right now us students are at the bottom folks.
 
Some people blame the State. Some people blame insurance and commodity inflation.

But really, you can blame the school too. As hard as they try to make it sound to deal with the State budget, I bet if you really looked at the books you would see that the persons in charge of managing any school's operations and finances is an idiot. As hard as it is to believe, I think if they REALLY knew what you were doing, almost every school would find that the money given to them from their State is enough.

But this is coming from someone who used to work in financial and corporate consulting....



Zurik5 said:
Sounds like this a problem everywhere, which makes me feel a little better 😉



Not that I disagree with this argument, but I?m under the impression that certain schools are getting deathly close to closing their doors. In fact, UIC-COD is roughly $3 million in debt, and I?m guessing that the ridiculous amount of trivial law suits in the state is partly to blame for this problem. So, our tuition increases, but can?t even come close to touching the debt that the school has incurred over the last five/ten years. I think it?s only a matter of time until schools start to rely on corporate models/practices. Gavin, do you know anything about the program that Colorado is trying to set up with corporate practices?
 
Zurik5 said:
Sounds like this a problem everywhere, which makes me feel a little better 😉



Not that I disagree with this argument, but I?m under the impression that certain schools are getting deathly close to closing their doors. In fact, UIC-COD is roughly $3 million in debt, and I?m guessing that the ridiculous amount of trivial law suits in the state is partly to blame for this problem. So, our tuition increases, but can?t even come close to touching the debt that the school has incurred over the last five/ten years. I think it?s only a matter of time until schools start to rely on corporate models/practices. Gavin, do you know anything about the program that Colorado is trying to set up with corporate practices?

I interviewed at Colorado last year and could tell you a bit about it. They got $90 million dollars to build a brand new school. In return, they had to open an ortho residency that has the OEC scholarship program. They have 16 spots, 4 of which are chosen by the school and the other 12 are spots for OEC "scholarship" receipients. Once the 12 OEC grads graduate, they have to work for OEC for 7 years. I think they have to pay 60% of their income to OEC.
 
At Temple, our tuition increase was only like $800 or something like that....last year it was little over 26K/year, but now its around 27K....I heard from one of the profs that since Temple handles most of Philadelphia's Medicaid patients, that it gets some serious state assistance....who knows what will happen in the upcoming years, though.
 
adamlc18 said:
I interviewed at Colorado last year and could tell you a bit about it. They got $90 million dollars to build a brand new school. In return, they had to open an ortho residency that has the OEC scholarship program. They have 16 spots, 4 of which are chosen by the school and the other 12 are spots for OEC "scholarship" receipients. Once the 12 OEC grads graduate, they have to work for OEC for 7 years. I think they have to pay 60% of their income to OEC.

Thanks for the reply Adam. I was aware of the OEC program, but was asking about the program they?re trying to work out with corporate practices like Heartland and Comfort Dental. I?m sure it hasn?t been announced yet, but was curious to see if anyone knew anything about it.
 
Dr.BadVibes said:
At Temple, our tuition increase was only like $800 or something like that....last year it was little over 26K/year, but now its around 27K....I heard from one of the profs that since Temple handles most of Philadelphia's Medicaid patients, that it gets some serious state assistance....who knows what will happen in the upcoming years, though.

But closer to $39k for out-of-state residents, right? I'm guessing that it's pretty easy to gain residency then?
 
ItsGavinC said:
But closer to $39k for out-of-state residents, right? I'm guessing that it's pretty easy to gain residency then?

yah, its about 38K for out of state....to get instate residency, you need to buy property....most juniors and seniors realize later on that this is a wise thing to do, so I think 90% of the juniors and seniors are PA residents.....
 
groundhog said:
OK, I've commented about this before. This all started at the University of Michigan and the University of Virginia a few years back and is catching on like wildfire at other flagship public universities across the nation.

The theory is that graduates of the professional schools (medicine, dentistry, and law) will make tons of money after graduation so state tax payers should not be expected to subsidize the education of such professionals. Furthermore, the private universities have had no trouble filling all of the openings in their professional programs despite their high tuition rates.

Since generous educational loans are readily available for studens accepted to such professional programs I tend to buy into the arguement when put like this: "I'm a waitress supporting 2 kids by myself. That is the path I chose and I accept the economic impact upon my life without whining. I don't mind paying taxes to help kids get a high school education or even a college bachelors degree, but why should my taxes be used to support the education of doctors, dentists, and lawyers who will make way more money than I can ever hope to see.


What a bunch of crap. As professionals, yes we will make more money than most people. However, we will also be in a much higher tax bracket than 98% of the population. We are the source of the majority of the taxes paid in, so there is no reason at all to have this type of mentality. Also, by states helping fund these types of institutions, it helps assure that they maintain an adequate number of doctors, dentists, etc to provide service to its residents. I'll bet that same waitress would be bitching if she had to drive her kids two hours to see a doctor because it has a shortage of them. Many states have very little to offer and are very unappealing to new graduates. However, if they attended school in a given state they would be morel likely to stay there and practice. So it is beneficial to states to provide funding to these programs. Just some thoughts.
 
I feel your pain.
Fortunately, at ucla, we dont have to pay tuition.
Unfortunately, our student fee has gone up 40% and another 30% this year.
And it will definitely go up next few years.

In addition, it is mandatory to buy a laptop which only a few use and loupes and the 10K instrument kit. The better side is that they have already taken out all the unnecessary stuff(~1500) from our kit.

But I still think UCLA is a bargain. We get our money worth, considering how many hrs of lectures/labs we get. It just seems they would have us to come back to be in lecture during weekends if they could find faculty to do so.
 
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