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- Oct 9, 2010
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Would this work to slow tuition increases?
The main incentive of professional schools seems to be offering larger and larger salaries each year to instructors to teach, thus pulling them away from the more lucrative areas of private practice. The idea is that you have to pay them competitively of course, otherwise they won't see it as worth their time. I have heard this from numerous dental schools, accounting programs, law programs, etc. and this likely has a large part to do with tuition increasing so quickly (avg. of 5-10% per year).
There could be other incentives schools could use to make the prospect of teaching more appealing. What about instead of just trying to throw more money at these instructors, the schools could offer tax breaks to these professionals who pay such a high percentage in taxes already. That could be pretty appealing I would think, plus it should do something to slow down the tuition inflation. I was thinking about this today and wanted to hear others' thoughts on whether something like this could work. Have any schools or other organizations tried anything like this?
The main incentive of professional schools seems to be offering larger and larger salaries each year to instructors to teach, thus pulling them away from the more lucrative areas of private practice. The idea is that you have to pay them competitively of course, otherwise they won't see it as worth their time. I have heard this from numerous dental schools, accounting programs, law programs, etc. and this likely has a large part to do with tuition increasing so quickly (avg. of 5-10% per year).
There could be other incentives schools could use to make the prospect of teaching more appealing. What about instead of just trying to throw more money at these instructors, the schools could offer tax breaks to these professionals who pay such a high percentage in taxes already. That could be pretty appealing I would think, plus it should do something to slow down the tuition inflation. I was thinking about this today and wanted to hear others' thoughts on whether something like this could work. Have any schools or other organizations tried anything like this?