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Maybe, but using one of the most successful and wealthy institutions in the world as an example of ineffective bloat isn't useful for the overall argument. "Th

Maybe, but using one of the most successful and wealthy institutions in the world as an example of ineffective bloat isn't useful for the overall argument. "This workout routine is a waste of time and effort. See, look at Usain Bolt doing it."

melling 9y ago
With the cost of education in the US being so expensive and the constant call for student loan forgiveness ($1 trillion), it might be worth looking into the extra cost. I’m sure Stanford isn’t unique. The cost of a university education has far outpaced inflation. Harvard cost $2,600 in 1970. https://www.cnbc.com/2015/06/16/why-college-costs-are-so-high-and-rising.html https://www.cnbc.com/2015/06/16/why-college-costs-are-so-hig...
- greglindahl 9y ago
  At Stanford, there's no connection between university undergraduate cost and price. Tuition is an unimportant part of the budget.
  - melling 9y ago
    First, I was talking about the extra cost, in general, with all universities. Second, since you brought it up, can you explain how they determine the cost of tuition? If it’s unimportant maybe they can simply eliminate it for everyone. Are other universities the same?
    - dragonwriter 9y ago
      > If it’s unimportant maybe they can simply eliminate it for everyone Sticker price is an important value signal, which draws elites who, as alumnae, support the institution, so what elite universities do is have high sticker prices and then internal need-based financial aid packages that cover much of the costs for non-wealthy students. This also, incidentally, maximizes tuition revenue, as those who can pay from their own pocket or outside scholarships do pay. But maximizes revenue is incidental, because tuition is not the main source of revenue.
  - justadeveloper2 9y ago
    If that is the case then something is out of whack.
- FullMtlAlcoholc 9y ago
  Actually, it is unique in that cost is no barrier to receiving an education at Stanford.
  - melling 9y ago
    No, it isn’t unique. Many elite/expensive schools offer either free or heavily discounted tuition for lower and middle income students. http://nordic.businessinsider.com/how-ivy-league-financial-aid-packages-stack-up-2017-3/ http://nordic.businessinsider.com/how-ivy-league-financial-a...
    - FullMtlAlcoholc 9y ago
      The point I was making is that the cost of an education is uncoupled (at elite universities) from the ability to afford it. It may be hopelessly optimistic, but I think that eventually, tuition will and should be eliminated for everyone.. As it stands now, where students from wealthier families pay more, it is a good consolation prize.
maxerickson 9y ago
In your analogy, are the students his sore muscles?
- postnihilism 9y ago
  His pulled hamstring is from over extending this analogy.

melling 9y ago

With the cost of education in the US being so expensive and the constant call for student loan forgiveness ($1 trillion), it might be worth looking into the extra cost. I’m sure Stanford isn’t unique. The cost of a university education has far outpaced inflation. Harvard cost $2,600 in 1970. https://www.cnbc.com/2015/06/16/why-college-costs-are-so-high-and-rising.html https://www.cnbc.com/2015/06/16/why-college-costs-are-so-hig...

greglindahl 9y ago
At Stanford, there's no connection between university undergraduate cost and price. Tuition is an unimportant part of the budget.
- melling 9y ago
  First, I was talking about the extra cost, in general, with all universities. Second, since you brought it up, can you explain how they determine the cost of tuition? If it’s unimportant maybe they can simply eliminate it for everyone. Are other universities the same?
  - dragonwriter 9y ago
    > If it’s unimportant maybe they can simply eliminate it for everyone Sticker price is an important value signal, which draws elites who, as alumnae, support the institution, so what elite universities do is have high sticker prices and then internal need-based financial aid packages that cover much of the costs for non-wealthy students. This also, incidentally, maximizes tuition revenue, as those who can pay from their own pocket or outside scholarships do pay. But maximizes revenue is incidental, because tuition is not the main source of revenue.
- justadeveloper2 9y ago
  If that is the case then something is out of whack.
FullMtlAlcoholc 9y ago
Actually, it is unique in that cost is no barrier to receiving an education at Stanford.
- melling 9y ago
  No, it isn’t unique. Many elite/expensive schools offer either free or heavily discounted tuition for lower and middle income students. http://nordic.businessinsider.com/how-ivy-league-financial-aid-packages-stack-up-2017-3/ http://nordic.businessinsider.com/how-ivy-league-financial-a...
  - FullMtlAlcoholc 9y ago
    The point I was making is that the cost of an education is uncoupled (at elite universities) from the ability to afford it. It may be hopelessly optimistic, but I think that eventually, tuition will and should be eliminated for everyone.. As it stands now, where students from wealthier families pay more, it is a good consolation prize.

maxerickson 9y ago

In your analogy, are the students his sore muscles?

postnihilism 9y ago
His pulled hamstring is from over extending this analogy.