Tuition up 6%

[Gary's Shirtless Revenge]

Now do the ROI for a public University at 1/4 of the price.

There's always somebody willing to pay more for a substantially similar product... This exists in practically every market.

 

[Gary's Shirtless Revenge]

IMO — MBA programs should be funded by employers after an employee demonstrates the potential for increasing value within the organization. OR…funded by the individual who sees marketable opportunity gaps after some time in the workforce.

IMO — the cost of competing for an undergraduate degree should be less than half of what is being “charged”.

MBA programs have very low ROI for the vast majority of participants, lots of good data on that. If an employer pays for it, go for it! But I never counsel somebody to do it on their own.

 

[HFrog1999]

There's always somebody willing to pay more for a substantially similar product... This exists in practically every market.

Especially if the taxpayers are on the hook for it

 

[Horny 4 Life]

Yeah, upon reading what I posted it sounds pretty douchey. Haha.

Meant to convey the sense that despite our best efforts at frugality we still feel hopeless, but I missed the mark. I'll let it stand and own it though. Haha

 

[HFrog1999]

Pointing out that one is charging a price based on what the market will bear is great for a for profit company, however it doesn’t fly for a “non profit” institution that contacts me for donations.

I’m no donating to a luxury school I’d never be able to afford to send my kids too, especially since the degree I earned from TCU didn’t help me get a career that could afford TCU.

 

[Frog45]

Our financial advisor told my wife and I (she's also a TCU alum) that we would need to set aside $2 million to completely pay for our two daughters (ages 9 and 6) to attend TCU.

 

[Relic]

Oh Boy! My son has three and a half years to go. Good thing we started saving two days after he was born.

The way it's going, you may regret missing those 2 days...

 

[Brog]

Oh Boy! My son has three and a half years to go. Good thing we started saving two days after he was born.

You should have started saving nine months before he was born, that day you got drunk and....

 

[Westsider]

We've set aside an extraordinarily large amount of money (in comparison with the middle class folks we hang out with) for college costs for our kids, but sometimes I feel like even that won't be enough.

I, too, have set aside a ton of money. fortunately, however, my 2 and 4 year olds appear headed for prison, so maybe I’ll luck out.

 

[HFrog1999]

I, too, have set aside a ton of money. fortunately, however, my 2 and 4 year olds appear headed for prison, so maybe I’ll luck out.

 

[Fred Garvin]

The difference: It ain’t going back down. Inflation (ideally) will. It is variable pricing but on a one way street.

Here is how you say you don't understand inflation, without saying it.

 

[Gary's Shirtless Revenge]

Pointing out that one is charging a price based on what the market will bear is great for a for profit company, however it doesn’t fly for a “non profit” institution that contacts me for donations.

I’m no donating to a luxury school I’d never be able to afford to send my kids too, especially since the degree I earned from TCU didn’t help me get a career that could afford TCU.

The % of non-profits (of significant size, >$10mm) who really operate culturally like a non-profit is shockingly small... all are run like for-profit corporations.

 

[Gary's Shirtless Revenge]

Our financial advisor told my wife and I (she's also a TCU alum) that we would need to set aside $2 million to completely pay for our two daughters (ages 9 and 6) to attend TCU.

I'd like to see the math on that... she's off by half I think.

 

[mc1502]

HFrog, I get it and I live it. My son bleeds purple. Wanted to be a Frog, as well. In the business school at Arizona State. I told him if he can pull of his end of the deal, I'll pay. Going to try for the Neely School of Business MBA program.

My son got into TCU, but elected to go elsewhere as he understands ROI

 

[HFrog1999]

The % of non-profits (of significant size, >$10mm) who really operate culturally like a non-profit is shockingly small... all are run like for-profit corporations.

Which is why I don’t donate to them.

 

[HFrog1999]

My son got into TCU, but elected to go elsewhere as he understands ROI

My son noted as we left a public University that he could get a degree there for the price of one year at TCU or SMU

 

[mc1502]

IMO — MBA programs should be funded by employers after an employee demonstrates the potential for increasing value within the organization. OR…funded by the individual who sees marketable opportunity gaps after some time in the workforce.

IMO — the cost of competing for an undergraduate degree should be less than half of what is being “charged”.

I don't disagree with you, but with the trend of employees not staying in companies long term, the model of Organizations funding grad degrees has all but vanished (barring programs offered mainly by fortune 50 companies for their best and brightest). The market is flooded with post-grad applicants. I don't have a single solitary direct report who does not have an MBA, and every one of those degrees was financed by the employee. My company offers "tuition reimbursement", but the level of reimbursement is barely enough to cover K9 obedience classes.

 

[TxFrog1999]

We had enough saved up at the end of 2020 that we could have paid for 3 full years of college for my daughter, then this not-a-recession recession hit. And considering the midterm results I don't think that fund will be back in time for her first semester next fall. So we're going to wait it out, have her get some government funding, and hopefully by the time she's ready to graduate the investment account will be back to where we can pay off the loan in one lump sum.

 

[mc1502]

We had enough saved up at the end of 2020 that we could have paid for 3 full years of college for my daughter, then this not-a-recession recession hit. And considering the midterm results I don't think that fund will be back in time for her first semester next fall. So we're going to wait it out, have her get some government funding, and hopefully by the time she's ready to graduate the investment account will be back to where we can pay off the loan in one lump sum.

Yep. I paid out of pocket for my son's first semester as his college fund had lost so much value that I wasn't willing to take any of the funds out until the market comes back.

 

[Big Frog II]

The key is scholarships. Without those, unless you are very wealthy, a private school is not your best bet.