As a freshman in 2005, some of the textbooks alone cost $150 a piece.My tuition in 74 was frozen at $50 a credit hour. it was the last year they froze the tuition at a rate for four years. Unbelievable today.
Chancellor Boschini is trying to address this now on two fronts. Future TCU employees won't get the lucrative benefits as current TCU employees and this new Campaign for TCU is trying to get the endowment in the $2 to $3 billion range in an attempt to pull the same trick that Rice and Vanderbilt is doing with their tuition cost being deferred partially by the larger endowment.
Nice idea (following Rice and Vandy), but TCU's mistake was being founded by two "Fort Worth-based minister-teachers" instead of Commodore Vanderbilt or Wm Marsh Rice Hard to catch up after all those years.
It can be done, but IMHO it's a long march to catch up on endowment enough (while funding all the other demands) to have a major impact on tuition.
You got to start somewhere. TCU knows $63,800 is a bad look and they are starting to address this. Hopefully they can get it down significantly.
so you complain about the cost of tuition and then don't understand why anyone would contribute to the initiative to increase the endowment in order to lower the actual cost of attendance for the average student?Why would you even consider it? Why would anybody?
My kids and grandkids will benefit from me not donating to this bubble.All private schools are expensive. Those who say they won't donate are compounding the problem. Most of that money is to go to the endowment to slow tuition increases as well as to provide for more scholarships. We do need more scholarships. Hopefully are kids and grandkids could benefit from those.
Because the cost increase is arbitrary. They’re just pulling it out their asses.so you complain about the cost of tuition and then don't understand why anyone would contribute to the initiative to increase the endowment in order to lower the actual cost of attendance for the average student?
That is brilliant...
Correct. I won't support behavior that allows them to continue to needlessly raise the cost above what people like me can afford. Once they have a product that I want to support, I'll donate again.so you complain about the cost of tuition and then don't understand why anyone would contribute to the initiative to increase the endowment in order to lower the actual cost of attendance for the average student?
That is brilliant...
I am dying to be educated on why a $63k tuition is necessary for the continued operation of TCU.wow it is amazing how few of our alumni - at least the ones on this board - actually understand anything about tuition costs, how endowments work or even why private schools are more expensive than public schools....
uh actually no - they are not.....Because the cost increase is arbitrary. They’re just pulling it out their asses.
wow it is amazing how few of our alumni - at least the ones on this board - actually understand anything about tuition costs, how endowments work or even why private schools are more expensive than public schools....
guessing you were not an accounting major.I am dying to be educated on why a $63k tuition is necessary for the continued operation of TCU.
again - show me where all this "excess" money is being hoarded by the school? if they were just charging whatever to make money, the money would be somewhere on the financial statements.That’s ridiculous, I graduated from TCU a little over 10 years ago and you’re telling me they’re justified in essentially doubling the cost? They’re pricing out tons of people that likely went there when I was a student and even before that.