Tuition up to $61,000!!!

[TCUdirtbag]

I also was accepted in 2003.

Back then, TCU was known for being a very cheap option for a private school.

Nowadays, it feels bad, but I don't recommend TCU to most people unless their families are very very wealthy (I'm talking 5-10M+ net worth) and well connected and they are just going to college to go to college. Otherwise there are better options where you will learn just as well and get a bigger network when you graduate. The "small class sizes" and "intimate" learning do not even remotely justify the cost difference. Employers don't care about many things less than how well you knew your professors.

The package TCU offers your kid (scholarships, grants, etc.) is the primary factor. Then all the secondary factors kick in - wealth, network, program, support system, etc. Picking a college is increasingly like buying a car. Different things (makes, models, packages, options, insurance and maintenance costs, brand, experience) make sense for different people and looking at one thing (ie wealth) isn’t always determinative.

 

[Cfrog1985]

The package TCU offers your kid (scholarships, grants, etc.) is the primary factor. Then all the secondary factors kick in - wealth, network, program, support system, etc. Picking a college is increasingly like buying a car. Different things (makes, models, packages, options, insurance and maintenance costs, brand, experience) make sense for different people and looking at one thing (ie wealth) isn’t always determinative.

TCU went from a valuable less expensive private option to one of the most expensive options in the country. Even with scholarships it’s a massive rip off.

They have made it to where 5% annually makes it about 535k for a freshman enrolling in 10 years including room and board. That is just stupid

 

[Brog]

TCU went from a valuable less expensive private option to one of the most expensive options in the country. Even with scholarships it’s a massive rip off.

They have made it to where 5% annually makes it about 535k for a freshman enrolling in 10 years including room and board. That is just stupid

Explain. $61.000 at 5% for 10 years equals $535,000? Doesn't sound right. (Are you a Neeley grad?)

 

[Sweat Equity]

Explain. $61.000 at 5% for 10 years equals $535,000? Doesn't sound right. (Are you a Neeley grad?)

I think he was attempting to get to a 4yr total, but that would require 8%, unless he wants to factor other variables like inflation, 5yr degree, etc. (Or something as simple as $61.000 + $15.000 rm/board + $2.000 misc = $78.000 with a ari of 0.05% in ten yrs would get to something around $535.000.)

 

[Cfrog1985]

Explain. $61.000 at 5% for 10 years equals $535,000? Doesn't sound right. (Are you a Neeley grad?)

Room and board. It’s 75k a year fall of 2024

Fall of 2034 so technically closer to 11 years.

122.2 for first year
128k
136k
142.7

528.9k sorry I exaggerated by 6.1k having never calculated it. Honestly room and board will probably go above 5%. Hopefully tuition doesn’t because TCU has made it where even at 3% growth rate it’s never affordable again.

 

[Double V]

I mean the effective tax rate for the .01% is 8%. That is just ridiculous. I was at 16% net last year (only because I deferred bonus to this year. This year will be closer to 20%

If you have a true VAT with exemptions for necessities the .01% magically goes from 8% to way higher

Sounds like you need a tax cut!

 

[Double V]

Ridiculous to talk about tax cuts. Conversation should be exclusively on what government is spending (or hoarding). Fix that insanity and everyone gets massive tax cuts.

Always wondered...We are told that direct government stimulus to gen pop (I.e. Covid payments) don't cause inflation. If true, why do we accept that we (gen pop) CONTINUE to be taxed?

 

[tmcats]

tcu's a school for rich kids, i guess. i had a lot of harvard, cal, and stanford folks working for me at chevron post my sdsu degree. i'm not sure why people pay other than they can.

 

[Hoosierfrog]

tcu's a school for rich kids, i guess. i had a lot of harvard, cal, and stanford folks working for me at chevron post my sdsu degree. i'm not sure why people pay other than they can.

Movie star’s kids, pro athletes’s kid, famous coaches kids, One of the Rockefeller kids, mob leaders kids (The head of the Dallas mob family sent his daughter to TCU in the 70s). So yeah, there’s a little money going here. Gotta come from somewhere when there’s no state welfare paying the bills…

 

[Cfrog1985]

Sounds like you need a tax cut!

I mean I wouldn’t mind one but .01% should pay way higher than 8%

 

[Frogco2015]

I think 61K is a great value for a school ranked #98 not sure what everyone here is complaining about.

 

[Cfrog1985]

I think 61K is a great value for a school ranked #98 not sure what everyone here is complaining about.

It’s 61k tuition. 75k cost of attendance for freshman year and soon 100k

 

[tmcats]

I think 61K is a great value for a school ranked #98 not sure what everyone here is complaining about.

the question is: does that $61k tcu tuition get a student a better job and career than someone who, say, attends san diego state for $8k, cal poly, purdue or k-state for $10k, clemson $16k? or is tcu a place people go just because they can?

i'm not being judgmental. if someone belongs to the country club rather than the public course, fine, i really don't give a rip. but i am curious why families spend that kind of money on college? tcu is not the only one in the pricy category either.

 

[Frogco2015]

the question is: does that $61k tcu tuition get a student a better job and career than someone who, say, attends san diego state for $8k, cal poly, purdue or k-state for $10k, clemson $16k? or is tcu a place people go just because they can?

i'm not being judgmental. if someone belongs to the country club rather than the public course, fine, i really don't give a rip. but i am curious why families spend that kind of money on college? tcu is not the only one in the pricy category either.

The answer is no. At 98 in the US news rankings, TCUs academics are not worth 6k let alone 61k and most students are better off going to University of North Texas, which is a comparable academic institution.

 

[allclearforfrogs]

the question is: does that $61k tcu tuition get a student a better job and career than someone who, say, attends san diego state for $8k, cal poly, purdue or k-state for $10k, clemson $16k?

No. There is no academic or alumni network advantage over those places. The student experience at TCU might be a little better depending on how much sports and/or being pampered is important to you.

 

[Pharm Frog]

Always wondered...We are told that direct government stimulus to gen pop (I.e. Covid payments) don't cause inflation. If true, why do we accept that we (gen pop) CONTINUE to be taxed?

Who told you that direct government payments don’t cause inflation? The government? Organizations that thrive on public largesse?

 

[HFrog1999]

The owner of my $40 million/year company is a TCU grad. He sent his sons to public universities because he thinks TCU’s tuition is way too high.

 

[Pharm Frog]

The owner of my $40 million/year company is a TCU grad. He sent his sons to public universities because he thinks TCU’s tuition is way too high.

I’m sure that’s not the only reason but it’s a good one.

 

[Double V]

Who told you that direct government payments don’t cause inflation? The government? Organizations that thrive on public largesse?

That was the claim of many in the current administration when concerns about inflation were at their peak.

 

[Fosterpark Squatter]

STOP THE COUNT!