07-26-2016, 06:30 PM
(07-26-2016, 05:40 PM)Belsnickel Wrote: Schools are doing this already. However, the issue is that this differential tuition is typically higher for those fields with higher earning potential. The reason is that I costs more to attract professors from those fields. We have tho issue with nursing and business.
And the actual % of tuition (never mind room & board) going to those professors is still small.
Growth in administrative services, to expand student services (like "safe places"), and things like luxury dorms and lazy rivers. That all has a lot to do with the explosion in tuition costs....made possible by, again, easy money.
If you do the math, a class of 30 people should each pay about $700 per class to support a total salary & benefits for a professor in the neighborhood of $240k (before any other state/taxpayer support). For business classes, that's most non-Execs will make in the private sector. But practically speaking, that's only for advanced classes and could cut that in half for lower-level classes.
5 classes a semester would mean you should pay about $5000 per year in tuition, for you teachers. Then of course you have books and food, and a facilities (including room) and administration charge.
Now if you want to involved taxpayer support, look at that facilities and administration charge. It is necessary, but not really mission critical to the quality of learning experience. That was as a taxpayer I have a say in how much "free" education I'm supporting, as opposed to handing out blank checks for rock climbing walls.
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