Tuition at local universities continues to climb. SLU is hiking undergrad tuition to $24,760 next fall. Wash U is raising tuition to $31,100; room and board is another $10,754.
Anyone who's actually paying that much needs to have his head examined. As someone who had all of his tuition, room and board covered by merit-based scholarships (thanks Bright Flight, Curators, Citibank, Meryl Bartlett, Ruth Earline Taylor Allen, Alta Mae Harness, Elizabeth Jennison, Charles W. Frees and Robert C. Byrd!), I just can't see spending that much money for an undergrad degree. Starting out post-college life $160,000 in the hole seems like a bad way to go.
Posted under Other by Brian Marston on Fri., Jan 28, 2005 at 9:31 AM
Agreed. Getting paid to go to school is a much better way to go! Between UMSL and Wash U., I've probably made almost $100,000 as a college student. Of course, in grad school you do have to work a little bit for the money, but in undergrad it was a very sweet deal.
[Posted by Joe Frank on Mon., Jan 31, 2005 at 8:58 AM]But no one spends that much except for the super wealthy and some foreign students. Aid jumps in to make it relatively reasonable. I could have gone essentially free to a state university if I had wanted, but I wanted a different environment and I didn't have to pay much more than standard tuition at Illinois State by the time scholarships and aid kicked in.
Full tuition students are generally very wealthy and don't have to worry about debt or foreign students who get aid from their country in some form--hence they subsidize the cost for others.
Something like 80% of Wash U students get some form of aide--and that is saying something given the general wealth level of students there.
[Posted by ArchPundit on Mon., Jan 31, 2005 at 12:11 PM]