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Starter [363]
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Orange Blooded [2857]
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Re: Well researched article about Auburn University significant spending (link)
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Dec 28, 2023, 11:22 AM
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I would be interested to see the breakdown at all of the major universities. Clemson’s tuition is even higher than Auburns. The cost of a bachelors degree at a major university is no where near worth the investment anymore.
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Letterman [299]
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Re: Well researched article about Auburn University significant spending (link)
Dec 28, 2023, 12:05 PM
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How do you measure the cost of attendance?
Tuition on paper and actual cost can be quite a bit different. If you’re doing an ROI based on sticker price you can be misleading yourself.
If you are just thinking income after graduation versus expense then learning a trade and owning your own business is going to trade well against most any major.
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CU Guru [1934]
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Re: Well researched article about Auburn University significant spending (link)
Dec 28, 2023, 1:50 PM
[ in reply to Re: Well researched article about Auburn University significant spending (link) ] |
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Depends on your particular degree and career path. Some states fund public universities better than others (SC is not one of them) and keep costs down for families. Sink several hundred grand into being a cardiologist. That’s a lot of dough. However, you’ll eventually earn $1M+ per year.
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Team Captain [458]
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Re: Well researched article about Auburn University significant spending (link)
Dec 28, 2023, 3:57 PM
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That article could be entitled Auburn and everyone else. They just didn’t do the research for all the other schools like Auburn.
STEM majors, premed, pre-law, pre-engineering, all have a reasonable return on investment.
Even in medicine, however, students better perform well, and reach out for a residency in a specialty. Otherwise they’ll find themselves just being a general doctor, employed by a hospital system and making less than 1/10 the salary of their chief executive officer/chief medical officer of their hospital. Less than 1/5 to 1/2 of lower level administrative staff.
Students who get scammed Into taking soft majors, better learn some business skills because no one is going to pay them for their college education.
In many of our elite universities now, there isn’t even a Christian ethics class in the religion department, or a course in classical European composers in the music department. Kids are being asked to pay tuition and when they reach out for their classic education, there are no course offerings. Just the research interests of the faculty.
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Oculus Spirit [77635]
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Team Captain [458]
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Re: Well researched article about Auburn University significant spending (link)
Dec 28, 2023, 3:27 PM
[ in reply to Re: Well researched article about Auburn University significant spending (link) ] |
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Throwing money at universities, in particular, the big name, well funded private and state schools is very low yield.
Give $10 million to Stanford. $7 million of it goes to overhead to support the administration. $3 million of it can go to fund three graduate students for Five years years.
Give $10 million to an HBCU and they’ll probably rename the school after you. They’ll set up a nursing program or a teachers program that produces 500 nurses and teachers per year for the next two decades.
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Team Captain [458]
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Re: Well researched article about Auburn University significant spending (link)
Dec 28, 2023, 3:40 PM
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The danger that the B.I.G and the SEC have is as follows. It sounds great to have 50 million extra dollars coming in from their football TV contracts. However, everyone in those universities knows that money is coming in. They’ll start funding academic vice presidents, DEI staff, Academic/athletic liaisons, Everybody in the athletics department gets a raise. Everybody’s cousin gets a new job. The NCAA comes in and tells them that all student athletes from the non-revenue sports are to be paid the same amount as the football and basketball players who earn the money for the school.
The predominantly African-American males, who perform on the field to earn the money for the university, will get siphon away greater than 95% with very little left for the actual athletes.
Even when the SEC/BIG promise athletes they will pay them more than the other conferences, that $50 million extra really doesn’t spread thick enough with all of the corruption and scamming. They’ll still have to pay their football players, the same old-fashioned way with NIL or simple under the table money from boosters.
The ACC and BIG 12 Will compete with booster money. Same as they do now. The deficit in TV money will simply mean less money for the universities to siphon away from the athletes.
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