This honestly isn’t that much of a change. Top schools like MIT and Carnegie Mellon have been offering huge financial aid to middle and low income students forever, these are just slight numbers changes. You’ll go for free to most elite institutions if your family isn’t making 6 figures.
@@utah_koidragon7117 University administrators skim 35% up to 50% off the top from all government "research grants." That's how they make their money. Many schools like Yale, Harvard and CalTech have more (well paid) administrators than students. Gotta follow the money. It's not useful to "imagine" or try to "be logical with words."
The mere fact that these universities can offer free tuition to a significant proportion of their students is a true indication that the tuition they charge in general is WAY too high.
Not necessarily, some colleges have a large endowment from alumni. I read another comment that MIT has such a large endowment fund that they could provide free tuition for the next 34 years. This is largely due to the massive donations alumni have provided, so it’s definitely not just from tuition fees.
@ how does that conflict with what I said? US universities have a combined endowment of over $800B…the vast majority of them could set their tuition much lower than they currently charge.
Where do you think the money's coming from? It doesn't come out of thin air. Now if it's coming from wealthy donors great. But I strongly suspect it's not. I strongly suspect they are redirecting public funds that they were given for other purposes to fund this.
Umm… how about we go back to only the rich and gifted students go to college? Not everyone should be going to college. It has become a total grift which actually hurts society by keeping most people out of the work force for an extra 4 years.
@@chingronfirst of all allowing only the wealthy a college education does nothing but create an inescapable caste system. Secondly, our world is far more complex than it was 60 or 70 years ago. There aren't millions of unskilled jobs available and without educated people there would be none of the goods and services we currently have. There aren't enough wealthy people to staff every job in the country because most jobs require education to do them, it's not an artificial standard.
The cost of tuition is a function of the maximum allowable student loan. When the Federal govt raised the limit, college tuition magically went up an equal amount. The solution is to lower the maximum amount to a reasonable level so students don’t ever find themselves owning $250k. Colleges will adjust tuition to meet the lower maximum.
There’s more schools doing this than they reported on. Some schools in Texas are doing this as well. UT is free for those $75,000 and below, and half price for $150,000 and below.
If colleges want to use the tuition they charge other students combined with what alumni donate to offset or outright pay for lower income students, as a libertarian I'm all for it. So long as it isn't coming from tax money, I'm happy to see them doing this.
10-15 years ago when I went back to school you couldn't even get a BASIC job that doesn't require college unless you had at LEAST a 4 year degree! So to say "not everyone" has to have a degree - try getting work without one. When I initially tried to go to college in 89-90 - my mom had left her husband who ruined us financially with a bad business deal. I qualified for aid - and then Bush Sr was voted in and any aid I was going to get disappeared. My father had a job but no interest in helping me at ALL with school. I had my own job but it wasn't enough to pay for much of college. Let's not also forget that whether you like the ACA or not you weren't getting any healthcare without a job and most jobs that provided health care were ones that required a degree.
Point me to the law that says college is required for ALL BASIC JOBS. If you don't have one, your evidence is antidotal. Ironically, that's something you should have learned in college.
@@MsClaudiaDuran Never said there was a law - only that it was what employers were looking for in 2010s.. Market dictates who can be pickier in hiring. Absurd to question my education over it. Employers can hire at will - and even for basic office jobs with filing, for example they wanted a 4 yr degree. Lots of articles were written at the time and if you were looking for work you were experiencing it.
....no. Free tuition in this day age should be given to all since none of the colleges are able to create meaningful job experiences for portfolios and you have to go outside of it to get it. It defeats the point of getting a real education instead just being taught theories you personally haven't developed yourself.
@@infini.tesimo That's only true in certain degrees. In reality loans should only be given for degrees which have an actual ROI (mostly STEM) and not to everyone. Guaranteed student loans has caused the huge increase in costs (turns out if every student can pay whatever price you set through loans then prices shoot up).
@@EthanThrice every degree has creative way to create the experience you need to add a portfolio and it's not limited to STEM. The real problem again is since the people who are teaching are being taught theories you personally haven't developed yourself and because we get professors who don't do what they practice as in being one of the best, people just go learn from the best directly for a fraction of what you'd pay at college course and get much results for what that translates to for an ROI. It needs to be free because they are clowns lol.
They should prioritize fields of study that actually are understaffed so that kids actually get employed after graduation. I got a fellowship - free tuition plus stipend - for 4 years of veterinary college back in my country when the government veterinary services were in need of field vets ‼️ started working day after graduation, before board exams.
Our local community college did this, California. The fall out is bad. It's seen as an extension of highschool now. There are students taking classes that could care less and they are a distraction to the learning environment. They aren't interested or financially motivated, they don't try, wind up having a negative experience, and won't want to come back in the future when they really are ready. Instead of teaching my specialty, dietetics, I find that I am being more of a basic/general educator which makes this job less fulfilling for me now.
This means the rich will pay for everyone. So here's the choice: Harvard for $100,000 a year or Oxford for $22,000 a year. Colleges in Europe are becoming increasingly more desirable for U.S. students. All that's going to happen is that the rich will take their money elsewhere. I live in Chicago . The minute they decided to tax the rich more they picked up and left. Illinois is losing so much money as people flee. Same for California. These ideas do not work. The smart solution is to reduce tuition by laying off the crazy number of administrators. A perfect example is Stanford which has 10,500 students and 8,500 faculty and admin. This is common across the academic system these days.
Sadly high school admissions counselors even at elite accelerated programs don't know this. Not once was Oxford or Cambridge ever suggested to me when I was making these decisions. I just assumed the cost to go across the pond evened out with any tuition scholarship. The poor just don't have the knowledge rich families do. We don't know to even ask if going to UK, Germany or Spain is a good financial deal.
@@michaelbest4739Ya… that is why we have education from K-12. College was meant for the rich OR gifted. Not for the masses. When the masses have a college degree, the degree becomes worthless. And the fact that most universities have become schools of indoctrination, not having a degree is actually more beneficial. I have seen many employers prefer to hire an 18 year old without a degree. Another reason so many college graduates are having a hard time finding a job.
@@michaelbest4739More and more people are college educated over the past decades and the middle class has shrunk over that same time period. So… no. You seem to be wrong.
First = under $75,000 a year is middle class? Second = are those schools still charging these students $20,000 in room, board and other fees? Because they will be taking loans for those costs.
75k is nothing right now unless you live in a state live in a veey cheap area in a cheap state. Many many many many ppl making 75k/re struggle. In areas that have average rents of 2600/mo landlord requires you make 3x rent to qualify. Thats 93k/yr. You cant afford rent, therefore still in a disadvantaged postiton in the area you reside and theese insane rents are spreading everywhere, even in places where 4 years ago rents were 1200 or less. (Yes, you could move blah blah.... not everyone can! - and sometimes moving for one benifit ruins many others)
As someone who graduated from college, I don't even think you need to go to college unless your field requires a post-grad degree. The liberal arts especially aren't very useful. It's not a good use of your money. Go to community college and get job skills. I wish I'd done that.
Countries that have made the most spectacular growth rates since WW2 did so by stressing education first. The benefit to the country more than compensates for the cost. All education should be free.
@ethanhandel1001 The thing is, the people also reap the benefits through national development. That's something conservatives never seem to understand.
@@coachtaewherbalife8817 Okay I'm not a conservative so what conservatives do or don't understand isn't relevant. Also, you still haven't actually addressed my only point which is that it's not free. The debate is over who pays, how much should be paid, and what that money should be spent on.
Back in the late 90s, I received my BA & MA from my local state colleges. I was considered lower income & received a good amount of financial aid for my BA & I only graduated with $15,000 in loans for my MA. As far as today, I'm glad some of these private universities are providing free tuition for students.
If these colleges can offer this free tuition now, why haven't they been doing this before? They have obviously had the resources, if they can suddenly do this now. Holding on to these massive profits has contributed to the ridiculous cost of college in America, which far outstrips inflation. I went to Flagler college in Saint Augustine Florida. It is a private four year college in the oldest city in the United States. It has a beautiful campus, in a great location and offers a fantastic education. My freshman year cost was $1200, for room, board and tuition. This cost was $1700, a year , by the time I was a senior. Taking into account inflation, that $1700 is worth $7400 dollars today. The tuition, room and board cost at Flager College today is $39,000. According to today's standards that's actually a very good deal for a top quality private college, but it is still more than five times over the inflation rate of the past almost 50 years. Young people definitely had some stiff and painful challenges in the 60's, 70's and 80's, which are often overlooked but I do think that the young people of today have some very unfair challenges that we didn't have when we were younger. The skyhigh cost of college is certainly one of them. I hope more colleges follow the lead of the ones mentioned here.
What unfair challenges? There is many more ways to make money now. The only true challenge they have is ai. Which is even a thing that can actually replace colleges,or people.
Everyone needs to work for their own education…..I should not have to pay for your educational choices…..it’s not fair to all the people who have paid already…..our tax dollars paid for the first 12 years
200K in San Francisco for family of four is just enough to survive. Just to rent a 3 bedroom apartment will be $6000 a month. It should depend on a state where you are living.
As far as free college goes, my idea, just get a huge building or a few buildings with just hallways, classrooms, and offices. No sports, no swimming pools, no frats or sororities, no extra-curricular activities, no rock-climbing wall, no dorms, no dining room, (students bring a meal from home and eat in an eating area or go off campus to eat), and students use the public library instead of having their own library. If they want all these frills, then they can go to a university and pay for that themselves. Many students who want student loan forgiveness go there to party and hardly ever take their classes seriously.
We don't make anywhere near $200/year, but we're comfortably middle class. There's absolutely no way we could swing spending even $15k/year for college. When their financial aid is only for the lowest incomes it feels like we are being punished for doing ok in life.
Nialls' seems to want the working class to pay for the college tuition of those who will eventually out-earn them. Sorry but debt relief is not a solution given that many didn't go to college for fear of taking on too much debt so why should they be expected to pay for the debt others incurred? The banks of course would love to have the tax payer take on the debt that a student and their parents signed up for but the taxpayer didn't sign for that debt so they shouldn't be stuck with the bill. The solution would be lower tuition for public universities. which should be the purview of the states. If taxpayers of a state want that, they can vote for it unlike tuition debt relief which should was never their responsibility.
The information age should of made education less expensive and easily accessible. Instead they over saturated the market with needless degrees and kept the classist divide alive and well
These are big name schools with large endowments that’s why they can do this students who cannot go to the schools and try to still save money by going to public schools that don’t get these endowments are still stuck with high tuition fees. It’s a good start, but they need to expand on thisall schools should do this!
College should not be so expensive! My husband is a teacher and I am a former teacher not working currently for health reasons. We live in California where it takes all our income to put a roof over our heads, food on the table, and gas in our cars. We have no extra for college. Community college is our kids’ only option and that only gets them halfway through a 4 year degree.
The government just needs to get out of guaranteed loans altogether. 1. The wealthiest universities have endowments which could completely cover tuition for decades. 2. If universities wish to charge enough tuition to require most students to take out loans, then those universities should bear the burden of the risk for those students' majors. 3. To Niall's point about liberal arts degrees, as a person who has a major in liberal arts, I will say that traditionally those are for people from the upper middle class or upper class who can afford university without a professional payoff. (I got mine as a part of the department of defense credit parking program, not because I was wealthy.)
College tuition isn't that much really unless you go to a private school. Majority of the loan go to for profit college like Trump U. We just need to get rid of these for profit school that is really a rip off
I'm retired now, graduated high school in '78 with the top grades in my class (but the two top spots went to the children of doctors; my family was so poor, they had to spell it with three 'O's), worked and saved and finally was able to put myself through college in my forties. My outcome was better than if I hadn't gone on to higher education, but the knowledge that I earned a scholarship and was just cheated out of it for over twenty years because I didn't do a better job of choosing my parents (that's sarcasm)...it just sucks.
I graduated from a private college with only $8k in debt and thats from staying on a campus a few semesters but I commuted most of my time in college and they charged me no tuition. I hope the same good fortune for as many other students as possible
It's not free. It's paid for by someone else. If the money is coming from endowments, the rich are paying. If it's coming from taxes, the middle and working class are paying. And it's if the latter, what are we getting in exchange for all this money?
I got free tuition at Chicago State University, but that's because I was an honorably discharged Navy veteran. How about some of these slacker enlist first?
@@michah321 They can't make their recruitment quotas. They might attract a better group of recruits if they knew that free college would be a reward. This would be even better than the G.I bill. If they won't take them in the service they should have to work part time in a veterans hospital.
@@michah321 I got this benefit because I went to a State U. and I enlisted from Illinois. When I went to Grad School at UIC I got that partially paid for. If these school want to take slackers for free, I don't care, so long as they don't figure out a way to make the taxpayers fund this largess.
Upper Middle class can ABSOLUTELY pay for their kids college! They make enough to put aside money into an account for their kids future. I know these kids in my own life, these upper Middle class families spend $10, 000. On 1 vacation and they take at least 2 per year! They also buy their kids LULULEMON Everything which is $120 per leggings! UGG Boots which are $150. ...so yes, these families can definitely afford to pay for college! If you can buy your kid OVER $500 for ONE OUTFIT it would be completely irresponsible to not pay for their future!...
Being a millennial returning to school 16 years after my cohort, I can confirm that students fear being ostracized for their opinions, and few even feel confident in asserting their beliefs at all. I'm not sure it's academia that is squarely to blame so much as the real threat of being ostracized by their peers. The fault of academia is in that there is a pressure NOT to conduct studies which may be slightly controversial. It isn't that teachers are directly telling students what to think necessarily.
Nah I had a Canadian chem prof flat out bash the American government because he was trespassing and ran into law enforcement. He was supposed to be teaching us about bonds that day, but he thought he would be Mister Cool Guy by posing as some rebel for a good 30 minutes of that lecture. When his "am I right?" Was met with dead silence, he finally started teaching his lesson again. And thats not mentioning the obligatory "Marxist's are misunderstood" screed I'd hear maybe once per semester. They are VERY political and just as motivated by social pressures as the students. This was the case at both Colorado State and University of Colorado
@ - wouldn’t mentorships be good also? I get trade schools but a lot of the complaints is that 4 year college students still don’t know how to think for themselves enough. More mentorships would help everyone.
Sooo the upper middle class students would just end up paying what they are already paying. Maybe we should focus on lowering the cost of tuition nationwide like when the boomers went to college.
Some of these colleges have hundreds of millions of endowments sitting in investments. If they want to give free education they should! But, of course, some legislation in the future will reimburse the colleges. It's all some kind of game.
So free college for all then. Good talk. SMH. If the argument is always going to be we can’t do something because someone may miss out, make it across the board.
I’m all for anything for middle , working class kids because as a parent of a middle class boys i speak on this behalf of everyone that in that figures .. these day is nothing and all it is is tax debts on all of us leaving leaving us all barely surviving . Mind everyone most middle class are the hardest working class ever and contribute the most to tax as we don’t have anyway around it and our income is very clear . Not only that our kids don’t qualified anything or us in government help . So to give something back to middle class in college is just the right thing to do bc we should be rewarded for working so hard and to raise our kids this far . To throw our kids w debts too is not fair . We need to get the message right and fair as I believed any class as long as you works and contribute your money to tax you should be rewarded not punished . That where I believed is corrupted and we have different sides of political parties bc our message is not fair
TWell, I thought it was funny when I went to pay my tuition, and everyone but me was on aid. They didn’t know how to bill me. When I was younger, I was in the middle class but not really. I joined the army to pay for school but got shot down by class warfare yet again. Now I live in an adult care facility. They don’t want me to explain. Look at the city streets during that time. I didn’t have a winter jacket. I had a hoodie.
Guess what is the biggest business & money maker during layoffs and bad employment ratings? Colleges … colleges are. Talk to me about what a state looks like in student enrollment when manufacturing companies were laying off by the thousands throughout the state and then the unemployment rate is high
It shouldnt be how much a "family makes" but the individual its crazy for all funding avenues to assume that college is a "family" debt, not everyone lives at home at 18+ when they go to college. Not all students have parents that financially support them, yet their parents income counts against them until age 25! Until then, regardless everyones income counts towards eligibility unless you are married, legally imancipated, or your parents are disabled/no income.
There needs to be a better graduated system for welfare and scholarships. Once someone makes it out of the poor class they lose all support and may have less quality of life. We need support up to middle class. It is far cheaper to keep someone from falling to the bottom than to bring someone from the bottom up. With scholarships it works sort of the same. One generation a student gets free tuition then they make just enough to no longer qualify when their children go to college. So the kids don't go and maybe end up back in the lower class & the cycle continues.
I see education as a necessity of life. It is inconceivable for human beings to evolve through God if they lack the intellectual capacity to digest fruitful information. Ones intellectual prowess must be honed and cultivated through virtue. However, there is a much more pertinent issue we have to address. A person who is making 200K a year will pay the exact same amount for groceries as someone who earns $50K a year. This has resulted in a HUGE discrepancy in the quality of life for the majority of individuals. What we pay at the grocery store must be completely contingent on our yearly income. Excellent Video!
I don't like the fact that it is based on their families wealth/income rather than theirs. The kid could be wealthy and the family poor or the family could be wealthy but the kid poor. In college you are legally an adult at least most people. But I am glad they are trying to help even if the help is imperfect.
It's always been this way, and a reason why filing a FAFSA application often asks if the applicant(student) is being claimed as a dependent on someone else's tax return forms. You've done a FAFSA app before yes?
@@terrancecloverfield6791 Yes I have filled out FAFSA before but the above programs seemed to be administered by the schools themselves independently. A Lot of these schools are super wealthy from sales to international students to patents to donations from alumni. Usually it is kids of wealthier families that get into these school in the first place so they won't be paying for that many students but for those that do make it from poorer families any help is good help.
I said who stop dollarization and she knows supposed to cause trouble and the fighting do you understand I want so many people to understand the orders do you hear me
College tuition started climbing faster than inflation in the 80s. Lets see what happened around 1980, Oh yah the department of education was founded and basically exists to give student loans. The reality is student loans are responsible for easy money to colleges which have inflated tution which has mostly gone to bloated administration, not more teaching. The fix here is obvious, stop giving student loans. If you want to make college more accessible to poor kids reduce tuition at the public schools. If they in fact need that money let them get it from the state budgets. If you are going to be a student and have no way to afford school without loans, sign up for the military and get the GI Bill. First you will do better in school, as older students do better academically. Second you will leave school less or no debt and will have an actual set of skills on top of your degree.
This actually pisses me off. That means they’re making enough money to have done this all along.
Yep.
It was done all along this is just marketing - source myself
@ as a former teacher, I’m never recommending college unless there’s a direct ROI or the kid is gifted in something.
This honestly isn’t that much of a change. Top schools like MIT and Carnegie Mellon have been offering huge financial aid to middle and low income students forever, these are just slight numbers changes. You’ll go for free to most elite institutions if your family isn’t making 6 figures.
@@utah_koidragon7117 University administrators skim 35% up to 50% off the top from all government "research grants." That's how they make their money. Many schools like Yale, Harvard and CalTech have more (well paid) administrators than students. Gotta follow the money. It's not useful to "imagine" or try to "be logical with words."
The mere fact that these universities can offer free tuition to a significant proportion of their students is a true indication that the tuition they charge in general is WAY too high.
Not necessarily, some colleges have a large endowment from alumni.
I read another comment that MIT has such a large endowment fund that they could provide free tuition for the next 34 years. This is largely due to the massive donations alumni have provided, so it’s definitely not just from tuition fees.
@ how does that conflict with what I said? US universities have a combined endowment of over $800B…the vast majority of them could set their tuition much lower than they currently charge.
...also, why do colleges and universities pay no taxes?
I don’t believe this for a second. They’ll end up charging $50,000 a semester for parking passes and administrative fees.
Getting 250k in debt is just delaying all our children from moving out, starting lives and starting a family.
Where do you think the money's coming from? It doesn't come out of thin air. Now if it's coming from wealthy donors great. But I strongly suspect it's not. I strongly suspect they are redirecting public funds that they were given for other purposes to fund this.
Students don't have wealth, their parents do. How about we fix the college cost issue, not mask it.
Isnt offering zero tuition doing that?
No, just means I am paying for other people's kids.
Umm… how about we go back to only the rich and gifted students go to college? Not everyone should be going to college. It has become a total grift which actually hurts society by keeping most people out of the work force for an extra 4 years.
@@johnmccracken3473 exactly
@@chingronfirst of all allowing only the wealthy a college education does nothing but create an inescapable caste system. Secondly, our world is far more complex than it was 60 or 70 years ago. There aren't millions of unskilled jobs available and without educated people there would be none of the goods and services we currently have. There aren't enough wealthy people to staff every job in the country because most jobs require education to do them, it's not an artificial standard.
Maybe they just need to reduce the tuition that has skyrocketed for everyone.
The cost of tuition is a function of the maximum allowable student loan. When the Federal govt raised the limit, college tuition magically went up an equal amount. The solution is to lower the maximum amount to a reasonable level so students don’t ever find themselves owning $250k. Colleges will adjust tuition to meet the lower maximum.
I remember when professors had a very comfortable salary. Now, they are rich. It has become a total grift…
Why wouldn't they just reduce the cost across the board? How ,any people would this even apply to?
I love how they take 5 elite schools and go, “see, kumbaya, everything is fixed”, when nothing actually is. 🙄
There’s more schools doing this than they reported on. Some schools in Texas are doing this as well. UT is free for those $75,000 and below, and half price for $150,000 and below.
@@marty0063we better see thousands, and quick, before I’ll clap. We better see them as fast as the upgrades in a lot school athletic departments
If colleges want to use the tuition they charge other students combined with what alumni donate to offset or outright pay for lower income students, as a libertarian I'm all for it. So long as it isn't coming from tax money, I'm happy to see them doing this.
10-15 years ago when I went back to school you couldn't even get a BASIC job that doesn't require college unless you had at LEAST a 4 year degree! So to say "not everyone" has to have a degree - try getting work without one. When I initially tried to go to college in 89-90 - my mom had left her husband who ruined us financially with a bad business deal. I qualified for aid - and then Bush Sr was voted in and any aid I was going to get disappeared. My father had a job but no interest in helping me at ALL with school. I had my own job but it wasn't enough to pay for much of college. Let's not also forget that whether you like the ACA or not you weren't getting any healthcare without a job and most jobs that provided health care were ones that required a degree.
This happened to me paid out of pocket but my job never made enough to finish.
Point me to the law that says college is required for ALL BASIC JOBS. If you don't have one, your evidence is antidotal. Ironically, that's something you should have learned in college.
@@MsClaudiaDuran Never said there was a law - only that it was what employers were looking for in 2010s.. Market dictates who can be pickier in hiring. Absurd to question my education over it. Employers can hire at will - and even for basic office jobs with filing, for example they wanted a 4 yr degree. Lots of articles were written at the time and if you were looking for work you were experiencing it.
free tuition should be given to KIDS who earned it, to put it simply.
Huh
....no. Free tuition in this day age should be given to all since none of the colleges are able to create meaningful job experiences for portfolios and you have to go outside of it to get it. It defeats the point of getting a real education instead just being taught theories you personally haven't developed yourself.
@@infini.tesimo That's only true in certain degrees. In reality loans should only be given for degrees which have an actual ROI (mostly STEM) and not to everyone. Guaranteed student loans has caused the huge increase in costs (turns out if every student can pay whatever price you set through loans then prices shoot up).
@@EthanThrice every degree has creative way to create the experience you need to add a portfolio and it's not limited to STEM. The real problem again is since the people who are teaching are being taught theories you personally haven't developed yourself and because we get professors who don't do what they practice as in being one of the best, people just go learn from the best directly for a fraction of what you'd pay at college course and get much results for what that translates to for an ROI. It needs to be free because they are clowns lol.
Explain earned free tuition.
None of the things they are doing is lowering the cost. It is shifting who pays.
As long as I'm not paying for it through my taxes, it's not my problem.
Did they say they'd raise tuition on rich students to cover this?
@@moloney55they don’t even need to do that. College doesn’t cost what is charged plus it doesn’t day dorm costs won’t be charged
this means they've been overcharging many other students for a long time if they can afford to do this now.
The schools are paying themselves.
They should prioritize fields of study that actually are understaffed so that kids actually get employed after graduation.
I got a fellowship - free tuition plus stipend - for 4 years of veterinary college back in my country when the government veterinary services were in need of field vets ‼️ started working day after graduation, before board exams.
Our local community college did this, California. The fall out is bad. It's seen as an extension of highschool now. There are students taking classes that could care less and they are a distraction to the learning environment.
They aren't interested or financially motivated, they don't try, wind up having a negative experience, and won't want to come back in the future when they really are ready.
Instead of teaching my specialty, dietetics, I find that I am being more of a basic/general educator which makes this job less fulfilling for me now.
I wish they did that when I went to college many years ago...
When it comes to the government, be poor or rich, don't get caught in the middle. ,
You absolutely right
Government involvement in college funding is what drives up tuition.
Other than inflation (which can be prevented if the government uses surpluses instead of deficits) how else does it increase price
This means the rich will pay for everyone. So here's the choice: Harvard for $100,000 a year or Oxford for $22,000 a year. Colleges in Europe are becoming increasingly more desirable for U.S. students. All that's going to happen is that the rich will take their money elsewhere. I live in Chicago . The minute they decided to tax the rich more they picked up and left. Illinois is losing so much money as people flee. Same for California. These ideas do not work. The smart solution is to reduce tuition by laying off the crazy number of administrators. A perfect example is Stanford which has 10,500 students and 8,500 faculty and admin. This is common across the academic system these days.
Sadly high school admissions counselors even at elite accelerated programs don't know this. Not once was Oxford or Cambridge ever suggested to me when I was making these decisions. I just assumed the cost to go across the pond evened out with any tuition scholarship.
The poor just don't have the knowledge rich families do. We don't know to even ask if going to UK, Germany or Spain is a good financial deal.
Econ 101: if the government subsidizes it, the price goes up. Education, housing, medical
Raising the education level allows for skilled workers and a creates a growth in the middle class.
@ skills like welding and HVAC ? Or gender studies and art history? Either way, subsidies still drive up cost.
@JTbluesification subsidies are needed to offset the wealth inequality; college are a for-profit way to add a paywall to becoming middle class.
@@michaelbest4739Ya… that is why we have education from K-12. College was meant for the rich OR gifted. Not for the masses. When the masses have a college degree, the degree becomes worthless. And the fact that most universities have become schools of indoctrination, not having a degree is actually more beneficial. I have seen many employers prefer to hire an 18 year old without a degree. Another reason so many college graduates are having a hard time finding a job.
@@michaelbest4739More and more people are college educated over the past decades and the middle class has shrunk over that same time period. So… no. You seem to be wrong.
First = under $75,000 a year is middle class?
Second = are those schools still charging these students $20,000 in room, board and other fees? Because they will be taking loans for those costs.
Under 75,000 is not middle class
This was always allowed.
Yup yup … allowed, but not done. 👍🏼
If I just graduated from one of those schools with a big debt, I'd be a more than a little upset.
You realize how many people apply for those scholarships?! There’s only so many they give away
75k is nothing right now unless you live in a state live in a veey cheap area in a cheap state. Many many many many ppl making 75k/re struggle. In areas that have average rents of 2600/mo landlord requires you make 3x rent to qualify. Thats 93k/yr. You cant afford rent, therefore still in a disadvantaged postiton in the area you reside and theese insane rents are spreading everywhere, even in places where 4 years ago rents were 1200 or less. (Yes, you could move blah blah.... not everyone can! - and sometimes moving for one benifit ruins many others)
Well people have lost the real meaning of the word college. You don't need to go to ivy to get an education
As someone who graduated from college, I don't even think you need to go to college unless your field requires a post-grad degree. The liberal arts especially aren't very useful. It's not a good use of your money. Go to community college and get job skills. I wish I'd done that.
If someone tries very hard in HIGH SCHOOL, then they should get FREE TUITION. It's how it was in the 90s.
@@TC-zf1ji how is MY NEWS fake?
Where were you that college was free for high GPAs? I went in 2005, didn't start getting merit scholarships until my sophomore year.
Countries that have made the most spectacular growth rates since WW2 did so by stressing education first. The benefit to the country more than compensates for the cost. All education should be free.
Except it's never free... the question is always who pays for it.
@ethanhandel1001 It's paid by taxes, meaning the people all share the cost of educating the people.
@@coachtaewherbalife8817 So, like I said, not free. It's just a question of who pays. Thanks for agreeing.
@ethanhandel1001 The thing is, the people also reap the benefits through national development. That's something conservatives never seem to understand.
@@coachtaewherbalife8817 Okay I'm not a conservative so what conservatives do or don't understand isn't relevant. Also, you still haven't actually addressed my only point which is that it's not free.
The debate is over who pays, how much should be paid, and what that money should be spent on.
Back in the late 90s, I received my BA & MA from my local state colleges. I was considered lower income & received a good amount of financial aid for my BA & I only graduated with $15,000 in loans for my MA.
As far as today, I'm glad some of these private universities are providing free tuition for students.
If these colleges can offer this free tuition now, why haven't they been doing this before? They have obviously had the resources, if they can suddenly do this now. Holding on to these massive profits has contributed to the ridiculous cost of college in America, which far outstrips inflation. I went to Flagler college in Saint Augustine Florida. It is a private four year college in the oldest city in the United States. It has a beautiful campus, in a great location and offers a fantastic education. My freshman year cost was $1200, for room, board and tuition. This cost was $1700, a year , by the time I was a senior. Taking into account inflation, that $1700 is worth $7400 dollars today. The tuition, room and board cost at Flager College today is $39,000. According to today's standards that's actually a very good deal for a top quality private college, but it is still more than five times over the inflation rate of the past almost 50 years. Young people definitely had some stiff and painful challenges in the 60's, 70's and 80's, which are often overlooked but I do think that the young people of today have some very unfair challenges that we didn't have when we were younger. The skyhigh cost of college is certainly one of them. I hope more colleges follow the lead of the ones mentioned here.
What unfair challenges? There is many more ways to make money now. The only true challenge they have is ai. Which is even a thing that can actually replace colleges,or people.
Everyone needs to work for their own education…..I should not have to pay for your educational choices…..it’s not fair to all the people who have paid already…..our tax dollars paid for the first 12 years
Not “admin” but “fund managers”- use endowments for students! And Naill- paid for private elementary school in UK yes?
How generous of these institutions, which have endowments larger than the economies of several nations, to grant the plebes some crumbs.
Ironically I don't think college is something smart people do right now
200K in San Francisco for family of four is just enough to survive. Just to rent a 3 bedroom apartment will be $6000 a month. It should depend on a state where you are living.
As far as free college goes, my idea, just get a huge building or a few buildings with just hallways, classrooms, and offices. No sports, no swimming pools, no frats or sororities, no extra-curricular activities, no rock-climbing wall, no dorms, no dining room, (students bring a meal from home and eat in an eating area or go off campus to eat), and students use the public library instead of having their own library. If they want all these frills, then they can go to a university and pay for that themselves. Many students who want student loan forgiveness go there to party and hardly ever take their classes seriously.
College debt needs to be solved by the cost of education.
We as a nation need to do all we can to educate our people. It doesn't need to be Simply based on income, or grades, but a good blend of criteria.
A family of 4 or 5 paying $15K -$45K per year for college is not easy for a even for a couple making $200K.
We don't make anywhere near $200/year, but we're comfortably middle class. There's absolutely no way we could swing spending even $15k/year for college. When their financial aid is only for the lowest incomes it feels like we are being punished for doing ok in life.
Sadly, in the Real World, nothing in Life is free.
Amber's always a good fill in for Robby
Nialls' seems to want the working class to pay for the college tuition of those who will eventually out-earn them. Sorry but debt relief is not a solution given that many didn't go to college for fear of taking on too much debt so why should they be expected to pay for the debt others incurred? The banks of course would love to have the tax payer take on the debt that a student and their parents signed up for but the taxpayer didn't sign for that debt so they shouldn't be stuck with the bill. The solution would be lower tuition for public universities. which should be the purview of the states. If taxpayers of a state want that, they can vote for it unlike tuition debt relief which should was never their responsibility.
This is incredible ❤
The information age should of made education less expensive and easily accessible. Instead they over saturated the market with needless degrees and kept the classist divide alive and well
These are big name schools with large endowments that’s why they can do this students who cannot go to the schools and try to still save money by going to public schools that don’t get these endowments are still stuck with high tuition fees. It’s a good start, but they need to expand on thisall schools should do this!
Ill believe it when I see it. You practically have to be homeless to qualify for fasfa
This isn’t true lol
Free college education would be a good thing. It would greatly benefit our country.
Not having a degree in the US equals low paying jobs and much less opportunity!
Soon these colleges can graduate to paying off student loans too! OK by me as long as we're not paying.
Baffling they don't use a ramp function.
Tell us something that hasn’t been done yet 🥴🙄
I don't think any group should get a free ride over another group. Either EVERYONE gets it, or no one gets it.
Yeah....but this is in the case of annual incomes. I wouldn't want free tuition to go to someone, whose family makes well above $200k annual.
Is there only way to achieve an education for all.
College should not be so expensive! My husband is a teacher and I am a former teacher not working currently for health reasons. We live in California where it takes all our income to put a roof over our heads, food on the table, and gas in our cars. We have no extra for college. Community college is our kids’ only option and that only gets them halfway through a 4 year degree.
I like the ability to agree, and not feel obligated to defend extreme positions. Thanks for the civility.
The government just needs to get out of guaranteed loans altogether.
1. The wealthiest universities have endowments which could completely cover tuition for decades.
2. If universities wish to charge enough tuition to require most students to take out loans, then those universities should bear the burden of the risk for those students' majors.
3. To Niall's point about liberal arts degrees, as a person who has a major in liberal arts, I will say that traditionally those are for people from the upper middle class or upper class who can afford university without a professional payoff. (I got mine as a part of the department of defense credit parking program, not because I was wealthy.)
College tuition isn't that much really unless you go to a private school. Majority of the loan go to for profit college like Trump U. We just need to get rid of these for profit school that is really a rip off
I'm retired now, graduated high school in '78 with the top grades in my class (but the two top spots went to the children of doctors; my family was so poor, they had to spell it with three 'O's), worked and saved and finally was able to put myself through college in my forties. My outcome was better than if I hadn't gone on to higher education, but the knowledge that I earned a scholarship and was just cheated out of it for over twenty years because I didn't do a better job of choosing my parents (that's sarcasm)...it just sucks.
What about the rest of the universities?
Can someone do some apple to apple comparisons of college costs from u.s. to u.k. Curious to see.
I graduated from a private college with only $8k in debt and thats from staying on a campus a few semesters but I commuted most of my time in college and they charged me no tuition. I hope the same good fortune for as many other students as possible
It's not free. It's paid for by someone else. If the money is coming from endowments, the rich are paying. If it's coming from taxes, the middle and working class are paying. And it's if the latter, what are we getting in exchange for all this money?
"Administrative class within the college bureaucracy" = The Gravy Train
I got free tuition at Chicago State University, but that's because I was an honorably discharged Navy veteran. How about some of these slacker enlist first?
The military is very selective now, it's not something where they'll take just anyone. It's almost like getting into college
@@michah321 They can't make their recruitment quotas. They might attract a better group of recruits if they knew that free college would be a reward. This would be even better than the G.I bill. If they won't take them in the service they should have to work part time in a veterans hospital.
@Guy-d2e working in a VA hospital is a really hard job to get actually. But yeah if someone serves 4 years in the service they should get free college
@@michah321 I got this benefit because I went to a State U. and I enlisted from Illinois. When I went to Grad School at UIC I got that partially paid for. If these school want to take slackers for free, I don't care, so long as they don't figure out a way to make the taxpayers fund this largess.
@@Guy-d2e It's called the GI bill. And some companies also have tuition assistance if you make the grade
Any private college can do that with their endowment. Not taxpayers money
What would happen if students went on strike and nobody enrolled for a semester?
Upper Middle class can ABSOLUTELY pay for their kids college! They make enough to put aside money into an account for their kids future. I know these kids in my own life, these upper Middle class families spend $10, 000. On 1 vacation and they take at least 2 per year! They also buy their kids LULULEMON Everything which is $120 per leggings! UGG Boots which are $150. ...so yes, these families can definitely afford to pay for college! If you can buy your kid OVER $500 for ONE OUTFIT it would be completely irresponsible to not pay for their future!...
What is wrong for working through school. I had 3 part time jobs to get through school
Please keep this Brit on the show, I don't agree with him motly but he is respectable and nit pure condescending cringe like that Nomiki person.
U of Delaware is looking like $16k/yr. They are ALL now overpriced.
Being a millennial returning to school 16 years after my cohort, I can confirm that students fear being ostracized for their opinions, and few even feel confident in asserting their beliefs at all.
I'm not sure it's academia that is squarely to blame so much as the real threat of being ostracized by their peers. The fault of academia is in that there is a pressure NOT to conduct studies which may be slightly controversial.
It isn't that teachers are directly telling students what to think necessarily.
Nah I had a Canadian chem prof flat out bash the American government because he was trespassing and ran into law enforcement. He was supposed to be teaching us about bonds that day, but he thought he would be Mister Cool Guy by posing as some rebel for a good 30 minutes of that lecture. When his "am I right?" Was met with dead silence, he finally started teaching his lesson again. And thats not mentioning the obligatory "Marxist's are misunderstood" screed I'd hear maybe once per semester. They are VERY political and just as motivated by social pressures as the students. This was the case at both Colorado State and University of Colorado
What about replacing college with a mentor system sort of makes up for kids out of college needing some hand holding?
Nah/ more trade school in the community colleges.
@ - wouldn’t mentorships be good also? I get trade schools but a lot of the complaints is that 4 year college students still don’t know how to think for themselves enough. More mentorships would help everyone.
FREE TUITION should be for students who do good in HIGH SCHOOL. It shouldn't be INCOME BASED.
You don't think there is a correlation?
Sooo the upper middle class students would just end up paying what they are already paying. Maybe we should focus on lowering the cost of tuition nationwide like when the boomers went to college.
I like these two
Tuition is only a small part of the cost of going to college.
Some of these colleges have hundreds of millions of endowments sitting in investments. If they want to give free education they should! But, of course, some legislation in the future will reimburse the colleges. It's all some kind of game.
I just come to the hill and filter by Amber Duke at this point cos I know she's legit AF.
How about no income students ...
"Under meritocracy, it was called Scholarship. Now under DEI Communism, it is called Equity. "
So free college for all then. Good talk. SMH. If the argument is always going to be we can’t do something because someone may miss out, make it across the board.
I’m all for anything for middle , working class kids because as a parent of a middle class boys i speak on this behalf of everyone that in that figures .. these day is nothing and all it is is tax debts on all of us leaving leaving us all barely surviving . Mind everyone most middle class are the hardest working class ever and contribute the most to tax as we don’t have anyway around it and our income is very clear . Not only that our kids don’t qualified anything or us in government help . So to give something back to middle class in college is just the right thing to do bc we should be rewarded for working so hard and to raise our kids this far . To throw our kids w debts too is not fair . We need to get the message right and fair as I believed any class as long as you works and contribute your money to tax you should be rewarded not punished . That where I believed is corrupted and we have different sides of political parties bc our message is not fair
SIDESTEP Biden……..who?
Oh him.
Thats not side stepping. Context matters and the headline is misleading.
What about lower income
TWell, I thought it was funny when I went to pay my tuition, and everyone but me was on aid. They didn’t know how to bill me. When I was younger, I was in the middle class but not really. I joined the army to pay for school but got shot down by class warfare yet again. Now I live in an adult care facility. They don’t want me to explain. Look at the city streets during that time. I didn’t have a winter jacket. I had a hoodie.
Guess what is the biggest business & money maker during layoffs and bad employment ratings? Colleges … colleges are. Talk to me about what a state looks like in student enrollment when manufacturing companies were laying off by the thousands throughout the state and then the unemployment rate is high
It shouldnt be how much a "family makes" but the individual its crazy for all funding avenues to assume that college is a "family" debt, not everyone lives at home at 18+ when they go to college. Not all students have parents that financially support them, yet their parents income counts against them until age 25! Until then, regardless everyones income counts towards eligibility unless you are married, legally imancipated, or your parents are disabled/no income.
Good if it aint coming out of the taxpayers pockets then i dont care
Now I have to pay for overpriced worthless degrees? It is going to be awesome when I am homeless.
Read up on Elite Over-production.
There needs to be a better graduated system for welfare and scholarships. Once someone makes it out of the poor class they lose all support and may have less quality of life. We need support up to middle class. It is far cheaper to keep someone from falling to the bottom than to bring someone from the bottom up. With scholarships it works sort of the same. One generation a student gets free tuition then they make just enough to no longer qualify when their children go to college. So the kids don't go and maybe end up back in the lower class & the cycle continues.
You miss spelled indoctrination camps
I see education as a necessity of life. It is inconceivable for human beings to evolve through God if they lack the intellectual capacity to digest fruitful information. Ones intellectual prowess must be honed and cultivated through virtue. However, there is a much more pertinent issue we have to address. A person who is making 200K a year will pay the exact same amount for groceries as someone who earns $50K a year. This has resulted in a HUGE discrepancy in the quality of life for the majority of individuals. What we pay at the grocery store must be completely contingent on our yearly income. Excellent Video!
Tax dollars do not need to be going to pay anyone's tuition. Pay your own tuition. Otherwise the world needs plenty of carpenters.
We need better options for trades for sure.
I don't like the fact that it is based on their families wealth/income rather than theirs. The kid could be wealthy and the family poor or the family could be wealthy but the kid poor. In college you are legally an adult at least most people. But I am glad they are trying to help even if the help is imperfect.
It's always been this way, and a reason why filing a FAFSA application often asks if the applicant(student) is being claimed as a dependent on someone else's tax return forms. You've done a FAFSA app before yes?
@@terrancecloverfield6791 Yes I have filled out FAFSA before but the above programs seemed to be administered by the schools themselves independently.
A Lot of these schools are super wealthy from sales to international students to patents to donations from alumni.
Usually it is kids of wealthier families that get into these school in the first place so they won't be paying for that many students but for those that do make it from poorer families any help is good help.
fix the lighting
I said who stop dollarization and she knows supposed to cause trouble and the fighting do you understand I want so many people to understand the orders do you hear me
College tuition started climbing faster than inflation in the 80s. Lets see what happened around 1980, Oh yah the department of education was founded and basically exists to give student loans. The reality is student loans are responsible for easy money to colleges which have inflated tution which has mostly gone to bloated administration, not more teaching. The fix here is obvious, stop giving student loans. If you want to make college more accessible to poor kids reduce tuition at the public schools. If they in fact need that money let them get it from the state budgets. If you are going to be a student and have no way to afford school without loans, sign up for the military and get the GI Bill. First you will do better in school, as older students do better academically. Second you will leave school less or no debt and will have an actual set of skills on top of your degree.
Professor will now get 200% raise. Good ole socialism 😊
Middle income only?.