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The New Coffee Room

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  2. General Discussion
  3. College Financial Aid Collusion

College Financial Aid Collusion

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  • AxtremusA Away
    AxtremusA Away
    Axtremus
    wrote on last edited by
    #1

    https://www.wsj.com/articles/yale-georgetown-other-top-schools-illegally-collude-to-limit-student-financial-aid-lawsuit-alleges-11641829659

    Bunch of colleges and universities getting sued for colluding on students' financial aid calculations.

    In addition to Yale, Georgetown and Northwestern, other named defendants in the suit are: Brown University, the California Institute of Technology, the University of Chicago, Columbia University, Cornell University, Dartmouth College, Duke University, Emory University, the Massachusetts Institute of Technology, the University of Notre Dame, the University of Pennsylvania, Rice University and Vanderbilt University.

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    • IvorythumperI Offline
      IvorythumperI Offline
      Ivorythumper
      wrote on last edited by
      #2

      The bidness of education.

      1 Reply Last reply
      • George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #3

        If only someone could tell us why college costs so much.

        OTOH, if these people don't like the way colleges allocate financial aid, they should just build their own schools and be done with it.

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        Aqua LetiferA 1 Reply Last reply
        • George KG George K

          If only someone could tell us why college costs so much.

          OTOH, if these people don't like the way colleges allocate financial aid, they should just build their own schools and be done with it.

          Aqua LetiferA Offline
          Aqua LetiferA Offline
          Aqua Letifer
          wrote on last edited by
          #4

          @george-k said in College Financial Aid Collusion:

          If only someone could tell us why college costs so much.

          OTOH, if these people don't like the way colleges allocate financial aid, they should just build their own schools and be done with it.

          With bullet points because who has time for that shit.

          Please love yourself.

          1 Reply Last reply
          • X Offline
            X Offline
            xenon
            wrote on last edited by xenon
            #5

            The U.S. has this weird tendency to pump tax money into systems it doesn't want to manage.

            Why are schools setting prices for something customers (students) buy with unlimited tax-funds?

            Schools that take public funds need to have public cost oversight.

            In Canada - students pay about $10K a year for public universities, the rest of the cost is directly subsidized by the government. The government gets say into # of places, cost/student, etc.

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            • JollyJ Offline
              JollyJ Offline
              Jolly
              wrote on last edited by
              #6

              We can do it cheaper. A lot cheaper.

              There should be no reason we can't do the first four semesters for $2000/semester.

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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              • Doctor PhibesD Offline
                Doctor PhibesD Offline
                Doctor Phibes
                wrote on last edited by
                #7

                When I toured a few places with my son, I was struck by the unnecessary amount of stuff that was in the colleges. Really, really nice looking food courts, and a lot of really expensive looking fluff. This was a State College, not even private. I guess the argument is that it's all needed to attract students, but it smelled a lot like bullshit to me. I'm not convinced a lot of it is focused on what's actually important to get a decent job, which is why we go.

                I was only joking

                1 Reply Last reply
                • JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #8

                  I remember seeing a video shot by a Russian college student in her hometown (small city). The local college was a three story building, about the size of 500-600 student high school.

                  The curriculum was limited, but IIRC, it was very cheap.

                  “Cry havoc and let slip the DOGE of war!”

                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                  89th8 1 Reply Last reply
                  • JollyJ Jolly

                    I remember seeing a video shot by a Russian college student in her hometown (small city). The local college was a three story building, about the size of 500-600 student high school.

                    The curriculum was limited, but IIRC, it was very cheap.

                    89th8 Offline
                    89th8 Offline
                    89th
                    wrote on last edited by
                    #9

                    @jolly That's because in mother russia... books read YOU

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