|
Post by alum on Sept 11, 2017 7:49:29 GMT -5
|
|
|
Post by rgs318 on Sept 11, 2017 8:26:31 GMT -5
Imagine schools that want to take the best students to fill their limited number of spots. There are schools that cater to underprepared students (I taught at one for a number of years), but that is not the role of top universities. Kids from power homes get less reparations (for many reasons) than those from wealthier families, yet there are students who succeed even with such a starting financial handicap. Does anyone want us to go back to the days when schools such as Rutgers had to have basic reading classes for some of their new students? I hope not.
|
|
|
Post by Pakachoag Phreek on Sept 11, 2017 9:22:24 GMT -5
Interesting article. I am not sure it hits all the right targets though. IMO, the article focuses too much of the one percent and the bottom 20 percent.
If 50 years ago, HC cost $3,000 a year (tuition, room and board) -- I don't know if it was $3,000 but its probably in the ballpark -- and if that amount was 'affordable' for a family with an annual income of $15,000; now 50 years later, and the HC cost has increased to $60,000+ , and the same level of family 'affordability' is up to $300,000.
A whole lot of families who decades earlier could 'afford' HC no longer can. ------------------- 'Affordable' meaning HC cost no more than 20 percent of family income.
In 1967, out of 60 million households in the U.S., only 6.4 million had an income of $15,000 or more.
|
|
|
Post by KY Crusader 75 on Sept 11, 2017 10:11:12 GMT -5
Interesting article. I am not sure it hits all the right targets though. IMO, the article focuses too much of the one percent and the bottom 20 percent. If 50 years ago, HC cost $3,000 a year (tuition, room and board) -- I don't know if it was $3,000 but its probably in the ballpark -- and if that amount was 'affordable' for a family with an annual income of $15,000; now 50 years later, and the HC cost has increased to $60,000+ , and the same level of family 'affordability' is up to $300,000. per year. A whole lot of families who decades earlier could 'afford' HC no longer can. ------------------- 'Affordable' meaning HC cost no more than 20 percent of family income. In 1967, out of 60 million households in the U.S., only 6.4 million had an income of $15,000 or more. My recollection of Tuition, Room & Board at HC during my four years, graduating in 1975, was around $4,500 per year.
|
|
|
Post by Pakachoag Phreek on Sept 11, 2017 10:44:38 GMT -5
|
|