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Should College Tuition Vary By Major, Based On the College's Costs For the Major? (qz.com)
Registered Coward v2 writes: Vault, in a blog post, discusses whether colleges should base tuition on the actual cost of providing the education rather than on a one-price-for-all-credits basis. Their argument is based on a Quartz article that shows engineering and science degrees cost schools a lot more than liberal arts degrees for a variety of reasons, including higher professor salaries and equipment/infrastructure costs. As a result, those majors are subsidized by the cheaper ones even though they also have the highest earnings in aggregate. The new paper on the topic estimates that it typically costs the universities more than $62,000 to educate an engineer (including professor salaries, facilities fees, and administrative costs), while an English or business major costs nearly half that. Quartz has a chart embedded in its report that shows the cost of education by major at the University of Florida. There's also another chart that shows the earnings of past graduates, up to age 45, minus the cost of each degree. According to the paper, even though it costs more for an engineering degree, it pays off.
They already charge more for Engineering degrees. It's called "lab fees" rather than tuition. Another good one is "Engineering major surcharge" that I had to pay.
There should be exactly one deciding factor dictating whether or not you can get a degree: Your brain.
Most European countries follow that idea. My university gets stormed with new students every September and their solution was quite simple: Radical testing. 3 semesters in about 10-20% of the students remain and most of them actually finish.
If you got a LOT of people wanting a degree and you're not dependent on them paying you, you can test brutally to eliminate anyone who isn't willing to put in time and effort above and beyond anyone else, and what you get in the end, holding a degree, IS the best you could possibly get. Everyone who isn't perished.
Who said that "free" cannot end up in ruthless competition that makes any cold blooded capitalist beg for mercy?
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.