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Rice University Says Middle-Class And Low-Income Students Won't Have To Pay Tuition (npr.org)
Rice University is "dramatically expanding" its financial aid offerings, promising full scholarships to undergrads whose families have income under $130,000. NPR reports: The school says it wants to reduce student debt -- and make it easier for students from low-income families to attend. "Talent deserves opportunity," Rice President David Leebron said while announcing the plan on Tuesday. The full scholarships are earmarked for students whose families have income between $65,000 and $130,000. Below that level, the university will not only cover tuition but also provide grants to cover students' room and board, along with any other fees. Another part of the program will help students whose family income surpasses the maximum: If their family's income is between $130,000 and $200,000, they can still get grants covering at least half of their tuition.
As the US continues it's long fall towards Socialism, I am saddened by the low information populace who think that this will be a panacea. They think that money is free and there is an endless supply of it growing on trees somewhere. The unfortunate fact is, it's easy to spend other people's money until there's no more money to spend. If I was a successful job creator who had worked hard to achieve success and I had to pay to put my child through college while all the lower achievers kids just went for free, well I'd be pretty pissed. I certainly never would hire someone who had their college handed to them on a Socialist platter.
That seems strange to me.
https://tech.slashdot.org/comments.pl?sid=12520486&cid=57184660 Ray morris is a lying faggot
The trend lately is for colleges to set a ridiculously high price, then give "everyone" a discount. They're taking as much as they can from everyone. In what other field do companies get away with that? What a scam.
How about lowering the actual cost of education to begin with? Maybe a few less new buildings, staff positions, student outreach initiatives...
"it's easy to spend other people's money" = Republicanism in a nutshell
So where does this money actually come from? Federal grants? Royalties? Someone is paying, after all...
The question is where will they make up the income loss? Its a private institution so I realize they can probably do this to some extent, but you also must have a certain amount of paying students too. Otherwise its like Affordable care act, where only the sick sign up and the young and healthy see no reason paying for others health care. Pretty sure in the end the demographics for this school means most students won't meet the requirements and I expect some requirements to maintain a certain GPA as well. Which should be expected and if you get a free ride the giveback should be making good grades.
Is that university good? No one I know earns $65000/y, a free trip sounds good!
It's ridiculous what universities are paying for "temporary" educators. They got the idea from the vast temp market in areas such as engineering. There will always be someone unqualified, but qualified-on-paper, who will do the job at those rates.
If your family is pulling in $130,000 and you can't afford an education then the problem's in the Universities.
Maybe those $100 million sports facilities and plasma TVs in every bedroom aren't really needed.
Um. No.
Firstly, you usually *can* afford an education, you just can't necessarily afford to get diploma from a decent college other than the state college. You can still get a degree in most state systems, and you can go far beyond that for learning if you care about learning more than the degree because information is so easy to get these days. You can study computer science at your local community college and watch and work through the MIT curriculum on your own, for example.
Also, the money universities spend on sports *bring money in* to the institution. Why do you think sports are so stupidly big? It's not because they're academically useful, it's because they sell tickets and help keep people connected to the school (which increases donations).
They will cover tuition, but what about all the other costs? Not covered unless your family is below that $65k mark. I wonder if they found that they still make a nice profit on the room and board, etc.
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In 1964, Rice's tuition was $0, per the Founder's will. Then they broke the will and started charging. Of course, others since, singlely and in combination, have given more now. However, this is a good step toward restoration of their Benefactor's honorable intent.
Rice did without tuition for 50+ years, in the tougher years at the start.
Family Money. Scholarships. Loans
College of the Ozarks is essentially free to students, but you have to work for it.
In some states, veterans get tuition at public or in some cases even private schools partly or fully covered.
If you can get admitted to one of the US military academies, the tuition is free but you pay for it with a commitment to serve. Similar military scholarships for ROTC students and some graduate students are also available.
I don't know about today, but in the recent past some loans were forgivable after 10 years of employment in certain high-need "social service" jobs such as teaching in a low-income school.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
Another billionaire giving $1 billion now would pay for about 15,000 student years.
Howard Hughes was Rice's first potential billion dollar donor but he got crosswise and left his billions in the Howard Hughes Medical Institute. Probably something about divorcing the Founder's niece after screwing too many Hollywood actresses in the 20s, and wanting his name on the proposed medical school.
Until the 1960s Rice University didn't charge any tuition.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
If your parents live nearby you might have the option of living with them. I'm sure you still have to pay a fee for parking if you drive your car in, and there are the usual "mandatory fees" like the student union fees.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
THAT'S WHY.
When the hell did that become middle class?
If they can afford this and keep the lights on, it really shows how much we are all overpaying for higher education.
You are being ripped off every second of every day, so that advertisers can help rip you off even more tomorrow.
$130K in NYC is poverty level. You definitely cannot afford Rice tuition with $130K. After taxes you are looking at $75K. A year at Rice with Room and Board is close to that.
'Free college for all' isn't even a worthwhile goal. Just stupid.
Assuming "all" means all who have the brains to graduate, at what level should we draw the line for "free education for all"?
In the USA, we tend to draw the line after 12th grade.
In some other countries, they draw it 2, 3, or 4 years higher (I think Belize has free college tuition, for example).
In some others, even some graduate degrees are tuition-free, albeit with strings attached (I think Cuba has free medical schools, but all doctors work for the state and they don't get paid much).
Some countries draw the line much lower, only offering free tuition to 8th grade or even lower grades.
There may be some countries that do not offer free schooling at all.
Where should America draw the line, and why?
Note: I'm not talking about "automatic admission/admission by entitlement" like the USA does for K-12 students for the vast majority of its public K-12 schools, or "compulsory attendance or registered home-schooling" like almost all of the USA does from age 6 to 16 or so (those ages may vary by state). I'm talking about "if you DO get admitted, you won't pay tuition."
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
they got a $5.5 billion dollar endowment. They're spending it on free college for kids who can't really afford it. Don't forget that even if those parents are making good money now most in that income bracket still haven't fully recovered from the 2008 crash. I know I haven't.
I'm happy they're going to give out scholarships but I want to see more being done for public Universities. In 2018 college should be tuition free. For one thing given productivity raises and automation we could use less people in the job market. For another thing a better educated electorate would be in a better position to stop crap like the 2008 market crash from happening in the first place.
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It is well respected (except football) school. At this price, it just became one of the best deals for extremely high quality university education in the world, especially for science degrees.
Disclosure: 3 family members are alumni, 2 with advanced degrees.
I went to a state school.
I'm a Rice alum. I attended back when the tuition was set low, and Rice was widely considered an astonishing value for the price. Not much of an exxageration to say that even then, I was about the only one of my friends whose family was paying the full freight - Rice has always been generous grants and scholarships.
This move is significant, since it moves Rice back toward its roots. The university operated from its opening until the mid-1960s, without charging tuition at all. That was the vision of the founder. Plus, the university has a very large endowment fund, and a relatively small student body, and very, very conservative approach to spending money.
I applaud what my alma mater has done. They need to go farther, the cost of a private university education is out of control. Rice is in a position to do this, and should do more and should have done this sooner. But, this is a good thing. |
And, oh yeah - Go Owls!
Rice University closed it doors today following a failed socialist experiment in which Rice tried to fund the college education of hordes of undocumented democrat voters masquerading as poor Hispanic Americans.
Those who could master English well enough to graduate and get a good job in the STEMs (employers long ago stopped hiring gender studies graduates) started paying taxes and realized what most Americans do, that their tax money went to pay for 4th, 5th and 6th generation professional welfare recipients who contribute nothing to the economy and drain public resources.
Rice administrators had been influenced by Marxist theology and attempted to deploy the
Cloward–Piven strategy, but succeeded only in destroying their own financial base. The Rice administrators found work as schedule managers at various fast food burger joints around the country.
Running with Linux for over 20 years!
Liberalism was what the Founding Fathers wrote about. What Horny Wumpwuss the cantankerous old nazi faggot practices is definitely NOT Conservatism by any stretch of the word's meaning, it's fascism and supremacy. He's a moron.
He has "no brain" and every time he endorses another nazi he demonstrates it for all to see. Conservatism is all but dead. His reichtarded replacement can't be bothered to tell the truth, and will be hung for treason. Liberals will be fine, lol.
It's the Trumptards who will have hell to pay in their old age. Everyone they depend on will hate their racist retarded guts, and they'll be abused en masse. Like old Nazi prison guards at 90, Trumpers will be hunted and exterminated.
It's already begun.
If they can lower tuition, that means that did not have to raise it to meet ends. Then why did tuition raise in the first place?
"it's easy to spend other people's money" = Republicanism in a nutshell
What planet are you from?
On EARTH the tax & spend people call themselves "liberal", "progressive" or "socialist", but in reality are Marxist. Bloomberg describes how the Democrats want to reverse tax cuts and add $1 Trillion on tax hikes IF they win this midterm and in 2020. For sure they will use some of the tax money put more people on welfare so they'll become dependent on gov handouts.
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Here's the truth:
https://www.investors.com/poli...
Education should be free or close to it for all that wish to better themselves and have the fortitude and drive to work hard. As it is now most universities and cash cows. Where football coaches for LIFE get massive life long paychecks even after only staying with the school a few years.
I should finish this semester and stop going to college until its free. I pay out of pocket by working full time too, I could really use a couple of free semesters.
Maybe keeping the German (and Japanese) military small is worth the money from the US to help prevent a repeat of their historical behavior
I listen to both RIAA and non-RIAA stuff if I like the music, tangential business/politics nonwithstanding.
You don't even know what you're talking about, reversing tax-cuts is about paying for our shit now. Republicans are all about the transfer of wealth from the 99% to the 0.1% Just like how the motherfucker in the oval office gave himself a tax break to pay for his personal jet.
The ReThuglicans have been lying about supply side--or tinkledown for decades, and ignorant motherfuckers like yourself still believe it.
Glad you're into golden showers.
We choose to go to college not because we are rich but because it is hahd.
I listen to both RIAA and non-RIAA stuff if I like the music, tangential business/politics nonwithstanding.
That's why I went there for my first degree. I was accepted by an Ivy League school, too, but Rice seemed the better value. They were still transitioning from the will-breaking that allowed them to charge tuition in the first place. (That was the same thing that allowed them to accept nonwhite students, by the way. I'm pretty sure the will also specified men, but somehow they allowed women anyway, even before they broke the will?)
Having said that, I'm not too overall impressed by President Leebron, whom I've met once or twice. I think his real priority is to get the money for a law school, which is the last thing Rice (or America) needs. Overall I feel like only the Hack and President Rupp were really putting undergraduate education first, but the other recent presidents have been pushing for growth and research and various other priorities.
Freedom = (Meaningful - Coerced) Choice != (Speech | Beer^2), and sad sock puppets' bad mods avail them naught.
Rice has a huge endowment. I think it's second highest on a per student basis. Before he died Rice was supposed to be the third richest man in America (or perhaps the world). No close relatives, so all his money went to the school (after his murderers were caught and the fake will was canceled).
Freedom = (Meaningful - Coerced) Choice != (Speech | Beer^2), and sad sock puppets' bad mods avail them naught.
I ended up getting college grants due to bad eye vision and my mothers income from the government when I went to college. Paid for everything. What is the difference?
Anonymous comments are as pathetic as the anonymous "sources" that contaminate gutless journalism from the New York Time
Your basic idea makes some sense.
I would make several changes:
1) Admit more students to any given program that you need, because some will drop out and some will choose other careers. For example, a person training to be a physicist on the government dime might graduate and suddenly have a "calling" to become a high school physics teacher and go to teaching-college on his own dime.
2) I wouldn't ban non-government-guaranteed loans to students, provided they are willing to do so at non-usurious interest rates. I doubt many commercial banks would offer loans unless the parents put up collateral, but non-profits would likely do so. If memory serves, Benjamin Franklin provided for student loans in his will. Such altruism should not be prohibited.
3) Students who don't maintain the best grades may lose their scholarships but they should not be kicked out of their programs unless they are actually flunking. A student whose family couldn't afford to send him to engineering school for four years may be able to pay for his final year if his grades slip below "excellent" after 3 years. The number of students who are expected to "stay in the program on their own dime" would be baked into the "freshman class size" calculation above.
Any such system would also have to factor in things like:
* People change careers in mid-life, so the number of people you expect to need in any given field 4, 6, or 10 years from now may change in ways you can't predict today.
* Industries change, which also messes up future-need predictions.
* People trained in one area can, upon graduation, choose a related field with relatively little additional training. This can leave graduates who are trained in the desired field competing with others who graduated in related fields. It can also leave some fields under-served if their trainees "jump ship" and want to work in a different field.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
Get a Freon education courtesy of Willis Carrier???
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
They have $5.5 Billion, assume no interest income, a student costs $60K a year for 4 years to get a Bachelor's degree. Simple math states $60K*4 years* 4000 undergrads. That comes to a whopping $9.6 Billion cost. You can't count on interest income off that 5.5 bil because interest will go to zip when the market craps out like every democrat says. So, after 3 years were back to tax payers funding the students for free. Classic Socialism at its finest failure mode. I hope their idea works but it just so happens the guy typing this paid his own tuition.
Life is in a state of dynamic equilibrium, it both blows and sucks
This is probably the first positive bit of news I've read about university policies in many years. This makes me happy, I hope more educational instutitions follow suit.