University of Rochester announced what it will cost undergraduates to attend next academic year. Tuition, room and board will be $59,788. That’s a 60 percent jump over the cost to attend 10 years ago. If UR had pegged tuition to inflation, tuition, room and board would be more like $46,000 today.
Apparently, UR is consciously slowing the rate of increases. Tuition is going up 3.5 percent at UR. Last year’s 3.9 percent hike was touted as the lowest in a decade. This follows a trend nationwide among private and public colleges.
The College Board reports only about one-third of students pay the full price, with no financial aid. The College report expressed concern government aid is not keeping up with increases in prices for many students. What’s more, when adjusted for inflation, family incomes have declined over the past decade.
Despite the tremendous cost, students and families are still making the college investment, even if it means going into steep debt. The payoff for having a college degree is still there. Pew Research found college graduates between the ages of 25 and 32 earn $17,500 more than those with only a high school degree.
@rachbarnhart I'd better start selling my selfies now if I want to pay for that, that's crazy!
— Chaz Rorick (@ChazRor) March 23, 2014
Links of the Day:
– The Democrat and Chronicle did a great story on the madness of busing kids to school, all in the name of “school choice.” The process is futile, because virtually all of the schools have high concentrations of poverty. Furthermore, parents are now using school choice as a means to prevent their children from having to walk to school. All of this is costing taxpayers millions and millions of dollars, while polluting the air and costing children precious time they could use for studying, play and activities. Parents also can’t make it into school for conferences and other events.
(I walked to School #7 with every other kid in the neighborhood. We walked by ourselves through rain, sleet and snow. It was a great experience.)
– I’m guessing this is what we can expect from the Seneca Nation in Monroe County: A “middling casino” like the one they built in Buffalo that doesn’t live up to its promises.
– Police store data from license plate scanners, including your whereabouts. An Onondaga Sheriff’s deputy said, “I can see how it would be creepy…”
– Are dog parks safe for dogs? A Syracuse woman’s dog was killed.
– The Syracuse University basketball team is worth $21 million, up 10 percent over last year.
– When streets had life. Remembering Rochester’s Front Street.