Tuition Up 9% in Georgia, But Only If You Do Math. Or Read.

April 19, 2011 14:59 pm

by Mike Hassinger · 17 comments

Regents Approve Three Percent Tuition Increase For Fall 2011” says the press release. A mere 3%? Parents everywhere are no doubt breathing a sigh of relief! Media outlets across the state are dutifully playing up the “minor” increase in tuition costs at Georgia’s colleges and universities.

The release also announced the end of the “uncertainty surrounding tuition at the University System of Georgia colleges and universities this fall…” And that’s where the spin begins. There’s never any “uncertainty” about tuition. It’s going up. The only uncertainty is whether it goes up by single digits or double digits.

This year, it’s single digits -but not the measly 3% in the headlines. According to the University System:

The combined tuition and special institutional fee actions result in a weighted average increase of nine percent for all University System students.”

So it now costs 9% more to attend college in Georgia than it did last year. And remember that 90% that the HOPE scholarship was going to pay? It’s now down to 87.4% of the new tuition rates.

Higher education bubble, anyone?

Toxic Avenger April 19, 2011 at 3:43 pm

Hey there folks. Me here, good to see ya. It’s always nice when people like my better half are struggling to pay the tuition they already have. But at least she has HOPE, right? Oh wait, that changed? Damn, well she’s like 3 years in, so she can, like, be grandfathered in, yeah? No AGAIN? Wow I’m doing bad at this quiz show I just created. Oh, wait, there’s more? Her tuition is going up AGAIN, but the BoR doesn’t have the balls to tell her in advance so that she might have even the slightest chance of planning ahead? Oh, and they also don’t have the chutzpah to tell her that her fees (NOT TAXES PEOPLE THOSE ARE DIFFERENT, GAWD) are going to skyrocket as well? So she’s going to have to pay 10% more based off of the BoR increase, and then ANOTHER 10% increase because she evidently was supposed to read the future (and her advisors effed her into taking hard classes she never needed?!)

Oh, this is rich.

Goldwater Conservative April 19, 2011 at 4:07 pm

Well…that is the GOP’s war on academia and the intellectual class.

Want some math to do? Try applying that garbage 200 year old free market model to this situation. The math does not add up. Enrollment is increasing, marginally. Costs are increasing significantly. So…the quality of the college education received by USG students must be making the costs increase? Nope.

I wonder…is there any other way for the GAGOP to scare business out of this state?

seenbetrdayz April 19, 2011 at 4:12 pm

Not meaning to threadjack or anything, but I see another thread on tuition in the ‘recent comments’ list but followed the link and got a 404 error. Was it removed or something?

View from Brookhaven April 19, 2011 at 5:13 pm

I think that was the one where Buzz was sounding old and crotchety.

Buzz Brockway April 19, 2011 at 5:19 pm

Heh.

Yes, double posts and I thought Mike’s was better.

saltycracker April 19, 2011 at 5:39 pm

Universities On The Brink
Louis E. Lataif, 02.01.11, 01:30 PM EST
The ever-increasing cost of education is not sustainable.

Higher education in America, historically the envy of the world, is rapidly growing out of reach. For the past quarter-century, the cost of higher education has grown 440%, according to the National Center for Public Policy and Education, nearly four times the rate of inflation and double the rate of health care cost increases. The cost increases have occurred at both public and private colleges.

Like many situations too good to be true–like the dot-com boom, the Enron bubble, the housing boom or the health care cost explosion–the ever-increasing cost of university education is not sustainable.

Just 10 years ago the cost of a four-year public college education amounted to 18% of the annual income of middle-income families. Ten years later, it amounted to 25% of that family’s average annual income. The cost of attending a private university is about double the cost of public universities. Think of higher education as the proverbial frog in boiling water. It feels very warm and comfy but soon will be cooked.

Former President Bill Clinton has been speaking out, and President Barack Obama in his 2010 State of the Union address said, “It’s time for colleges and universities to get serious about cutting their own costs, because they too have responsibility to help solve this problem.” The camel’s nose is in the tent.

We’re seeing articles with headlines like: “The End of Higher Education Enrollment as we Know It”; “Is College Worth the Investment?”; “Will Higher Education be the Next Bubble to Burst?”; and “Drowning in Debt: The Emerging Student Loan Crisis.”

Over the past 14 years the average debt for a graduating college student has doubled. Today the loan obligation of graduating seniors is more than $20,000 for public university grads and more than $27,000 for graduates of private universities. More than two-thirds of all college graduates have student loan obligations. The number of graduates in debt increased by 27% over just the past five years. And, not surprisingly, the default rate has grown each year. In June of last year student loan debt reached $830 billion, surpassing credit card debt in America.

Full Story:

http://www.forbes.com/2011/02/01/college-education-bubble-opinions-contributors-louis-lataif.html

SOGTP April 20, 2011 at 6:31 am

Higher education is in a bubble. When you subsidize anything you get more of it. You get more houses when you subsidize the housing market with lower interest rates and government pressure for banks to lend. At some point the malinvestment will come to a screeching halt and the market will adjust by driving prices down.

Thus when you subsidize education with HOPE scholarships and government loans you get more of it. At some point the malinvestment will come to a screeching halt. Graduating students that think it is their right to get a $100K per year job will move back home to mommy. Tuition hikes will indebt students who should never have been in university the first place.

In the past scholarships were given by institutions of higher learning with donations from alumni. These dollars were reserved for “scholars” not the standard “hey dude” that stays in school for Spring Break in Ft. Lauderdale. People also worked and paid for their own school without taking out enormous amounts of debt.

As long as gub’mint promises money to institutions of higher learning the regents will continue to raise tuition, because they know the politicians will never deny that higher tuition to the so called “needy” poor student.

Again, gub’mint is ruining real university education to deserving students because of its meddling.

Rambler1414 April 20, 2011 at 7:55 am

It’s long past time that we end the false promise that in order to be “successful” in life you have to go to college. College = success? Wrong.

We (as a country) have not done a good enough job in identifying high schoolers that just aren’t college material and guiding them towards one of a thousand important careers that don’t require a college degree. The proliferation of community colleges/Junior colleges/Online Degrees charging an arm and a leg for a piece of paper that doesn’t really mean anything supports this theory.

Ed April 20, 2011 at 9:07 am

If you have to do math or read, does that mean UGA’s tuition will remain flat, while Tech’s and GSU’s goes up?

Ed April 20, 2011 at 9:08 am

Oh no he didn’t!

Max Power April 20, 2011 at 12:20 pm

The reason tuition keeps going up and the reason HOPE went broke is because the Georgia legislature has consistently refused to adequately fund higher education. In 1990 just a couple of years after I started college Georgia spent just over $200 per capita on higher education by 2009 that figure had increased to just under $280 per capita.

Now schools share some of the blame. Many engaged in ill-conceived expansions but the primary problem remains one of appropriations.

Now HOPE let them cheat a bit because mitigated the tuition increases for many. But now that’s over and I hope we will see the citizens of this stated demand proper funding for higher education.

SOGTP April 20, 2011 at 2:13 pm

@Max. Who said and when is that a person is born to subsidize the education of others with their hard earned tax money. It is not the business of State government to re distribute money from hard working families to others. If you want tuition to come down, make people pay without government loans or scholarships.

Harry April 20, 2011 at 2:26 pm

Dittoes. And I say that with two high school students and a college student.

Ambernappe April 20, 2011 at 7:36 pm

A real exercise in discipline as many words are condensed to a few. Why in the world would anyone assume that the State is obligated for post-secondary education? Study hard to qualify for grants and scholarships; investigate apprentice programs; take entry level jobs to take advantage of employer assisted tuition programs. And anyone who requires remedial math and English does not belong in a college or university. A comparison of State per student support is non-information. There are many excellent vocational schools, offering certification in a myriad of disciplines.

Lady Thinker April 24, 2011 at 4:10 pm

And anyone who requires remedial math and English does not belong in a college or university.

This is where high school is failing the students. Many students do not understand the basic principles of the core subjects like English and math and therein the problem lies. The k-12 curriculum is inadequate and that is why Georgia is consistently low in educational statistics.

Max Power April 21, 2011 at 8:57 am

When you live in a society you agree to play by that society’s rules. That universal education is something that benefits all, so our tax dollars fund public schools. Likewise, for years there has been a consensus that the more people who complete post-secondary education, the more prosperous they are. The median earnings of full-time workers with bachelor’s degrees was more than $55,000 in 2008 — $21,000 more than those of workers who finished only high school. Having more people doing well is certainly in the interest of the state.

As to the idea of redistribution, the sole business of the state is redistribution, the only fights come from where does the money come from and where does the money go.

Bill30097 April 24, 2011 at 7:07 pm

Now 3% more overpriced

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