Regents Approve Tuition Increases

[CloneAggie]

There are a few major questions that need to be answered in all of this...

1. Are college students getting a better education to coincide with all of the tuition hikes they face during their time in college?

Currently the answers are...

1. The average amount of money spent per student currently is at the same level it was at in 2002. So to answer the question... students are currently spending more and getting less for their money. That is a problem.

For FY ending June 30, 2010, operating expenses were $910.7M with Fall 2009 enrollment of 27,945. This is about $32,600 per student.

For FY ending June 30, 2002, operating expenses were $677.4M with Fall 2001 enrollment of 27,823. This is about $24,300 per student.

If we adjust for inflation, $24,300 in 2002 is equivalent to about $29,500 in 2010.

http://www.controller.iastate.edu/fa...l%20report.htm

[Bobber]

Looks like we're clearly in the middle of the pack from a cost standpoint.

Tuition and Fees Chart - Wisconsin 2010-2011

Purdue University - Tuition & Fees

U of I Admissions: Freshman Tuition & Fees

http://onestop.umn.edu/pdf/tuition_2010-11.p

UNL | Admissions | Estimated Tuition & Other Costs

Fees - Spring 2011 - MU Office of Cashiers

http://www.financialaid.iastate.edu/...attendance.php

[Three4Cy]

State schools are still a tremendous value(if you don't think so try a decent private). If you want to really save money go to a Community College for two years and then transfer in(that's what I'd do if we're doing it again).

Nobody likes this, but the fact of the matter is, you're going to cut the quality of oru schools if these things don't happen.

https://go.dmacc.edu/prospectivestud...omparison.aspx

[tm3308]

They have a 5.78 BILLION dollar endowment, they can afford to roll out the red carpet to recruit students, especially from out of state. Offering scholarships is directly related to the endowment, the more money, the more you can give. ISU has a 600 million dollar endowment. You want more money for scholarships, open up your pocketbook and donate.

Indiana University Foundation - IU's Endowment Value Ranks 13th in the Nation

University of Iowa Foundation endowment tops $1B - KWWL.com - News & Weather for Waterloo, Dubuque, Cedar Rapids & Iowa City, Iowa |

Why they're able to roll out the red carpet is irrelevant. The only thing that matters is that they can and do. The Iowa schools don't do that, which makes the true cost of attendance much higher than the list price.

[Cyclonestate78]

For FY ending June 30, 2010, operating expenses were $910.7M with Fall 2009 enrollment of 27,945. This is about $32,600 per student.

For FY ending June 30, 2002, operating expenses were $677.4M with Fall 2001 enrollment of 27,823. This is about $24,300 per student.

If we adjust for inflation, $24,300 in 2002 is equivalent to about $29,500 in 2010.

Financial Report

This isn't just an ISU issue. It is a nationwide issue. This is from an article in US News and World Reports from January 2009....

• Big private universities, powered by tuition and endowment increases, have increased spending dramatically while public schools have languished. Total educational spending per student at private research universities has jumped by almost 10 percent since 2002 to more than $33,000. During that same period, public university total spending was comparatively flat and totaled less than $14,000 a year.

In essence the amount public universities are spending per student on average has leveled off while tuition continues to climb. That is eventually going to be a big problem.

[Bobber]

This isn't just an ISU issue. It is a nationwide issue. This is from an article in US News and World Reports from January 2009....

• Big private universities, powered by tuition and endowment increases, have increased spending dramatically while public schools have languished. Total educational spending per student at private research universities has jumped by almost 10 percent since 2002 to more than $33,000. During that same period, public university total spending was comparatively flat and totaled less than $14,000 a year.

In essence the amount public universities are spending per student on average has leveled off while tuition continues to climb. That is eventually going to be a big problem.

With tutitions like this, they should be able to spend more on students.

U.S. Students Tuition and Financial Aid - Admission | Grinnell College

University of Chicago Tuition, Costs and Financial Aid - CollegeData College Profile

Tuition & Fees - College Prep Program at Northwestern University

College Search - Duke University - Duke - Cost & Financial Aid

[CloneAggie]

This isn't just an ISU issue. It is a nationwide issue. This is from an article in US News and World Reports from January 2009....

• Big private universities, powered by tuition and endowment increases, have increased spending dramatically while public schools have languished. Total educational spending per student at private research universities has jumped by almost 10 percent since 2002 to more than $33,000. During that same period, public university total spending was comparatively flat and totaled less than $14,000 a year.

In essence the amount public universities are spending per student on average has leveled off while tuition continues to climb. That is eventually going to be a big problem.

From 2003 to 2008, public research institutions' educational spending increased 9.8%, while private research institutions' educational spending increased 11.8%.
http://www.deltacostproject.org/reso...ding-98-08.pdf