- Facebook256
- Threads
- Bluesky
- Total 256
Imagine a college with 1,000 undergraduate students. If they all take eight seminars a year, if every class enrolls 20 students, and if each professor has a very manageable teaching load of five courses per year, the 1,000 students need 80 faculty members. If those 80 professors are paid, on average, the national median for an associate professor in the social sciences ($60,064) plus benefits ($20,028), then the total faculty payroll will cost $6,407,360. That comes to $6,407.36 per student per year.
Private colleges and universities are now charging almost eight times as much for a year’s education. Why?
- Their usual bill includes room and board and various services, such as health plans and career counseling, as well as courses.
- Universities are buildings, labs, lawns, stadiums, and admissions offices as well as courses and teachers.
- Lots of people work at colleges beside professors. As I wrote here, “Harvard, for example, employs 5,102 “administrative and professional” staff (excluding clerical and technical workers and those in “service and trades”). Harvard has 112 full-time professional and administrative workers in its athletics department alone. This compares to 911 tenured faculty (or 2,163 total faculty).
When I suggested creating a “no frills” college from scratch, various friends who work in student affairs, community engagement centers, and other parts of universities wrote privately to ask if I was disparaging their contributions. I would not want to do that. Many adults who work at colleges and universities educate as much and better than many faculty. The distinction isn’t even important to me. But if 80 professors could teach 1,000 students in small classes, then I think 100 educators (including some deans, coaches, counselors, co-curricular leaders, etc.) could serve a student body of 1,000. Even if those educators were paid $60,000 each plus benefits, the per-student cost would still be about $8,000.
I recognize that rent must be paid, lights lit, and diplomas printed. But would it not be possible to build a private, non-profit college whose base tuition was $10,000, whose curriculum was entirely devoted to seminars and labs, and which could employ students on financial aid to perform a substantial portion of its work?
Ah, the economcics are even stranger at elite elementary schools. My wife taught kindgarten in NYC at a private school where her salary was less than the tuitions of just two students. Where did the rest of the money go???
Pingback: Links for November 8, 2011 | KevinBondelli.com: Youth Vote, Technology, Politics
Oddly to me $10k per year for undergrad still seems rather expensive. From 1996-2000 my parents paid an average of $4500 of annual tuition (called fees back then) for my undergrad education at UCI. According to the inflation calculator (http://www.bls.gov/data/inflation_calculator.htm) that would be worth just under $6300 in today’s dollars. I guess $6300 for a public education vs. $10k for private is a more reasonable comparison (and easier to swallow) than the reality of the situation. For comparison’s sake, UCI’s 2011-2012 tuition for an in-state student is about $14k while USC’s tuition for 2011-2012 is about $20k.
I agree the price is two high. But I think two factors driving the increase over time are: 1) very substantial cuts in state funding, and 2) the Baumol effect: http://en.wikipedia.org/wiki/Baumol%27s_cost_disease
Pingback: decoding the college tuition sticker price « Peter Levine