Breaking the bank at local colleges

Union College Nott Memorial

An expensive path to take.

According to a list compiled by a site called College Grotto (new to us, too), Skidmore and Union are among the 20 most expensive colleges in the nation. Skidmore's total cost weighs in at $49,266 per year (#13) and Union's at $48,552 (#19).

Of course, caveats do apply. At many schools -- and we're guessing this includes Skidmore and Union -- very few students pay full price. But even at a discount, that's still some serious coin. Just for perspective, the median household income in the US is $50,233, according to the census bureau.

Earlier on AOA: What students say about local colleges

photo: Flickr user saibotregeel

Comments

This is mind-boggling to me.
Just mind-boggling.

Sure thing, when you have tasted gas at $2 a gallon, you know are getting shafted at $4, but if you have never tasted "free" education, or "free" health care, how can you realize how much your country is in trouble?

My most expensive years in Frenchland were probably during my PhD, when I paid a whopping $200 a year for tuition. And that was a school very similar to RPI. The average tuition for public engineering school, for example, is about 300 Euros now ($380), 1000 Euros for private schools. Ranging from 30 to 250 Euros for a "regular" public university in Paris. A large amount of students get in for free based on their family situation. Student loans are granted at 0% interest rate (not that I ever met somebody in that situation).

As I result, I wasn't in debt at 24. I didn't get to use a credit card until I moved to this country at 29, and I didn't learn to buy things with the money I didn't have. My credit score was therefore untouched and I was able to get decent loans, hereby reducing my debt and living a normal life, buy a house without struggling with a third job, get a decent health care, etc.

I'm lucky. Education costs money and obviously we pay taxes in France, but after 7 years here, this feels roughly the same to me. It's your system that is rotten. Health care as well. It really kills me to see how much you guys are getting pounded without reacting, striking, marching on the streets. How much of a beating do you guys need? Jail-breaking banks is OK? Pouring billions in Irak? And you still don't move?! Get smarter! Get healthier! You are a young country, you can probably afford a nice revolution, right?

I'm a little surprised not to find St. Lawrence University on the list. The 2008-2009 comprehensive fee is $47,320.

Many private schools are seeing a large decrease in admitted students from the middle / upper-middle class. Current enrollment shows a large number of students from the lower class (scholarships, and financial aid) and a number of students from the upper class (paying full tuition). Many in the middle class have parents that earn enough income to disqualify them from financial aid but far short of the tuition cost. Therefore, many potential students are turning towards public education.

Also interesting is the recent trend among Ivy League schools to decrease tuition. Although schools such as Harvard and Yale have massive endowments, entitling them such liberty.

"Pouring billions in Irak? And you still don't move?! Get smarter!"

Get a dictionary.

Go to a state school! Cuts your loans in half and we all know it's not WHAT you know, it's WHO you know. I got my WHAT for about half of those private schools are asking and most of my private school friends are jealous of my job/salary...

> Get a dictionary.

Wake me up when you speak French.

Did I hit a nerve? Listen up freedom fry; your attitude is why most Americans cannot stand the French. The arrogant, self righteous demeanor is quite hypocritical. Let us remember whose revolution actually occurred first.

Furthermore, after living in Europe I am perfectly aware that l'Irak is french for Iraq. I am also aware of the short comings of socialized medicine. What works for small, centralized countries does not always work on a larger scale.

'Furthermore, after living in Europe I am perfectly aware that l'Irak is french for Iraq."

So Sebastien had it right (one of the few things he has ever got right). You were being a douchenozzle. Here's your cookie, and those aren't raisins. Apprécier!

As always, we're happy to see people talking, but we're going to blow the whistle on this thread.

If you'd like to talk about the cost of college or socialized medicine or whatever -- great. But if you'd like to trade insults, email us and we'd be happy to pass your address along to the other party so that you can call each other names privately.

I remember the bill for my first semester at SUNY Albany (1982) like it was yesterday.. $1,561 for tuition, room and board. I had a $1,500 scholarhip and my dad wrote a check for $61 to pay the balance.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Recently on All Over Albany

The week ahead

Here are a few things to keep in mind, look forward to, or keep busy with this week, from the weather (rough, then smooth), to... (more)

Rediscovering a Capital Region childhood

At 7:57am on Sunday, April 29, 2012, my life changed forever. My wife, Jennifer, and I welcomed a beautiful 7lb,12oz. baby boy into the world.... (more)

A quick recap of the week

Here are a few highlights from the past week on AOA: + Soapbox: a trip to the dog park got Siobhan thinking about whether dog... (more)

This week was brought to you by...

Voldemort over Loudonville, bears and copious amounts of rain. But there were also teeny tiny little burgers with goat cheese and caramelized fennel, which somehow... (more)

Albany International building in Menands under contract to developer for residential conversion

The Albany International Corp is under contract to sell its century-old facility in Menands. The company says it agreed to the contract in March and... (more)

Recent Comments

Don't give up. Our paperwork was denied, and we contested their findings. We took detailed photos of the properties the city used as comps explaining why they were worth more than our house, and found truly relevant comps. Eventually a mediator (judge?) sat in a small conference room with us and we won. See? you can fight City Hall.

Lark Street, 35 years ago

...has 23 comments, most recently from Faun

Rediscovering a Capital Region childhood

...has 5 comments, most recently from Mason

Albany International building in Menands under contract to developer for residential conversion

...has 7 comments, most recently from Terrence

Most popular baby names New York 2011

...has 5 comments, most recently from Miss Blankenship

Dogs and their people

...has 11 comments, most recently from Stasia