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RE: NYTimes.com: College May Become Unaffordable for Most in U.S.
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- Subject: RE: NYTimes.com: College May Become Unaffordable for Most in U.S.
- From: "B.G. Sloan" <firstname.lastname@example.org>
- Date: Mon, 8 Dec 2008 17:00:54 EST
- Reply-to: email@example.com
- Sender: firstname.lastname@example.org
It's interesting how tuition and fees can account for a surprisingly small percentage of a university's income. The University of Illinois, for example, gets only 15-16% of its income from tuition and fees. Even more interestingly for a state university, the state of Illinois only supplies about 30% of the UI's income. Bernie Sloan Sora Associates Bloomington, IN --- On Fri, 12/5/08, Jim Jordan <email@example.com> wrote: > From: Jim Jordan <firstname.lastname@example.org> > Subject: RE: NYTimes.com: College May Become Unaffordable for Most in U.S. > To: email@example.com > Date: Friday, December 5, 2008, 4:51 PM > > A painful observation but I question the conclusion. With some > university departments relying on endowment income for up to > 50% of their operating costs, I'd say the deeper hits are > elsewhere. Academic publishers on the average have gotten by > for many years on 10% or less of their operating costs coming > from university subsidies or endowment income. > > It won't be easy for any of us. > > James D. Jordan > President and Director > Columbia University Press > New York, NY 10025 > > > -----Original Message----- > From: firstname.lastname@example.org > [mailto:email@example.com] On Behalf Of > Thomas Krichel > Sent: Thursday, December 04, 2008 3:50 PM > To: firstname.lastname@example.org > Subject: Re: NYTimes.com: College May Become Unaffordable > for Most in U.S. > > email@example.com writes > >> EDUCATION | December 03, 2008 >> College May Become Unaffordable for Most in U.S. >> By TAMAR LEWIN >> >> Tuition and fees increased 439 percent from 1982 to 2007, >> while median family income rose 147 percent. > > After the stock market bubble, the housing bubble, this is the > next bubble to burst. Colleges will have to cut cost, and > libraries (and the academic publishing sector), will be among > the hardest hit. > > Cheers, > > Thomas Krichel > http://openlib.org/home/krichel > > RePEc:per:1965-06-05:thomas_krichel > skype: > thomaskrichel
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