American universities represent declining value for money to their students
These national level stories always strike me as both interesting and, at some
level, less relevant to our context. The article states that the average debt
load for a graduate is some $26,000. Tuition at the major institutions
(Westminster, perhaps, excepted) is roughly $20k for four years. It seems that
most students within the State should be able to graduate with very little debt
thereby increasing the return on their investment.
Half (about two million students) of college students, are in need of remedial
classes---Yahoo news May 2012. We spend an average of twelve
thousand dollars a year, per K-12 student.About 200,000 college
students come from foreign countries, and they paying tuition are keeping our
colleges going--USA Today.Tuition has increased partly, because
three billion dollars are needed for remedial classes, and what we pay for
public schools K-12.We need to rid ourselves of standardized
testing, and all the expenses which come with it. Education is destroying our
economy, and can be improved with less funding.