jerseyshorejohnny
Well-known member
http://www.google.com/gwt/x?u=http%3A%2F%2Fwww.smartmoney.com/borrow/student-loans/6-colleges-cutting-tuition-1328828632715/%3Flink%3DSM_hp_ls4e&wsi=d1b1ccffee2a9aa6&ei=Tn81T-rXNp3yxALT-Khf&wsc=bf
6 Colleges Lowering Tuition Including Seton Hall
- Thread starter jerseyshorejohnny
- Start date
beast of the east
Active member
St John's stated tuition is like a suggested retail price. 95% of SJU students do not pay full boat tuition and receive scholarship or financial aid.
In the Northeast idiot parents (like us) treat undergraduate entrance as some sort of recognition of their own intellect and success. My son _________ goes to ____________, a great school.
Colleges have been raising tuition at the rate of 8% per year, far outpacing inflation. One reason is bloated infrastructures - about twice as much administration at 20 years ago. The second reason they charge so much is that the demand was there. Now with a downturned economy, no jobs for new college grads, many kids are opting for state schools, and some private schools are hurting in terms of enrollment.
Wall street executives continue to make big dollars, and SJU has been the beneficiary of some huge earners dropping 7 and 8 figure donations on the school. The $280 million capital campaign is bolstered by the PResident's Dinner, which sets a record each year (even in this downturned economy with about $2 million plus raised. We've benefitted from us being a stones throw from Wall Street and having some very successful alumni there.
With board, books, and other expenses (like study abroad) my estimate is that a private college costs about $60,000 per year when all is said and done. How many families with three kids can save nearly 3/4 of a million dollars for college?
In the Northeast idiot parents (like us) treat undergraduate entrance as some sort of recognition of their own intellect and success. My son _________ goes to ____________, a great school.
Colleges have been raising tuition at the rate of 8% per year, far outpacing inflation. One reason is bloated infrastructures - about twice as much administration at 20 years ago. The second reason they charge so much is that the demand was there. Now with a downturned economy, no jobs for new college grads, many kids are opting for state schools, and some private schools are hurting in terms of enrollment.
Wall street executives continue to make big dollars, and SJU has been the beneficiary of some huge earners dropping 7 and 8 figure donations on the school. The $280 million capital campaign is bolstered by the PResident's Dinner, which sets a record each year (even in this downturned economy with about $2 million plus raised. We've benefitted from us being a stones throw from Wall Street and having some very successful alumni there.
With board, books, and other expenses (like study abroad) my estimate is that a private college costs about $60,000 per year when all is said and done. How many families with three kids can save nearly 3/4 of a million dollars for college?
Class of 72
Active member
A good marketing tool to get more elite students without giving them a scholarship.