Any ideas on how they got to over $50,000? Well at least we are still close to the cheapest.
1. Facts do not support the talking points that somehow St.John's gives substantially greater financial aid than the other Catholic colleges. I will be pleased to provide data if anyone challenges this statement.
2. St.John's and the dwindling number of apologists for the St.John's Administration cannot spin the fact that the average indebtedness of its graduates is a whopping $29,199. Not to be lost in the discussion is the fact that an embarrassingly high 41% of St.john's students fail to graduate within 6 years. Pity the student that was admitted to St.John's who borrowed substantial sums but lacked the finances to finish, or the student that lacked the academic skills to ever graduate.
3. The cold hard reality is that the business model which St.John's has adopted requires St.John's to admit 2,800 freshman each year to generate the required revenue.
1. Facts do not support the talking points that somehow St.John's gives substantially greater financial aid than the other Catholic colleges. I will be pleased to provide data if anyone challenges this statement.
2. St.John's and the dwindling number of apologists for the St.John's Administration cannot spin the fact that the average indebtedness of its graduates is a whopping $29,199. Not to be lost in the discussion is the fact that an embarrassingly high 41% of St.john's students fail to graduate within 6 years. Pity the student that was admitted to St.John's who borrowed substantial sums but lacked the finances to finish, or the student that lacked the academic skills to ever graduate.
3. The cold hard reality is that the business model which St.John's has adopted requires St.John's to admit 2,800 freshman each year to generate the required revenue.
Otis, could you provide a link to these numbers. I'm not representing SJU generosity to be fact, but the school does represent this to be true. I'm not sure I understand how $29,199 of indebtedness for an education that with room and board costs $200,000 is a whopping number. Where does the difference come from if half of SJU's student body comes from families with incomes of $50K or less?
The six year graduation rate is appalling. I'd love to see those numbers split out by Pell eligible vs. non-Pell eligible students. Are they available? They must be kept somewhere. I wonder if Pell grants are extended beyond 4 years. Also if students are staying more than 4 years, why only $29K in indebtedness. something doesn't add up. Could you clarify?
........ Otis, could you provide a link to these numbers.
........ Otis, could you provide a link to these numbers.
Beast,
The the cite for the numbers I provide in this and other posts are generally taken from information provided by The College Board. I have included the link to St.John's information which The College Board provides.
Please understand that the spin by the dwindling number of apologists for the St. John's Administration that asks you to believe the tale that St.John's offers among the most generous financial aid is disproved by the below numbers which shows that despite the fact that St.John's is located in the city with perhaps the highest cost of living that St.John's average 1st year financial aid package is in the middle of the groupings for the schools in the Big East Conference.
School.......................Average 1st year financial package.........Grad rate w/in 6 years.......... SAT scores
Xavier ...............................$19,115................................................78%......................... 500to 600/ 500 to 600
DePaul................................$21,917................................................68%..........................530 to 640/ 510 to 630
Marquette ..........................$22,661.................................................80%..........................520 to 630/ 550 to 650
Butler .................................$23,604 ................................................73%..........................530 to 630/ 540 to 650
St.John's.....................$27,145......................................59%....................480 to 590/ 490 to 620
Providence...........................$28,357..................................................87%...........................520 to 630/ 530 to 640
Creighton.............................$29,251..................................................75%............................530 to 630/ 540 to 660
Villanova..............................$33,168..................................................88%..........................590 to 680/ 610 to 710
Georgetown..........................$34,238...............................................not reported.............650 to 750/ 660 to 750
Seton Hall.........................not reported.............................................not reported ..................not reported...................
LINK:
Beast:
I appreciate your attempt to disprove facts by offering your opinions and anecdotal evidence to advance the worn tale that St.John's University offers the top financial assistance to its students but the reality is that facts, not opinion, disprove your position. In my above post I demonstrated that even among the members of the Big East, St.John's falls "average 1st year financial package" somewhere in the middle of the pack.
Facts are a stubborn thing and unless you can offer facts (not opinion) to support your opinions to disprove the facts provided by The College Board then your spin fails.
Below are some additional eastern Catholic and private national/ regional universities which again prove that St.John's "average 1st year financial package" fall somewhere in the middle.
St. Joe's Philly ............$24,005
Catholic ......................$25,263
St.John's ..............$27,145
Fordham .....................$27,856
Holy Cross ...................$33,492
Boston College ...........$34,302
Syracuse University ....$35,120
What part of the word "average" as used by The College Board in the phrase "average 1st year financial package" do you believe is ambiguous?.