I just heard on the radio that tuition at my Alma Mater just went up to $2,200 per semester.
When I was a student last week,
I paid $197.00 per semester for out of state tuition.
What happened?
I canāt tell you much about the cost of classroom teaching, but Iāve learned a lot about campus housing in the last six months. My company will be opening the first privately owned and managed student housing facility in Connecticut this fall. We tried very hard to match the features and technology offered in the state university systems residences and worked very closely with the local university in designing our systems.
The access control system alone contains 100% redundancy of wiring and costs somewhere in the neighborhood of $4,500 per door. In addition to that, there are camera and fire systems adding another $5-10K per room. The whole place needs to be wired for a CAT6 network - Tens of thousands of dollars in wire and labor. Students demand telephone service broadband better than the best DSL or Cable modems. Cost $1K per room (per year). Furnishings cost an average of $5K per room with a 5-10 year lifetime. Add to this personnel to maintain and manage the housing and it gets darn expensive fast.
My youngest is 16. This summer Iāll make the last payment on the loan I took to help my oldest. Just in time to go deeper into debt to try and help the youngest 
JR
The daughterās education was paid for by herself and we provided housing, food and other help. She got a good job at a hospital and they are paying for the rest of her education. The boy started his secondary education at the University of Camp Pendelton with an apprenticeship/ojt in the Mid East. Uncle Sam and the State of Illinois paid for the rest. Both got good educations and live family oriented Christian lives. I hope they raise our grandkids the same way.
It cost a bunch to get my two sons through collegeā¦The youngest graduated 3 years agoā¦I then started having money for trains again. And yes the frills add up the costs rapidly.
Jon,
Know the feeling, oldest son has been going part time to college for about 6 years know while heās been working parttime as well. Just last wek he has landed a full time job that will now allow him to pay for his own schooling as my youngest son is set to start his college time this coming August. Heād like to major in journalism so he narrowed the schools down based on their program. We live in Michigan only one hour away from Bowling Green University where my son would have liked to have attended - problem=$$$$. Tuition to attend BGSU for an Ohio resident was HIGHER than if a Michigan resident wanted to attend U of M! Throw in the āout of stateā charges and BGSU was out of the question so he will attend Central Michigan University (about 2 hours north of us) which has a very highly rated journalism program, just doesnāt have a college hockey team to write about. Tuition, books, room & board = very little $$$ left for dadās trains! Itās worth it, oldest daughter is an RN working in Indianapolis making more money than her father does!
Just look at it this wayā¦college is a bar with a $20,000-25,000 cover chargeā¦
Steve Featherkile said:Only $2,200? That's cheap! That was my in-state tuition at University of MD 18 years ago. Then I transfered to Colorado State, where I no longer qualified for "in-state." This year's out-of-state tuition there is $8,200. In-state tuition is $3,200 per semester.
I just heard on the radio that tuition at my Alma Mater just went up to $2,200 per semester.
Iām ever so glad that granddad and grandmom have started Suziās college fund already.
Fredātell your son I wish him luck, but not to expect such lucrative returns. Journalism isnāt exactly the gateway into the world of high finance. I started off making $10/hour out of college at a medium-market TV station, and was considered well paid. Itās definitely one of those āfor the love of the craftā fields.
Later,
K
Kevin,
Yea, I told Tim to get at least a minor in accounting/business account journalism field not the most lucrative. Heās real good in accounting, made it to the state finals, but doesnāt really enjoy it - rather write, espicially on hockey!