Why are prestigious colleges/universities so expensive?

Question

I mean, $35,000 a year for college is ridiculous. What does all that money go to anyway?

Answer 1

Empire and legacy building. You certainly don't get what you pay for if you're foolish enough to pay over $150,000 for a four year diploma. There is no good reason for the exorbitant cost. Yet suckers continue to willingly fork it over. Look at the rejection rates at these schools and figure out how much they rake in in application fees alone. Suckers.

Answer 2

People really are just paying for labels. I mean, it's just like buying jeans for $200 when you can buy them for $20-40 somewhere else. You're just being ripped off.

The same goes with education. You really don't want to be ripped off..


For example, the average tuition for the University of Southern California (USC), a private college, is $33,314. For the University of California, Los Angeles (UCLA) it is $24,825.
But when you add dorm costs, and textbook/supply costs, it can easily be over $35,000 and $25,000.

Yes it is ridiculous. I know someone who chose to go to USC instead of UCLA because USC is famous in terms of it's football team--the Trojans or whatever. Even though UCLA is ranked *way* higher than USC.

Answer 3

students do get into the main ballet schools for the sixth form if they haven't been to a full time school before but it is not easy. there are a lot of 6th form dance colleges that are easier to get into but it is still hard to get funding. o get into a ballet school, you would have to be doing at least two hours of ballet six days a week by now. the most talented dancers here get government funding but if you don't get this they a all very expensive. maybe you could look at one of the Centres for Advanced Training (CAT) schemes or an associate programme such as royal ballet associates. Tring also offer associate classes. I would start by talking to your dance teacher as she will know what your main strengths are and how likely you would be to get funding for one of the schools. Good luck!

Answer 4

I know a lot of high level professionals. VIrtually all of them are insistent that their kids go to the very best school they can get into. I guess these guys are all just hungry for prestige, eh? Probably they are stupid and the colleges have just fooled them into thinking that an education is worth something!

Either that, or they have noticed that it really does make a difference whether you go to a top school with great facilities, great profs, small classes, and classmates who are dedicated, smart and hardworking.

Naaaah ! Forget it, that couldnt be it.

Answer 5

Its a lot of money, that's why many people work for scholarships.. The money as far as I know goes to the staff and faculty, and the scholarships are out of donations.. One could think though, that the money, if used correctly, goes to a fine investment for one's future.. I'm going to try for Yale in the next 2 years, and I'll have to have money for it, but the reputation of the teachers and the school are known throughout the world, and that's very helpful for anyone's career and life possibilities..

Answer 6

That is ridiculous. Know that you are not paying for an education..you are paying for the NAME of the college. Their degrees are not any better than anyone else's. True, they have expenses to pay and help to pay but it doesn't cost nearly as much as everyone thinks.

Answer 7

Staff like excellent professors and research facilities, keeping up the grounds, scholarships, letting in the less than brilliant children of the alumni to give the place a name.

Answer 8

Well there are two reasons:

1. High quality education costs
2. Your government does not pays for your education

There are other more civilized countries in the world ( In Europe for instance) that people get high quality education paid by the state.

Answer 9

All that money is blown away to the founders/owners and we gotta pay that ridiculous amount so that they can use it to clean their ****