BOT met yesterday, any moles on this board.

[Deadbolt]

Wake does give something like 1/3rd of tuition costs back in grants, so those numbers are pretty misleading. I mean the cost of WFU was something like $100-120k and I walked outta there with about $30k in a debt and my parents paid about $2k/year.

Plenty of parents of 18-year old females will still gladly pay dearly for the slut-shaming #culture that lil-ole WFU provides.

Count down the days until someone in Washington gets it in their head that colleges have to be more clear on what they're actually charging kids to attend. That day is coming.

 

[cville deac]

Count down the days until someone in Washington gets it in their head that colleges have to be more clear on what they're actually charging kids to attend. That day is coming.

Yeah, that bill is gonna get passed by the House.

 

[Buttermaker]

http://www.news-record.com/news/article_7bcffcce-8b73-11e3-83d1-001a4bcf6878.html

WINSTON-SALEM — The board of trustees at Wake Forest University approved Friday raising undergraduate student tuition by 3.25 percent to $45,638 for the 2014-15 academic year.
The trustees said the tuition increase is the smallest by percentage in more than 30 years, and the fifth consecutive academic year the increase has been below 4 percent.
Counting increases in room, board and other fees, the overall 2014-15 cost of attendance is projected to increase 3.8 percent to $ 62,538 . That would put the cost of attending Wake Forest at $250,152 over four years at the 2014-15 rate.
“Preserving our tradition as a place of opportunity is very important to Wake Forest,” university President Nathan Hatch said in a statement.

yeah, for Wall Street bankers' kids.

 

[awaken]

About the only thing that has outpaced health care costs in the last 20-30 years is education. And that is saying something.

And to hear that our profs are still underpaid - that was the excuse for the increases while I was there in the late 80's! I don't blame to faculty to being angry. With smaller class sizes, they teach more and interact more with students individually than most schools, and that should be reflected in their pay.

If Wellman's seat is warm, then wouldn't it be beneficial for a new basektball coach (and bad for Clawson) if we got a new AD to make the next hire?

 

[DeaconSig]

About the only thing that has outpaced health care costs in the last 20-30 years is education. And that is saying something.

And to hear that our profs are still underpaid - that was the excuse for the increases while I was there in the late 80's! I don't blame to faculty to being angry. With smaller class sizes, they teach more and interact more with students individually than most schools, and that should be reflected in their pay.

If Wellman's seat is warm, then wouldn't it be beneficial for a new basektball coach (and bad for Clawson) if we got a new AD to make the next hire?

Can't get a new AD and then a new coach this year. Not enough time.

 

[dartsndeacs]

Can't get a new AD and then a new coach this year. Not enough time.

You sure as shit can outsource the selection of a new coach, however.

 

[bym051d]

Why have college costs risen so much? They're not spending it on profs. Is it general admin bloat?

 

[iodeac]

As upset as I may be about Wake Forest athletics, this is what really breaks my heart. I have had to tell my children that the education at Wake is not worth the price. Go someplace less expensive for undergraduate and spend the money on graduate school.

So true. Attending Wake is cost prohibitive compared to the value of the degree

Sent from my SGH-T999 using Tapatalk

 

[PhDeac]

http://www.news-record.com/news/article_7bcffcce-8b73-11e3-83d1-001a4bcf6878.html

WINSTON-SALEM — The board of trustees at Wake Forest University approved Friday raising undergraduate student tuition by 3.25 percent to $45,638 for the 2014-15 academic year.
The trustees said the tuition increase is the smallest by percentage in more than 30 years, and the fifth consecutive academic year the increase has been below 4 percent.
Counting increases in room, board and other fees, the overall 2014-15 cost of attendance is projected to increase 3.8 percent to $ 62,538 . That would put the cost of attending Wake Forest at $250,152 over four years at the 2014-15 rate.
“Preserving our tradition as a place of opportunity is very important to Wake Forest,” university President Nathan Hatch said in a statement.

As upset as I may be about Wake Forest athletics, this is what really breaks my heart. I have had to tell my children that the education at Wake is not worth the price. Go someplace less expensive for undergraduate and spend the money on graduate school.

My oldest son starts kindergarten this fall. He'll be a college freshman in Fall 2027. If the cost of attendance increases 3.8% a year, it will cost $101,557 for him to attend Wake Forest for his freshman year.

Something in Washington needs to change. Something in Winston-Salem definitely needs to change.

 

[PhDeac]

Why have college costs risen so much? They're not spending it on profs. Is it general admin bloat?

Yes. There have been plenty of articles written on this recently. I'll find them when I have more time. Basically, universities are hiring more Assistant to the Assistant to the Provost positions. Also more money is going to personnel to support non-academic aspects of the university. Look at the Wake Will goals. A good deal of it is going to make university life more cushy. Why would I spend my hard earned money towards new student life facilities for kids from families who make many times more than what I make a year?

 

[jhmd2000]

Why have college costs risen so much? They're not spending it on profs. Is it general admin bloat?

hDeac batsignal:

Wow. He beat me to it in the same minute. Bravo, Doc.

 

[marquee moon]

My oldest son starts kindergarten this fall. He'll be a college freshman in Fall 2027. If the cost of attendance increases 3.8% a year, it will cost $101,557 for him to attend Wake Forest for his freshman year.

Something in Washington needs to change. Something in Winston-Salem definitely needs to change.

That post is so disturbing it made me guilty to even post a walk away joke.

Ph, moon is going to Disney!

 

[PhDeac]

hDeac batsignal:

Wow. He beat me to it in the same minute. Bravo, Doc.

Haha. Just got back to the computer. The worst part of admin bloat is that people who couldn't do their job effectively 10 years ago still have their job and make more money and probably have more people to help them do the same job because of the expansion of universities.

 

[EatLeadCommie]

As upset as I may be about Wake Forest athletics, this is what really breaks my heart. I have had to tell my children that the education at Wake is not worth the price. Go someplace less expensive for undergraduate and spend the money on graduate school.

Sage advice regardless of the cost of Wake. Undergrad degrees are what HS degrees used to be in that they aren't particularly valuable. Shit, might as well do 2 years at a community college, the next two at a commuter university, and then size up a nice graduate program somewhere.

 

[DistrictDeacon]

The most maddening statistic is that Administrative staff has grown from 56 persons in 1998 to over 220. This during the time when the student body has grown 21%. Fucking ridiculous.

Wellman and Grobe making $2.4 and mid level administrators making over $300k per year. Obscene and un necessary. This is not a corporation where stock options are in play. It is a liberal arts oriented university.

Professors are making below the mean nationally. The issue is administrative bloat. No fucking way Hatch should be making $1.5 million per year.

All of these people need ot be removed and if we had a board that had any brains and balls they would make some changes. Very disappointing. No way I am giving any money to these idiots

While the Admin is patting itself on it's back at "capping" increases at less than 4% annually in the last four years, actual COL in Winston-Salem has only risen a total of 7% during that same time.

 

[DeaconJoe]

Yes. There have been plenty of articles written on this recently. I'll find them when I have more time. Basically, universities are hiring more Assistant to the Assistant to the Provost positions. Also more money is going to personnel to support non-academic aspects of the university. Look at the Wake Will goals. A good deal of it is going to make university life more cushy. Why would I spend my hard earned money towards new student life facilities for kids from families who make many times more than what I make a year?

I feel like a lot of the costs are driven by new positions and centers. Diversity is important so we create a diversity office. LGBTQ issues are important so we create an LGBTQ office. Women's issues are important so we create a Women's center. On and on and on. But if we don't have those things now, we look backward and unwelcoming to some.

 

[awaken]

Profligate spending is not the #culture we want here. Heads need to roll.

 

[jhmd2000]

My oldest son starts kindergarten this fall. He'll be a college freshman in Fall 2027. If the cost of attendance increases 3.8% a year, it will cost $101,557 for him to attend Wake Forest for his freshman year.

Something in Washington needs to change. Something in Winston-Salem definitely needs to change.

Yeah, my kid is about the same age. The 529 calculator says I need to save about $430.00 a month for him to be able to graduate college without debt. Two more to follow, of course. My plan is to find a way to place banner ads on those 529 calculators for scotch and bourbon that say "Top shelf booze is cheaper than saving for your kid's college. Enjoy responsibly."

 

[dartsndeacs]

I feel like a lot of the costs are driven by new positions and centers. Diversity is important so we create a diversity office. LGBTQ issues are important so we create an LGBTQ office. Women's issues are important so we create a Women's center. On and on and on. But if we don't have those things now, we look backward and unwelcoming to some.

since when is diversity an issue? We were fine when it was just 89% good ole fashioned whiteys.

 

[TexasDeac10]

When I was a sophomore or so at Wake (around 2008), a common explanation for rising tuition costs was a perverse game of keeping up with the Joneses, or something like that. Wake's tuition was rising, but basically at the same rate as other "peer" institutions; the idea was every school would continue raising costs because no school wanted to appear different from the others.

Does anyone still say that?