Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.
Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.
That's the only fair way. Also, a set of well educated people pays itself back later in the form of mostly income and added value taxes, which provides money to keep studying for cheap for the next generation.
High cost and exclusivity is the entire point.
A university open to all with a fraction of the price would be a poorly ranked one in every competitive measure.
I don't want to say Europe is without problems, but I think this kind of legislation, together with social security in general, is a clear example of how it can be handled more efficient and fair for most people.
My understanding is that most universities in Europe look more like US bare bones commuter schools, opposed to an all inclusive recreational experience.
The top ranked university in Europe is Oxford, which educates more than twice as many students as MIT with half the budget. I doubt this is because Oxford is cutting corners on educational curriculum.
Maybe, maybe not. It could just be from cost-of-living differences: salaries for many jobs (particularly highly-educated ones) pay a fraction outside the US what they do inside the US. How much are Oxford professors and staff getting paid compared to the ones at MIT (which is Boston, which is a very high cost-of-living city for the US)?
> According to ZipRecruiter, the average salary for a professor at MIT is $114,792 per year, with a range of $94,500 to $179,500.
And: > A professor's salary at the University of Oxford can range from around £89,429 to £122,261 per year, with an average of £104,347
The average at Oxford is much higher than MIT. Note: GBP to USD is currently 1.27