MBB: College Conference of Illinois and Wisconsin

[AndOne]

I'm not sure if it's one of the three Dave read about, but I have read that Central (IA) recently lowered tuition from about $38,000 to $18,000.
From what I have been learning, the many of the schools expected to join this phenomenon in the near future are primarily smaller private schools with small or relatively small endowments.

[WUPHF]

[...] I have read that Central (IA) recently lowered tuition from about $38,000 to $18,000.

I am guessing that Central College first surpassed the $18K sticker price around 2001. Adjusted for inflation, the ~2001 price should be $26,090. There are obvious reasons why tuition outpaced inflation, but dang,...

[GU1999]

I had an intern this summer who told me the cost of her institution.  She said that she got a small discount from the school, but that they had just what she wanted and it was geographically located close to where her husband worked.  I thought she must have been mistaken so I checked their website and found the below information. 

My challenge to the readers of this prestigious message board is to name that midwestern d3college...

Costs for the 2019-20 Academic Year
COSTS

"TUITION
$51,050
STUDENT ACTIVITY FEE
$280
ROOM
$5,332
MEALS (FULL MEAL PLAN-REQUIRED THE FIRST YEAR)
$4,028
HEALTH/WELLNESS FEES
$202
Total Direct Costs   $60,892

ADDITIONAL FEES

HEALTH INSURANCE-DOMESTIC STUDENTS (ESTIMATE)*
$1,690
BOOKS AND SUPPLIES (ESTIMATE)
$1,000
PERSONAL EXPENSES (ESTIMATE)
$1,352
Total Indirect Costs   $4,042"

[AndOne]

BELOIT!

Do I win a prize? LOL!

[GU1999]

Beloit it is.  Nice.

I was just stunned by the $.  Maybe I shouldn't be, but it is truly stunning.  Maybe next years "Mindset List..." will say that the Class of 2024 ha never known tuition to be less than 50K  a year... 

I could send you the GU t-shirt I was going to send Hope a few weeks ago b4 the 300 posts about technical fouls. 

[WUPHF]

Not to be a know it all, but Beloit retired the mindset list.

Marist picked it up though, unfortunately.

If that student is paying more than $25K, she needs to march to the financial aid office today!

[Dave 'd-mac' McHugh]

Carthage was one of three schools I read today that has made this adjustment. It is starting to become something schools realize they have to do. I suspect it will be the norm soon.

Dave, what were the other schools?

Oh man ... at this point I can't remember them all. Randolph (in VA; formerly Randolph-Macon Women's College) was another the day I was reading the headlines and stories. There was another one or two.

I think I've seen maybe a dozen announce this in the last year? I really took note when Albright did it earlier last academic year - it was the hint I needed to confirm York (PA) was clearly moving from the CAC to the MAC Commonwealth (before the news was broken; I couldn't break it as I couldn't per where I got the intel).

York (PA) has had it as their model for decades - if not since they opened (I am blanking on the history right now). It has caused people to be confused thinking they are a state school when they are not - the name doesn't help either (York College of Pennsylvania) nor the fact there is a PSU-York campus as well (people conflate the two). YCP has simply had the plan that they charge the actual price of school. They don't inflate it. That does mean there aren't really any discounts and grants and scholarships are maybe a little harder to come by (as they literally reduce the price, not reducing a higher-than-actual price). But people think YCP must be a state school because the price is so much lower than most liberal arts - confusing it with schools out here like St. Mary's (Maryland), Mary Washington, Christopher Newport, etc. which are state honor colleges (liberal arts-esque, but state school pricing; though these are higher than "regular" state colleges).

As one administrator told me of a school that has gone to this model - "we tell recruits, 'we are telling you the truth when it comes to the cost of school'."

[AndOne]

And I would fully expect that many competitors would counter the "We are telling you the truth when it comes to the cost of school" with something on the order of "Tuition at ABC College is $20,000 below ours, but they are going to be giving you little or nothing in academic aid whereas our freshman scholarship awards average between $19,000 and $21,000".

Also, assuming it's true of course, they might throw in "And, ABC is ranked #73 by _________, and #76 by _________, whereas we're ranked #10 and #13 by those same evaluators."

Could make for some interesting discussions. 🤔

[mwunder]

Carthage cuts tuition by 30% ($13,600)

https://www.jsonline.com/story/news/education/2019/09/17/carthage-college-says-30-tuition-cut-have-little-revenue-impact/2342671001/

As an alum....that's still way too much to provide a decent return on investment.  The most famous alum of the last twenty years was a beauty queen.

[WUPHF]

As an alum....that's still way too much to provide a decent return on investment.  The most famous alum of the last twenty years was a beauty queen.

The number to judge it by though is $15,800, the average price a student pays.

That may be too much, but just a thought.

[Pat Coleman]

As an alum....that's still way too much to provide a decent return on investment.  The most famous alum of the last twenty years was a beauty queen.

The number to judge it by though is $15,800, the average price a student pays.

That may be too much, but just a thought.

Is fame the bar to measure by?

[Gregory Sager]

As an alum....that's still way too much to provide a decent return on investment.  The most famous alum of the last twenty years was a beauty queen.

The number to judge it by though is $15,800, the average price a student pays.

That may be too much, but just a thought.

Is fame the bar to measure by?

What I'm wondering is if the college education was instrumental in her being crowned a beauty queen.

[Titan Q]

Brady Rose, coming off a 30-point debut, and the Dusseldorf Giants travel to Itzehoe today to face the Eagles in Pro B play. Tip time 12:15 CT.

Video - https://sportdeutschland.tv/basketball/prob-nord-itzehoe-eagles-art-giants-duesseldorf

[Titan Q]

IWU 6-6/235 sophomore F Matt Leritz is dealing with a torn ligament in his toe and is currently shutdown.  Matt averaged 4.2 ppg and 3.8 rpg as a freshman in 9 minutes per game and is a guy the coaches expected to take a big step up in 2019-20.  Probably fair to say the expected starter at the 5.

Sounds like his season is in question at this point. 

[mwunder]

The number to judge it by though is $15,800, the average price a student pays.
That may be too much, but just a thought.

$15,800??  I don't see how that's even close to the correct number.  Based on numbers I've heard from students, this includes the fall semester and J-term and some meals. 

Is fame the bar to measure by?

Not fame, but notable alumni can certainly help the prestige of a college / university when comparing it against another school.