May 1, 2024

3 thoughts on “‘Articulating the Threat’ — Campus Prepares to Protest Board of Trustees

  1. Unlike the Federal government, Cornell cannot print money. So how does Mr. Marshall propose to provide everything to everybody, as his DEMANDS demand, particularly #4? Answer: selectively increase tuition for students from “wealthy” families, no doubt.

  2. I can’t respond to the specifics of this since I don’t know the Cornell endowment situation, etc. But this does point to the fact that students and their parents need a truth-in-expenses information. For example, when my son went to an unnamed university (It had a name, just not saying it) he received a lot of aid the first couple years, then it slowly dried up. You see, once you are in a program they figure you can’t leave to go elsewhere. You have invested so much already that you will have to grin and bear it.
    College should be seen as a contractual investment. If they want your business for 4 years you should have an UPFRONT decision on financial aid, costs, etc. covering all four years. Then you could make a reasonable decision on what the costs will be. Costs should not go up or down.
    I can see why kids and their parents would be upset at rising costs. I know I was.

  3. I agree with josephurban. When I attended college (1980-1984), my first year tuition (excluding dormitory, meal plan, books, etc.) was $4500. My fourth year tuition was $8700, a nearly 100% increase. My paltry scholarship remained the same each year, however the university was more than happy to loan me the ever-increasing differential, which allowed me to continue.

    This was almost a deceptive business practice, along the lines of DirecTV:

    https://www.ftc.gov/news-events/press-releases/2015/03/ftc-charges-directv-deceptively-advertising-cost-its-satellite

    Well, maybe not deceptive, but definitely predatory.

    At colleges throughout America, this still goes on. But don’t anyone worry, President Elizabeth Warren will fix all that.

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