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View Diary: Growing college graduation gap between rich and poor is one more sign the American dream is broken (63 comments)

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  •  How can you blame this on those universities? (0+ / 0-)

    The problem is cultural, not the universities. The girl with the huge loans went to Emory. That's a private institution. Emory charges those rich kids MORE (i.e. above the actual cost per student) in order to maintain their 35-40% redistribution in scholarship money. That's a lot more generous than our tax system.

    The problem seems to be that there is no counseling for such students, that no one calculated the differences for her prior to her choice to attend Emory when a public education would be more affordable.

    And finally, the problem now is that we are increasingly defunding higher education and the rise in tuition is related to the cuts, so that a scholarship at a private school is perhaps in line with the total costs at public schools. But again, this is a cultural problem and not the fault of the schools. The schools are trying to maintain high standards that puts the US system at the top internationally.

    There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

    by upstate NY on Mon Dec 24, 2012 at 12:35:56 PM PST

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    •  I will tell you (1+ / 0-)
      Recommended by:

      The universities have become nothing more than self-interested profit centers, building embarrassingly expensive facilities, and hiring embarrassingly expensive  "superstar" profs, and loading it all onto the debt-burdened backs of poorly-informed, middle-class marks. There's no discipline in the system.

      USNews college rankings have become the enemy of social mobility.

      “Americans are fighters. We're tough, resourceful and creative, and if we have the chance to fight on a level playing field, where everyone pays a fair share and everyone has a real shot, then no one - no one - can stop us. ”-- Elizabeth Warren

      by Positronicus on Fri Dec 28, 2012 at 08:13:16 PM PST

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      •  You say there's no discipline and for me (0+ / 0-)

        that's a Republican talking point. That's what they always say about this supposed liberal bastion. Superstar profs? Most profs are woefully underpaid. Biden says that same line, faculty make too much money.

        Advice: become a plumber if you want money, don't go into academia.

        There have been serious studies done of Higher Ed that show schools are run with incredible efficiency that would make private companies squirm. I can send those to you if you like.

        There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

        by upstate NY on Wed Jan 02, 2013 at 08:52:23 AM PST

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    •  The article made the point (1+ / 0-)
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      that the scholarship student, and her parents, were less capable of being able to navigate the bureaucracy of maintaining (and maximizing) her financial aid.  This is an excellent example of how wealthier kids get the benefit of social capital--such as experience with financial aid--that is not measured by income or wealth, but which compounds class advantages over time.

      It did seem like the Emory student made a somewhat impetuous decision to attend Emory (another situation in which more social capital--i.e., a family that could have been more helpful in assisting her in her college choice--would have helped her), but it was not financially irrational since she was supposed to receive substantial aid.  However, she was forced to take on more debt because than she should have because she was not very savvy about aid.

      There is an element of fault on her part, though, as it seems she ignored e-mails regarding her status.

      "Well, I'm sure I'd feel much worse if I weren't under such heavy sedation..."--David St. Hubbins

      by Old Left Good Left on Fri Dec 28, 2012 at 08:36:07 PM PST

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      •  Public schools are a bargain (0+ / 0-)

        I still think going to a state university (main campus or a regional campus) is a good deal in many States.  One does not have to attend Emory (but it is nice, I will admit it!) to get an excellent education.  You get out of college what you put into it and opportunities abound at public schools that will help set you on a successful path.  

        As you mentioned, students (and parents) need to be more savvy about financial aid and costs.  There are many resources out there, both online and in the "real" world, that can help educate the family on how to navigate the financial aid system.  

        "When a nation goes down, or a society perishes, one condition may always be found; they forgot where they came from. They lost sight of what had brought them along." --Carl Sandburg

        by Mote Dai on Fri Dec 28, 2012 at 09:13:06 PM PST

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      •  I know but she was probably thinking of how that (0+ / 0-)

        social capital might pay off for her and her progeny once she became part of the Emory alumni.

    •  Tell that to the adjunct professions who are paid (0+ / 0-)

      less than grad students.

      I don't buy that at all. In fact I don't buy much of anything because I cannot afford it.

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