In 1984, it cost $10,000 a year to go to Duke University. Today, it’s $60,000 a year. “It’s staggering,” says Duke freshman Max Duncan, “especially considering that for four years.”
But according to Jim Roberts, executive vice provost at Duke, that’s actually a discount. “We’re investing on average about $90,000 in the education of each student,” he says. Roberts is not alone in making the claim. In fact, it’s one most elite research institutions point to when asked about rising tuition.
Julie Schumacher, a professor of creative writing at the University of Minnesota-Twin Cities wrote in the Chronicle of Higher of Education that she received more than 1,500 letters of recommendation to read and went through just half of them.
If you could get a four-year degree for $10,000 or less, would you choose that option? In Florida, an increasing number of working adults are doing just that by getting their bachelor’s degree from places like Broward College, a former community college. It’s essentially a rebranding of the community college experience:
The FCS (formerly the Florida Community College System) has offered a small number of four-year degrees in fields such as nursing and computer engineering technology for about a decade. In Florida, associate’s degree graduates are guaranteed admission to a state university, and FCS baccalaureate programs honor this structure by requiring students to complete an associate’s degree before applying.
On a trip to Wisconsin this week to talk about his proposal to revitalize American manufacturing, President Obama took a little swipe at art history majors.
The researchers note that this doesn’t mean that online courses aren’t working—just that there were a lot of curious people who were simply browsing and dropping as the courses became available.
When it comes to determining the value of a college degree, much of the conversation revolves around what a graduate’s potential earnings will be after obtaining a degree, though not everyone works solely for money. So starting in the spring and for the next five years, polling agency Gallup and Purdue University will begin to survey 150,000 college graduates (30,000 at a time) to find out “how the graduates perceive the effect of college on their careers and quality of life.”