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 Post subject: Possible Rate Hike for Next Semester
PostPosted: Wed 04-04-2007 6:37AM 
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If this goes through, it will start THIS summer.

http://www.columbiatribune.com/2007/Apr ... ews001.asp

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PostPosted: Wed 04-04-2007 9:01AM 
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stupid school...

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PostPosted: Wed 04-04-2007 9:24AM 
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Krawitz wrote:
a 3.8 percent increase matches the inflation rate from June 2005 to June 2006.


This is a problem for me, and I am glad to see that this was added into the story:

Tribune wrote:
However, the proposed legislation would calculate inflation during a calendar year, and that rate is 3.2 percent for 2006, according to the labor department.


Why would you use June to June? It is annoying when people try and justify things by trying different criterion until one set closely resembles what they want it to Carnster&Co's bullshit criteria for a Tech institution....

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PostPosted: Wed 04-04-2007 9:32AM 
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jthxv wrote:
Krawitz wrote:
a 3.8 percent increase matches the inflation rate from June 2005 to June 2006.


This is a problem for me, and I am glad to see that this was added into the story:

Tribune wrote:
However, the proposed legislation would calculate inflation during a calendar year, and that rate is 3.2 percent for 2006, according to the labor department.


Why would you use June to June? It is annoying when people try and justify things by trying different criterion until one set closely resembles what they want it to Carnster&Co's bullshit criteria for a Tech institution....


Isn't June to June the fiscal year for the university?


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PostPosted: Wed 04-04-2007 12:03PM 
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FrankieM wrote:
Isn't June to June the fiscal year for the university?


I believe you are correct.

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PostPosted: Wed 04-04-2007 9:07PM 
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why does this surprise anybody?
it goes up every semester.

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PostPosted: Wed 04-04-2007 10:06PM 
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I think this is more of a political move than anything. The bill that's coming up says that the universities can only raise tuition by inflation. But the state defines the inflation rate. So now the university has defined the inflation rate higher than the state has, and they are raising tuition by their inflation rate. This should appeal to the people as a fair thing for the university to do.

Basically they're saying to the state: If you pass the bill, tuition is going to go up 11.x% (or whatever the end result of exceeding the defined limit was). This will make the people think that the state is the root cause for the massive tuition raise... if the University says now that its 3.8% but later says "Due to state law blah blah blah it's now 11.x%" the people will be pissed at the state and not at the University.


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PostPosted: Thu 04-05-2007 3:38AM 
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Yeah, going to work like this soon:

*University wants X% tuition hike, mainly based upon claims of operating cost(but probably not the whole truth)
* X% exceeds state cap, university looses a significant amount of state funding or something.
* University puts a Y% tuition hike in order to get a net yield of X% increase.
* University blames Y% rate increase on new bill.


The university (the UM system) and the state will play money games, and we are the one's who'll get stuck with the result.


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PostPosted: Thu 04-05-2007 7:14AM 
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Why does everyone think that the administration is just out get your money and be greedy? UMR's administration does not get a portion of the "profits"... there are none. Has it not occurred to everyone that UMR has been running on a deficit for some time now? Has it not occurred to people that the state has cut funding over and over again? You cannot compare educational institutions to a corporation.

It's the job of the administration to see that the university can sustain itself for the foreseeable future. I suppose the administration could cut tuition, but that would mean people getting fired, the students losing classes and services and the the eventual closing of the university. Without the current changes (and charges), I highly doubt UMR would be around for any length of time.

Students do have a choice though - Speak with your feet! You can go to any other university, or even a community college. UMR's tuition is below many other decent alternatives.... I suppose they should just go completely private and raise their tuition to $35K and be done with it.

In short, get over thinking that everyone is out to get you.

--sea


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PostPosted: Thu 04-05-2007 7:51AM 
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Sea wrote:
UMR's tuition is below many other decent alternatives.... I suppose they should just go completely private and raise their tuition to $35K and be done with it.


This may be true, but UM et. al. also has the highest in-state tuition of any of the schools in the Big XII. I pay roughly $4500 a semester. Oklahoma State, for instance, has a yearly in-state COA of just under $4500--for the year. (OSU advertises themselves as "the best buy in the Big XII", whatever that means.)

I started doing some grad school tours. This spring break, I took a tour of Clemson University in South Carolina--a very decent East Coast engineering school. Their undergraduate yearly tuition and fees comes to just over $5000. And they have a merit program where, if you come from out of state and have a 1390 SAT or 32 ACT, you can go to Clemson for the in-state rate.

I was happy enough with tuition rates here when I started, and I don't have any need or desire to transfer over a couple thousand bucks a year. But it's amazing what you see when you open your eyes.

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PostPosted: Thu 04-05-2007 8:06AM 
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bagvwf wrote:
Oklahoma State, for instance, has a yearly in-state COA of just under $4500--for the year. (OSU advertises themselves as "the best buy in the Big XII", whatever that means.)


yet another reason to go to oklahoma
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PostPosted: Thu 04-05-2007 8:22AM 
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bagvwf wrote:

This may be true, but UM et. al. also has the highest in-state tuition of any of the schools in the Big XII. I pay roughly $4500 a semester. Oklahoma State, for instance, has a yearly in-state COA of just under $4500--for the year. (OSU advertises themselves as "the best buy in the Big XII", whatever that means.)


Yeah, OK-state is about $150 less per credit hour than UMR. That's what happens when the state covers 44% of your budget and you have an enrollment of 21K - with class sizes of 250+ for freshmen. Now if you want that.. then great.

bagvwf wrote:
I started doing some grad school tours. This spring break, I took a tour of Clemson University in South Carolina--a very decent East Coast engineering school. Their undergraduate yearly tuition and fees comes to just over $5000.


Try again - $9,868 yearly for in-state tuition (http://www.clemson.edu/finaid/coa.htm) - UMR is $ 7,816.

bagvwf wrote:
But it's amazing what you see when you open your eyes.

I know.. especially since they compare so readily to UMR - and those that actually do compare are more expensive.

--sea


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PostPosted: Thu 04-05-2007 9:31AM 
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Sea wrote:
bagvwf wrote:
I started doing some grad school tours. This spring break, I took a tour of Clemson University in South Carolina--a very decent East Coast engineering school. Their undergraduate yearly tuition and fees comes to just over $5000.


Try again - $9,868 yearly for in-state tuition (http://www.clemson.edu/finaid/coa.htm) - UMR is $ 7,816.


That's interesting. I was told otherwise by a New Students rep--I guess that's not the first time I've had one of them lie to me. Or he could have meant 5k "per semester" and said "per year"... Meh. Anyway, I stand corrected.

In any case, I still have heard that Mizzou is the most expensive school in the Big XII. And we pay what Mizzou students pay. Like I said, I'm just saying that the education can be had for cheaper if one desires to look. I for one am happy enough where I'm at.

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Last edited by bagvwf on Thu 04-05-2007 9:50AM, edited 1 time in total.

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PostPosted: Thu 04-05-2007 9:45AM 
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Quite possibly. Most student reps talk in terms on semester. Though, maybe if you factor in cost of living - Clemson still might be "cheaper." I just don't know. I just get a little annoyed when people throw around dollar figures like they're the end all be all.

I also don't know how many of Clemson's students are on financial or merit aid. I do know that UMR has 85% of their students getting aid (73% get merit based aid). This is a percent that matters because it's a common practice to raise tuition and/or fee but to subsidize a bit of it.

--sea


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