Comments on: Will New Federal Funds Really Help? (Part 2 of 2) http://www.theadmissiongame.com/blog/archives/106 Fri, 02 Jul 2010 04:46:44 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: NewParentU http://www.theadmissiongame.com/blog/archives/106/comment-page-1#comment-515 NewParentU Tue, 14 Jul 2009 02:06:39 +0000 http://www.theadmissiongame.com/blog/archives/106#comment-515 As the parent of a freshman student heading to University in 2 months, I find it SO frustrating that the Universities are raising the tuition in the hope that it makes them look elite, and then they end up giving students grants and scholarships to reduce the cost. Shopping for a university is more of a game than shopping for a car - at least you have some way of finding the real price of a car. The fact that I am funding my child's education out of my pocket and then having all my taxes being given to private organizations (yes these are private institutions!), because they jacked their prices up, rubs me completely the wrong way. The way I see it, the institutions raise their price, which increases the financial need and given a fixed Expected Family Contribution means that the institution just got more money from the Government. In other industries, where the government gives money to businesses, there is usually oversight organization. Here, in University land, it just seems to be a continuous government money grab! Just like Peter (but perhaps in a different way), I too am jaded. I don't see that this is ever going to end. Universities are just like all the other government bailouts and money grabbing organizations we have seen on the news every night for the past 18 months. As the parent of a freshman student heading to University in 2 months, I find it SO frustrating that the Universities are raising the tuition in the hope that it makes them look elite, and then they end up giving students grants and scholarships to reduce the cost. Shopping for a university is more of a game than shopping for a car – at least you have some way of finding the real price of a car.

The fact that I am funding my child’s education out of my pocket and then having all my taxes being given to private organizations (yes these are private institutions!), because they jacked their prices up, rubs me completely the wrong way.

The way I see it, the institutions raise their price, which increases the financial need and given a fixed Expected Family Contribution means that the institution just got more money from the Government.

In other industries, where the government gives money to businesses, there is usually oversight organization. Here, in University land, it just seems to be a continuous government money grab!

Just like Peter (but perhaps in a different way), I too am jaded. I don’t see that this is ever going to end. Universities are just like all the other government bailouts and money grabbing organizations we have seen on the news every night for the past 18 months.

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