On 7/22/2012 11:36 PM, Bill wrote:


If you are going to run a college, you can't afford to ignore the
beans--or you won't have a college. Colleges have to pay heating bills
too--and big ones!

My son is going to RPI, the cost is astronomical. Fortunately he
received the RPI award. But it just makes a dent in it.

The president of the university has a chauffeur driven Audi A8... one
for each day of the week. Yes 7 A8's...

The school just built a new stand so she can act like Cesar at the
hockey games... But she doesn't go to them. That took away a lot of
grand stand area for her to entertain.

They built a world class auditorium.

The money that they are being endowed with seems to go more toward the
admin side or to build prestige. On top of that outrageous increases in
tuition, it doubled in the last few years or so before he was of age.

I made a promise to him when he was young.. if he got the grades I would
provide the tuition. I put away a lot of money when he was born, and for
the next few years.

The stock market took it away.. I lost principle as well as the early
gains. I wish I stuck it under the mattress. I won't go back on my word,
but I am in serious trouble for retirement. It's been hard holding a job
lately. More foreigners are getting them, then us citizens.

All this makes for a perfect storm here. I only hope he has a better
life than I, and doesn't have the problems I face now. Unfortunately he
is in comp sci , so he is in the same career.


The Internet will most-likely result in more education options in the
marketplace. That comes with it's own set of issues, but I anticipate it
could help lower the cost of tuition--maybe even at existing instituitions.