You might be surprised http://finance.yahoo.com/news/degree-drawn-red-ink-021000044.html?desktop_view_default=true
Wow. I've never even heard of "The Creative Center." It's only natural that NYU be on that list. I'm surprised GWU, Georgetown, and Harvard aren't also on the list.
Harvard has famously generous aid packages. If a family makes under $65,000 / year, for example, tuition, room and board are essentially free. Average student debt for a Harvard College graduate is only $4,400, with a default rate well under 1%. See Graduating with Debt | The Harvard Crimson for an excellent article from Harvard's student newspaper about rising cost and debt at both Harvard and in higher education generally.
ooo, I'm not surprised that Harvard and Georgetown are not on the list since they offer students a lot of aid. I agree that it's surprising GW isn't on it, though. Maybe they offer more aid than I thought.
Ouch, that is a lot of money for a degree with very little demand. I guess it goes back to the reason's people attend college.
New York is 16th in income. There's a lot of poor folks living "up state." Top 10: 1 Maryland 2 Alaska 3 New Jersey 4 Connecticut 5 District of Columbia 5 Massachusetts 6 New Hampshire 7 Virginia 8 Hawaii 9 Delaware 10 California The only truly "red" state up there is Alaska, but it is heavily and directly subsidized by the federal government. (Maryland, Virginia, and DC all benefit from being near the seat of government.) The bottom 10: 41 Utah 42 Louisiana 43 Oklahoma 44 Alabama 45 New Mexico 46 Idaho 47 Kentucky 48 Arkansas 49 West Virginia 50 Mississippi All red, with New Mexico kinda purple. OT, certainly. But wow. (The median for the US falls at the 20th spot, showing a skew towards the "haves," which are mostly blue. So the wealthy might tend to vote Republican, but the average and above-average wage-earners certainly do not! But at the lower end of the scale, all "red" again. You'd think those folks would consider voting for their interests.)
I wasn't referencing the state of NY as a whole, but if you visit GWU's campus you'll find that the vast majority of their students are from the NY/NJ, New England or are foreign and at least appear to come from some degree of affluence. I was just saying GWU isn't on the list b/c so many of their students pay out of pocket. A lot of the students attempt to transfer into Georgetown after their first year because it's less expensive and a better school.
I love all the interesting things that come out of the red state/blue state comparison. They are certainly fun.
That's probably part of it too. I can't imagine being able to write a check for that amount. I wonder if $200,000+- for a BA is even worth it. Couldn't they get a better return on investment paying cash to a cheaper school then investing the cash?