Tag Archives: cost

The College Bubble: A Higher Ed Round-Up

This past Tuesday, the Supreme Court ruled to uphold a Michigan constitutional amendment that bans affirmative action in admissions to the state’s public universities. The 6-to-2 ruling allows for the passage for similar measures in seven other states. The New York Times has an informative set of infographics showing the effects of such bans on affirmative action for minorities throughout the country.

Highlighting the results from a recent study on public college finances, Slate explores the increasing privatization of public colleges. Today, public university students cover almost half the cost of their own educations, on average.

A Brown University student, Lena Sclove, has begun an activist movement to make the campus a safer space for her and other survivors of sexual assault.

“Wellesleyan” Tops List of Most Expensive Schools

Earlier this week Business Insider published a list of the 20 Most Expensive Colleges in America. Wesleyan made the cut at #5—$56,006 for tuition, fees, room and board in 2011-2012—topped only by Harvey Mudd, Columbia, NYU, and finally Sarah Lawrence, the tiny Yonkers campus whose total fees have been inching steadily closer to $60k. No surprise when you consider Wesleyan’s rising tuition, uncertain need-blind status (not considered in this ranking, but topically relevant), and other topics of discussion at April’s Affordability Forum. Last spring Wes was #2 on the list.

What should come as a surprising is the photo the magazine placed beneath Wesleyan’s name. Grander than Olin, the building appears nowhere on Wesleyan’s campus (and if it does, it’s been kept even more hidden than the Art Studio tunnels). What gives?

“The University has no Clothes” – New York Magazine

Photo credit: New York Magazine

A couple of weeks ago I posted a brief comment regarding libertarian, entrepreneur and PayPal co-founder Peter Thiel’s mission to rip the universal fabric of higher education’s importance to education, job prospects, and the rate of winning at life.

It comes, I think, at the spear’s tip of an emerging wave of skepticism over whether or not whippin’ out around $200,000 for a college education (or incurring the Wrath of Debt in that magnitude) is worth the investment. There seems to be a steadily rising number of popular written material on this issue in the past couple of months, and only time can tell whether the raised awareness of it all will ultimately change things before American society hits some sort of economic pressure point and explodes.

And while most of these writings say generally the same things (like this whole university thing is a bubble like the housing thing was, kids don’t actually learn shit in school, etc. etc.), this recent article in New York Magazine – entitled “The University has no Clothes” – has particular appeal enough to warrant a Wesleying post for three reasons.

  1. It engages the Peter Thiel Project from a different angle.
  2. It comes with the above picture of naked people.
  3. And it has the following quotation:

“People come back to me,” he (James Altucher, a subject of the article) says over lunch at a crowded restaurant in Union Square, “very smart, intelligent people, and say, ‘Look, college teaches you how to think, college teaches you how to network, college teaches you how to write.’ Personally, I didn’t learn how to do any of those things in college.” What Altucher learned to do in college, he says, is what all young men—“with almost no exceptions”—learn to do: drink and talk to women.

According to the sloths we here at Wesleying hired to research the tastes and preferences of our readers, these are precisely the things that appeal to you folks. For the article, click here.

Happy Hangover Holiday!