Columbia, NYU Tuitions Put the "Higher" in Education

"I don't even understand why you need to pay for education when all this information is free on the internet and libraries."

I actually thought that way for many years, but last I check these companies want to see proof that you have an education so students shell out thousands for a degree. But a degree is not a guarantee of a job, just proof you finished the courses required for it. The internet is full of free videos and lessons, just educated yourself for free. Go to the library and check out a textbook and read it for free. Why paid a college to tell you want to read.

Seriously, all the information that you ever need is floating in the ether in digital 01010001 form. You want to become a doctor? webmd. You want to learn business? wallstreetjournal.com.

I'm all for self-sufficiency, but the problem here is, noone is there to give you feedback on your reasoning and your conclusions. You might end up constructing your own little world but it might be littered with cracks. There is a reason why doctors need to go into a multi-year internship. There is a reason why traders usually start as analysts working like dogs for 2 years.

NYU definitely overpriced. Just look at the alumni giving of 18% ... to me that is a measure of how satisfied their undergrads are. I went to a branded private school but to be honest, with the exception of a small handful of classes, I think I would have gotten a *better* and *cheaper* education at SUNY Stonybrook. Some of my classes had the most awful teachers ever ... like paying for Peter Luger porterhouse but receiving a White Castle hamburger.

Big expensive brand names might be worth it for grad school ... but undergrad ... forget it unless you are certain you want to pursue a PhD afterwards or you happen to get into a distinctive science school like MIT.

Or just try City College if you can't hack State. At least you'll have a positive cash flow when you get out of college instead of paying off the Man for the next 20 to 30 years of student loans, not to mention a mortgage if you decide to buy a place, and lest we forget those onerous credit card bills you'll be trying to pay down. Boy, you're in hock for the rest of your life. Good luck.

Go to a state school. It's that simple.

@catatonina - what are you talking about? I went to NYU and as my grades improved, the grant and scholarship money increased. I also benefited from having poor parents, but I only ended up paying about 40 grand for the whole shebang. Still, it probably wasn't worth it, but it would have been were I in Tisch or Stern.

Also, how the hell does Schwartz measure the worth of different colleges? By the income you receive upon graduating? In my experience, you learn pretty much the same shit no matter where you go for undergrad.

$50k per year and yet NYU is year after year one of the most desirable colleges for high schoolers. I'm not sure of the NYU admission rate but I wouldn't be surprised if they could raise tuition to $60k or $75k and still have a decent sized freshman class. Parents are willing to pay anything to get their kids out of the house.

"I wrote a check for $50,000 and all I got was a fucking hipster."

And what is it with the NYU undergrad division? While it's three major graduate schools (med/law/biz) have attained world class status, it's College of Arts & Sciences is still stuck as a commuter school with more than half it's students Ivy rejects who really don't even want to be there...?

Fifty grand to attend a mediocre safety school? Now that's a scam and NYU students are the suckers who literally have to pay. I wonder how much "rent " they have to pay for the newly built dorm in Gramercy, which is right next to our building...?

Learn a trade. Do something useful. Too many over-educated, unemployable dolts walking around feeling entitled.

Um, sticker price is definitely the full price that most students will pay at schools that don't offer merit-based scholarships (including NYU and Columbia). And for the quality of the education at NYU, $50K is definitely not worth it, throw in the crappy state of at least half the dorms and you'll be like me after graduating: wondering why the heck you didn't transfer to the New School or Baruch after freshman year. Four years at NYU and I can honestly say during that time I took a total of three classes that were intellectually stimulating. I wish I'd taken my tuition money at age 18 and started a small business instead.

I went to NYU on an almost full scholarship and most of my friends did not pay the full price. The same for my Columbia friends.

Sticker price is not necessarily the price that most students (or more likely, their parents) will pay.

#18- my aunt got surgery from St. John's medical facility. The best in the country. She died. Surgery is also hit and miss. It's all about being young and healthy in the first place to have surgery. Surgery Mortality rates are correlated to age. You would probably do pretty well in surgery too if you used webmd. given that surgical norms have only been in place for the last 50 years. depends also on the type of surgery. I could pretty much operate on most ingrown toenails which doctors would charge a 1000 bucks for.

BH, If you ever need surgery I will take care of you. 200 dollars a pop. My degree is in Econ but I have an internet connection so I will just use webMD.

College is a good way to make the book publications rich.

Most of the material you learn in college, especially the general education requirements you never use on the job or totally forget 2-3 years down the road.

Seriously, all the information that you ever need is floating in the ether in digital 01010001 form. You want to become a doctor? webmd. You want to learn business? wallstreetjournal.com. Doctors don't even know shit! If you have an illness, 100% of the time a doctor won't know jack squat what to do. You'll have to get a whole bunch of tests on something, come back with the results and they'll interpret it which basically means they wing it. They'll prescribe you certain medications and hope they find their mark, if that doesn't work, they'll prescribe you something else. Doctor work is just educated guesses. My friend went to NYU Business School for Grad. He spent 70 grand a year for 2 years and in the first year he learned undergrad business 101 and the second year they sent him to "worldly" places like India so he could enrich his mind. He hated India and all it was was resume padding. Now he's working his ass off as an intern at E&Y. It's all political bullshit really. College really was created to keep children out of the workforce for an extended period of time. Back in the day a 17 year old was much more preferred to a 40 year old in the workforce. After the wars, they created college so veteran soldiers wouldn't have competition after they returned from the war. Steve Jobs spent one semester in a shitty community college and dropped out. Bill gates spent 2 years in Harvard and dropped out. College is just an circuitous route to social acceptance. I wish I didn't go to college to find that out.

you can autodidactitate all you want but good luck getting a job without a degree.

WE have a colleague whose daughter just graduated from Columbia.

But the job market here in NYC is so tough - she is actually working as an unpaid intern to get experiences to become more competitive

I don't understand why they can charge so much for tuition at UNY when it's not even a real university.

NYU - acronym, Now You're Unemployed

I know a lot of people that went to NYU and they are a bunch of slackers. I can't believe that they charge so much. Probably because they keep buying property in the west village. It's really pathetic that an education can cost so much.

I think it's probably worth it if you want a job on Wall Street - you're in the city so you have an easier shot at meeting the firms, working internships, etc, and the major banks recruit from there and you'll get paid enough to cover any loans. Beyond that tho, I don't see how you make a case for spending that kind of dough on NYU. Maybe Columbia, I don't know I didn't go there, but after attending NYU I can say it's not worth $50K.

200K for an education at NYU, talk about diminishing returns.

Cost of Tuition at Colleges "Breasts" $50,000 a Year?

What kind of headline is that?

I think felicity is cute. Its the hair.

wow, 200k for an nyu undergrad "education"

sucker born every minute

Holy shit... I can't believe I agree with B.H. on something... http://en.wikipedia.org/wiki/Autodidacticism

I don't even understand why you need to pay for education when all this information is free on the internet and libraries.

Felicity, Noah, Ben and crew were not students at NYU. They went to UNY (University of New York).

get*

You just HAD to use a picture of Felicity. Shes not even hot.

200k for a Degree from NYU? No thank you. You can getting a better education at CUNY or SUNY for far less.