https://admissions.msu.edu/finances/tuition.asp Sam’s recent post about the costs of things got me wondering so I figured out how much it would cost for a semester at state. I started by looking at the cost of tuition which for a single semester of 15 credits is $13,612 and then went to housing and found a cheap 1 bedroom at $600/mo. which for the 5 months I’d have to be there for the semester comes to $3000. If I were to continue by adding 50 too factor in the bus pass I’d need for transportation as well as the 80 I spend in general in a week it would cost me about $18,262 for a semester at MSU that is with discounting the variable for book purchases and course packs which could vary wildly so ill factor it in at $300 putting the total at 18,562 divide that by our minimum wage of $8.50 an hour and it would take 2184 hours to pay this all off. this leads me to think that maybe universities are starting to become more of a pit, because a hole is something you can climb out of.
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Eli Zumberg
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Michael DeLaGarza is discussing.
Michael DeLaGarza 8:15 pm on March 13, 2016 Permalink | Log in to Reply
Just for the sake of throwing it out there, sometimes the apartment complexes will give you a free bus pass for the semesters that you have a contract with them.
It isn’t easy to pay for college, which is why some people debate the idea of whether it’s worth the ten years of paying off student loans after graduation. What I like about the course we are taking right now is that the books and readings were all free. This is the first course I’ve taken at a college where you did not have to factor in a cost for books, which at a community college can sometimes equal the cost for the class itself. Bigger universities will usually have courses that are required, and the books and online access fees cost upwards of $300-$500. What’s more interesting is that a lot of the time they will require you to always have the latest edition and it will be written by the professor who instructs the course. In the larger economics courses where they have 300 – 500 people enrolled in a single class, book revenues are generally mind blowing, especially when you take into account that the professors will have multiple times for each class with around the same number of students enrolled each semester. If we go with the lower end and use the figure of 300 students per class, with 3 different class times per week, and a book cost of $250, you are looking at $225,000 in book revenue for just one semester. I don’t know how everyone is paid and how much of a percentage the company will usually get, but even if the professor only ended up with 25% of total revenues, he or she still gets $56,250 as supplemental income.