where does all my collage tuition go?

Question by : where does all my collage tuition go?
here is something i have been wondering for some collages… where does all the tuition money go to? i know you need to pay professors, electric eater ect …but i dont think you need $ 40,000 a year for these bills,, unless they are making the buildings out of gold. or building it on the moon… so where does it all go?

Best answer:

Answer by Bijan
Some of it actually goes to the school. As far as the rest, well, believe it or not universities are a business. Cold, hard, fact. Your money is in their hands. They can spend it however so they desire.

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3 thoughts on “where does all my collage tuition go?”

  1. it is spread through many things, such as water the grass around campus, keeping the campus looking nice, paying staff (not just profs). Keeping the buildings in order, electricity, heating/cooling, snow removal and the list goes on and on and on. tons of things that add up to a lot of money.

    think about this, if you have 10k students at your skol (small) and they are all paying (40k which is very high btw) thats 400 million. after all the things listed above, it all goes somewhere. also keep in mind that they have to profit.

  2. College (note: “collage” is a type of work of art – pronounced kuh-LAHSH – I don’t think you are asking about a work of art 🙂 ) tuition will vary from school to school. Tuition of $ 40,000 per year is near the high end of the U.S. college/university spectrum.

    Depending upon the college/univ., not all students are charged the full tuition nor is the full tuition paid, even with Federal student aid. Scholarships granted from a school’s own funds, help cut the cost of tuition for students, for one thing.

    In general tuition money is used to help pay:

    Salaries & benefits – of all campus employees – from the school president, teaching faculty, & all the support department staff, including paying the school’s share of the employees’ pension plans, health insurance, life insurance (if that is part of the employee benefits “package”) and any other employee “benefits” as explained in the school’s human resources policies (extra disability ins., selected professional membership dues, professional duty travel expenses, etc.) – just like any other employer.

    Library collection – traditional printed books and periodical subscriptions, electronic resources (including very expensive annual subscriptions to electronic databases and ebooks.) Example: In the 1990s when I was a college library director, I figured the budget money received from collected tuition each year paid for 3 new books for the library collection per enrolled student.

    Maintaining and upgrading teaching, support staff technology and library, including computers, software, Internet access, cable TV and legal recording licensing for teaching purposes, a wide array of scientific equipment so students will learn to use the most up-to-date technology, updated audio-visual technology for instructional purposes

    Maintaining, updating and adding new buildings – including paying off debt taken on to build new, current-technology buildings, including on-campus housing, plus costs to renovate existing buildings, renovations to improve access to disabled students, employees, & visitors. Examples: In the 1990s, the college where I worked had to run fiber optic cable throughout all the campus buildings in order to be able to connect to newly emerging Internet service. The roofs of 2 major buildings had to be replaced during that time period (close to 50 thousand dollars per building roof) & air conditioning replaced & installed (the library was not air conditioned until the late 1990s.) The 4-level library for the college where I worked in the 1990s had no elevator for people – only stairs. To install an elevator for disabled people to reach all 4 library levels cost over 100 thousand dollars. Those costs had to be funded by loans and then the school had to start repaying those loans, with interest added.

    Maintaining/improving the grounds – including regular lawn/plant maintenance, snow/ice removal, building new parking lots & structures and repairing existing ones, including the equipment to do the work – repairing it, buying new equipment

    Investments – to help pay for future improvements/renovations & to help pay for student scholarships & grants

    If a school is a for-profit/career proprietary college, then some tuition income (including money from Federal grants and student loans) goes to pay the regular dividends of shareholders (so they can make a profit.)

    This 2009 publication from the Delta Cost Project (Washington, DC), Trends in College Spending: Where Does the Money Come From? Where Does It Go?, goes into more detail on what collected college/univ. tuition funds are used for:
    * http://deltacostproject.org/resources/pdf/trends_in_spending-report.pdf

    If you wish to learn about the variations in college/univ. tuitions, I refer you to the publication Trends in College Pricing, 2011 from the well-respected College Board:
    * http://trends.collegeboard.org/downloads/College_Pricing_2011.pdf

    The tuition prices of taxpayer supported colleges/universities tend to be the lowest (community/junior/tax funded technical colleges and state funded colleges/universities.) Some private/independent non-profit colleges/universities tend to be on the high end of tuition ranges as are just about all for-profit/career/proprietary colleges/universities (which first and foremost are businesses with the main focus of earning profits for their shareholders.)

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    Best wishes

  3. College tuition is just the classroom instruction.

    The total costs of college are just how the programs are set up, going toward everything. Who knows where it all goes.

    Why do we pay millions for a pitcher in the major leagues or millions for an actor to do a movie.

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