Insanely high grad school tuition

A graduate degree from a big-name school can pay off in the long run. The brand-name diplomas, however, come at a high price: more than $100,000 a year at some of the priciest schools.

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46Comments
Sep 18, 2013 9:00PM
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Totally and greedily (not a word I know) insane of the schools to charge such ridiculous prices and some of the people graduating are not even that smart.  Some of the professors are not that bright either.  Greedy, greedy schools!!!!
Sep 19, 2013 12:11PM
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To quote Judge Smails from "Caddyshack":

 

"The world needs ditch diggers too."

 

All kidding aside, going to college is a great thing and there's no argument that the more educated you are the more money you're likely to make.  However, too many students are being pushed toward college (many of whom don't have the desire or the wherewithal for it and end up dropping out) and there simply aren't enough jobs befitting their education level available to them when they graduate.  What's needed is a network of trade schools similar to what they have in Europe, where students are steered towards vocational courses that give them the skills for well-paying jobs that don't require a college or post-graduate degree.  The problem with the U.S. education system is that once a kid gets to high school he's told "College or bust."  It's either go on to college or enter the work force with no vocational skills and be doomed to a lifetime of dead-end, low-pay jobs and welfare dependency. 

Sep 18, 2013 10:15PM
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I agree with jackson 384 plus fact that there are plenty of excellent quality foreign schools that put out just as well educated and successful people for 10-20 % of the cost of US schools.  Good jobs in america go to people who know the right person not for what they know ... just look at the us congress and senate ..100's of stupid people with a great job.And they do nothing to get the benefits they get. And the same can be said for 60% of the CEO's of american companies.  All about who you know not who is the most talented or qualified person.  Most of them over-paid morons.
Sep 18, 2013 9:36PM
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Higher education is a business and business is good.......selling and I do mean selling useless degrees......brainwashing kids into believing if they don't have them they will be useless.....and having the backing of the US government to be able to keep you as an indentured slave until all of those loans both federal and private are paid off.  The US today sucks!!!!  I am an American and not proud of my country anymore.  Higher education should be free, that's not socialism its called a good investment. I

Sep 18, 2013 10:57PM
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My daughter finished grad school in May, and her fiance graduated from law school in May also. They both had to take out loans, and worked very hard in school.  Yes they are in debt, but they both landed great jobs that allow them to pay off their debt while enjoying a nice apartment and lifestyle. Neither of them had any connections; they just set goals and worked very hard to achieve them.  This is still possible in the USA, and while I don't agree with everything our government does, I am very proud of my country and to call myself an American.

Sep 19, 2013 5:34AM
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Fewer lawyers in the world is a bad thing??  They're like tapeworms feeding off a host.
Sep 18, 2013 11:28PM
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The U.S. no longer produces real goods, so now it is producing "fool's gold." 
Sep 18, 2013 9:14PM
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And all you get for your $400,000.00 in 4 years is a bag full of receipts and  piece of paper that says you sat in class for umpteen number of hours. What a SCAM!!!
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Wow! Tuition and other costs are almost impossible to repay over the course of 20 years!

 

I did not apply to an "Ivy" school, but have received a double under-grad, 2 Summa cum Laude Masters while pressing on into my Doctorate at the total cost (so far) of 120K - all the while working full time! They were accomplished at what the "industry defines non ivy or B schools," such as State Colleges or Universities - but granted, they are fine establishments and the Programs will have you second-guessing "why on earth did I pursue this . . ." Meaning - DIFFICULT and CHALLENGING!" LoL!

 

Whether you are pursuing your under-grads, grads or post-grads, it is absolutely doable!

 

Your level of studies are your choice - go for it! :)  An "Ivy" was not feasible for me . . . and the cost factor was the nail in that coffin (for me). However, others may deem "Ivy" the best fit for their goals! Either way - KUDOS to anyone who decides what's best for them with respect to studies - freedom of personal choice!

Sep 19, 2013 10:05AM
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the  dopes   that  "run"  these  colleges   have  no  shame.  it is  bad   news  at  all  levels  of  post  high school  education.   talking  to  technical  school  students  I  know  it   is  about  $8500  to  obtain  an  associate  degree.  that  is  seven  times  what  I  paid  for  my  degree  32  years  ago.  wages  have  gone  up  no  where  near  seven  times  in  the  last  32  years.
Sep 19, 2013 8:39AM
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Forget insurance, room & board - those are expenses you have whether you are in college or not. 
Sep 24, 2013 2:51PM
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It's time to start questioning our inherited identities and start thinking for ourselves.
These colleges are programming more business 'professionals' into robots to tout the
corporate agendas of our fraud based economy.  The last thing we need are more Harvard grads.
How about some free thinkers. I'm sick of this ****!  And you should be too!

Sep 24, 2013 1:41PM
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First of all law school, medical school, an MBA or computer science are NOT the only graduate degrees available.

Secondly, your reason for going to grad doesn't have to be all about the money you will earn.  Some people, like myself go to grad school for the sheer joy of learning and for the accomplishment. The job after grad school is not so important to me.

Thirdly,  there are fields that actually pay you a stipend to go to grad school full time, not a huge stipend mind you, but you also get your tuition paid by the department.  
Sep 24, 2013 2:40PM
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With the excuse that everything smells like comunism, we are being stupified by the corporations to make less money, have less vacation and force families into poverty to send kids to school. Why is so bad to follow european models? I don't see any signs of comunism in Europe, in the mean time most of the workers get 5 weeks off, mostly free and GOOD health care (paid by taxes, I am not naive) and in France, free education. Here, we can send people to Mars, but God forbid we need money to repair a school, there is never money for that. 
Sep 24, 2013 2:10PM
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Harvard was mentioned twice yet who wants to send their child to Harvard when this Higher Ed school promotes Cheating among its students without the risk of expelling the cheaters!!

 

Also to all who seek high dollar careers such as Law and Medicine, if you want these degrees for the money you may receive by literally ripping clients and patients off over that of representing the laws of this land and the clients rights then don't go into law.

 

IF you wish to go into Medicine for the high salary then you have already failed your patients, thus need to find another profession of interest!

Sep 24, 2013 3:54PM
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While I'm surprised to see the prices listed here, I'm not surprised by the names. You hear them all the time when a successful person's background is mentioned. Maybe these prices are excessive, I don't really know.

It's more concerning how little difference there is in these "brand-name" schools and the "generic" schools churning out unremarkable graduates in the thousands. My state university costs between 30,000 and 50,000 a year (in-state/out-of-state) for a graduate program that won't turn any heads. Don't get me wrong, maybe there's value in it, but I can't help thinking it's a little like charging Mercedes prices for a Honda Civic.
Sep 18, 2013 10:54PM
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400k which comes to about 600k you would have to earn to pay for an education that's pays 51k ...
Sure makes cents to me! 
Sep 24, 2013 2:54PM
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Don't worry 1%, mommy and daddy money bags will just cut you another check for next semester. Best education money can buy. Being a billionaire, another $65k shouldn't be a problem.
Sep 24, 2013 2:32PM
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 go find out how much these schools have in endowments to better understand these people are thieves.

 

if you want believe a Leftist indoctrination and a crash course in moral stupidity is worth a 6-figure debt, more power to you.

Oct 2, 2013 5:11PM
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MIT is MIT, folks, with the best computer designers and reserchers in the world. With Law Schools you are paying for connections.

 

The private medical schools are overpriced, though. As an MD myself, my suggestion is---go to Texas, work for a year full time, get State residency. Apply to the Medical Schools there. The cost of 4 years of Instate tuition at UT Houston, getting to see patients at MD Anderson, is less than 1 year at Harvard. Study hard, get good grades, and do your RESIDENCIES (which is what really counts anyway, not Medical School) at the prestigious residency of your choice.

 

Example: me. I did my medical school training at UTMB, in Galveston (home to the State Charity Hospital). But to be trained as a Psychiatrist, after 4 years of college and 4 years of Medical School, I did 4 Years of Residency training (Yeah, that's 12 years of school, folks--and your surgeons can do up to 5 years more. OF TRAINING.) at an UCLA program. My residency certificate therefore is UCLA. I am therefore an UCLA trained psychiatrist. See the difference?

 

NO MEDICAL STUDENT is going to be doing complex procedures anyway. All US Medical schools offer essentially the same training. The difference comes in the Residency programs. And you know how many patients have ever asked where I trained? Almost none. I can't remember the last one.

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