<p>I'm assuming its worth paying the extra 2k to stabilize your tuition, but I just want to hear from everyone else.</p>
<p>What do you think>?</p>
<p>Is that $2k paid once, when you matriculate?</p>
<p>I just went back through my records on Albert.</p>
<p>For 2003-2004, tuition was $13383 per semester.
For 2004-2005, tuition was $14164 per semester.
For 2005-2006, tuition was $14945 per semester.
For 2006-2007, tuition was $15767 per semester.</p>
<p>I suppose you can draw your own conclusions. :) It would've been nice if I could've stabilized my tuition costs. I had a scholarship to go to NYU, but the scholarship didn't increase as tuition did.</p>
<p>From the NYU Website:
Tuition Stabilization Plan
Eligibility requires that you be a full-time undergraduate student. This plan may be used for up to 5 consecutive years or up to graduation (whichever comes first) to stabilize tuition/fees based on the semester that you join the plan. This plan does not cover summer semesters or part-time study.</p>
<p>There is a $1,000.00 cost per term associated with the plan.</p>
<p>For additional information please contact the Office of the Bursar at (212) 998-2806.</p>
<p>The Application also states this stabilization plan does not appy to room, board, or other fees. </p>
<p>Hrm. So over four years, my tuition cost was $116518. If I had stabilized at $13383 but had to pay an extra $1000 for eight semesters, my tuition cost would've been $115064. That would've saved me just under $1500. :/ I'm not impressed.</p>
<p>Thanks for doing the math on that shades. I was not in the mood to. And yeah, I was not impressed either. By my rough calculations there were a couple of years you would have definitely been in the hole by paying the TS fee. Now if it stabilized room and board costs as well that would maybe be a different matter.</p>
<p>But there's a limit to how much tuition can be...right? Like, it can't just indefinitely rise, it has to stop sometime?</p>
<p>Does the cost of living ever stay the same? What world do you live in. Of course costs will rise. Energy and pension/health costs will probably be the largest factors this year.</p>
<p>I live on here on Earth with everyone else, thank you very much. I just see college costs, particularly at NYU, coming to a breaking point, at least in relation to peer institutions (or at least hoping they come to a breaking point). I don't see how college will be affordable much longer for people if the tuition keeps on rising indefinitely...</p>
<p>Oh, and by the way, "What world do we live in" should be a question, not a statement. Why don't you start living in the world of correct punctuation when it matters?</p>
<p>don't forget to discount the cash flows. NYU plans to break even off this, assuming a 10% discount rate.</p>
<p>+1 for Stern.</p>
<p>Hey Junior:</p>
<p>Open your eyes. NYU's costs and expenses are going up just like their peers. Nobody is going to stop raising prices. The Ivy's may eliminate loans, but they will still raise their tution. Most colleges and universities out there cannot eliminate loans.</p>
<p>You are dreaming if you don't expect costs to rise. They are not near a breaking point. Historically over the last thirty years or so college costs have out-paced inflation, and it's not going to stop now.</p>
<p>That's why they admit more than will attend. You make up your on mind whether to pay their freight or not. Either way, they will fill the class size they need and want.</p>
<p>You can moan and groan all you want, it's not going to change the reality.</p>
<p>Well, highschool, I really don't want this to be a debate. All I'm saying is that I think that costs have to even out sometime, because schools (and especially a lot of private schools that have traditionally high price tags) want a diverse pool of applicants. With tuition going into the 50-60K marks, traditionally disadvantaged students (like URMs) are going to be even less able than now to afford to apply to these types of schools (or any school, for that matter, considering that costs are also going up at public schools). Ultimately, what I hope is that NYU and peer institutions also get the rise in scholarship/grant funds to help cover these rising costs for the neediest students, which I believe NYU is doing.</p>
<p>And no one is moaning and groaning. I got the funds from NYU to pretty much have me set for my undergraduate years, even with inflation, so I'm not complaining at all...I just feel sympathetic towards future applicants and those with similar financial/disadvantaged backgrounds, because I know how scary it is to apply to a really selective schools that I knew I couldn't afford without a lot of help. Stop being rude.</p>
<p>There are a number of studies that show that the average "net" cost to attend college has been very stable over the last 10 years. That means, that while the sticker price has increased at roughly twice the rate of inflation, so has the amount of financial aid, so the amount that the "average' student pays, after considering financial aid, has not increased much at all. So for the folks who do not get financial aid, the increases are significant, but more and more money is being awarded for those who can't afford the price tag.</p>