CalBears96
Well-known member
Entrepreneurs, sure, but employees? In fact, employees benefit more since theat means fewer competition. Either way, it helps tax payers more than hurts.
2025 Top Public Colleges & Universities
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The higher tuition paid by international students doesn't increase the ROI for taxpayers one bit, because every dollar invested in education has a multiplier effect that leads to higher productivity for those future workers. If those workers are fleeing to another country, we are investing in that country's future economy. It would be best for taxpayers to pay a little more to educate American students and therefore, to benefit from that multiplier effect on our nation's future productivity.
In other words, the higher investment paid by taxpayers will be repaid many times over IF those workers stay in the country.
Loco_local
Active member
Turning away students with a 4.0 and near perfect SAT in favor of educating foreign students who don’t even stay in the US after graduation doesn’t seem like a good investment for a public university. If they were having problems filling seats I could understand the logic. Admitting a student from China just because his parents have more money than a Chinese American who went to a competitive local high school seems like a poor investment choice for the state of California.
Liar Loan
Well-known member
The ROI tax payers are supposed to get includes a well-educated workforce, which helps grow the economy. The theory behind admitting international students is that they too will stay and help grow our economy, but if they are mostly leaving for their home countries and taking their UC education with them, it doesn't benefit taxpayers.
The higher tuition paid by international students doesn't increase the ROI for taxpayers one bit, because every dollar invested in education has a multiplier effect that leads to higher productivity for those future workers. If those workers are fleeing to another country, we are investing in that country's future economy. It would be best for taxpayers to pay a little more to educate American students and therefore, to benefit from that multiplier effect on our nation's future productivity.
In other words, the higher investment paid by taxpayers will be repaid many times over IF those workers stay in the country.
CalBears96
Well-known member
Engineering students from top UCs would rather stay in Silicon Valley than returning to China and they have no problem obtaining H-1B visas. In fact, I would say that rich Chinese parents would want their kids stay in the US rather than returning to China. That's why FCBs are scooping up homes in Irvine.
But the main point is, public universities are funded by tax payers, and funds are limited. It must come from somewhere, so a compromise is needed, whether it's international students or out of state students.
But the main point is, public universities are funded by tax payers, and funds are limited. It must come from somewhere, so a compromise is needed, whether it's international students or out of state students.
panda
Well-known member
On the right is the ranking of the Top public universities. In the left I have ranked the public Universities by the lowest acceptance rate. Georgia Institute of Technology is now the 3rd most difficult Public University to get into. I attended University of Michigan as an undergrad and I believe Georgia Institute of Technology will become the 3rd best public university in the U.S.
University of Florida is also an emerging university where the applicants pool have grown expontially over the years. There were 38,069 applicants in 2020 and this number has almost doubled to 67,000 in 2022.
University of Florida is also an emerging university where the applicants pool have grown expontially over the years. There were 38,069 applicants in 2020 and this number has almost doubled to 67,000 in 2022.
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panda
Well-known member
I look at cost of College attendance similar to that of Investment Properties.
This is what I consider to be an emerging public University on the rise. University of Georgia is really undervalued (Under the Radar) in my opinion. Eventually the acceptance rate at UGA will be in the mid teens, rivaling the top public universities : UNC, UMich, UVA, Cal, and UCLA. UGA's applicant pool will reach 100,000 by 2035.
https://medicine.uga.edu/ The University of Georgia's (UGA) School of Medicine is expected to open in 2026
This is what I consider to be an emerging public University on the rise. University of Georgia is really undervalued (Under the Radar) in my opinion. Eventually the acceptance rate at UGA will be in the mid teens, rivaling the top public universities : UNC, UMich, UVA, Cal, and UCLA. UGA's applicant pool will reach 100,000 by 2035.
https://medicine.uga.edu/ The University of Georgia's (UGA) School of Medicine is expected to open in 2026
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Imnotmoving
Member
I have heard so many people regretting the amount of time and money college required. If they had invested the same time and money into starting their own business it works out about the same down the road. College isn’t the prestigious thing it used to be. Time is the luxury we all want and creating your own business around your life is a great goal.
panda
Well-known member
This is from the book "Smart Money, Smart Kids" Dave Ramsey wrote with daughter in 2014. Page 161 starts out the Title as "Don't cross the State Line." For those of you who don't know Dave Ramsey, he is a very wealth man who lives in Nashville, Tennessee. If he sent all three of his children to USC, the Tuition, Room and Board cost wouldn't hardly have a dent on his net worth, sort of like buying three biscuits.
Read the story from his daughter's prespective.
Rachel: As my brother, sister, and I got older, Mom and Dad started having the college talk with us. My parents obviously......
Read the story from his daughter's prespective.
Rachel: As my brother, sister, and I got older, Mom and Dad started having the college talk with us. My parents obviously......
panda
Well-known member
My best friend whom I grew up with went to Harvard and his son is currently a Sophomore majoring in Computer Science at Harvard. This is the advice he gave me.
"Panda, I would have said that majoring in Computer Science would have been the Golden Ticket prior to the explosion of AI. Now AI can program as well as if not better as any other college student majoring in Computer Science.
I think a practical undergraduate business education, not a theoretical one, and understanding how to build one's own business (Entrepeneurship Skills) seems like right way to guide our children's education for the future.
"Panda, I would have said that majoring in Computer Science would have been the Golden Ticket prior to the explosion of AI. Now AI can program as well as if not better as any other college student majoring in Computer Science.
I think a practical undergraduate business education, not a theoretical one, and understanding how to build one's own business (Entrepeneurship Skills) seems like right way to guide our children's education for the future.
panda
Well-known member
Remembrance:
Back when I was attending college in the mid 90s, in-state tuition for Michigan residents were $6,212 and out-of-state tuition was $18,418. I went to high school in the suburbs of Chicago so my father had to pay out of state tuition for my attendance.
Being an Asian dad, he never mentioned to me the cost of attendance (Out-of-State) while his business was struggling or tried to convince me to study Business at University of Illinois Urbana/Champaign (In-State $5200).
I don't think like an Asian Dad. I have the mindset of a White Dad when comes to college attendance. What amazes me is that the out-of-state tuition my dad paid for at UMich 30 years ago is $7,000 more than the in-state tuition at Georgia Tech and University of Georgia Today.
Today the Out-of-State Tuition to attend UMich is $63,081 per year. This price tag is absolutely ridiculous in my opinion to attend a State University. Even for the Ivys (Non-STEM, Liberal Art Majors), I question the ROI on the investment.
Back when I was attending college in the mid 90s, in-state tuition for Michigan residents were $6,212 and out-of-state tuition was $18,418. I went to high school in the suburbs of Chicago so my father had to pay out of state tuition for my attendance.
Being an Asian dad, he never mentioned to me the cost of attendance (Out-of-State) while his business was struggling or tried to convince me to study Business at University of Illinois Urbana/Champaign (In-State $5200).
I don't think like an Asian Dad. I have the mindset of a White Dad when comes to college attendance. What amazes me is that the out-of-state tuition my dad paid for at UMich 30 years ago is $7,000 more than the in-state tuition at Georgia Tech and University of Georgia Today.
Today the Out-of-State Tuition to attend UMich is $63,081 per year. This price tag is absolutely ridiculous in my opinion to attend a State University. Even for the Ivys (Non-STEM, Liberal Art Majors), I question the ROI on the investment.
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