Price of UVa

Colleges & Universities University of Virginia
21

<p>You are playing a little fast and loose with numbers, sir/ma’am.</p>

<p>The estimated out-of-state cost (including Tuition, Room, Board, Expenses, Books and supplies) is $33,414. To get from there to 38,000 is a bit of a leap. If you are counting pennies, 4600 isn’t pocket change, with all due respect. While the anchoring and adjustment heuristic may make it seem little different, it isn’t.</p>

<p>Also, the reason in-state people get a break on tuition has to do with the fact that they pay taxes in the state. That goes for every state. It isn’t arbitrary.</p>

<p>Part of making a state institution “good” is making it accessible. It is part and parcel of the State’s obligation to its citizens. To make it inaccessible except to those fortunate enough to be born to wealthy parents violates the implicit trust relationship between the state and the people who live in it and support it.</p>

<p>Also, you sound rather angry/bitter. Why is that?</p>

22

<p>I love the 33,414 number. Ask any parent who isn’t counting pennies if it comes to that. Remember, that room and board figure doesn’t stay that low after your first year. Also, that doesn’t account for other things you may do while at school.</p>

<p>My expenses come to</p>

<p>Tuition for OOSers 25,000/year<br>
Rent is 500/month 6000/year.<br>
Utilities 600/year
Books 800/year (the 1000 is high as most people sell their books back)
Food 3600/year (corner meal plan)<br>
Travel 300/year (gas to and from Jersey)
Frat dues 1650/year
Spending money 3200/year (about 400 a month/8 months)
Spring break 800-1000/year
Beach week 400/year</p>

<p>Grand total 42,350/year</p>

<p>One of my best friends goes to Georgetown, and I wouldn’t be surprised if his parents are dropping over 50,000 a year. College costs are a lot higher than what the website says.</p>

<p>While I know I’m not in the norm for what people spend, a lot of people spend this much and more. UVa isn’t cheap. I guess I’m blessed my parents don’t make me pay for any of this, but still - its an expensive school without a doubt.</p>

<p>And I don’t mean to sound angry, I’ve just encountered a bunch of instaters who A) don’t think UVa is that great of a school, it’s just a state school B) wonder why someone not from virginia would go to UVa C) Don’t care how good UVa is as long as its cheap. I for one am sick of that attitude. I don’t want UVa to consistantly be sliding off as I get older. Believe me, my mother attended bridgeport for undergrad when it was one of the premier private schools in the country (back in the 60s). I bet none of you have even heard of the school. She’s embarrassed to tell people she even went there. While what happened to bridgeport isn’t going to happen to UVa, I would be mortified to see UVa turned into just “another state school.”</p>

23

<p>Jags, you’re right about some things. As one who pays the bills, I certainly do chuckle when they quote “estimated” expenses down to five significant digits. (Rest assured, however, the bill is calculated down to the penny!)</p>

<p>I know the Cavalier Daily speculated about 10% increases (I had not heard the 15% number–a reference would help for those interested in this issue.) My 8% number comes from the mouth of President Casteen at Family Day last October. One parent asked how fast it will rise, and that’s what he estimated. </p>

<p>I very much doubt that in-state tuition will rise to equal out of state tuition. There is no state in the union that does this. I do believe UVa will establish a high-tuition, high-aid model. In-state students will face a relatively high “sticker” price for tuition, but parents of limited means will get an aid package. </p>

<p>For parents like me, who paid for college by saving for it, such a policy would be a major kick in the butt. All that savings will offset any aid you might get, and you will be forced to pay a higher price. Keep in mind, this will not apply to me–I’m at the end of this roller coaster. It applies to you who are getting started. You will have children one day, and face the issue of how to fund their education. If universities don’t start holding down increases in costs, everybody will be graduating with crippling debt.</p>

24

<p>Jags: Understood</p>

<p>Redbeard: Well said</p>

<p>For the record: I pay my own tuition. And taxes. :)</p>

25

<p>Jags86, I know what you mean. I get irritated too when people think UVa is just some random state school with no knowledge of its history and stellar academic programs. </p>

<p>Nonetheless, I don’t think you’ll have worry about UVa becoming just “another state school.” Your fellow students and alums will make sure that won’t happen. Plus, I’m happy to say that UVa has already raised close to $900 million of its $3 billion goal after only a year and half of fundraising (and it’s still in the “quiet” phase - meaning most of the fundraising is being done behind the scenes.) Once the public phase begins in Summer 2006, UVa will raise more money at an an even higher rate. (That was the case with the last capital campaign.) Though the current campaign is supposedly terminating at the end of 2011, UVa will probably surpass its $3 billion goal in either 2009 or 2010.</p>

26

<p>I get irritated, too, Globalist/Jags. Ugh. Not to mention, we don’t even get the benefit of grade inflation. At least not in my classes. sigh…</p>

<p>All I was trying to do, by the way, was to lay out both sides of the argument for/against. It is easy for me to say “I got off easy, now <em>f</em> everyone else,” but that’s no way to be. Idealism comes hard for me. I’m sorry if I do it clumsily.</p>

27

<p>I don’t think UVA is backing off the Charter thing… they have this very nice webpage all about it and the benefits it will bring: <a href=“http://www.virginia.edu/restructuring/[/url]”>Search;

<p>and jags… you could easily do without $1500+ in fraternity dues, $400 spending money a month (seriously, that’s a crap load), the $1000 spring break trip, and beach week.</p>

28

<p>Redbeard, I guess the number was 10%, I was referring the Cav Daily article, but I was just going by memory. I guess I thought it was 15% for some reason. Also, I meant that the in-state tuition would rise dramatically being comparable to out of state, not equal. If instaters end up paying say 20000 a year for tuition and oosers stay at 25000, I would call that comparable. Sort of how the law school tuition for instate is less than out of state, but still comparable to private law schools.</p>

<p>And soccerguy, I understand those expenses arn’t actually required or anything, and I know not everyone spends $800 on spring break. But I would gander and say that the cheapest spring break comes to about 500 (and unless you’re either completely broke or have no friends, you’ll go on spring break), and If your in a fraternity, you’re dues will be something like that. (some are more, some are less). Considering 35% of the student body is Greek, I think its safe to assume that those could be legitimate expenses. But regardless, take away spring break and frat dues. I spend alot of money, I’m aware. Bars arn’t cheap ya know? :slight_smile: But anyway, drop your spending to 100 a month. You’re still at about 37,500 a year. Thats still at private school costs. And maybe I’m just being naive, but for someone who flips the bill, does 37500 and 40000 really make that big a difference? Somehow I find it hard to imagine that if you can come up with 37,500 a year, then coming up with 40,000 is going to be a huge deal.</p>

29

<p>I do not find $100/wk in walking around money or $1000 for a Spring Break at all unusual. Probably realistic for the average middle-class student.</p>

30

<p>lookinf4aschool, you really should consider UT-Austin. That is an excellent school and very affordable option for you as an in-state resident. (I graduated from UT, so admit my bias.) As for salaries, I think it depends a lot more on the kid than the school. I hire interns every year (some from schools like Duke and Amherst and some from local schools like JMU and Virginia Tech). The one with the highest paying job out of undergraduate school in the past five years will be the Tech graduate this spring. We know because we lost him in a bidding war with another firm. He is an awesome kid who deserves every cent, but he didn’t make his final decision on salary alone – a true sign of intelligence in my opinion.</p>

31

<p>you people type too much and I cant read good…</p>

<p>if i get into UVA instate, will my fees go up alot or no?</p>

32

<p>gandhiji you bhanechod :)</p>

33

<p>Thrills4ever…haha…I too grew up in Africa, and like you, I’m Asian.</p>

34

<p>Gandhiji</p>

<p>your fees will go up, no one can tell you how much. Probably about on par with what has been happening the last few years. Don’t expect a ridiculous jump like the one Richmond just pulled on its students.</p>

<p>jags (any chance that refers to a hockey player? just curious)</p>

<p>A lot of my friends go home for spring break to northern va (aka we aren’t “broke”). But essentially, if you (your parents) are paying mulitple thousands for a fraternity and trips, as well as thousands of dollars of spending money, you aren’t struggling to pay for your education. I do agree that a [n out of state] UVA education costs a lot, but you’re attending one of the best schools in the country, and you have to pay more out of state just like at any other state school, because you don’t pay taxes to support it.</p>

<p>Barrons</p>

<p>I think we have different views of what the middle class is. The median household income in 2004 was $44,389 according to <a href=“http://www.whitehouse.gov/fsbr/income.html[/url]”>http://www.whitehouse.gov/fsbr/income.html&lt;/a&gt; How many people at UVA do you think come from households with that level of income? (All the CavDaily links to the story about 60% of students coming from houses making $100,000 or more (that I could find) were broken.) Probably not very many at all (I’m sure it’s about the same percent at W&M - too low). And I assure you that the students who DO come from houses are like that are not going on exotic spring break trips and spending Mr Franklins like they are Mr Washingtons. Maybe you were refering to UVA middle class.</p>

35

<p>You’re right about W&M and UVa. I read in an article a couple days ago that less than 10% of UVa and William & Mary students are economically eligible for Pell Grants. Why? It’s because 58% of UVa students come from families w/ yearly incomes between $100K-$199K, while 21% have family incomes over $200K/year. (I don’t know W&M’s figures.)</p>

<p>To encourage more economic diversity, UVa is trying to attract more poor and middle class students through AccessUVA.</p>

36

<p>gandhiji did you apply to UVA?</p>

37

<p>Soccerguy,</p>

<p>jags is just a nickname ive had since i was little. </p>

<p>Barrons is correct in his ascertation for what middle class is. There is a HUGE range to be considered middle class. While there is no actual definition of what middle class, the lower bar can be set at 200% poverty line, or about 38,000/year to in one study as high as 400,000/year. while that 400,000/year may seem high, apparantly you arn’t upperclass or rich until you can earn 400,000/year solely off investments.</p>

<p>Where I live, “middle class” is considered like 150,000-250,000 a year - even though that puts you in the top 5% of income earners in the country. However, if I lived in north dakota or someplace where the cost of living is extremely low, we could make say 70,000 a year and still have the same lifestyle as we have in new jersey.</p>

<p>Northern Virginia, where most kids at UVa come from (and i believe where barrons is from, if im not mistaken), is one of the wealthiest parts of the country. I wouldn’t be surprised if middle class there was considered at least 100,000+. For him and me, middle class students can afford things like spring break and such. You are right that like 60 or 70% of UVa students parents make like 100,000+ and I believe 25% make 200,000+. So, I think its very plausible to say that most middle class students at UVa can afford those things.</p>

<p>Also, I’m not complaining that UVa is expensive, I was just stating that it is already at private school cost for 1/3 of its students, so none of us would care if it went private or whatever other name you want to call it. And instaters - chillax, please, whatever taxes you’re paying - its not covering the 15,000 discount a year you’re getting at UVa from the rest of us. Remember, we’re picking up your slack
:-P.</p>

38

<p>Neurotic,
“The estimated out-of-state cost (including Tuition, Room, Board, Expenses, Books and supplies) is $33,414. To get from there to 38,000 is a bit of a leap. If you are counting pennies, 4600 isn’t pocket change, with all due respect. While the anchoring and adjustment heuristic may make it seem little different, it isn’t.”</p>

<p>…Gotta love PSYC215. Willingham/Jaswal, whoever you had, would be proud.</p>

39

<p>Jaswal. Got an A. :)</p>

40

<p>Middle-class to me is a step up from working class and would mean the 65th-90th percentile in income. Of course $75K in Montana is a lot more than $75K in Boston/NY/LA so you need to adjust by location. It’s not exact.</p>