Unemployment and education
- Thread starter krazykarl
- Start date
US tuition isn't as bad as I thought. Still too high at 13K - per year - for a good school:
http://en.wikipedia.org/wiki/College_tuition
Where does the money go?
Each student pays 13K a year for 10 classes.
So each class costs 1300$ per student.
Each class has roughly 50 kids (give or take).
So thats 65K a single class brings in (50 kids x 1300$ each = 65K).
Prof time is 5 hours a week (max) for 3 months = 60 hour total commitment for 1 class.
So between the University and the Prof, they take in 65,000$ for 60 hours of time.
Lets say a PHD makes 100K a year, teaching 25 Hours a week (5 courses per semester x 5 hours per course).
Also, lets assume these dog fuckers take Summers off for "research".
So, after 1 Semester and 5 courses taught:
Revenue......................325,000$
Less Prof Salary............50,000$
= 275,000$ Left over for the University!!
FROM 5 COURSES.
Seems like another huge ripoff.
Thats just 5 courses.
Major universities teach 50, 100, 200 courses per Semester....
http://en.wikipedia.org/wiki/College_tuition
Where does the money go?
Each student pays 13K a year for 10 classes.
So each class costs 1300$ per student.
Each class has roughly 50 kids (give or take).
So thats 65K a single class brings in (50 kids x 1300$ each = 65K).
Prof time is 5 hours a week (max) for 3 months = 60 hour total commitment for 1 class.
So between the University and the Prof, they take in 65,000$ for 60 hours of time.
Lets say a PHD makes 100K a year, teaching 25 Hours a week (5 courses per semester x 5 hours per course).
Also, lets assume these dog fuckers take Summers off for "research".
So, after 1 Semester and 5 courses taught:
Revenue......................325,000$
Less Prof Salary............50,000$
= 275,000$ Left over for the University!!
FROM 5 COURSES.
Seems like another huge ripoff.
Thats just 5 courses.
Major universities teach 50, 100, 200 courses per Semester....
I did. And factored that it in, Surdo.
25 Hours of class + 15 hours of research + summers off, for research.
Still universities are making hand over fist.
You could cut Prof time in half, pay 100K PER SEMESTER for 2 profs teaching 12.5 hours a fucking week, and the university is still PROFITING 225K FROM 5 COURSES.
You tell me where the money is going
haha.
Okay.
Lets say we've got two dog-fuck profs on the dole.
How many back-room admins do we need for 300 kids who occasionally pass through the "Registrars Office" (fond memories
to drop some course, change their major or file for convocation? Perhaps 1 full-time admin per 100 students?
So thats 3 full-time admins, making 40K a year, working 3 semesters = 13K per semester x 3 of them = 40K Admin expense for one Semester.
So thats 325K revenue (for 300 kids x 1 semester)
Less 100K for 2 PHD Loafers.
Less 40K for 3 Admin.
Thats 180K left over for the Football Team.
Not bad.