What's next for Toby Gerhart?... well, if he moves to Denver -
FrankO - 03-13-2016
great location, good employment opportunities to put his degree to work, and a less costly place to live, and still live very comfortably...
and he could then send his kids to Valor Christian...
yeah, Austin ok... but beastly hot from June-October
Re: What's next for Toby Gerhart? -
stupac2 - 03-13-2016
(03-13-2016, 10:59 AM)Langdude link Wrote:Quote:On the other hand, it is very clear to me that a new priviledged class is breaking away from the pack that now has access to "priviledges" like private education, which used to be accessible to upper middle and even middle classes.
I am curious about this. Like many here, I went to a public school growing up. My four kids are (or will be) in public schools as well, though we are lucky enough to live in an area with very good public schools. I am a professor at a smaller private liberal arts college, and many of my students went to private schools; I don't know the percentage that has, but it seems like a greater percentage than what I recall about my cohort at Stanford. It seemed that many of my friends at Stanford that went to prep schools were pretty wealthy. As far as my current students that are at private schools, I am not sure. However, despite my own experience, I accept the observation above that private primary or secondary education is less accessible.
Maybe those of you that know better than I about recent history of education or economics related to this issue can enlighten me. Is there an increasing gap (like there is in other parts of our society) between the rich and poor and private schools? Why? Has the tuition gone up a lot to make it more difficult for lower middle class families (like mine growing up) or middle class families (like mine now) to attend? If so, why? Is there less support for subsidizing tuition?
-m.
I'm not aware of any evidence that private schools lead to significantly different outcomes down the line, but I do know that public schools with more well-off parents lead to better outcomes (a quick googlin' seems to indicate that the same is true of private schools, the difference in performance is almost entirely compositional, not anything the schools do differently). I think that, at some point, you start to hit pretty serious diminishing returns. But the marginal utility of money being what it is, wealthy people have to spend on
something, and what better thing than your children? I've read some stories about pre-schools in NYC that cost more than I paid for Stanford...
Re: What's next for Toby Gerhart? -
stupac2 - 03-13-2016
(03-13-2016, 10:59 AM)Langdude link Wrote:Quote:On the other hand, it is very clear to me that a new priviledged class is breaking away from the pack that now has access to "priviledges" like private education, which used to be accessible to upper middle and even middle classes.
I am curious about this. Like many here, I went to a public school growing up. My four kids are (or will be) in public schools as well, though we are lucky enough to live in an area with very good public schools. I am a professor at a smaller private liberal arts college, and many of my students went to private schools; I don't know the percentage that has, but it seems like a greater percentage than what I recall about my cohort at Stanford. It seemed that many of my friends at Stanford that went to prep schools were pretty wealthy. As far as my current students that are at private schools, I am not sure. However, despite my own experience, I accept the observation above that private primary or secondary education is less accessible.
Maybe those of you that know better than I about recent history of education or economics related to this issue can enlighten me. Is there an increasing gap (like there is in other parts of our society) between the rich and poor and private schools? Why? Has the tuition gone up a lot to make it more difficult for lower middle class families (like mine growing up) or middle class families (like mine now) to attend? If so, why? Is there less support for subsidizing tuition?
-m.
I'm not aware of any evidence that private schools lead to significantly different outcomes down the line, but I do know that public schools with more well-off parents lead to better outcomes (a quick googlin' seems to indicate that the same is true of private schools, the difference in performance is almost entirely compositional, not anything the schools do differently). I think that, at some point, you start to hit pretty serious diminishing returns. But the marginal utility of money being what it is, wealthy people have to spend on
something, and what better thing than your children? I've read some stories about pre-schools in NYC that cost more than I paid for Stanford...
Re: What's next for Toby Gerhart? -
Rally - 03-13-2016
(03-13-2016, 08:19 PM)stupac2 link Wrote:[quote author=Langdude link=topic=14712.msg158443#msg158443 date=1457891985]
Quote:On the other hand, it is very clear to me that a new priviledged class is breaking away from the pack that now has access to "priviledges" like private education, which used to be accessible to upper middle and even middle classes.
I am curious about this. Like many here, I went to a public school growing up. My four kids are (or will be) in public schools as well, though we are lucky enough to live in an area with very good public schools. I am a professor at a smaller private liberal arts college, and many of my students went to private schools; I don't know the percentage that has, but it seems like a greater percentage than what I recall about my cohort at Stanford. It seemed that many of my friends at Stanford that went to prep schools were pretty wealthy. As far as my current students that are at private schools, I am not sure. However, despite my own experience, I accept the observation above that private primary or secondary education is less accessible.
Maybe those of you that know better than I about recent history of education or economics related to this issue can enlighten me. Is there an increasing gap (like there is in other parts of our society) between the rich and poor and private schools? Why? Has the tuition gone up a lot to make it more difficult for lower middle class families (like mine growing up) or middle class families (like mine now) to attend? If so, why? Is there less support for subsidizing tuition?
-m.
I'm not aware of any evidence that private schools lead to significantly different outcomes down the line, but I do know that public schools with more well-off parents lead to better outcomes (a quick googlin' seems to indicate that the same is true of private schools, the difference in performance is almost entirely compositional, not anything the schools do differently). I think that, at some point, you start to hit pretty serious diminishing returns. But the marginal utility of money being what it is, wealthy people have to spend on
something, and what better thing than your children? I've read some stories about pre-schools in NYC that cost more than I paid for Stanford...
[/quote]
I don't know how old you are, Stupac, but my first quarter, in 1965, tuition was $500.00 and room and board was $495.00. Might have been the other way around. I had $100 spending money for the 10 weeks of Fall quarter, which worked out fine. Except when I had to walk through 7 ft snowdrifts barefoot to get to class after milking Leland's cows. That was a bitch.
Re: What's next for Toby Gerhart? -
Rally - 03-13-2016
(03-13-2016, 08:19 PM)stupac2 link Wrote:[quote author=Langdude link=topic=14712.msg158443#msg158443 date=1457891985]
Quote:On the other hand, it is very clear to me that a new priviledged class is breaking away from the pack that now has access to "priviledges" like private education, which used to be accessible to upper middle and even middle classes.
I am curious about this. Like many here, I went to a public school growing up. My four kids are (or will be) in public schools as well, though we are lucky enough to live in an area with very good public schools. I am a professor at a smaller private liberal arts college, and many of my students went to private schools; I don't know the percentage that has, but it seems like a greater percentage than what I recall about my cohort at Stanford. It seemed that many of my friends at Stanford that went to prep schools were pretty wealthy. As far as my current students that are at private schools, I am not sure. However, despite my own experience, I accept the observation above that private primary or secondary education is less accessible.
Maybe those of you that know better than I about recent history of education or economics related to this issue can enlighten me. Is there an increasing gap (like there is in other parts of our society) between the rich and poor and private schools? Why? Has the tuition gone up a lot to make it more difficult for lower middle class families (like mine growing up) or middle class families (like mine now) to attend? If so, why? Is there less support for subsidizing tuition?
-m.
I'm not aware of any evidence that private schools lead to significantly different outcomes down the line, but I do know that public schools with more well-off parents lead to better outcomes (a quick googlin' seems to indicate that the same is true of private schools, the difference in performance is almost entirely compositional, not anything the schools do differently). I think that, at some point, you start to hit pretty serious diminishing returns. But the marginal utility of money being what it is, wealthy people have to spend on
something, and what better thing than your children? I've read some stories about pre-schools in NYC that cost more than I paid for Stanford...
[/quote]
I don't know how old you are, Stupac, but my first quarter, in 1965, tuition was $500.00 and room and board was $495.00. Might have been the other way around. I had $100 spending money for the 10 weeks of Fall quarter, which worked out fine. Except when I had to walk through 7 ft snowdrifts barefoot to get to class after milking Leland's cows. That was a bitch.
Re: What's next for Toby Gerhart? -
stupac2 - 03-14-2016
My nominal cost of attendance started ~45k and finished ~54k. What I actually paid was quite a bit lower, though the aid wars didn't really kick in until my sophomore year (and my brother started attending college too, which helped a lot), so my freshman year I had to pay a pretty substantial fraction of that, afterward not quite as much.
Pretty big difference between then and the stone ages, when mastodons roamed campus.
Re: What's next for Toby Gerhart? -
stupac2 - 03-14-2016
My nominal cost of attendance started ~45k and finished ~54k. What I actually paid was quite a bit lower, though the aid wars didn't really kick in until my sophomore year (and my brother started attending college too, which helped a lot), so my freshman year I had to pay a pretty substantial fraction of that, afterward not quite as much.
Pretty big difference between then and the stone ages, when mastodons roamed campus.
Re: What's next for Toby Gerhart? -
BostonCard - 03-14-2016
I was at Stanford during the steep portion of the tuition rises, in the mid 90's. Things started at around $8,000 per quarter for tuition, and ended close to $10,000 per quarter.
BC
Re: What's next for Toby Gerhart? -
BostonCard - 03-14-2016
I was at Stanford during the steep portion of the tuition rises, in the mid 90's. Things started at around $8,000 per quarter for tuition, and ended close to $10,000 per quarter.
BC
Re: What's next for Toby Gerhart? -
Rally - 03-14-2016
(03-14-2016, 08:56 AM)stupac2 link Wrote:My nominal cost of attendance started ~45k and finished ~54k. What I actually paid was quite a bit lower, though the aid wars didn't really kick in until my sophomore year (and my brother started attending college too, which helped a lot), so my freshman year I had to pay a pretty substantial fraction of that, afterward not quite as much.
Pretty big difference between then and the stone ages, when mastodons roamed campus.
Some of it is just relative. When the mastodons (we didn't worry about them; it was the saber tooth that could mess you up) and I roamed campus, gas was $.19/gallon, as was hamburger, mock chicken was a real thing because real chicken was more expensive, a bottle of Jack Daniels cost $4.75 (Black Label, not that cheap Green Label stuff) and Coquilles St. Jacques cost $2.75 at L'Ommies. When our son was born 5 years later I had to get a student loan to cover the uninsured portion of the hospital and doctor costs. $600.00. Upon GSB graduation a friend of mine bought a 3 BR in Palo Alto, and my uncle built a 2000 SF home on an acres of apricots in Los Altos Hills for $60,000. It was on Mandoli Lane; you could look it up. Same lot, VERY different house nowadays. My best job offer with an MBA was $16,000 plus a car; P&G offered me $12, and Target/Federated Dept. Stores offered $10.8. Of course we still had to walk through 10 foot snow drifts to collect the mail.
Re: What's next for Toby Gerhart? -
Rally - 03-14-2016
(03-14-2016, 08:56 AM)stupac2 link Wrote:My nominal cost of attendance started ~45k and finished ~54k. What I actually paid was quite a bit lower, though the aid wars didn't really kick in until my sophomore year (and my brother started attending college too, which helped a lot), so my freshman year I had to pay a pretty substantial fraction of that, afterward not quite as much.
Pretty big difference between then and the stone ages, when mastodons roamed campus.
Some of it is just relative. When the mastodons (we didn't worry about them; it was the saber tooth that could mess you up) and I roamed campus, gas was $.19/gallon, as was hamburger, mock chicken was a real thing because real chicken was more expensive, a bottle of Jack Daniels cost $4.75 (Black Label, not that cheap Green Label stuff) and Coquilles St. Jacques cost $2.75 at L'Ommies. When our son was born 5 years later I had to get a student loan to cover the uninsured portion of the hospital and doctor costs. $600.00. Upon GSB graduation a friend of mine bought a 3 BR in Palo Alto, and my uncle built a 2000 SF home on an acres of apricots in Los Altos Hills for $60,000. It was on Mandoli Lane; you could look it up. Same lot, VERY different house nowadays. My best job offer with an MBA was $16,000 plus a car; P&G offered me $12, and Target/Federated Dept. Stores offered $10.8. Of course we still had to walk through 10 foot snow drifts to collect the mail.
Re: What's next for Toby Gerhart? -
BostonCard - 03-14-2016
(03-14-2016, 03:51 PM)ferrari link Wrote:Some of it is just relative. When the mastodons (we didn't worry about them; it was the saber tooth that could mess you up) and I roamed campus, gas was $.19/gallon, as was hamburger, mock chicken was a real thing because real chicken was more expensive, a bottle of Jack Daniels cost $4.75 (Black Label, not that cheap Green Label stuff) and Coquilles St. Jacques cost $2.75 at L'Ommies. When our son was born 5 years later I had to get a student loan to cover the uninsured portion of the hospital and doctor costs. $600.00. Upon GSB graduation a friend of mine bought a 3 BR in Palo Alto, and my uncle built a 2000 SF home on an acres of apricots in Los Altos Hills for $60,000. It was on Mandoli Lane; you could look it up. Same lot, VERY different house nowadays. My best job offer with an MBA was $16,000 plus a car; P&G offered me $12, and Target/Federated Dept. Stores offered $10.8. Of course we still had to walk through 10 foot snow drifts to collect the mail.
I guess global warming is worse than I thought. Or maybe this was during the last ice age.
BC
Re: What's next for Toby Gerhart? -
BostonCard - 03-14-2016
(03-14-2016, 03:51 PM)ferrari link Wrote:Some of it is just relative. When the mastodons (we didn't worry about them; it was the saber tooth that could mess you up) and I roamed campus, gas was $.19/gallon, as was hamburger, mock chicken was a real thing because real chicken was more expensive, a bottle of Jack Daniels cost $4.75 (Black Label, not that cheap Green Label stuff) and Coquilles St. Jacques cost $2.75 at L'Ommies. When our son was born 5 years later I had to get a student loan to cover the uninsured portion of the hospital and doctor costs. $600.00. Upon GSB graduation a friend of mine bought a 3 BR in Palo Alto, and my uncle built a 2000 SF home on an acres of apricots in Los Altos Hills for $60,000. It was on Mandoli Lane; you could look it up. Same lot, VERY different house nowadays. My best job offer with an MBA was $16,000 plus a car; P&G offered me $12, and Target/Federated Dept. Stores offered $10.8. Of course we still had to walk through 10 foot snow drifts to collect the mail.
I guess global warming is worse than I thought. Or maybe this was during the last ice age.
BC
Re: What's next for Toby Gerhart? -
82lsju - 03-14-2016
Tuition rates, note the first seven are one entry per decade, from 1990-91 they are annual
Academic Year Tuition
1920-21 $120
1930-31 $300
1940-41 $345
1950-51 $660
1960-61 $1,005
1970-71 $2,400
1980-81 $6,285
1990-91 $14,280
1991-92 $15,102
1992-93 $16,536
1993-94 $17,775
1994-95 $18,669
1995-96 $19,695
1996-97 $20,490
1997-98 $21,300
1998-99 $22,110
1999-2000 $23,058
2000-2001 $24,441
2001-2002 $25,917
2002-2003 $27,204
2003-2004 $28,563
2004-2005 $29,847
2005-2006 $31,200
2006-2007 $32,994
2007-2008 $34,800
2008-2009 $36,030
2009-2010 $37,380
2010-2011 $38,700
2011-2012 $40,050
2012-2013 $41,250
2013-2014 $42,690
2014-2015 $44,184
2015-2016 $45,729
http://facts.stanford.edu/administration/finances
you can also look up tuition for your class year (looks like the year of graduation) at your SAA class page, see for example the class of '82 page here
https://alumni.stanford.edu/get/page/groups/overview/class/?group_id=0038990266
Re: What's next for Toby Gerhart? -
82lsju - 03-14-2016
Tuition rates, note the first seven are one entry per decade, from 1990-91 they are annual
Academic Year Tuition
1920-21 $120
1930-31 $300
1940-41 $345
1950-51 $660
1960-61 $1,005
1970-71 $2,400
1980-81 $6,285
1990-91 $14,280
1991-92 $15,102
1992-93 $16,536
1993-94 $17,775
1994-95 $18,669
1995-96 $19,695
1996-97 $20,490
1997-98 $21,300
1998-99 $22,110
1999-2000 $23,058
2000-2001 $24,441
2001-2002 $25,917
2002-2003 $27,204
2003-2004 $28,563
2004-2005 $29,847
2005-2006 $31,200
2006-2007 $32,994
2007-2008 $34,800
2008-2009 $36,030
2009-2010 $37,380
2010-2011 $38,700
2011-2012 $40,050
2012-2013 $41,250
2013-2014 $42,690
2014-2015 $44,184
2015-2016 $45,729
http://facts.stanford.edu/administration/finances
you can also look up tuition for your class year (looks like the year of graduation) at your SAA class page, see for example the class of '82 page here
https://alumni.stanford.edu/get/page/groups/overview/class/?group_id=0038990266
Re: What's next for Toby Gerhart? -
Treebound - 03-15-2016
Ouch!
Thanks for compiling the info. It looks like tuition has roughly doubled every 15 years over the last 30 years. Add to that the tuition that I'm paying for a local private high school and the cash flow keeps flowing (out)! I've told my kids that they are on their own for grad school!
Re: What's next for Toby Gerhart? -
Treebound - 03-15-2016
Ouch!
Thanks for compiling the info. It looks like tuition has roughly doubled every 15 years over the last 30 years. Add to that the tuition that I'm paying for a local private high school and the cash flow keeps flowing (out)! I've told my kids that they are on their own for grad school!
Re: What's next for Toby Gerhart? -
ColoradoTree - 03-15-2016
(03-15-2016, 09:53 AM)Treebound link Wrote:Ouch!
Thanks for compiling the info. It looks like tuition has roughly doubled every 15 years over the last 30 years. Add to that the tuition that I'm paying for a local private high school and the cash flow keeps flowing (out)! I've told my kids that they are on their own for grad school!
Nothing wrong with that, and while my kids are just 4 and 1, I expect we'll do the same thing my parents did with me (which was that they paid for college as long as I was working part time** to have a little skin in the game, and I was on my own for law school). I would think that the need to pay for one's own graduate education tends to focus the mind on what one really wants to do. At least, it did for me.Â
The public schools in our area of Denver are pretty good, so I don't feel the need to go the private school route. Not opposed to it (I went to Catholic high school myself, though that's certainly a different financial animal than some of the elite private schools), but if my kids can get an equally good HS education without me paying $20K or more per kid per year for it, I have a strong preference to save that money. ;)
**It didn't matter what I did, as long as I was getting paid for it, so I tried to do as many paying research assistant gigs as I could, which was really the best of both worlds.Â
Re: What's next for Toby Gerhart? -
ColoradoTree - 03-15-2016
(03-15-2016, 09:53 AM)Treebound link Wrote:Ouch!
Thanks for compiling the info. It looks like tuition has roughly doubled every 15 years over the last 30 years. Add to that the tuition that I'm paying for a local private high school and the cash flow keeps flowing (out)! I've told my kids that they are on their own for grad school!
Nothing wrong with that, and while my kids are just 4 and 1, I expect we'll do the same thing my parents did with me (which was that they paid for college as long as I was working part time** to have a little skin in the game, and I was on my own for law school). I would think that the need to pay for one's own graduate education tends to focus the mind on what one really wants to do. At least, it did for me.Â
The public schools in our area of Denver are pretty good, so I don't feel the need to go the private school route. Not opposed to it (I went to Catholic high school myself, though that's certainly a different financial animal than some of the elite private schools), but if my kids can get an equally good HS education without me paying $20K or more per kid per year for it, I have a strong preference to save that money. ;)
**It didn't matter what I did, as long as I was getting paid for it, so I tried to do as many paying research assistant gigs as I could, which was really the best of both worlds.Â
Re: What's next for Toby Gerhart? -
rudruff - 03-15-2016
Pretty sure that room and board (which I think are excluded there) have also increased with inflation during that same time. I know sometime in the late 80's a friend of mine noticed that out of pocket on campus (tuition and R&B) passed $20k.