Stanford Says Rice, Yang to Play Key Roles

Stanford Says Rice, Yang to Play Key Roles - Printable Version

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RE: Stanford Says Rice, Yang to Play Key Roles - BobK - 08-13-2023

(08-13-2023, 11:58 AM)Maple Leaf Wrote:
(08-12-2023, 04:47 PM)81alum Wrote: Here is a solution: Yang endows Stanford football with a billion dollars, and Rice becomes our next AD. The football endowment generates more than enough to offset lower TV revenues, and since we are no longer dependent on TV revenues, we can schedule games at reasonable times and build the college experience on campus. We give football recruits the best educations and also the best of everything else in the nation. Eventually, we win enough to embarrass FOX and ESPN and the conferences they own. Then we decide for ourselves whether to remain independent or to become the premiere program in a conference that previously spurned us.

One can dream.

in addition to Yang's $1 Billion, the remaining BOT's to collectively match his billion with $1 Billion for not more involved/pro-active once the condoms and baby bears decided to leave.

Nice call Maple Leaf. Let’s put the guy who failed in charge again.

RE: Stanford Says Rice, Yang to Play Key Roles - TonyLima - 08-13-2023

(08-12-2023, 09:41 PM)chrisk Wrote:
(08-12-2023, 09:17 PM)cardcrimson Wrote:
(08-12-2023, 08:40 PM)chrisk Wrote:
(08-12-2023, 08:11 PM)cardcrimson Wrote: Question, what is the true cost of a scholarship? The variable costs of tuition have to be a fairly low percentage. Books probably pretty low as well. Room and board? 50%? So of the $70k total, perhaps only $10k is variable. . . .

Academic year undergraduate tuition alone for the coming year is $61.731. I found a quote from about 20 years ago that tuition covered about 60% of the actual cost. It is not clear whether that refers to the list tuition cost or the tuition net of scholarships. I assume it is the former.

Wait. You're saying that the cost of one student on the margin is $100k and the university is only charging $60k. Somethings amiss. I'd imagine that adding one student wouldn't increase costs much at all. . . .

The biggest cost is faculty which in the Stanford model is much more variable cost, than fixed. Stanford does not have as many very large lecture classes and uses more tenured faculty, compared to the large football factories.

During the Mesozoic Era I was a grad student in economics. I was a TA for Lee Bach teaching econ 1. Enrollment was about 400 iirc. When I taught intermediate macroeconomics I had about 125 students.

akiddoc - akiddoc - 08-14-2023

(08-13-2023, 07:01 PM)TonyLima Wrote:
(08-12-2023, 09:41 PM)chrisk Wrote:
(08-12-2023, 09:17 PM)cardcrimson Wrote:
(08-12-2023, 08:40 PM)chrisk Wrote:
(08-12-2023, 08:11 PM)cardcrimson Wrote: Question, what is the true cost of a scholarship? The variable costs of tuition have to be a fairly low percentage. Books probably pretty low as well. Room and board? 50%? So of the $70k total, perhaps only $10k is variable. . . .

Academic year undergraduate tuition alone for the coming year is $61.731. I found a quote from about 20 years ago that tuition covered about 60% of the actual cost. It is not clear whether that refers to the list tuition cost or the tuition net of scholarships. I assume it is the former.

Wait. You're saying that the cost of one student on the margin is $100k and the university is only charging $60k. Somethings amiss. I'd imagine that adding one student wouldn't increase costs much at all. . . .

The biggest cost is faculty which in the Stanford model is much more variable cost, than fixed. Stanford does not have as many very large lecture classes and uses more tenured faculty, compared to the large football factories.

During the Mesozoic Era I was a grad student in economics. I was a TA for Lee Bach teaching econ 1. Enrollment was about 400 iirc. When I taught intermediate macroeconomics I had about 125 students.

In the 70’s, I took a few classes with fewer than 10 students.

RE: akiddoc - TonyLima - 08-14-2023

(08-14-2023, 01:39 AM)akiddoc Wrote:
(08-13-2023, 07:01 PM)TonyLima Wrote:
(08-12-2023, 09:41 PM)chrisk Wrote:
(08-12-2023, 09:17 PM)cardcrimson Wrote:
(08-12-2023, 08:40 PM)chrisk Wrote: Academic year undergraduate tuition alone for the coming year is $61.731. I found a quote from about 20 years ago that tuition covered about 60% of the actual cost. It is not clear whether that refers to the list tuition cost or the tuition net of scholarships. I assume it is the former.

Wait. You're saying that the cost of one student on the margin is $100k and the university is only charging $60k. Somethings amiss. I'd imagine that adding one student wouldn't increase costs much at all. . . .

The biggest cost is faculty which in the Stanford model is much more variable cost, than fixed. Stanford does not have as many very large lecture classes and uses more tenured faculty, compared to the large football factories.

During the Mesozoic Era I was a grad student in economics. I was a TA for Lee Bach teaching econ 1. Enrollment was about 400 iirc. When I taught intermediate macroeconomics I had about 125 students.

In the 70’s, I took a few classes with fewer than 10 students.

So did I but they were graduate seminars.

RE: Stanford Says Rice, Yang to Play Key Roles - Canalejas - 08-14-2023

In the early 2000s (as an undergrad) I had a seminar with maybe 10 people in it. It almost didn't get scheduled for that quarter but at the last second a GSB prof was found to teach it. It was great. We brought food every week.

I also took a class which had closer to 30 people in it, but I was the only undergraduate. Luckily for me, the professor in that one saw it fit to grade me as a class of 1, so I guess you could say that I set the curve =)

RE: Stanford Says Rice, Yang to Play Key Roles - fullmetal - 08-14-2023

We had freshman seminars or sophomore seminars that were designed to be small classes with high faculty interaction. Those were a pretty awesome experience, although they didn't count for a whole lot in terms of requirements. The famous Galapagos Islands trip class was an immensely sought-after freshman seminar, iirc.