Bradley Financial Trouble

[gobirds85]

Yes, I think there is a lot of Merit your argument. Online classes are not the same experience and should be delivered at a cheaper price. The challenge with the universities giving back money is that their costs are mostly fixed. They still have to pay for the buildings, professors, added infrastructure to support E-learning etc. I can't see schools giving much back in tuition this year.

Sadly, I believe you are going to be correct on this point. I am hopeful we can some reduction in next year's tuition bill. We are down to nine payments and then we are done. I will not be contributing $1 to her university, even as their alumni association contacts me on a monthly basis. I tried to explain to them that neither my wife or myself are alums. They don't seem to understand that.

As the parent of a student/alum, you are considered family. That's why they contact you and will continue to do so. ISU cannot afford to ignore any paths to gaining funds. I am an alum, the spouse of an alum, and the father of an alum. Took a few years to convince them that they only needed to contact me once, rather than three times for each campaign message.

As for the online experience, I obtained my masters (not at ISU) thru a combo of online and on campus classes. Some professors are really good at online teaching. Some try hard. Some suck. But the same is true for physical classroom teaching. Universities are notoriously bad for actually teaching profs how to teach. Then again, many profs wouldn't take well to being told how to teach "their" material. Ego often comes with the doctoral distinction (believe me, I grew up around academics who stressed their "superior" knowledge . . . though it just told me which were idiots).

Keep in mind that many of the professors were thinking the same thing the students were, "hey, I didn't sign up for this." Like some students, those profs probably were unprepared to take on this new reality, and some were unwilling. Additionally, it was a very quick turnaround for them to adjust how they presented their material.

All that said, you should contact the appropriate dean to make them aware of professors who've "phoned it in". But also make them aware of professors who've exceeded expectations.

The situation is so fluid we are going to hold off on contacting the appropriate Dean for a bit. On top of that, my daughter feels that might put her at risk come grade time.

 

[Hamdonger]

While I very much enjoyed my four years at ISU and appreciated the education received, I also believe there is considerable merit to online education, particularly from a cost perspective. The traditional brick and mortar college experience is cherished by many, but there is no question that costs have gotten out of hand. Student debt is astronomical. I strongly support a parental financial strategy of two years at junior college and then either transfer or degree continuance online. My employer readily acknowledged and accepted via tuition reimbursement my own graduate degree (online) from the Florida Institute of Technology. IMO colleges and universities have done a terrible job in managing costs over the past 20-30 years and have added unnecessary layers of administrative positions. It is outrageous for young people to be a 22 year old graduate starting life with a heavy debt burden.

Right here, baby. :text-+1:

 

[Trey_Guidry4three]

I had heard rumblings of Bradley last year with financial issues. Sad to see... and Mac has had issues for decades and almost closed doors in 2011. Not a surprise at all to me

 

[BTbird]

I think ISU and Bradley will get money from the CARES act that just passed. I have no idea how much though.

 

[Redbirdalum_15]

While I very much enjoyed my four years at ISU and appreciated the education received, I also believe there is considerable merit to online education, particularly from a cost perspective. The traditional brick and mortar college experience is cherished by many, but there is no question that costs have gotten out of hand. Student debt is astronomical. I strongly support a parental financial strategy of two years at junior college and then either transfer or degree continuance online. My employer readily acknowledged and accepted via tuition reimbursement my own graduate degree (online) from the Florida Institute of Technology. IMO colleges and universities have done a terrible job in managing costs over the past 20-30 years and have added unnecessary layers of administrative positions. It is outrageous for young people to be a 22 year old graduate starting life with a heavy debt burden.

Right here, baby. :text-+1:

K, Trusty


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[crazzymark]

As i have stated before...online is where you can get student fees and be anywhere in the world...ASU, UCF GCU, ETC all have student fees in the online studies programs. I t is the future and when link with on campus ..bonus.

 

[ISUBU]

All colleges are going to struggle - some have deeper pockets (including taxpayers) and will be able to hide it better. It is not just the privates. ISU just lost 15 million this month.

Want a tip for deciding if a particular college is worth it? Look up its student loan default rate at https://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html (Look for the GO button in the middle). If a college doesn't provide a good enough experience for students to earn enough to pay off their loans, it is not worth it. ISU is at a solid 3.9%. I would be wary of any school over 5%, and I'd run away from places at 10%.

 

[Atrey22]

All you BU naysayers on here... Those Gargoyle watchmakers will be back up to running at full capacity next year when Bernie gets elected & makes college & Medicare free for everybody

 

[gobirds85]

All you BU naysayers on here... Those Gargoyle watchmakers will be back up to running at full capacity next year when Bernie gets elected & makes college & Medicare free for everybody

I'm guessing this isn't going to happen as Bernie dropped out earlier in the week. We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

 

[SoCalRedbird]

The 4-year college experience is antiquated and out of touch. Hopefully, these "financial struggles" will help bring Bradley and other universities into the 21st century.

<Insert Ivan Drago "If he dies, he dies" GIF here>


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[TBS_20]

The 4-year college experience is antiquated and out of touch. Hopefully, these "financial struggles" will help bring Bradley and other universities into the 21st century.

<Insert Ivan Drago "If he dies, he dies" GIF here>


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Society is going the way of a lot less schooling. 4 year colleges wont be a big thing in 50 years. Most will be going to 1-2 year vocational schools. Big time college sports will be a thing of the past. Basketball players will go to developmental leagues like the G-League or Australia like several have done and are currently doing (not just LaMelo Ball). Same will happen with football. Well, football in 50 years is an entirely different conversation. The drop in participation at the high school level and below is already making waves. in 50 years it will be just people who think its their only way out of a bad situation.

 

[gobirds85]

The 4-year college experience is antiquated and out of touch. Hopefully, these "financial struggles" will help bring Bradley and other universities into the 21st century.

<Insert Ivan Drago "If he dies, he dies" GIF here>


Sent from my SM-G955U using Tapatalk

Society is going the way of a lot less schooling. 4 year colleges wont be a big thing in 50 years. Most will be going to 1-2 year vocational schools. Big time college sports will be a thing of the past. Basketball players will go to developmental leagues like the G-League or Australia like several have done and are currently doing (not just LaMelo Ball). Same will happen with football. Well, football in 50 years is an entirely different conversation. The drop in participation at the high school level and below is already making waves. in 50 years it will be just people who think its their only way out of a bad situation.

Great points, but I believe your time frame of 50 years is a bit generous. Technology is already on the march.

 

[Total Red]

We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

Capitalism IS being propped up by socialism but it never should have been allowed to develop this way. Back in 2008 the government should never have been encouraging and enabling banks to offer home mortgages to those of questionable income and credit. And prior to that the major financial institutions should have been broken up to maintain a competitive balance before they grew too big to fail. Business failure is the foundation of success in Capitalism done correctly just as a forest comes back stronger with new growth after a fire.

That concept is being perverted with the "nothing allowed to fail mentality" and we've become a drug addicted economy with larger doses of drugs needed. Unwinding a drug addiction is always difficult and painful.

btw this may all be deleted as we are supposed to be talking sports and not politics. If so I'll accept and support that decision but until then I'll respond to issues raised by others. Politics/economics/public health and athletics are all deeply intertwined. It has always been so but now more than ever.

 

[TBS_20]

We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

Capitalism IS being propped up by socialism but it never should have been allowed to develop this way. Back in 2008 the government should never have been encouraging and enabling banks to offer home mortgages to those of questionable income and credit. And prior to that the major financial institutions should have been broken up to maintain a competitive balance before they grew too big to fail. Business failure is the foundation of success in Capitalism done correctly just as a forest comes back stronger with new growth after a fire.

That concept is being perverted with the "nothing allowed to fail mentality" and we've become a drug addicted economy with larger doses of drugs needed. Unwinding a drug addiction is always difficult and painful.

btw this may all be deleted as we are supposed to be talking sports and not politics. If so I'll accept and support that decision but until then I'll respond to issues raised by others. Politics/economics/public health and athletics are all deeply intertwined. It has always been so but now more than ever.

What about this? When the housing market crashes this time, maybe this year, it won't recover like it did in '09. The next generation doesn't live like in the last. There won't be as many people coming up behind us looking for housing. The new generations are nomads that like big cities or tiny houses and like to travel. Plus older people will be looking to downsize. The housing market is in for a big crash within the next 10 years. Not to mention all the houses hitting the market from Airbnb type places that hit the market because they're currently sitting empty due to covid-19 and people bought too many houses and they'll default. It's ugly out there in real estate

 

[Hamdonger]

All you BU naysayers on here... Those Gargoyle watchmakers will be back up to running at full capacity next year when Bernie gets elected & makes college & Medicare free for everybody

I'm guessing this isn't going to happen as Bernie dropped out earlier in the week. We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

We have the hardest time with sarcasm @redbirdfan.

 

[Atrey22]

All you BU naysayers on here... Those Gargoyle watchmakers will be back up to running at full capacity next year when Bernie gets elected & makes college & Medicare free for everybody

I'm guessing this isn't going to happen as Bernie dropped out earlier in the week. We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

We have the hardest time with sarcasm @redbirdfan.

That's a bingo

 

[Bird Friend]

All you BU naysayers on here... Those Gargoyle watchmakers will be back up to running at full capacity next year when Bernie gets elected & makes college & Medicare free for everybody

I'm guessing this isn't going to happen as Bernie dropped out earlier in the week. We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

We have the hardest time with sarcasm @redbirdfan.

That's cuz nobody uses the sarcasm font.

 

[Redbirdalum_15]

All you BU naysayers on here... Those Gargoyle watchmakers will be back up to running at full capacity next year when Bernie gets elected & makes college & Medicare free for everybody[emoji3061]

I'm guessing this isn't going to happen as Bernie dropped out earlier in the week. We are now living in a time where capitalism has to be propped up by socialism, as has been the case for numerous industries for numerous years.

We have the hardest time with sarcasm @redbirdfan.

K, Trusty


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[GhostofMBA]

From the article:

"They've been holding up. They're strong, they tell us nothing is set in stone and that we're going to fight like hell for this and we're going to rally." said Katz

This poor young woman has a huge learning opportunity here. The "teachers" are telling the "24" students to "fight like hell" and "rally" for a department that may not be making any money (or losing money). Some curious insights in the previous sentence.

But then she mentions that she has no backup plan if theatre does not work out. :confusion-shrug: