Tags Posts tagged with "Tuition"

Tuition

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friend of mine, who is about my age and grew up on Long Island, was somewhat timid about going into the Big Apple on her own because she didn’t feel she knew how to get around, but she now is empowered by her car service. She is a member of the customer base of Uber or Lyft or Via — one of those and others that she can summon with her cellphone to take her on her errands around the city. The service comes within two or three minutes, and she gets in and gets out, sometimes sharing the ride with another passenger, without having to so much as reach for her wallet. The fee and tip are automatically charged to her credit card and the price is significantly cheaper than an ordinary taxi. It is as if she had a chauffeured limo at her beck and call. As a result she uses the service more often.

When a store charges prices that are generally considered too high by shoppers, the store invites competition to come into the neighborhood. The same rule of economics applies to manufacturers and to industries. Sometimes that competition takes the more profound form of disruption by competitors who are aided by advances in technology, like the cellphone. In the instance of my friend and many like her, the car services have severely disrupted the taxi industry, dropping the NYC medallion price considerably.

Another vulnerable industry is higher education. As the cost of a college education has gone up over the last 50 years by about twice the rate of inflation, the ability to secure a bachelor’s degree has moved beyond the reach of the average household. The result has been an untenable explosion of student — and parent — educational debt. This trend has also exacerbated the widening gulf between the haves and have-nots. Those without a four-year degree earn less over the course of their lives.

While there are good public universities and community colleges, like Stony Brook University and Suffolk County Community College, that are more reasonably priced and often allow the student to live at home and avoid room and board fees, there is another, growing option for students. Some colleges, including those with more well-known names, are offering bachelor’s degrees online. Although this may have struck many as snake oil in the past, today an online degree has become a viable option thanks to enormous technological gains — with more to come.

Professors can stand in front of a class of students numbering from a handful to several hundred on campus. But thanks to webinars and other advances on the web, their student listeners may number in the thousands. Ah, you say, but they miss the live interaction of a classroom setting. Wrong. The students can now hear each other, as well as the professor, speak to each other and even see each other. There is more interaction over the Internet, in fact, than there is typically in large lecture classes. Shortly the speed of the Internet will reach unimaginable numbers to accommodate the instant transmission of incredible amounts of information. Professors attest to the high quality of response from the online students handing in assignments. There is even technology for locking down computers during tests to prevent cheating.

Online education has already disrupted traditional education, and not just for special one-off events that are typically used by businesses and special-interest groups but for long-term degrees. Just Google “online degree programs USA,” and you will find 10 pages of names for starters. These include 2016 Top Online Colleges & Degrees, The 50 Best Online Colleges for 2016, List of Accredited Online Colleges & Universities, U.S. News & World Report 2016 Best Online Programs, Boston University online programs and so forth.

Habits change more quickly today than at any other time in history. Just ask me how people get the top of the news each day: It’s not so much from newspapers or radio, or from network television or even cable TV — we get up in the morning and eyeball our mobile phones. Pay attention, college administrators and trustees, serious disruption is near.

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College is expensive. Actually, college is ludicrously expensive these days, as 60 percent of graduates from colleges and universities in New York are coming out of school with a debt of more than $26,000, according to the Project on Student Debt, an initiative of the nonprofit Institute for College Access & Success.

With these numbers in mind, we support Assemblyman Chad Lupinacci’s (R-Huntington Station) push for increasing the maximum amount of financial aid awarded through the New York State Tuition Assistance Program.

While college costs have increased drastically over the last 10 years, there has been no substantial increase in the maximum TAP award a student can receive. Individuals can currently cash in a minimum grant of $500 and a maximum of $5,165 each year.

Lupinacci said he wants to raise the maximum to $6,470, while also increasing the maximum eligible household income from $80,000 to $100,000. We wholeheartedly support this measure, as the increases would better align with SUNY and CUNY tuition rates for in-state residents and the high cost of living in New York.

For the 2014-15 school year, a typical undergraduate student studying at a SUNY college will pay a little more than $7,500 for tuition and student fees. Add room and board, and that cost becomes about $19,600.

Raising the maximum TAP award would provide many students — who may be supporting themselves and working full-time — an easier pathway to obtaining their degrees. This program could be especially crucial to students who are on their own and may not have someone to co-sign a loan.

We often use the phrase “every penny counts,” and in this case it couldn’t be truer. The purpose of public education is to increase access to an important service. Increasing TAP will help further that goal.

State Assemblyman Chad Lupinacci. File photo by Rohma Abbas

Assemblyman Chad Lupinacci (R-Melville) is calling on Albany to increase the amount of financial aid it awards college students through the New York State Tuition Assistance Program.

The hike is needed, Lupinacci said, because there’s been no significant increase to the maximum TAP award in more than 10 years. Lupinacci is calling for a 25 percent increase in the maximum grant amount.

TAP funding is a grant that is intended to help cover tuition costs at New York State universities and colleges. The minimum TAP grant awarded per school year is $500 and the maximum is $5,165, according to the program’s website. Lupinacci wants to raise the maximum TAP award to $6,470 and increase the maximum household income for TAP eligibility from $80,000 to $100,000.

“As a college professor, I see every day how important TAP is for thousands of students,” he said in a recent statement. “An increase in funding would give students the relief they need to hit the ground running after graduation.”

TAP is awarded annually to New York State residents who study at full-time colleges within the state. Students who receive the grant must stay in good academic standing and meet the income requirement. According to Gov. Andrew Cuomo’s (D) website, nearly 400,000 students across the state received a TAP grant in 2013.

Assemblyman Andy Raia (R-East Northport) has signed on as a co-sponsor to Lupinacci’s bill and said an increase in the funding and eligibility is definitely needed for students across the state.

“The price of public education has gone up tremendously in 10 years,” Raia said in a phone interview.

Raia said while $80,000 seems like a lot of money, given the cost of living it is not as much for a family of four living on Long Island when compared to the same family of four living upstate. He said the cost of living is higher here and the increase in a maximum award is greatly needed.

Lupinacci, who currently teaches at Farmingdale State College, said it is important to have this increase in an effort to ease the financial burden on students. He said it would help cover significant portions of tuitions at State University of New York and City University of New York schools, and whatever it could for private schools’ tuitions.

Currently, the bill that was introduced on March 5 is being referred to the Assembly’s Higher Education committee, where Lupinacci is a ranking member. If this bill is approved, Lupinacci hopes the increase kicks in beginning April 1, 2016.

The most recent TAP increase was for $165 back in 2014. Cuomo announced the increase, nearly 15 years after the last one. The bill also has a state Senate sponsor, State Sen. Ken LaValle (R-Port Jefferson).

Assemblyman Steve Englebright (D-Setauket), who has not seen the bill, said he favors a TAP increase.

“I think it’s a great investment in young people, who are the future of our state,” he said in a phone interview.