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| Sly sloth slides school costs skyward. |
bruce-church (https://bruce-church.myopenid.com/) has left a new comment on your post "LCMS Seminary Cost Scandal: Fabulous Costs To Supp...":
Tuition at state colleges has gone way up since the start of the Great Recession, when many states (and countries) hit their borrowing limits. Tuition in Midwestern states has gone up by 20 to 25%, but in Arizona it's jumped by 78 percent, and in California by 72 percent. This came to light after it was found out that the U of Wisconsin was stockpiling cash even as it pleaded it was going broke from 2009 until recently. Basically, conventional wisdom during troubled times is businesses and universities must stockpile cash and cut expenses, but this "group think" leads to the prolongation of a weak economy by years (or even decades). Anyway, if someone wants to attend seminary now for a M Div, they will probably have twice the debt upon arriving as before:
http://host.madison.com/news/local/writers/mike_ivey/university-of-wisconsin-tuition-and-reserves-are-soaring-but-the/article_e7b10b2c-adf2-11e2-8726-0019bb2963f4.html
But Wisconsin certainly isn’t the only state where the cost of college continues to rise at public colleges. The College Board data show increases of 21 percent in Minnesota and Illinois and 20 percent in Michigan over the past five years, just under Wisconsin's 23 percent. Nationally, increases since 2007 have ranged from 78 percent in Arizona and 72 percent in California to 2 percent in Maryland and 3 percent in Ohio.
