{"id":456,"date":"2011-07-16T09:00:03","date_gmt":"2011-07-16T13:00:03","guid":{"rendered":"http:\/\/centives.wordpress.com\/?p=456"},"modified":"2011-07-16T09:00:03","modified_gmt":"2011-07-16T13:00:03","slug":"cutting-the-cost-of-college-to-6700","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2011\/cutting-the-cost-of-college-to-6700\/","title":{"rendered":"Cutting the Cost of College to $6,700"},"content":{"rendered":"<p style=\"text-align:center;\"><img decoding=\"async\" src=\"http:\/\/centives.files.wordpress.com\/2011\/07\/071311_1249_cuttingthec1.png\" alt=\"\" \/><em><br \/>\n<\/em><\/p>\n<p><a href=\"http:\/\/www.economist.com\/node\/18926009?story_id=18926009\"><em>The Economist<\/em><\/a><em> <\/em>notes that &#8220;America&#8217;s universities have raised fees five times as fast as inflation over the past 30 years&#8221; and yet &#8220;still the universities keep sending begging letters to alumni and philanthropists.&#8221; <a href=\"http:\/\/www.economist.com\/node\/18926009?story_id=18926009\"><em>The Economist<\/em><\/a><em> <\/em>reports that Vance Fried of Oklahoma State University found a way to provide a first class education for just $6,700 a year. Some of the cost cutting techniques include:<\/p>\n<ul>\n<li>Separate the funding of research and education, and make sure that students are only paying for their education and not subsidizing the institution&#8217;s research.<\/li>\n<li>The student-teacher ratio should be increased. Both business and law schools achieve good results with higher ratios than those that currently exist at undergraduate institutions.<\/li>\n<li>Eliminate and consolidate programs that receive little interest from students.<\/li>\n<li>Reduce administrative costs that have risen by as much as 61%\u00a0\u00a0\u00a0\u00a0in the last 15 years.<\/li>\n<\/ul>\n<p>Read about other ideas and the universities that are seriously implementing them over <a href=\"http:\/\/www.economist.com\/node\/18926009?story_id=18926009\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.economist.com\/node\/18926009?story_id=18926009\"><em>The Economist<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economist notes that &#8220;America&#8217;s universities have raised fees five times as fast as inflation over the past 30 years&#8221; and yet &#8220;still the universities keep sending begging letters to alumni and philanthropists.&#8221; The Economist reports that Vance Fried of Oklahoma State University found a way to provide a first class education for just $6,700 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-456","post","type-post","status-publish","format-standard","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=456"}],"version-history":[{"count":0,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/456\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}