Melissa Korn
speaker
822 appearances
14 recordings
1 series
first heard Sep 2017
last heard Sep 2024
Melissa Korn’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · College Rankings Part 4: The Success of Public Schools · 30 Sep 2017
podcast
So they do have more limited funding.
They are state-backed schools, but often only get a few percent of their overall budgets from the states these days, which means they have
As you said, they have larger student-faculty ratios, so you'll have bigger classes.
Some schools, it is hard to get through in four years just because of overcrowding or things like that.
They have great outcomes.
A lot of these schools – so a lot of the public universities that are in the top 100 for the Wall Street Journal Times higher ed ranking outperform their counterparts of private universities, private colleges in terms of student outcomes.
Right.
I mean, in the business world, we commend companies for being efficient.
We commend the government when it's efficient.
And you can say the same thing about these colleges.
Just because a school is throwing a ton of money at its academic infrastructure doesn't mean it's better at it.
So a lot of public universities have had to be really creative in finding ways of doing more online or hybrid programs, more digital tools, more distance education in some ways to be able to deliver a really good product at a lower price.
Yeah, so they struck me as a school that, you know, they do quite well.
They're in the top 60 overall.
But they really punched above their weight in terms of graduate outcomes.
And that looks at things like graduation rate as well as student loan default rates.
And one of the reasons for that and for a lot of public universities doing pretty well on that is they don't cost as much.
Students don't have to take out as much money.
So they're not in as much debt when they graduate.
And then they can take jobs and pay off their loans in a reasonable way rather than having, you know, 40, 50, $60,000 of loans.
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