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03 March 2010

Proof That Architects Don't Get Economics

Just super quick before I pull an all nighter and learn some BIM software... just got this is my school email:

So my tuition goes up another 6.4%. Okay... why?

"Well inflation..."

No, the CPI last year was -0.4. So in real terms my tuition is going up 6.8%. If a more common inflation rate is something like 3.5% (as in, not during these economic times) then an increase of this magnitude would yield a real increase of about 3%. Raising tuition at these levels should not be a given every year without some justification.

So what the hell?

3 comments:

山亭柳 said...

I received that letter on Studio class...

conradjacob said...
This comment has been removed by the author.
conradjacob said...

Well they raised tuition yet again this year at about 5.5%. It's sickening. Economy plummets but education gets more expensive...makes great sense. Taking money out of kids pockets is easier than figuring out how to save expenses. Bullies.