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Planet Money

College Fails

Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 31 July 2020

⏱️ 18 minutes

🧾️ Download transcript

Summary

The pandemic is transforming college from a can't-miss into a can't-attend experience. Can colleges survive? | Subscribe to our weekly newsletter here.

Transcript

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0:00.0

This is Planet Money from NPR.

0:04.1

About a month ago, Shreya Patel got a letter from the Business School at Rutgers University

0:11.9

in New Jersey.

0:12.9

She's a senior there, study supply chain management.

0:15.4

They sent out an email announcing that everything was going to be remote, but that email really

0:19.9

did not include anything about tuition and if it would be going down or anything like that.

0:24.3

She reads the email again, she figures they must mention it somewhere.

0:27.5

They didn't even address that in the email at all.

0:29.8

It was just kind of hidden in the FAQs.

0:33.2

So she reads the FAQ and she's like, wait, my department is going totally remote this

0:38.7

fall.

0:39.7

Shouldn't that mean I get reimbursed for all the real-life stuff that I'm not going to

0:43.0

use?

0:44.0

And the answer was no.

0:45.0

Shreya, like the dog-ed supply chain management enthusiast that she is, breaks down her school

0:50.8

bill into its elements.

0:52.5

She looks at what services she's supposed to get, who's delivering what, and how much

0:56.8

each item costs.

0:57.8

Okay, so it is $171 for computer fee, $139 for a school fee, $6,300 for tuition, and

1:07.7

then 1347 for a campus fee, so for a total of $7,957.

1:13.2

Okay, and that sounds to me like that's just one semester.

1:16.3

Yeah, that's one semester, yeah.

...

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