Owen County is in on this too. Saw that on Facebook today.

I would rather my taxes go to funding education than prisons. Definitely not a hard and fast rule, but as education (including technical and vocational schools) increases the likelihood of a person going to prison decreases.

 

I'm very much in agreement that propping up Technical and Vocational schools would be a tremendous benefit.

I'm very much in agreement that propping up Technical and Vocational schools would be a tremendous benefit.

 

Agreed on that. Taxpayers paying the bill for the already skyrocketing tuitions? We’d all be broke on that plan. I paid my way through, not about to be ok paying anyone but my kids way. The government eats so much of my check now, I’d just move to Tennessee if they tried to pull this for public universities.

If Georgetown can support the cause, is there any real problem here?

If Georgetown can support the cause, is there any real problem here?

 

It ends up being a pass through cost to the rest of the student body, the student loan powers that be, and eventually the system while treating some people different than other people based on geography.

It ends up being a pass through cost to the rest of the student body, the student loan powers that be, and eventually the system while treating some people different than other people based on geography.

 

Essentially out of state tuition, becomes out of county?

It ends up being a pass through cost to the rest of the student body, the student loan powers that be, and eventually the system while treating some people different than other people based on geography.

 

Institutions already do this with in-state/out-of-state tuition.

The thing that jumps out to me is this...if you can afford to promise to do that for the next ten years, that probably means you're already overcharging the other kids attending, or will be. Looks good to the kids included. Looks bad to the parents of those not included.

The thing that jumps out to me is this...if you can afford to promise to do that for the next ten years, that probably means you're already overcharging the other kids attending, or will be. Looks good to the kids included. Looks bad to the parents of those not included.

 

It’s optional to attend Georgetown. I think that problem will resolve itself, if it’s truly a problem.

It’s optional to attend Georgetown. I think that problem will resolve itself, if it’s truly a problem.

 

Oh, I understand it's optional. My point is, if my kid is considering Gtown, and I'm looking at a $40,000/year cost for them to attend, while others are going for free...I'm wondering how much of that 40k is going to cover their costs too.

Oh, I understand it's optional. My point is, if my kid is considering Gtown, and I'm looking at a $40,000/year cost for them to attend, while others are going for free...I'm wondering how much of that 40k is going to cover their costs too.

 

Point well taken. Leads us to the next question, what percentage of the demographic comes/will come from Scott County?

Oh, I understand it's optional. My point is, if my kid is considering Gtown, and I'm looking at a $40,000/year cost for them to attend, while others are going for free...I'm wondering how much of that 40k is going to cover their costs too.

 

Georgetown does not rely solely on tuition to operate. Like practically every other college and university, they lean heavily on scholarships and foundations funded by donations and grants. I suspect a lot of these scholarships are funded like that.

It's a business like any other, correct? The model will either prosper or fail. I, for one, hope that it works.

Georgetown does not rely solely on tuition to operate. Like practically every other college and university, they lean heavily on scholarships and foundations funded by donations and grants. I suspect a lot of these scholarships are funded like that.

 

Again, I understand that. I guess, to me, it's just about the perception. Ultimately though, Georgetown says it costs xyz dollars per year to educate a student. If Toyota had stepped forward and said we'll provide a scholarship for every Scott County student that wants to go to Georgetown, the college is still getting their xyz dollars per year for that student. It's just that this time it's Toyota footing the bill instead of the student (or their ma and pa).

 

However, in this instance, the college is the one providing the scholarship. But, in essence, aren't they saying "we don't need xyz dollars to educate this student"? And you're right, they've got other funding sources that can probably cover that. In essence they're taking it from their right hand and putting in their left hand. But, if they can afford to do that, why do they maintain that they still need xyz dollars from everyone else in order to attend?

 

It just seems to me that there's only two ways they can afford to do it...1) they've built up enough of a "slush fund" over the years, either by spending wisely or overcharging previous students, or 2) it really doesn't take xyz dollars today to educate a student.

 

All I'm saying is, if 25 kids decide to take them up on the offer, that's a million dollars a year. And if I'm writing a $40k check to the college each year, I'd be wondering how they're able to do that.

 

BTW, I'm not against the kids getting it. I'm all for students getting an education without having to incur a six-digit debt. All I'm saying is that the optics of it aren't necessarily great.

Again, I understand that. I guess, to me, it's just about the perception. Ultimately though, Georgetown says it costs xyz dollars per year to educate a student. If Toyota had stepped forward and said we'll provide a scholarship for every Scott County student that wants to go to Georgetown, the college is still getting their xyz dollars per year for that student. It's just that this time it's Toyota footing the bill instead of the student (or their ma and pa).

 

However, in this instance, the college is the one providing the scholarship. But, in essence, aren't they saying "we don't need xyz dollars to educate this student"? And you're right, they've got other funding sources that can probably cover that. In essence they're taking it from their right hand and putting in their left hand. But, if they can afford to do that, why do they maintain that they still need xyz dollars from everyone else in order to attend?

 

It just seems to me that there's only two ways they can afford to do it...1) they've built up enough of a "slush fund" over the years, either by spending wisely or overcharging previous students, or 2) it really doesn't take xyz dollars today to educate a student.

 

All I'm saying is, if 25 kids decide to take them up on the offer, that's a million dollars a year. And if I'm writing a $40k check to the college each year, I'd be wondering how they're able to do that.

 

BTW, I'm not against the kids getting it. I'm all for students getting an education without having to incur a six-digit debt. All I'm saying is that the optics of it aren't necessarily great.

Could it be #3, they are a business that can do with their profits what they wish?