Full Time Equivalents... or FTE's
 

Let me put it to you all like this:

YOUR TUITION DOES NOT PAY MY FACULTY SALARY!!!

Your tuition cannot pay for ONE LIGHT BULB in ONE CLASSROOM in any building on your campus!!!

NONE OF YOUR TUITION PAY ANY FACULTY SALARY!!!

Faculty is paid by "Full Time Equivalents" or FTE units AND by GRANTS from the FEDS...

That is why Universities are NOT hiring TENURED professorships... TOO COSTLY!!! It is easier squeezing blood out of a turnip by enslaving an "instructor" class of professionals, graduate TA's and post doctorates than to give tenure track faculty positions...

And if you are not doing active research in relevant journals, you can forget it...

It is liken to "Back To School" with Rodney Dangerfield, when his character donated money for the business school...

What your tuition pays for is the student government "lecture notes" on the classes you take... The university president's salary... If that... And the tax liens, permits and barely the liability insurance the local, state and federal governments assess universities...

The fact is the charge school's give folks is FUGGGED UP BIG TIME--LIKE "ENRONIZED"!!! And I am not even close to joking...

Just for kicks, you business majors ought to find the last fiscal budgets of your respective university and see where this money is going... 'Cuz I can guarentee you, there are some best selling cooked books out there...

My faculty university has problems with directing purchasing... It is a bizarre maze to begin how these folks came up with this bureaucracy...

I bet any of you kids could figure out how these should would better than some of these so called administrators are working it...

WE NEED EFFICIENCY EXPERTS!!!

mu_agd: there's nothing wrong with your parent's putting you through school...but majority of the people posting state that their parent's pay for more than tuition.


GeekyPenguin: Call me what you want, a "classic example of a bitter type of post." You said so yourself earlier that you are spoiled. So why should my post fire you up so much? I'm glad you work and go to school. No one singled you out personally. If you read my post earlier, you will see that my parent's paid for my tuition as well. But that's where it ended. They didn't pay for me to party in college and for me to dress nicely. If I wanted those things, I had to pay for them myself. Which was what I was addressing in the post you quoted me on. Not saying your parent's pay for any of the above mentioned stuff, I'm just saying in GENERAL terms. Chill out!

I'm all about parents who give their kids an allowance of some sort. My tuition was covered so I used my scholarship money for rent, food, sorority, etc. My parents also gave me a little bit of money each month to cover my expenses.

What I didn't like is the parents who basically gave their kids hundreds of dollars every month. I had my dad's credit card but it was for EMERGENCY use only. Emergencies were: huge car repairs that my checking account would not cover, being stranded somewhere, or some other kind of emergency. I always had to call my parents before using their card to just double check with them that it was ok. I had friends who used their parents credit card for everything. Their parents would just pay the bill without even second guessing it. One of my sorority sisters had her parents' debit card. :eek: Every night before we went out, she'd withdrawal $200 in cash from her parents' account.

I think there's a HUGE difference between those of us who got a set amount from our parents and nothing more and those people who are really, truly spoiled. It's those people who have complete access to their parents' credit card or debit accounts and do not understand the true value of money that give everyone a bad name.

Ohhhh, yes. The girls who would just go to the mall every weekend with their parents' credit card used to blow my mind...I am all for parents paying tuition, books, major expenses; my parents did that, and I'm very grateful. However, they didn't give me carte blanche with the credit card--I had one, but like in ZTAngel's case, it was for emergency use ONLY. I never used it once. I understood that if I used it to go buy clothes or beer, my butt would be toast. I had one day off a week during which I would substitute teach and earn my spending money for the week, and if I spent it all, well, then that was too bad (unless there was some emergency, as stated above). If parents want to really spoil their kids, that's their business, but I think it ends up being detrimental to the kids because they don't learn how to manage their money.

ZTAngel and AchtungBaby80, that's what I was trying to say. I just couldn't word it correctly.

I'm sure most parents don't realize it's not a good idea to spoil your child to no end. Most parents would give their children the stars if they could.

I agree!

Re: Full Time Equivalents... or FTE's
 

I guess that is why there is so many lousy professors. I think most high school teachers are better educators than college professors. Professors are more concerned with research grants or getting some crappy book published. The University of Pennsylvania collects over 600 million a year in tuition. I am pretty sure that money pays for more than just lightbulbs. Most professors are too stupid to figure it out, but without the students and their tuition, the professors wouldn't have jobs.

Re: Re: Full Time Equivalents... or FTE's
 

Professors do not care if a student understands the material or not at a large university. That is what liberal arts colleges and teaching colleges are for... Better yet, vo-techs are for that purpose...

A newly appointed assistant professor (the title differs for each school) who is on a tenure track (usually 6 years) can only advance if they bring in a certain dollar amount in grants. This grant money is based on what these professors publish. So, if a professor does not get his or her grant, then he or she will be released from the university. That does not look good on a curriculum vitae.

As far as the tuition collected at your university, I can tell you, tuition pays for the worker's comp. that some of the janitorial staff collect... It pays for the huge retirements past living university presidents get and any university trustee or regent... Basically, money is being pocketed bigtime... And forget what the atheletics department does with its funds... You think scholarships... :rolleyes: Okay...

I guarentee you, if you look at your university's fiscal budget, it would make "Worldcom" look like a drop in the DOW...

I am serious!!! :eek:

There is heavy mismanagment of money going on at many US higher-education academic institutions--most of them might be premier universities...

Like my university seems to have too many administrative personnel that are doing duplicate jobs...

Efficiency Experts, I say...

I agree pretty much about the whole credit card thing...I definitely have their Credit Card (I've had it since I was 14 I believe), but the only things I put on it are any medicines/vitamins/supplements, doctor's visits, car repairs, stuff my parents want me to buy for them, and OCCASIONALLY, we're talking like maybe once a month, if I'm broke, I'll use it to put a tank of gas in my car. But that's it. I too have so many sorority sisters and just friends who have their parents credit card and use it for expensive handbags, clothes every weekend, lingerie, shoes, bar funds, alcohol, cigarettes, cabs, all of their multiple salon visits, tanning, massages.....the whole nine yards. But honestly, I do sometimes envy them...but I do realize that when Mommy and Daddy cut them off and they have to go back into the REAL WORLD, they're S-C-R-E-W-E-D!!! Like majorly screwed!!!

Just quick question when people say this do they mean that they have their parent's card with their parent's name and signature on it or that their parent's have got them an extra card on their credit account like a husband or wife does for their spouse so they can both use the account?

eta: I mean it can't be the first because it isn't as if they forge their parent's signature?

i have a card from their account with my name on it. i assume that's how the majority of people on here are, since it's quite easy to get extra cards.

Thanks I appreciate it. I think the laws here are different and might prevent it or something.

Ditto...my mom, my dad, and I all have cards with the same account number on them but different names!!!

I had my own credit card in my name which I had to pay. I had one shopping spree, received the bill, and never did that again. It was amazing how quickly I could spend money when I first got a credit card.