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University's should pay taxes!

Discussion in 'Off-Topic Discussion' started by Leggo, Jun 25, 2012.

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  1. Jun 25, 2012 at 5:10 PM
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    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    Why should a university that makes a profit and enjoys sometimes massive endowments, not have to pay property taxes in the towns where they reside? They certainly use the infrastructure as much if not more than any citizen
     
  2. Jun 25, 2012 at 5:36 PM
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    chris4x4

    chris4x4 With sufficient thrust, pigs fly just fine. Moderator

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    If universities paid taxes, the taxes would simply be handed down via higher tuition fees. Universities bring revenue into cities, and localities, thru sporting events, and other events the University puts on, so cities offer them space, with no or little taxes, in order to bring more money into the city they reside in.
     
  3. Jun 25, 2012 at 5:41 PM
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    Ripcord

    Ripcord KM6PIM

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    Increases in costs always and up on the customer's tab. This will be no different.
     
  4. Jun 25, 2012 at 5:42 PM
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    Lucario Runner

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    College costs more than enough already, I see no need for them to have yet another reason to increase the costs.
     
  5. Jun 25, 2012 at 5:44 PM
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    derekabraham

    derekabraham Living vicariously through everybody

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    My degree is only going to cost me $24,000! :woot:
     
  6. Jun 25, 2012 at 6:18 PM
    #6
    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    University's are less about education than they are about profits. Money is the word of the day. They are a business, period. They use the infrastructure as much if not more than they bring in, in revenues.Some University's own most of the land in the towns they are located in and yet the local businesses and residents have to foot the tax burden. Only a very few select university's bring revenue into the towns enough to offset the cost's they generate on the community.
     
  7. Jun 25, 2012 at 6:20 PM
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    chris4x4

    chris4x4 With sufficient thrust, pigs fly just fine. Moderator

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    While this may be true to a degree, if the education received by the student population is poor, or of lessor quality, students will go elseware. So...in order to remain competative, and bring in more money, they need to give a good education in return.
     
  8. Jun 25, 2012 at 6:40 PM
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    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    I wonder if the fed. government subsidized the University, would the price for the student drop? I don't think so. The sometimes MASSIVE endowments are used to provide scholarships for a lot of students that would not be able to pay them selves, but they are also used to buy real estate and grow the business. The better the students they turn out the more they can charge, right? So why does the business have to get a subsidy from the local government to be able to provide a good service? They don't. They can set their pricing at will if they provide quality. The degree will be worth more and then they will get more applicants. More applicants means more income. More income means better ability to educate. And around and around it goes
     
  9. Jun 25, 2012 at 6:42 PM
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    TeamSarcasm

    TeamSarcasm Flawless Escalation to the Ludicrous

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    I wish mine was that cheap :(
     
  10. Jun 25, 2012 at 6:47 PM
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    JCBigler

    JCBigler Well-Known Member

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    Yes they do. If you attend a public university, it is supported by the tax dollars of you, your parents, grandparents, friends and other people in your state or local community. Compare the cost of tuition at a public university for resident and non-resident students. Then compare the cost of tuition at a private university. See the differences? That's because the education of the resident students is subsidized buy the people of that state.
     
  11. Jun 25, 2012 at 7:05 PM
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    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    Agreed, and good point, but thats not the FED government In a way, you could say that the local community IS subsidizing the private university now. I just don't see a difference between the University and ANY other business in this country. The students will go elsewhere if the price is to high, and they will go elsewhere if the quality is to low. Law of the jungle.Why place an unfair burden on the people of the town where the school resides?How is that fair? Imagine letting FOMOCO. go tax free because you think it will keep the price of the car down.
     
  12. Jun 25, 2012 at 7:10 PM
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    ruler1

    ruler1 stump thumper

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    College needs to cost substantially more to be effective. There are far more grads than jobs anyway. Colleges are churning out weaker and weaker grads in a degree rich environment. If you tripled the cost you could at least slow down the flow of average and focus on greatness or actually molding minds.
     
  13. Jun 25, 2012 at 7:15 PM
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    iroh

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    They shouldn't triple the cost... the problem is the EASY MONEY to get in. You know, that incredible burden that so many students carry for the most of their lives afterwards but don't realize it going in.

    Well it's not really easy money... it's easy to sign your name, but hard hard hard to get rid of that document.
     
  14. Jun 25, 2012 at 7:19 PM
    #14
    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    How could you not realize that you are going to pay a huge amount for your education, before you apply? Why get angry at the ones who provide answers as to how you are going to make it possible to pay for something you are choosing to buy? Go to a cheaper college, work hard, make it a good education for less money.
     
  15. Jun 26, 2012 at 3:25 AM
    #15
    Devious6

    Devious6 Not your Average College President Emeritus

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    I happen to work at an urban college. While you offer some good ideas, you also generalize a lot. Not every college has a huge endowment - ours is too small to generate anything that we can use - all gains go directly back into the endowment. Our typical excess revenue over expenses in any given year is less than $400k on a $21m budget. As a private college, we don't get the State and local funding available to public colleges so our tuition asall we have (generally) to cover expenses.

    I could go on for a long time on how we offset the property tax revenue - we do pay local payroll taxes to the city - like providing 4 full scholarships to city residents each year or that we provide tuition assistance to many others.

    But, the reality is that this argument always centers on the colleges. What about all of the other not for profits? They use the same services. What about the churches? Red Cross? United Way? How about the school districts? They don't pay property taxes either. If you're going to be fair, then you need to address them all equally.

    The reality is that they all provides necessary benefits and services to the community - services that the municipality can't provide. If you add to their expenses, you will see the increase somewhere else - or you will see the service disappear.

    I'm not arguing that everyone should get a free ride - but it is very easy to generalizehere and look at the short term benefit without addressing the total issue.
     
  16. Jun 26, 2012 at 3:44 AM
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    CantSitStill

    CantSitStill Well-Known Member

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    So, is the title of this thread meant to be, "university is" or is it referencing the should that belongs to the university??? Just seems ironic to me.
     
  17. Jun 26, 2012 at 4:41 AM
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    396tears

    396tears Well-Known Member

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    think dude

    taxes = tuition
     
  18. Jun 26, 2012 at 6:54 AM
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    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    finally, logical debate. thank you
     
  19. Jun 26, 2012 at 7:00 AM
    #19
    Leggo

    Leggo [OP] slow is smooth, and smooth is fast.

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    that argument is bs. by your reasoning, no business should ever have to pay taxes because they would raise their prices to cover the expense. Thats business in America. We all need to figure taxes into the equation and find a way to produce at a competitive price. Make tuition to high and you lose business. Tuition is a choice, not a mandate. BMW's are to expensive for me, so I drive a Toyota.
     
  20. Jun 26, 2012 at 7:04 AM
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    JDMcQ

    JDMcQ Well-Known Member

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    That is just ridiculous. Raising the cost would put higher education within reach of only those with the finances to afford it, not those with abilities. Perhaps we should raise our academic standards, rather than turn all of our schools in to degree factories.
     
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