San Jose Mercury News, March 31, 2020: "As classes go online, students want Stanford to lower tuition": "Thousands of Stanford students are asking for a discount in tuition for this quarter --- up to 80% --- as, (as one student leader stated): "the online education will affect our EDUCATIONAL EXPERIENCE - (the caps are mine) - interacting with faculty and peers... (is)... a more ESSENTIAL PART of our time spent at Stanford".. Online education "makes us UNABLE TO ENJOY AN EDUCATIONAL EXPERIENCE QUALIFIED FOR THE $10,000 (tuition only) that we spent for this Spring quarter".. "if the experience is not IMMERSIVE, then IT IS NOT FULL AND DOES NOT DESERVE THE PRICE TAG".. QUESTIONS! A. Should students be given a discount on tuition this quarter (or semester) owing to classes going online? (you did not SIGN UP for this, right???) Why or why not? At Stanford? At EVC? Is there a difference? B. Is your answer any different for GRADUATE students in law and medicine? Why or why not? C. Stanford has offered to let students take a quarter off, thus delaying... THE REST OF THEIR LIVES...in your opinion, why may this solution be... 'less than optimal'? D. I it relevant that Stanford is sitting on MANY TENS OF BILLIONS OF DOLLARS IN ENDOWMENTS, --- one of the highest in the nation -- and could EASILY AFFORD to give their students a discount of 80% for one quarter? EWI LAT CLIOU D CTANCO DD 1000 250 0/2 30 0/2 N
San Jose Mercury News, March 31, 2020: "As classes go online, students want Stanford to lower tuition": "Thousands of Stanford students are asking for a discount in tuition for this quarter --- up to 80% --- as, (as one student leader stated): "the online education will affect our EDUCATIONAL EXPERIENCE - (the caps are mine) - interacting with faculty and peers... (is)... a more ESSENTIAL PART of our time spent at Stanford".. Online education "makes us UNABLE TO ENJOY AN EDUCATIONAL EXPERIENCE QUALIFIED FOR THE $10,000 (tuition only) that we spent for this Spring quarter".. "if the experience is not IMMERSIVE, then IT IS NOT FULL AND DOES NOT DESERVE THE PRICE TAG".. QUESTIONS! A. Should students be given a discount on tuition this quarter (or semester) owing to classes going online? (you did not SIGN UP for this, right???) Why or why not? At Stanford? At EVC? Is there a difference? B. Is your answer any different for GRADUATE students in law and medicine? Why or why not? C. Stanford has offered to let students take a quarter off, thus delaying... THE REST OF THEIR LIVES...in your opinion, why may this solution be... 'less than optimal'? D. I it relevant that Stanford is sitting on MANY TENS OF BILLIONS OF DOLLARS IN ENDOWMENTS, --- one of the highest in the nation -- and could EASILY AFFORD to give their students a discount of 80% for one quarter? EWI LAT CLIOU D CTANCO DD 1000 250 0/2 30 0/2 N
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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