Showing 50 posts tagged cost

High-income families who live in the urban Northeast, for example, are projected to spend nearly $455,000 to raise their child to the age of 18, while low-income rural families will spend much less, an estimated $145,500, according to the report. The figures are based on the cost of housing, food, transportation, clothing, health care, education, child care and miscellaneous expenses, like haircuts and cell phones. But the estimates don’t include the cost of college — a big-ticket expense that keeps rising.

Average cost of raising a child hits $245,000 - Aug. 18, 2014

But the true promise of technology to save the liberal arts is precisely its ability to lower the cost of delivery — and in so doing to allow everyone on earth to partake in a liberal education throughout their lifetime. Students shouldn’t have to choose between philosophy and engineering, music and business, rhetoric and marketing. And by lowering the costs, you enable increased consumption — that is the very nature of disruptive innovations.

How technology can help save the liberal arts (essay) @insidehighered

There is something distasteful about charging by the byte. The idea of freedom of information is sullied by a price tag on an icon, a taxi-meter ticking away on the corner of the screen.

Tim Berners-Lee (via azspot)

(via alexanderpf)

In fact, out of more than 1,500 respondents to a recent Salary.com survey, 35% of people said college is not worth the expense, and 43% say a college degree isn’t really necessary to succeed in life.

Is College Still Worth It? | Fast Company | Business Innovation

The power of memberships isn’t just that they represent dependable revenue for Amazon in the topsy-turvy world of retail. It’s also that they’re sticky for customers. Couch potatoes have a hard enough time canceling their $90-a-month gym memberships, thanks to status quo bias and general laziness. It’s even harder to justify canceling a $8.25-a-month membership that gets you free fast shipping to the biggest online store, a great digital video offering, and more, just because the price went up by less than $2 a month.

Prime Is the Future of Amazon - Derek Thompson - The Atlantic

Angwin says that among other things she bought “a $230 service that encrypted my data in the Internet cloud; a $35 privacy filter to shield my laptop screen from coffee-shop voyeurs; and a $420 subscription to a portable Internet service to bypass untrusted connections,” among other things. While this may seem excessive, Angwin says that it’s worth it to avoid attacks from hackers and to avoid having everything she does online tracked by major tech companies. What this really boils down to is how much you’re willing to let Google, Facebook and other tech firms stalk you.

The cost of online privacy: $2,200 a year - Yahoo News

The federal government subsidizes this academic aristocracy (made more exclusive by elite highly endowed schools giving admission preferences for children of alumni) in several ways. Big endowments such as Harvard’s probably often reap at least $1 billion annually from capital gains. They pay no income taxes on those gains; individuals pay 23.8 percent. They also pay no income taxes on dividend and interest income. The donations that form the endowments are deductible against donor income taxes, giving rich people the incentive to give to their already rich colleges, which in turn give preferences to alumni children.

Cut Off Harvard to Save America - Bloomberg

Schools wanted a high tuition on the assumption that families would say that if they’re charging that high tuition, they must be right up there with the Ivies,” said David L. Warren, president of the National Association of Independent Colleges and Universities. “So schools would set a high tuition, then discount it. But when the schools in your peer group all have discounts, it becomes an untenable competition for students, with everyone having to increase their discounts.

Getting Out of Discount Game, Small Colleges Lower the Price - NYTimes.com

The cost of memory and bandwidth has declined steeply, meaning “you don’t have to be as efficient,” says Schrage. “You can take shortcuts, design things that are a little inefficient. You can afford to waste the resources of a technology that’s now cheap and the virtual freedom of these technologies means that you can play with all manner of ideas.”

The Surprising Secret to Innovation | Dorie Clark