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Academic Excellence and the Value of SUNY The State University of New York www.suny.edu/student Operation Inform

Academic Excellence and the Value of SUNY The State University of New York Operation Inform

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Academic Excellence and the Value of SUNY

The State University of New York

www.suny.edu/student

Operation Inform

The State University of New York

www.suny.edu/student

Operation Inform 06

Hallmarks of a Quality Education

• Excellent Reputation• State-of-the-Art Facilities• World Class Faculty• Post Graduate Jobs• Acceptance Rates to Graduate and Professional Schools• Opportunities to Study Abroad and to become Citizens of

the World• Active, Dedicated, Accomplished Alumni

The State University of New York

www.suny.edu/student

Operation Inform 06

Hallmarks of a SUNY Education

• Known around the world for academic excellence• US World News & Report, 2006:

SUNY schools among the top 50 in the nation• Kiplinger's Personal Finance Magazine, 2005:

two SUNY campuses in the top 10 best values in the country

The State University of New York

www.suny.edu/student

Operation Inform 06

Hallmarks of a SUNY Education

• State-of-the-art facilities– Huge investment of capital into laboratories, residence halls,

performing arts spaces, libraries

• Renowned faculty

- Pulitzer prize winners, National Academy of Science members,

well-known scholars in their fields

• Fortune 500 companies HIRE SUNY students

- Hundreds of prestigious companies recruit on campus

The State University of New York

www.suny.edu/student

Operation Inform 06

Hallmarks of a SUNY Education

• Physicians, lawyers, educators, nurses, engineers, scientists, writers, dancers… SUNY grads excel in their fields

• Over 400 study abroad programs• Over 2 million active, dedicated alumni• AFFORDABLE Cost!

The State University of New York

www.suny.edu/student

Operation Inform 06

Affordable Costs = More Opportunities

• Affordable education allows students to make choices – Graduate or professional school – Peace Corps, Teach for America– Take a year off and travel– Buy a car, a house

The State University of New York

www.suny.edu/student

Operation Inform 06

Public Vs. Private

• It costs as much to provide an education to students at SUNY as it does at private colleges

– Faculty salaries, facilities, services are comparable

– Public education is not a ‘discounted’ product• The difference is the state …• NYS pays 60% of the cost of educating each

undergraduate student

The State University of New York

www.suny.edu/student

Operation Inform 06

College Cost Trends

• College costs rise at rate greater than inflation• Grants and scholarships haven’t kept pace• Students and families are more dependent on student

loans• More students are attending graduate school• In fall 2005, over 75 colleges had prices exceeding

$40,000 per year

The State University of New York

www.suny.edu/student

Operation Inform 06

State of Savings

• Fall 2005… statistics according to NextStep Magazine:– 1/3 of parents have not saved for their children’s education– 50% have saved less than $50,000– Only 27% of parents are willing to take out loans– 55% indicate their children must share the burden by taking out

loans– 96% of parents believe they have not saved enough– 61% of parents would encourage their child to attend a state

college… and save money

The State University of New York

www.suny.edu/student

Operation Inform 06

College Debt Piling Higher Than EverUSA Today (6/12/06)

– In 2004 nearly 8% of graduating seniors carried

student loans of $40,000 or more – 11% of private college graduates and 5.5% of public

college graduates have loans of $40,000 or more – The average college senior in 2006 is graduating

more than $19,000 in debt– There is pressure for college students to

pursue advanced degrees… incurring even more student debt

The State University of New York

www.suny.edu/student

Operation Inform 06

SUNY instate Tuition & Fees $5,360

Tuition and Fees if your students go out-of-state

• Rutgers $18,436• University of Delaware $18,450 • UNC–Chapel Hill $19,682• UMASS Amherst $19,897• University of Maryland $21,345• UCONN - Storrs $21,562• Penn State-University Park $22,712• University of Virginia $26,135• University of Vermont $26,307

*** Information from Campus Web sites***

Family Incomes and Family Contribution

0 0 801,672

3,3425,652

8,306

11,096

13,973

17,054

20,134

23,215

26,187

29,127

32,066

35,006

37,946

40,810

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 170 180

Family Income

Con

trib

utio

n

Source: Dick Whiteside, Tulane University

Family Income and Family Contribution

The State University of New York

www.suny.edu/student

Operation Inform 06

$0$10,000

$20,000$30,000

$40,000$50,000 Grants

Work StudyGrant

AdditionalParentContribution

ParentContribution

The State University of New York

www.suny.edu/student

Operation Inform 06

- Carnegie Foundation: “…a very modest to zero correlation between … prestige and the quality of undergraduate experience.”

- Mellon Foundation: “…students who were admitted to both selective and moderately selective colleges earned the same no matter which they attended.”

Look for the RIGHT Fit

The State University of New York

www.suny.edu/student

Operation Inform 06

- Loren Pope author of Colleges That Change Lives: “…connections won’t do a whole lot of good. It is your own specific gravity, not the name of the school, that matters.”

The right college is the one that develops your students’ talents

The State University of New York

www.suny.edu/student

Operation Inform 06

• Unique combination – Quality– Reputation – Cost

Take another look at SUNY

The State University of New York

www.suny.edu/student

Operation Inform 06

Extraordinary ValueFor

Today’s Students

The State University of New York

The State University of New York

www.suny.edu/student

Operation Inform 06

Thank you!

For more information:

WWW.SUNY.edu