Hello There, Guest! (LoginRegister)

Post Reply 
Rice Applications Set Record
Author Message
junrice Offline
Special Teams
*

Posts: 787
Joined: Nov 2006
Reputation: 20
I Root For: RICE
Location: Great NYC
Post: #21
RE: Rice Applications Set Record
if we use our 10% enrollment as lottery, will bring more applications.

of course the probability in lottery is somehow still positive correlated with SAT or sth like that.
(This post was last modified: 02-27-2014 05:12 PM by junrice.)
02-27-2014 05:11 PM
Find all posts by this user Quote this message in a reply
JOwl Offline
sum guy

Posts: 2,694
Joined: Jun 2005
I Root For: Rice
Location: Hell's Kitchen

DonatorsNew Orleans Bowl
Post: #22
RE: Rice Applications Set Record
(02-27-2014 12:26 PM)Hambone10 Wrote:  
(02-27-2014 11:35 AM)talon owl Wrote:  
(02-27-2014 11:24 AM)d1owls4life Wrote:  Wow, that's quite an increase. Wonder what has spurred it.

The CUSA Championship and Liberty Bowl appearance, no doubt.

+1

Though certainly our reasonable opening against a highly regarded (even if they didn't turn out so great) A&M and Manziel.

It's not as if these kids sat around and said,... where should I apply? Well, who won the Liberty Bowl?? It's the more frequent mentions on TV, and our game against A&M... plus A&M's issues going into it (both positive and negative) certainly helped (imo).

I'd be surprised if football had any significant bearing on it. As I45 noted (more pithily), the admissions deadline was January 1 and the CUSA title game and Liberty Bowl were both in December.
02-27-2014 05:40 PM
Find all posts by this user Quote this message in a reply
Hambone10 Online
Hooter
*

Posts: 40,278
Joined: Nov 2005
Reputation: 1284
I Root For: My Kids
Location: Right Down th Middle

New Orleans BowlDonatorsThe Parliament Awards
Post: #23
RE: Rice Applications Set Record
(02-27-2014 05:40 PM)JOwl Wrote:  
(02-27-2014 12:26 PM)Hambone10 Wrote:  
(02-27-2014 11:35 AM)talon owl Wrote:  
(02-27-2014 11:24 AM)d1owls4life Wrote:  Wow, that's quite an increase. Wonder what has spurred it.

The CUSA Championship and Liberty Bowl appearance, no doubt.

+1

Though certainly our reasonable opening against a highly regarded (even if they didn't turn out so great) A&M and Manziel.

It's not as if these kids sat around and said,... where should I apply? Well, who won the Liberty Bowl?? It's the more frequent mentions on TV, and our game against A&M... plus A&M's issues going into it (both positive and negative) certainly helped (imo).

I'd be surprised if football had any significant bearing on it. As I45 noted (more pithily), the admissions deadline was January 1 and the CUSA title game and Liberty Bowl were both in December.

My apologies...
My +1 comment was somewhat in jest... which i thought was made obvious by my 'it's not as if' note

The A&M game was 8/31 and there was a lot of hype around Manziel... and at least for a half, we looked darn good. Those mentions both leading up to and then after the game (the highlights and the controversy) gave us numerous mentions in places we don't often get mentioned.

No I can't prove it, but I can't think of many other things that happened to cause such a dramatic change. The Centennial campaign where we raised $1byn was in 2012, and if THOSE mentions had had any effect whatsoever... we should have seen at least a small creep last year.
02-27-2014 06:43 PM
Find all posts by this user Quote this message in a reply
greyowl72 Offline
Heisman
*

Posts: 5,643
Joined: Apr 2008
Reputation: 60
I Root For: Rice
Location: Permanent Basement
Post: #24
RE: Rice Applications Set Record
(02-27-2014 03:52 PM)NYNightOwl Wrote:  
(02-27-2014 01:52 PM)Hambone10 Wrote:  As I understand it, the reason we have had a skyrocket in tuition/fees (and the subsequent massive increase in the endowment) is because you score better if you charge 50,000 for tuition and the average student only pays 20k than you do if you charge everyone 20k. I suspect it is because 50/20 also gives a school more leeway in social engineering. I don't say that as a bad thing... merely as a statement.

From what I've gleaned, financial aid has indeed been increased dollar for dollar with the increase for those who need it so, as Hambone points out, actual increase in tuition outlay for the average student lags list price increase.

I'm not on an inner circle of info here, but as I understand it, a couple of reasons for increasing tuition include: 1) As we expand our global reach we've also had an increase in the number of international students. We're now up to 10% of the student body I believe. Pretty much all of them pay @ list price, so no need to subsidize tuition for them more than we already do (Even list tuition is subsidized) 2) For some parents, especially in the NE, apparently cheap sticker can equate to cheap quality. When we were zero tutition, that was unique (see: Webb Institute of Naval Technology or Cooper Union - although even Cooper is recently no longer free). When we were $4,000 vs. $12,000 in the 80's, that was a huge difference in both absolute and percentages. In 2014 the percentages aren't enough to make a huge perception difference in the "wow what a steal" category, but do hurt us with those equating price with quality.

I also believe we annually spend a higher percentage of our endowment than most any other comparable university does, which has the net effect of decreasing growth in endowment vs. other comparable universities (unless we outperform them on investments or fundraising), leading to a long-term reduction in money thrown off from the endowment and so on... Increasing tuition for those who can theoretically afford it is one way of managing the spend.

I can (sorta ) confirm the statement about us spending a high percentage of our endowment income than most. I had some folks from the Rice gifts and trust Dept. visit the other day and they said we are in the upper 25% of that group. Look for Rice to step up its efforts to get more donors to give funds to meet annual university expenses. This might be another reason Rice tuition is increasing.
02-27-2014 07:25 PM
Find all posts by this user Quote this message in a reply
talon owl Offline
Chicken Fingers Justin
*

Posts: 10,277
Joined: Jun 2005
Reputation: 38
I Root For: The OE Arrrrrgh
Location: North/South Face

New Orleans BowlThe Parliament Awards
Post: #25
RE: Rice Applications Set Record
My comment was mostly tongue-in-cheek, but hey it's good news let's conflate things!
(This post was last modified: 02-27-2014 07:54 PM by talon owl.)
02-27-2014 07:53 PM
Find all posts by this user Quote this message in a reply
owl40 Offline
1st String
*

Posts: 1,875
Joined: Sep 2007
Reputation: 77
I Root For: Owls
Location:
Post: #26
RE: Rice Applications Set Record
One point I had not seen discussed much driving this and a bunch of questions the topic opens-up...

First is International impact (which one could argue has also impacted athletic attendance, involvement, etc).
There are
~300K 18-year olds in Texas
~4M 18-year olds in US
Over 200M in World (fastest growing group is 12-18)
http://news.bbc.co.uk/2/shared/spl/hi/gu...efault.stm

Rice brand is not just Texas or even US but those outside of US. That does create situation that now average smart kid in Houston is now competing against more kids from India, China, Brazil, etc. that would not have applied years ago as Rice increases Intl admittance and Rice brand spreads to places it has not been historically. Could argue there is a network effect happening overseas as Rice brand grows w/ new faces that get exposure. Thus, normal to figure that admittance requests would outpace historical averages..especially as a defined strategy of the University is to increase Intl admittance which would seem to have micro benefits to the University but not sure about the macro benefits.

Opens-up some interesting questions (without making anything political) about things like?

a) Supply and demand imbalance of top-notch University education. The 'supply' of top-notch schools has not grown despite the increased International (and to a certain degree..domestic) demand. Social engineering, financial aid, etc. questions get opened-up as International students more likely to be price inelastic than US kids requiring support from outside sources. Data on price increases would support that price increases rising much faster than inflation and other cost(s) that are non-capital projects.

b) Value of top-notch US private (and public for that matter) universities educating foreign kids to then have US govt. create high barriers to remain in US on Visa, Citizenship, etc. when most leave to then add intellectual and economic value to another foreign country. Except for US Tech Execs, Immigration debate usually framed around low-end vs. educated and one-size fits all solutions.

c) With the internet and automated application processes the barriers to entry to apply are at an all-time low. Is that good or bad to apply to 15-20 schools vs. 1-5 back-in-the-day (from University perspective, not student as obviously students want to maximize optionality for themselves)? Do you want students who view Rice as a second, third, or even 10th choice?

d) Does Rice (and others) admissions process set-up to scale? Do we still get the best 1000 kids out of 17-20K that apply based upon the low barriers to entry? Does admissions criteria need adjusting to look through a different lens than the historical admittance one? Is it as simple as throwing more admission bodies to evaluate applications to get the best student who fits with 'unconventional wisdom' or does the criteria go the opposite way b/c scale traditionally dicates more people require a more quantitative approach? (think Starbucks/McDonalds vs. local coffee/burger shop). Great interview with HR head at Google talking about how they try to manage around this 'lateral thinking' vs. 'math scores' approach when getting best people. Seems like admissions process is hard to scale to get the qualitative things that would add most value to the University vs. objective things like SAT, Class Rank, and Activities.
02-27-2014 10:06 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.