Mass Construction Show
100K/YR College, Cost & Time of Permitting
Apr 16, 2024
Special guest Sean George of Dunmoe Consulting discusses the high costs of Massachusetts colleges, promoting trade schools as an alternative. They explore rising college tuition, vocational education, construction salaries vs. higher education costs, and alternative paths for high school students. They also delve into navigating construction permits, project costs, and financial aspects of project permitting.
43:25
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Quick takeaways
- Cost of college education exceeds $100,000 annually, leading to high student loans.
- Obtaining permits for construction involves substantial financial investments and time commitments, influencing project feasibility.
Deep dives
Rising College Costs in Massachusetts
Colleges in Massachusetts, like Wellesley and Boston University, have surpassed $90,000 a year in tuition fees, with Brandeis and Olin exceeding $89,000. Miscellaneous expenses can easily push the total cost to over $100,000 annually, leading to substantial student loans. This considerable financial burden raises concerns about the affordability and sustainability of higher education.
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