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Stell Hall Empty
After Installation of 'Sitting Meters' |
Hanover,
NH: In a widely anticipated announcement, Dean
Robert Hanson announced on Monday that the Tuck School
of Business would convert traditional per-term tuition
into menu-based pricing, effective January 4th 2007. In
a radical change for the higher education industry,
Tuck’s new tuition program is expected to better align
revenues and costs, and to provide the students direct
power over their MBA investment.
“The successful
combination of reducing DBAs and raising Byrne prices
taught us that students would simply ‘bitch and buy’
when confronted with artificially constrained supply”
commented Hanson. “Extending this concept throughout
Tuck was a natural progression.”
The first iteration of
the new program is the much-praised Greenprint program,
which is already credited with saving four saplings and
causing 30% of first years to be late for
accounting class. “So far physical damages to printer
terminals have far exceeded financial savings, however
consumer reactions have already shifted from blind hate
to merely vitriolic,” noted Christopher Paras, of the
office formerly known as Tuck Computing.
The new program is based
on a simple market-based menu of services. For example,
under proposed pricing each Decision Science lecture
will cost students $0.32, while a corresponding tutor
will cost $323.04 per hour. Most bathroom stalls are
expected to cost $0.45 per minute, Stell leather chairs
$1.33 per quarter-hour, and Whittemore study rooms $15
per hour. While the average cost of a Tuck education is
expected to remain unchanged at nine years of marketing
or fourteen months of investment banking, individual
investments are expected to vary widely.
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"If the poor
ones want to learn something and the
financial aid has run out, they can just
stand in the back."
-Dean Danos |
“We believe that MBA
candidates today are more capable than ever to make
educated consumer decisions” emphasized Dean Paul Danos.
“If the poor ones want to learn something and the
financial aid has run out, they can just stand in the
back.”
Tuck expects to generate
an additional $40 million revenue annually by applying
more accurate supply and demand pricing. While Tuck
remains “100% full-time MBA focused,” top professors are
expected to further gravitate toward higher-paying
Executive Education courses. “These people and their
sponsor companies have money. Money that the students
don’t have. We are 100% full-time MBA focused,” added
Danos.
Student reactions to the
new plan have been mixed to date, with many adopting
dismayed apathy. “Is that a debit on the left side?”
asked Frances Brooks. Added Tim Keeney,” I look good in
a uniform too, you know.” Some students have vowed to
fight the system. Noted Christopher Hanley, “I owe
$97,876 to Tuck so far. I don’t care how much it costs,
I’m going to shit in the Deanery men's room from now on.”
As of press time, prices were $4.50 per minute. |