I wonder what Nick Saban (University of Alabama) would think about such a limit. He's getting 7 million dollars this year to coach.
Posted on 10/17/2015 7:33:17 PM PDT by SeekAndFind
Zero interest loans for superior students going for natural science degrees, like physics, biology, chemistry and mathematics and their corresponding disciplines. Contract education for superior students for qualifying medical degrees.
Liberal arts, Lawyers, Accountants, Political Science, Journalism et al ... pay their own way.
Here’s an idea - nationalize college education the way we’ve done it with medicine under Obamacare - have the government set up insurance banks to sell price-controlled vouchers for tuition along with panels to tell professors what and how they can teach - let’s see how that flies.....
I wonder what Nick Saban (University of Alabama) would think about such a limit. He's getting 7 million dollars this year to coach.
Economics is simple. If you artificially subsidize something, you shift the demand curve. In the case of college education, with the students no longer paying for their own education on a timescale they care about, they are willing to accept a higher cost in other people money. Government loans and subsidies both raised the cost of education and increased the demand for degrees that have no economic value. Government guaranteed loans need to be eliminated.
You’re on to it - get the govt out.
The author of the piece just offers more tyrannical rules, but doesn’t solve the real problem: government.
Academia is so enmeshed with the govt and lobbyists that these rules would never happen anyway. Nor will govt get out. Elites don’t see this real problem and don’t care that costs go up.
But the baseline tuition of your plan is already crazy-high.
That's a moronic solution. It agrees that the government should have a role.
That the government does have a role is the reason college cost is out in control in the first place. The government loans money, the colleges increase tuition, the government loans more money, the colleges increase tuition. Lather, rinse, repeat!
The solution is to stop government lending and change the rules such that private college loans have the same level of legal protection as car loans (try and repossess an education, LOL!). That will cause much wailing and gnashing of teeth in academia, but that is the point!
OK. So find a job with a minor employer, help grow the business, and eat the lunch of the major employer (whose pensioners can whine when they end up subsisting on Social Security).
Meanwhile, the rest of us in the general economy will be richer because of it.
Cut the government grants and funding, sit back and watch the prices fall.
Yes. My son-in-law is getting his MBA at the University of Arkansas mostly via online classes. He meets class only one weekend a month. This type learning will only grow as overpaid higher ed administrators and obscenely expensive bricks and mortar “learning temples” continue to price themselves out of the market.
http://gsb.uark.edu/executive-mba/
We designed the Walton EMBA to fit into your busy schedule. Our innovative, part-time program leverages classroom instruction with online learning activities and interactive team-based problem solving.
To complete the 38-hour program, our students attend classes part time, taking 6 hours of coursework per semester and attending class just one Saturday per month for two years. Even when classes are not in session, you have access to all of the Walton College’s learning resources from anywhere in the world through our extensive technology services and support.
Here’s another point on high academic costs.
I’ve seen PhD Asst Professors in engineering disciplines influence the procurement of multimillion dollar high tech equipment, which they could have fabricated from scratch for 4-5 orders of magnitude less in funding, ...simply by applying their own skills in the fabrication of the equipment.
If they were really as smart as they believe they are, their intelligence would be manifest in their production. Unfortunately, their lack of production does manifest their intelligence. They shouldn’t remain with the authority to influence such procurement or to occupy their positions in academia wasting the capital which has financed their established positions.
Indeed.
I cover local government for my newsblog - city council, county commission, school board. I have seen how the education establishment may start out a program with altruistic intentions. But when money gets tight, it comes down to how can we protect jobs, expensive medical benefits, and fat retirement programs.
Government employees - including schoolteachers - are the same the world over. They think they’re owed.
[1. Make all debt dischargeable in bankruptcy. To include student debt.
2. Get the government out of all guarantees of debt to include student debt.
3. Make colleges eat all bad loans]
^ This Please show me where the authority to subsidize higher education is in the constitution.
If the Democrats truly want to make college “free,” then they should offer to the professors and administrators and staff that they work for free. Otherwise, of course, it truly wouldn’t be free, and would result in higher — much higher — taxes for us.
Ya think that professors would work for free, you know, to be helpful toward the spirit of making college education free?
Well now, *I* have NO problem with any institution providing an education in ANY field a student wishes to enter; especially if (SINCE) the taxpayer is (SHOULD NOT BE) funding their endeavor.
I would leave the rest up to market forces. If biz, banks, etc. wish to voluntarily bankroll womyn/black studies, basket weaving, etc., more power to ‘em.
Course, I realize we’re no longer a Republic nor Capitalistic. Amazing the 180 accomplished in just over 100yrs...
Tax all college endowments over $1 billion.
End affirmative action, including accepting students who are not qualified except on the basis of demographics.
And don’t charge worthy students higher tuition to pay for the remedial classes, much less scholarships to those who will not graduate.
True. I forgot about that.
Sorry, but WHY does a teacher, accountant, etc. REQUIRE a degree? Because govt??
Where/when did all the apprenticeships die-off? Why are biz not offering ‘free education for X yrs. of work’ (Yeah, I know, prob. GOVT again).
No, We have allowed govt WAY too much leeway. I think even we here on FR forget govt is force/authority, but only the People have the Rights and POWER.
Eliminate tenure. Cut the dead weight.
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