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WATCH: Ron Paul Wants To Kill Costly Federal Student Loan Program (VIDEO)
InvestmentWatchBlog ^

Posted on 10/23/2011 7:06:25 PM PDT by alexmai

His point is actually correct, a large part of the reason many schools way over-charg­e for tuition is that they know student will be lent them money and the students will often spend 50-60K a year “(or more) on tuition as opposed to finding the best deal for their money because the figure “i can just borrow it” not taking into account the crippling effects of being in your mid-twenti­es with 300K or so in debt. getting of the student loan program (for but the truly neediest cases,, and even then limiting it to no more than 15K a year) would force the schools that are over-charg­ing to ennact more competitiv­e pricing structure which would be both good for the taxpayers and the students.

(Excerpt) Read more at investmentwatchblog.com ...


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KEYWORDS: paul4alqeda; paultards

1 posted on 10/23/2011 7:06:29 PM PDT by alexmai
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To: alexmai

Stuff like this makes me glad I never went to college.


2 posted on 10/23/2011 7:14:11 PM PDT by wastedyears (Attaaack Waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaatch)
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To: wastedyears

Actually a big part of it is too many people going to college when they really shouldn’t have.

College should be for the best and brightest as well as those suited to it. I certainly wasn’t suited for it and I’m damn proud if being blue collar.


3 posted on 10/23/2011 7:17:19 PM PDT by cripplecreek (A vote for Amnesty is a vote for a permanent Democrat majority. ..Choose well.)
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To: alexmai

It might also influence business to take over the training of many occupations.


4 posted on 10/23/2011 7:18:05 PM PDT by Jonty30
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To: alexmai
Good, but the little crap eaters who want “student loan bailouts” better have to pay off their debt.
5 posted on 10/23/2011 7:28:08 PM PDT by teenyelliott (www.therightscoop.com/herman-cain-brings-the-house-down-at-values-voter-summit/)
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To: alexmai

You’ve posted a total of ten threads since joining FR in July, yet you haven’t posted a single reply.

Just so you know, that’s considered extremely bad form around here, and makes you suspicious in the eyes of many forum regulars.


6 posted on 10/23/2011 7:28:19 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: alexmai

bubble, bubble, bubble — it’s the student loan education bubble, funded and hyperinflated by our great society government.


7 posted on 10/23/2011 7:30:03 PM PDT by nightmarewhileawake
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To: Windflier; alexmai
You’ve posted a total of ten threads since joining FR in July, yet you haven’t posted a single reply.

Just so you know, that’s considered extremely bad form around here, and makes you suspicious in the eyes of many forum regulars.

See, here, old boy. It's like chilling old claret or beating someone else's wife. It's just not done in the best circles.

8 posted on 10/23/2011 7:32:19 PM PDT by Lonesome in Massachussets (Ceterum autem censeo, Obama delenda est.)
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To: nightmarewhileawake

The great society of LBJ was the death knell of the black community.

The student loan bubble will be the death knell of height education for a loooonnnnng time.

Years from now, marrying someone with NO student loan debt, will be part of being a winner.


9 posted on 10/23/2011 7:34:50 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: Windflier

Yeah I took a gander at the born on date myself.


10 posted on 10/23/2011 7:37:04 PM PDT by cripplecreek (A vote for Amnesty is a vote for a permanent Democrat majority. ..Choose well.)
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To: alexmai

Ron Paul is right —there’s a huge bubble in education cuz the brainless consumers have access to oodles of capital with NO WAY at all to liquidate that debt when the music stops and as PhD Basket Weavers they cannot find work.

It’s the academic equivalent of Mexican berry pickers buying million dollar homes.

Profs bash private biz as opportunistic slave-drivers taking advantage of kids, while that is EXACTLY what they themselves are doing.

More —if the kids hesitate to go round the self-intro circle “Hi I’m Mike, and I’m GAY” then their grade suffers —again no recourse. If you don’t answer an essay with the proper ideology then you’re downgraded and if you let out a peep then YOU are the unreasonable one.


11 posted on 10/23/2011 7:38:29 PM PDT by gaijin
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To: alexmai
I have a couple of problems watching and listening to Ron Paul. for a guy who is about 80% right the other 20% is totally off the charts “F”ing crazy. And, every time I see or hear Paul all I can think of is Jeff Dunham’s “WALTER”, complete with the glued on eyebrows!

http://www.youtube.com/watch?v=1kXOg23pGeA

12 posted on 10/23/2011 7:39:40 PM PDT by WellyP (REAL)
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To: alexmai

Why don’t we bail out bank robbers?
That’s exactly what a lot of this “student loan” mess is.
They’re robbing the bank now and are unhappy that they’ve got this debt following them. Boo, boo, who.
Try being a fly on the wall and listen to some of these “students” discussing their techniques for getting the tuition money and how many days they have to attend class before they can drop out and keep most of the $$$. They’ve figured out early on how to get money without working. We are raising an entitlement minded bunch of bums... we’re not stealing from our grandchildren — they’re stealing from themselves.


13 posted on 10/23/2011 7:40:24 PM PDT by nightmarewhileawake
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To: FReepers; everyone; All
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14 posted on 10/23/2011 7:47:02 PM PDT by onyx (You're here on FR, so support it! Compiling New Sarah Ping List. Let me know if you want on it.)
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To: alexmai

Ron Paul is right about most things, not all but most things. He’s right about the inflated and artifical cost of education.


15 posted on 10/23/2011 7:52:29 PM PDT by boycott (CAL)
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To: wastedyears

I worked my way through college, babysitting, cleaning homes, mowing lawns, jobs on campus, etc. One loan, 200.00 when I went one semester part time, they wanted payment in full.


16 posted on 10/23/2011 7:56:41 PM PDT by television is just wrong
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To: Windflier

Looks like a Paulbot that doesn’t want to play.


17 posted on 10/23/2011 7:59:49 PM PDT by Grunthor (Poster may come off as abrasive, perhaps even rude. Consider this your warning.)
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To: boycott
Ron Paul is right about most things, not all but most things. He’s right about the inflated and artifical cost of education.

I don't like Ron Paul's views on drugs and his views on Iran, but I can put those aside for his views on the FED and out-of-control Gov't and spending. Solving these are critical, and besides Bachmann, Ron Paul is the only one willing to step up with serious plans.

If we are bankrupt nation torn apart from within, then it won't matter at all what Iran is doing...

18 posted on 10/23/2011 8:02:39 PM PDT by PGR88 (I'm so open-minded my brains fell out)
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To: alexmai

Wait until the other shoe drops and Paul reveals the REST of his plan.....to just GIVE everyone a college scholarship.


19 posted on 10/23/2011 8:19:39 PM PDT by Tucker39
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To: alexmai

The more students can borrow, the more colleges can rake in the dough.

And all this excess cash flowing into colleges has fueled a kind of academic arms race: schools flush with cash vying with each other to contruct the most lavish facilities and hire the most prestigious professors.

What does paying a sports coach a million dollars a year have to do with a kid getting a good education???


20 posted on 10/23/2011 8:30:08 PM PDT by Age of Reason
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To: alexmai

If it puts lib “profs” in hotels cleaning toilets ( the only thing they are qualified for), I’ll vote for him yen times.


21 posted on 10/23/2011 8:42:02 PM PDT by Da Coyote
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To: Da Coyote

IPAD goof. That’s “ten,” of course.


22 posted on 10/23/2011 8:44:00 PM PDT by Da Coyote
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To: TruthConquers

“Years from now, marrying someone with NO student loan debt, will be part of being a winner.”

Uhhh...I’ve read that this is true RIGHT NOW.

You know, it’s hard to believe that I never even bothered asking serious girlfriends or future wives about their financial condition - I knew that they worked, and that they seemed reasonably responsible. That seemed good enough at the time.


23 posted on 10/23/2011 8:56:02 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: television is just wrong
I worked my way through college, babysitting, cleaning homes, mowing lawns, jobs on campus, etc. One loan, 200.00 when I went one semester part time, they wanted payment in full.

Good for you! I also worked my way through as a co-op student plus I cleaned offices, moved furniture and pumped gas. I did not actually know that you could borrow money for college until years later after I graduated. I relied solely on whatever they told me at the Financial Aid office on campus. The student loans I was granted by "financial aid" were a total of $1500 and I paid them off many years ago.

24 posted on 10/23/2011 9:08:10 PM PDT by BRK
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To: alexmai

Paul loves to hear himself talk.

Can any one point to any success the 12 term congressman has had in any area?


25 posted on 10/23/2011 9:09:44 PM PDT by NoLibZone (Democrats are violent. Prisons are overflowing with democrats convicted of violent crimes.)
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To: nightmarewhileawake

Well, as someone who is going to college, and have taken out loans to help pay for it, let me just say the .Gov will get every single penny back..no ifs ands or buts about it.

What does amaze me is the 7% interest rates on the loans, when the prime rate is what..3%?

Do agree with Paul about tuition being a racket, because it is, however ending the loan program is not the best way to solve it imo.


26 posted on 10/23/2011 9:19:21 PM PDT by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: Lonesome in Massachussets
See, here, old boy. It's like chilling old claret or beating someone else's wife. It's just not done in the best circles.

Yes.....wouldn't want our betters to sully themselves by actually engaging in discourse with us, now would we?

27 posted on 10/23/2011 9:31:51 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: cripplecreek
Yeah I took a gander at the born on date myself.

Born in July, but still won't talk to us little people. How rude...

28 posted on 10/23/2011 9:32:59 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Grunthor
Looks like a Paulbot that doesn’t want to play.

That's what I'm thinking...

29 posted on 10/23/2011 9:33:59 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: The Antiyuppie

WOW, well, my daughter is only 18 and hasn’t even started thinking about marriage, yet.

Didn’t take as long as I thought for the student loan slavery meme to hit the dating scene!!!

sigh


30 posted on 10/23/2011 9:48:56 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: television is just wrong
How would a student babysit and mow enough lawns today to pay the $50,000 plus in tuition and fees per year at many of our countries so-called institutions of higher learning? And I'm not just talking Ivies, I'm talking many B level or even lower schools.

Nobody would need such huge loans if tuition in this country hadn't risen 234% on average in the last 20 years.

1992— tuition and fees at my school: $20,000 2011 - $52,000!

31 posted on 10/24/2011 12:12:31 AM PDT by MacMattico
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To: MacMattico

There is NO economic reason for tuitions to rise at a 10-12% pace in the universities, but for TENURE, and insane union contracts.

As long as they can get government to foot the bill, they have NO incentive, whatsoever, to try and reign in costs.

And I am VERY familiar with how state-run universities operate, and it would make a federal wonk green with envy.


32 posted on 10/24/2011 12:16:34 AM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: tcrlaf

I hear you.

Occupy the Quad!


33 posted on 10/24/2011 12:18:56 AM PDT by MacMattico
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To: MacMattico

So.....where did you matriculate?

My daughter is a rather recent PharmD who is still paying off her student loans. However, $52,000 per year? Not even close...


34 posted on 10/24/2011 12:20:49 AM PDT by dixiechick2000 (Proud barbarian TEA Party SOB)
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To: dixiechick2000

Starts with an S ends with E... Just beat West Virginia yesterday!


35 posted on 10/24/2011 12:24:08 AM PDT by MacMattico
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To: MacMattico

PLEASE...it’s late. Don’t make me look it up.


36 posted on 10/24/2011 12:27:23 AM PDT by dixiechick2000 (Proud barbarian TEA Party SOB)
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To: dixiechick2000

Sorry...:) Syracuse


37 posted on 10/24/2011 12:28:46 AM PDT by MacMattico
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To: MacMattico

OH! Okie dokie...thank you.

Tuition surely is high in the NE.

We’re on the left coast, and her tuition, even in PharmD school, wasn’t nearly that high.


38 posted on 10/24/2011 12:31:23 AM PDT by dixiechick2000 (Proud barbarian TEA Party SOB)
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To: dixiechick2000

That’s tuition,room & board and all those wonderful, pointless “fees”.


39 posted on 10/24/2011 12:33:36 AM PDT by MacMattico
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To: MacMattico

The “fees” will kill ya’! No doubt about that. However, it’s still high compared to my daughter’s experience.

BTW, I was fortunate enough to see Syracuse in the championship game of the Final Four at the Meadowlands in, IIRC, ‘96. Boeheim is/was a great coach. Is he still there?


40 posted on 10/24/2011 12:44:23 AM PDT by dixiechick2000 (Proud barbarian TEA Party SOB)
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To: dixiechick2000

Yes, still there! But Syracuse is supposedly moving from the Big East to the ACC and he doesn’t really like the idea, so I’m thinking a few more years and he retires.

1996- loss :(

2003— he finally got his championship!


41 posted on 10/24/2011 12:56:00 AM PDT by MacMattico
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To: dixiechick2000

My husband used to say Syracuse cost a lot so B- students could feel like they went to a good school. If the check cleared.

And he went there too!

I used to get so mad at him— I worked hard in school and he just went with the flow!


42 posted on 10/24/2011 1:03:36 AM PDT by MacMattico
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To: MacMattico

I worked 6 different locations regularly worked on campus part time. Gas was $10.00 a week, and yes things cost less I saved 3 years before to pay for this as well. During the Carter administration too. I was much younger then and had little difficulty finding work.

Today, I have been unemployed for almost 2 years. Laid off from the Boy Scouts of America, I also fractured my spine 7 months ago. Times are worse today.


43 posted on 10/24/2011 7:46:10 AM PDT by television is just wrong
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To: MacMattico

ACC? That’s as stupid as the PAC 12!

The ACC is a tough b’ball conference. If I were him, I’d make the move, and retire on the spot.

I remember 2003. What a great time for Syracuse!


44 posted on 10/24/2011 11:38:41 PM PDT by dixiechick2000 (Proud barbarian TEA Party SOB)
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To: MacMattico

You worked hard, and that is to your credit. However, I don’t think that your husband going to Syracuse is to his detriment.

He may have had it a tad easier, but you have the life experience that no one can take away from you.

That’s one thing that is missing from college these days...life experience. Too many have taken out student loans...government loans...and have nothing to show for it. Their degrees are useless but, mostly, they haven’t had the experience of working their way through college.

They DO have the experience of being handed a credit card to do what they will with, and rack up huge amounts of debt.

That’s what concerns me so much at this time.


45 posted on 10/24/2011 11:45:07 PM PDT by dixiechick2000 (Proud barbarian TEA Party SOB)
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To: dixiechick2000
Yeah, they're reporting the decision has been made to go ACC. Boeheim isn't happy about it but says he'll stay for now to help make a smooth transition. It may take a year or two, though, as the Big East has some sort of rules they have to follow. Season ticket holders aren't happy because the new Chancellor and Athletic Director want us to play our big games in NYC, advertising Syracuse as “New York's best college sports program” when we are 400 miles away from the city!
46 posted on 10/25/2011 7:04:17 PM PDT by MacMattico
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To: dixiechick2000

Yes, I have nieces that fell for the “get your credit card here” game during their first days of school and yes, girls, you do have to pay them back!


47 posted on 10/25/2011 7:11:20 PM PDT by MacMattico
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To: Age of Reason

From my vantage point as a professor at a community college I can attest that 85% of our students should not be in college.

They don’t participate in classes, they don’t attend and they parachute into classes to take tests. Then at the end of the semester they want to know what they can do to improve their grades. I have a 33% pass rate and administration wants me to raise this to 50%. One colleague has a 25% pass rate. I’m not privy to other faculty data, but I’d say anecdotally that few faculty pass more than 50%.

Administration wants us to reach a 50% or better pass rate and the Governor of Georgia wants a higher proportion of students to graduate. No way, no how!


48 posted on 11/12/2011 8:54:27 PM PST by ccwman
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