Posted on 02/10/2016 10:12:34 AM PST by SeekAndFind
Young voters should be very cautious in accepting Bernie Sanders' idea that college should be free. Anybody who thinks this socialist-spun fantasy is a responsible plan should look at the rising student loan debt. It is now at $1.3 trillion and is stifling the finances of young people who want to get married, buy a house, buy a car, or pursue any other financial goals.
Socialism is a millstone around the necks of America's middle class and poor. Anyone who disagrees with this should look at how the cost of a college education has risen much faster than wages. This was only possible because student loans became a substitute for incomes. They seemed to make college more affordable but that was not only an illusion: it was a hurtful, intentional fraud.
Democrats intentionally misrepresented the long-term costs of readily available student loans. Easy student loan credit increased the cost of college the same way easy mortgage loan credit, also created by the government, skyrocketed the cost of homes. But there is a huge difference: while the cost of homes has dropped in most parts of the country, college tuition has not dropped, it has continued to rise dramatically.
This is because student loans were given to almost anyone who applied for them. It seemed like free government money, but anyone who has a large student loan knows the money wasn't free; they have to pay it back over twenty years. And if Bernie Sanders gives free tuition to all who request it, it also will not be free. There is something missing here, the money has to be financed by somebody. And like the student loan debacle of the past thirty years the student tuition debt will end up being paid for by the students themselves,
(Excerpt) Read more at americanthinker.com ...
SOME EYE OPENERS FOR ME FROM THE ARTICLE:
Today there are teachers at the UCLA Medical School who earn up to $2.4 million a year. There are 40 who earn between one million a year and this $2.4 million. In California it’s easy to find the incomes of these college administrators and teachers.
Douglas Houstin, Chancellor at Yuba County community college earns $273,000 a year. This used to be the salary earned by presidents of the most expensive and prestigious Ivy League universities. Now it’s not unusual. And in the future when these public college administrators retire, the students will have to pay their one-percenter retirement packages. That’s another cost of free tuition.
You can explain this till you are blue in the face. Sanders’ supporters won’t understand this until it directly affects their pocket books. And by that time it’ll be too late and Sanders will be long gone. And it’ll be somebody else’s fault.
ANSWER: DEMOCRATS!
Can find salaries and pensions for California State employees here-—http://transparentcalifornia.com/
Further, if Sanders were to be elected and instituted ‘free higher education’, guess who would be screwed once the first of the ‘free education’ folks graduated and come into the job market? That would be today’s youth who racked up education debt that on average eats up $4,000-$5000 a year on repayments. Unless Sanders is going to cancel ALL education debt(which he won’t) the new grads will displace their indebted competitors because they will be able to do the same job for $4,000-$5,000 less a year without a loss in standard of living. Don’t think this will/would happen? Think H-1B visa workers displacing American workers now. People from places such as India who have no education debt replacing high-tech American workers now.
As mentioned in related threads, low-information Senator Sanders is a great example why the ill-conceived 17th Amendment should never have been ratified.
More specifically, Sen. Sanders is unsurprisingly clueless that the states have never delegated to the feds, expressly via the Constitution, the specific power to regulate, tax and spend for INTRAstate schooling purposes.
In fact, a previous generation of state sovereignty-respecting justices had clarified in broad terms that Congress is prohibited from appropriating taxes in the name of state power issues, essentially any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers, vote-winning intrastate school issues in this example not among those powers.
”Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” - Justice John Marshall, Gibbons v. Ogden, 1824.
Remember in November !
When patriots elect Trump, Cruz, or whatever conservative they elect, they also need to elect a new, state sovereignty-respecting Congress that will not only work within its constitutional Article I, Section 8-limited powers to support the new president, but also protect the states from unconstitutional federal government overreach.
Also, consider that such a Congress would probably be willing to fire state sovereignty-ignoring, pro-gay activist justices.
They’ll still vote for it because it they know they won’t pay back any loans anyway. And it sounds like more fun than mom’s basement.
Colleges are just like any other business. They seek to maximize profits for the least amount of capital investment. They found their niche by getting students to take out ridiculous government loans to pay for essentially worthless “education”, and run a racket with business through the concept of meritocracy.
Much of college is free now. Its totally crap that you have to pay for college. Khan academy is free. And Community college is extremely cheap for most and, free for many.
The reality is that kids love to hang around and while their parents or a bank let them stay in ridiculously expensive schools for far too long. And many of the classes that they take are not useful in a job search.
College says two things on your resume. One, is that you were smart enough to get in. For selective colleges this is the most important part. Bill Gates got into Harvard and realized he was wasting time after a year. Harvard did not make Gates, They just knew he was exceptional so they accepted him.
The other thing college degrees say about you, is that you have the tenacity to finish something that is kind of hard and long term. You don’t really need a good college to prove this point. And graduating in 3 years proves this point even more. Colleges of course try to get you to stay 4 or 5 years. Because they like the money.
But if you think there is something at college that makes you a better Google employee, you are mistaken. In fact, there are programs at many tech firms that try to convince college students to drop out and start working early. For many, college is a drunken waste of time and money.
But all these good little indoctrinated socialists believe that THEY will be among the elite and not have to suffer the indignities of having to conform and comply.
I screwed up. I should have bought my son a McDonalds.
Nothing is free. I taught my kids that early on.
Holy cow!!! Coaches make over $2 million, prison guards make over $200K... that's insane!
RE: Khan academy is free.
Is the degree from this college recognized by industries and companies in the US?
My son the architect was hired for a low-pay summer internship his sophomore summer. They hired him full time his junior summer and part time for the school year, then full time after graduation. Working caused him to take almost two extra years to get his masters. Then another company hired him away for more money and gave him lots of responsibilities. In his line of work the degree is a must, and he was in the right place at the right time to be helped along his way. Being a good worker didn't hurt, of course!
It’s just mind boggling. Nothing is free. Sooner or later someone will have to pay for it in the form of taxes, and I seriously doubt it if the payers will be the super rich. Can’t these socialist supporters figure this out?
“Free” doesn’t mean good.
It’s OK. It’s what the people of California want. After-all, they keep electing the same folk who endorse and enable this manner of spending election after election.
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