Think about it. Universities get to decide how much money to charge their students. Likewise, parents and students decide if they can afford to pay it. Its a pretty simple proposition. But when the government suddenly makes hundreds of billions of dollars in student loans readily available under the popular (and voter-friendly) theory that everyone should go to college we see an unintended consequence. We see colleges suddenly motivated to charge more money. A lot more. And so they embark on their own PR campaigns to boost enrollment. They hire ad agencies and publicists and lobbyists and go about the business of persuading people to invest in their future. And most importantly, they provide an admissions department to help arrange for an affordable student loan. This is whats been happening for the last 40 years.
If blame is your thing, theres plenty to go around. Republicans and Democrats have both allowed a trillion dollars of public money to flow freely between students and colleges with no real accountability for the results. And millions of well-intended parents and guidance counselors are still pushing the idea that a four-year degree is the only viable path to happiness. This in spite of the fact that the vast majority of available jobs no longer require a diploma they require the willingness to learn a useful skill. And that kind of training does not demand the type of massive borrowing that has put college graduates a trillion dollars in the hole."......(more)
Sarah Adkins "Not to be rude or ungrateful here but Mike, but those jobs are considered "men's jobs". Since I was teenager I've been turned away from those jobs and treated pretty poorly by those looking to hire for such a job. I was more than willing to work my way up. I can MIG weld and arc weld, I've used a ridiculous number of hand tools, and learned mold making and casting. Everywhere you look they only hire men, not women for the jobs you list."
..I've worked with peopl like this...they want the top job on the first day because they went to some school...
A great (2011) speech by Mike Rowe here about his dawning realization that just maybe PETA, OSHA and many others do more harm than good.
Mike Rowe on Discovery, Realization and Lamb Castration
http://www.freerepublic.com/focus/f-chat/2650612/posts
Rowe laid the smackdown on these goobers.
bttt
Elizabeth Warren, Fauxahontas, got paid over $300,000 for teaching one course at Harvard. If that’s representative, no wonder Harvard costs so much! I’m sure there are people like her at other schools. Yeah, blame Republicans for keeping interest rates at market values.
Don’t blame one-percenters like Warren.
Meritocracy. It’s part of the government-college-human resources complex. You can never get there unless you buy your way in through a useless degree in a subject that has nothing to do with your prospective line of work.
The wealthiest individuals in the US ditched college to persue their own goals, and succeeded. They see this avenue as a potential source of competition, and will do whatever it takes to make sure that doesn’t happen.
This is why most college grads have the equivalent education of a 10th grader from 25 years ago.
And another lie accepted by the LIV: the Republicans want to raise interest rates on student loans. WRONG! The built-in rate hike is part of 0bamacare. It was part of the nationalization of student loans and the increased rate was intended to partially finance 0bamacaare. Not one Republican voted for it.
That has to be 500%, which is bad enough. It is not 500 times the rate of inflation.
You have to get your numbers straight if you want anyone to take you seriously.
How can the middle class send their kids to college for four or more years when the Republicans have made it far too expensive with raising interest rates on school loans and wanting to end federal grants?”-——
God Lord people are stupid..
No Republican or Democrat for that matter, unless they are on the Board of any Coolege, has anything to do with the rising cost of College.
I do not know where or when this “Student loan” thing started. I put myself through college working in a tire factory during the summer. I smelled like burning rubber for the first couple of weeks of the term (Really put a crimp in my social life) but I didn’t take out any loans.
Why is this even an issue? (Rhetorical)
I admire Rowe's ability to be so polite to these people. I could not do it. Willful ignorance offends me.