My parents didn’t pay a dime of my college expenses. I had to do it all on my own. Maybe that’s why I busted my rear and took it so seriously.
My parents were well off but did not pay for mine. This should have never become the model. If you do not pay for it you do not value it. Other than the fact the price is totally ridiculous compared to 30+ years ago.
Unless one has first maxed out every other available tax-advantaged savings vehicle, saving for college is counterproductive.
Expect Obama to issue an executive order forgiving all federally guaranteed student loans early in 2016 and dare Congress to stop him. Will Congress step in and overrule him? Likely not. From then on the federal government will be on the hook to pay for college educations for all. Colleges and universities will be free to raise tuitions to any level knowing the feds are covering the bill. A win for the Democrat Party and leftists academics as well as students and families.
However, Congress will be forced to pay for universal college education via spending cuts (unlikely), higher taxes (likely), and increasing deficit spending (likely). More Cloward-Piven coming.
I resent the implication. It ignores the fact that the cost of college education is so completely divorced from the reality of what is reasonable. It, like the healthcare industry, shares the problem of government tampering and distortion of true market forces.
No, parents aren't ready to mortgage their homes to pay overinflated prices so that Liberal Professors can brainwash their kids with crap that no one needs to know, let alone providing any useful benefit as a result.
I believe we need to be pushing towards eliminating the need for these Liberal College professors. We need to dramatically cut the costs of University education by tossing out the need for overpriced instructors.
Texas has the right idea with their $10,000.00 degree program. We conservatives need to be supporting ideas for destroying the Liberal Academic monopoly. We need to be cutting it's throat, not paying it's ever increasing demands!
I was prepared to pay for my kids’ college, and I paid. If I had looked at an 18 y/o planning on drinking, partying, and not learning, or majoring in nonsense, I would no longer have been prepared to pay. America would be much better off if parents thought before sending their kids to college.
America now has two choices.
1) Don’t send your kids to college.
2) Vote for Bernie Sanders.
Which do YOU think they will choose?
Why does godless, leftist indoctrinations of high-minded ‘learning’ have to be sooooo expensive?
I know of a father of three daughters who is paying for their daughters to “learn a trade”. This way they are not dependent on a company’s whims if the economy buckles at any time, rather can “sell” their skill on their own......That does not mean they wouldn’t work for a company...but secures them to go it solo if the nation takes a nose dive.
Although my wife and I helped our kids out with college, they paid for their student loans.
Maybe they aren’t prepared to pay exorbitant prices.
If they don’t pay them, the prices will have to come down.
Obviously more government spending is required.
What I want to know is, if the government lets student borrowers off the hook, will it also give refunds to the parents who paid their kid’s tuition. It does not seem fair to reward borrowers and punish those who sacrificed to pay without borrowing.
How about the students who worked 2 and 3 jobs to pay their own way? Will they get a refund?
I know this is a little off subject, but the article reminded me. Why should parents bother save and sacrifice when they can just let the government forgive the “loans.”
I busted my ass out of highschool on the track gang changing out railroad ties by hand in the middle of August.
Saved all I could, applied for Engineering School and was accepted, put myself through school.
These little shits can do the same... or just go put in railroad ties by hand for a living, and skip college altogether.