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To: oceanview
in fact, we likely have a situation now where US taxpayers subsidize tuition for foriegn national college students - who then return to their home countries and are hired by US corporations at a fraction of the prevailing US wage rate.

A few weeks back, I attended the USC Trojan Huddle -- the annual spring football scrimmage they have every year. After the game, they held a fire sale for all of last year's national championship merchandise. And, like always, they have students overseeing the sales and cashiering duties in the tent-setup they have for all this.

This year it was the engineering school who supervised the sale. I made a point of talking to as many students as I could. None were from this country. None. All were on financial assistance. It broke down pretty much on a consistent basis:

Tuition was paid for by U.S. government grants.
Living expenses were covered by their home govertments.
And everyone I talked to was going home when they graduated.

I don't post much on these threads anymore because I've got nothing much original to add anymore. But the tradeoff on this deal is really something to behold.

They get state of the art knowledge on how to support their own (and our) infrastructure.

We get cheap Radio Flyer wagons made in China.

Some deal.

19 posted on 04/23/2004 6:27:10 PM PDT by Euro-American Scum (A poverty-stricken middle class must be a disarmed middle class)
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To: Euro-American Scum
I don't post much on these threads anymore because I've got nothing much original to add anymore. But the tradeoff on this deal is really something to behold.

They get state of the art knowledge on how to support their own (and our) infrastructure.

We get cheap Radio Flyer wagons made in China.

Some deal.


Yeah, me too. Sometimes I wonder if we are the new Roman Empire where we are doomed to fall at some point, again this is one of the things my father spoke to me about when I was a young kid back in the 1970's. I'm looking at a website for old TV's, I'm an radio-electronics buff, and looking at the sets made in the 1950's, it amazes me that back then, we were on the top and then a generation or two later, we are not there now, sure we have the money but without a good manufacturing base to build it on, we are a house of cards.
20 posted on 04/23/2004 6:38:18 PM PDT by Nowhere Man ("Laws are the spider webs through which the big bugs fly past and the little ones get caught.")
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To: Euro-American Scum; lelio
I believe it. the US higher education system, the colleges and universities, aren't going to give up their $150+K per year administrators and faculty - so more and more taxpayer money goes for grants or loans that are never repaid.

yes, these threads have tailed off recently, since harpseal passed away I think.
22 posted on 04/23/2004 6:49:45 PM PDT by oceanview
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