Posted on 12/26/2010 8:46:04 PM PST by Flavius
As you read this, there are over 18 million students enrolled at the nearly 5,000 colleges and universities currently in operation across the United States. Many of these institutions of higher learning are now charging $20,000, $30,000 or even $40,000 a year for tuition and fees. That does not even count living expenses. Today it is 400% more expensive to go to college in the United States than it was just 30 years ago.
Read more: http://www.businessinsider.com/facts-about-student-loan-debt-2010-12##ixzz19C0sagpR
(Excerpt) Read more at businessinsider.com ...
“We need to cut the salaries of the professors and limit what schools can charge, and what courses the students are allowed to take.”
I assume you are being sarcastic. You don’t really think that do you?
Easy solution: stop subsidizing colleges w taxpayer money. The pricing model will adjust quickly
It’s called credit
Now the bill is due
Many students in my father’s generation and in mine studied abroad. In his generation, it was in places like Guadalcanal, the Philippines, Italy, Normandy, and Korea. In mine it was Vietnam, Lebanon, Africa and Honduras. We learned discipline, fitness, marksmanship, navigation, languages, public health and above all, leadership.
“so he went to a Technical School instead of a college. He’ll soon be making more money than most college grads.”
Same here......
No College degree, but sharp as a tack. Saving hundreds of thousands of lives & making big bucks.
I’ve got two sons in college.
One is the product of a liberal undergrad education, has spent the last 6 years studying all over the world, can’t find a job because he has a worthless Masters degree in cultural studies, and is hundreds of thousands of dollars in debt because Sallie Mae has, since he was 19, continued year after year after year, to give him private student loans knowingly WITHOUT a required co-signer. His only chance at successful repayment may be to incur MORE debt by getting his Doctorate in a marketable field. On a positive note, at least he didn’t accept the untold number of credit cards that were thrown at him when he first entered school.
The other son who I never thought would go to college is now 27 and is attending Phoenix, on-line, for a bachelors in Criminal Justice. He will have only Stafford loans to re-pay, but after only one year of study has already begun working in his field.
Sounds like my father talking.
He was a tool & die maker when pulled over to the engineering side back in the late 50s. Within a few years he had his own department. When the company was taken over by Textron he became a corporate trouble shooter for assembly lines, the job included numerous moves. His major complaint was the “collage educated idiots” with engineering degrees he had to work with.
Just wait, it will get worse. With the government taking over the student loan program, it will turn into another “wealth redistribution” program, with the favored minorities getting their loans forgiven, and the “rich” white people making up the difference.
I graduated from High School in 1960, I wouldnt have dreamed of borrowing thousands of dollars to go to college.
Todays credit card economy and easy loans have teught young people that debt is a part of their lives. They have no aversion to owing money.
I have livd a decent life raised two kids sent one of them to college, (Community college), own my own home and don’t owe a penny to anyone.
Kids coming out of college owing a hundred thousand dollars to the government with no promise of getting a job, and no jobs to be had. Man, something is screwed up.
lol - I spell words wrong all the time, am too lazy to hit the spell check button, but well edumacated ...
Its another area destroyed by the fed govt. Peter schiff did a great piece on this.
You are absolutely correct!
Our nation is barely a shell of what it used to be in the arena of technical expertise. The reason??? The answer is that our colleges are turning out just about every useless “pencil pushing”,”heavy thinking”, and “loud talking” degrees that can be imagined while the technical disciplines are neglected.
We have educated ourselves into a nation of ants and aphids...and we are the aphids serving sugar to our masters...the ants.
“Banksters are still scheming how to get peasants to take out loans for food and water.”
In the way of food, they already have. It’s called credit cards at 24% interest for those who don’t pay on time.
My daughter is a EE major. At least I can say she is getting an education or learning a few things — unlike most liberal arts majors. And that is too bad; I was a liberal arts major, but that was before most of the PC crap hit the colleges and universities.
Colleges have turned into another madoffian part of our society in need of a collapse.
Its total stupidity to saddle young people with this crazy debt and will have awful economic implications in the future.
Thank you! That's the short-and-sweet of it. College is not merely "many times more expensive" than it used to be, and less academically enriched; it's also going to be much harder to pay for later, because jobs are vanishing. The odds have gotten longer than people realize.
I know many good people, intelligent parents, who simply won't think critically about college. It's like an article of faith. The kids have to go to college. I've tried to tell them it's a waste, and a crime (the crime I refer to being FRAUD), but they just don't absorb it. One friend of mine with many kids has told me that a school geared toward getting its graduates into trade schools is thereby inferior, while a school geared toward getting its grads into college is thereby superior. I daresay this is a common error nowadays. (In any case, all public schools stink IMO.)
In the good old days, we studied a broad, felt her up pretty good, and finished in four years.
Fixed it for ya.
My niece went off to college as an engineering major — then switched to “gender studies”. My brother is paying over $50,000 a year so that she can get a degree that allows her to say “I blame the patriarchy” with great fervor. Yippee!
A degree gives companies cover when they hire. With lawsuits and the EEOC, everything needs to be documented. Picking people with aptitude over credentials appears very subjective.
At least with engineering or science, there are difficult courses to master. With too many social science majors, you have people taking garbage courses with no bearing on their future employment.
Do we really need any more social work grads? ...and don’t get me started on the destruction MBAs leave in their wake as they run companies into the ground.
Believe it, people. He speaks the gospel truth there. I see it close up.
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