[WOBBLY BOB]

Students Paying More and Getting Less, Study Says
http://www.nytimes.com/2009/01/16/us/16college.html

“the share of higher education budgets that goes to instruction has declined, while the portion spent on administrative costs has increased.”

(Sounds like every other Gov’t program.)

Maybe they could spend some of the millions in endowements they’re sitting on.

So when’s the congressional hearing on college ‘price gouging’ ?

(College costs are up 900% since 1978)

[Mouton]

This whole subject gets my BP up. There was an article in the local rag yesterday of a college in jacksonville that is instituting a graduate in 4 years program. Seems they want to avoid the extra costs for students that come with the 5 and 6 year programs that are now in vogue. Perhaps I am not normal, but I worked while in school virtually full time and owed nothing when I got out. Oh, I commuted from home which my parents offered to me to ensure I would not owe money. Got a decent degree and used it for a decent career once out of the army. Today, some schools pitch the amenities rather than the program: apartment style living, social events, et al, in other words, learning to live a life style above the norm as if one will be privileged throughout life. Of course, this is underwritten by the taxpayers with these stupid “loans”.
My advice, if they cannot pay it back, give them a shovel and put them on some road gang at $20 per hour, half going to debt reduction. They can begin rebuilding the infrastructure their chosen Excellency says he wants.