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To: EyeGuy

“When will see some no talent academics hauled before Congress for the unending upward spiral in the cost of education?”

That won’t happen. Education costs are driven by government policy. For example, I got an MBA which my employer paid for 100%. Did my employer do this out to the goodness of their hearts? Companies have no heart. They did it because the tax codes made it too attractive not to do it. Did my company care what the courses cost? No. I could have gone to Lilly-put U or Harvard. They reimbursed 100%. Since they didn’t care one wit what the cost was the universities can charge whatever they want. I know adjunct professors making $60-80k and the retirement benefits (state) are unbelievable.

That’s just one aspect.

Now, from the school’s perspective, why would they want to lower their cost to students? Students can get loans out the whazoo. Do they care whether the student is saddled with debt? Caveat emptor.


9 posted on 04/12/2011 6:35:03 AM PDT by Gen.Blather
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To: Gen.Blather

“Education costs are driven by government policy.”

####

Correct, and therein lies my point:

The ridiculous charade of hauling oil company executives in front of Congressional committees, when the price of oil is driven largely by destructive government taxes and regulation.

More apropos would be to investigate Congress. Whatever the particular large problem of the moment is, in the United States, there is a very good chance it starts with government.


11 posted on 04/12/2011 6:41:23 AM PDT by EyeGuy (Gimme Shelter)
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