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A Common Sense Approach to Dealing with the College Debt Crisis

Posted on 3/12/19 at 7:39 am
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/12/19 at 7:39 am
I challenge you to keep an open mind and watch this presentation from SXSW. Free college is not the answer. We need to increase vocational training. We need to control the increase in college cost by decreasing the administrator to student ratio in order to improve cost efficiency.

LINK
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422585 posts
Posted on 3/12/19 at 7:41 am to
warning for all future posters: it's a Yang clip

do not click
Posted by Turbeauxdog
Member since Aug 2004
23193 posts
Posted on 3/12/19 at 7:42 am to
quote:

Free college is not the answer. We need to increase vocational training.


Yes

quote:

We need to control the increase in college cost by decreasing the administrator to student ratio in order to improve cost efficiency.


Result of virtually free money.

Dry up the money, solve the problem.

However, my guess is administrators will cut professors before they close the diversity office.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89551 posts
Posted on 3/12/19 at 7:42 am to
quote:

do not click


Wasn't going to, BUT you are a hero to those who might have, Jake.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57234 posts
Posted on 3/12/19 at 7:42 am to
Stop lending people money to go to college (to get worthless degrees). Problem solved.
Posted by UnitedFruitCompany
Bay Area
Member since Nov 2018
3381 posts
Posted on 3/12/19 at 7:43 am to
If the gubmint were to get completely out of the college game, and I mean COMPLETELY (no pell grants, loans, or any kind of support to the college in any form) you would see the price of college crater overnight.

Hell, even before Trump, there were 5 million openings in the trades. Try getting a roofer or carpenter these days. They'll get to you when they get to you. Every single guy/gal I know that owns one of these is making hand over fist if they are even a little bit competent. If they are good? Lord.

Read what Mike Rowe has posted. Dude has it cold. Too bad no one will listen to him. College has its place but if you cant do an NPV on what it will cost you vs what you are looking to get degree wise and job wise then you have zero business setting foot on a quad.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59672 posts
Posted on 3/12/19 at 7:44 am to
Yep if you need a loan for college it should be forced to be for some career that can actually pay it back
Posted by jamboybarry
Member since Feb 2011
32653 posts
Posted on 3/12/19 at 7:46 am to
Your shtick on here is atrocious. You were a Hillary shill, then a Rubio shill, and now a Yang shill
Posted by GumpInLex
Lexington, KY
Member since Nov 2011
1617 posts
Posted on 3/12/19 at 7:46 am to
Or better yet, Universities shouldnt be charging the same tuition for a musical theory degree as they do for a chemical engineering degree. Tuition should be based on potential earned income of said degree. Problem solved.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 3/12/19 at 7:47 am to
quote:

warning for all future posters: it's a Yang clip

do not click


Did the OP go from being a paid shill for Marco to being a paid shill for Yang?
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/12/19 at 7:49 am to
quote:

warning for all future posters: it's a Yang clip

do not click


Okay so what you are saying is you have no substantive argument to counter his proposal that we need to incentivize vocational training...
Posted by FredBear
Georgia
Member since Aug 2017
15010 posts
Posted on 3/12/19 at 7:49 am to
My common sense solution to the college debt crisis is to advise the snowflakes not to borrow money you aren't willing to pay back.

This is really elementary economic knowledge and the country should be embarrassed that so many people don't know better
Posted by Ten Bears
Florida
Member since Oct 2018
3286 posts
Posted on 3/12/19 at 7:51 am to
Would a common sense approach be:

1) think of college like an investment and the majority of classes should maximize that investment. Think STEM degrees

2) get a job while in college. Take classes in the summer and try to graduate in 3 years.

3) don’t get any facial tattoos or piercings or those strange ear lobe things that look retarded.

4) remove the red dye from your hair prior to any job interviews. Also don’t do any drugs 3 months prior to job interview.

5) take seminars on how to interview at a job. Don’t tell the interviewer that his company has a large carbon footprint and that you alone know how to run the company.

6) after being hired, live frugally. Establish good credit. Pay bills on time.

7) negotiate a good interest rate on your student debt.

8) pay it off.

Common sense like that?
Posted by AUCE05
Member since Dec 2009
42568 posts
Posted on 3/12/19 at 7:52 am to
Or, loans can only be used for tuition.
Posted by trinidadtiger
Member since Jun 2017
13397 posts
Posted on 3/12/19 at 8:00 am to
quote:

Result of virtually free money.

Dry up the money, solve the problem.

However, my guess is administrators will cut professors before they close the diversity office.


Exactly, same problem we have with public schools now.



Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54210 posts
Posted on 3/12/19 at 8:03 am to
quote:

OleWarSkuleAlum



I'm not responsible for buying my neighbor's child a car. I'm not responsible for buying my neighbor's kid a house. Why should I be responsible for buying my neighbor's kid an education? It's as simple as that.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422585 posts
Posted on 3/12/19 at 8:05 am to
quote:

Okay so what you are saying is you have no substantive argument to counter his proposal that we need to incentivize vocational training...

no i'm saying that your spam should be ignored
Posted by nugget
Mostly Peaceful Poster
Member since Dec 2009
13816 posts
Posted on 3/12/19 at 8:06 am to
quote:

Or, loans can only be used for tuition.


Or the government gets out of the loan business and we let them be privately underwritten
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/12/19 at 8:14 am to
quote:

Or the government gets out of the loan business and we let them be privately underwritten


That’s wholly not possible due to the fact a private insurer would not loan that amount of money to someone with virtually no credit such as a college student. Or they would loan them the money but at an astronomically high APR.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 3/12/19 at 8:16 am to
quote:

That’s wholly not possible due to the fact a private insurer would not loan that amount of money to someone with virtually no credit


Maybe they are on to something.
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