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re: What you do not understand about college cost
Posted on 8/25/22 at 11:22 am to FreddieMac
Posted on 8/25/22 at 11:22 am to FreddieMac
quote:
Public universities were founded by the American public to provide low cost education for the betterment of society. Public education SHOULD be funded by tax payers, that is the point!
Then the tax payers should have control over said education.
No affirmative action, bullshite degrees, etc.
0
Posted on 8/25/22 at 11:23 am to alpinetiger
quote:
What happened in 1971 to make all this bullshite possible?
You mean the devaluing / depreciation of the dollar?
If so, that's one factor in skyrocketing costs. The other is a blank check given to them for a 4-year indoctrination program of blank-slate young pods.
It still wouldn't help explain an Academe that could easily and technically be charged with educational fraud, malpractice, financial conspiracy to defraud, and mental cruelty & abuse, and conspiracy to kidnap (minds) since the 1990s.
Posted on 8/25/22 at 11:23 am to Flats
quote:
That's a good thing. It puts market pressure on the colleges, similar to how public school choice applies market pressure to public schools.
Clearly it’s working out super well.
This post was edited on 8/25/22 at 11:24 am
Posted on 8/25/22 at 11:24 am to LSUFanHouston
quote:
How about the adults in the room... i.e. the parents who should know better.
How do the parents do that? Voice their opinions and hope, or ask the government to step in?
I'm wondering if this is simply your take on the way things ought to be, or something more.
Posted on 8/25/22 at 11:25 am to FreddieMac
quote:
Nope, the data does not support your conclusion. Subsidizing reduces cost to the student, not increase it.
If I ask a bank for 30 grand to buy a vehicle that's worth 20 grand, any lending institution will decline it.
If I want to drop 150k on a degree that'll earn me a 50k job the government will green light the loan.
Can you show me where the government declined a loan for the above reason? No? Then the data doesn't disprove that critique.
Posted on 8/25/22 at 11:27 am to FreddieMac
quote:
Public education SHOULD be funded by tax payers, that is the point!
This is wrong on about 9 thousand levels. (to the 10th power).
Wow.
And a couple of the usual suspects concur with you?
Posted on 8/25/22 at 11:33 am to DisplacedBuckeye
quote:
How do the parents do that? Voice their opinions and hope, or ask the government to step in?
"Teenage Johnny, I know you really want to go to Spring Hill College. But... you are going to be saddled for years and years with debt... that debt is going to really challenge your ability to get started in life after graduation.
It's ultimately your choice... but we think you would be better off by attending Delgado for at least the first year. All first year students basically take the same classes anyways. We then think it would be in your financial best interest after a year or two to transfer to LSU, or Southeastern. But... even if you transfer to Spring Hill after a year or two... at least you are taking on that much less debt".
Posted on 8/25/22 at 11:46 am to FreddieMac
quote:
quote:
If I spend $265,000 to go to Liberal Arts U to get a degree in gender studies to work at Starbucks does that make sense?
That is one tired stereotype.
I went to the LSU graduation a couple weeks ago and was amazed that there were approximately 80 people graduating as Doctor of Philosophy. This is a degree that has absolutely no use outside of academia. The only other doctorates issued were for music. The vast majority of the masters were in some humanities as well as the bachelors.
How many of those with Philosophy and Studies degrees do you think are leaving with large amounts of debt but no viable employment skills?
I hope that all of them do well with their degree, but I don't think they will get much return on investment.
Posted on 8/25/22 at 11:53 am to FreddieMac
quote:
#HINT: has nothing to do with worthless degrees and lazy young people.
So...
They can afford the loan, then
Posted on 8/25/22 at 12:09 pm to LSUFanHouston
quote:
Per-student funding fell by more than 30 percent in six states: Alabama, Arizona, Louisiana, Mississippi, Oklahoma, and Pennsylvania.
Per student funding, not funding. If the enrollment grew by 30% because the colleges got greedy and wanted to get bigger bigger bigger, funding wasn't cut at all. They mismanaged their income stream and grew too fast.
Posted on 8/25/22 at 12:13 pm to SammyTiger
quote:
Clearly it’s working out super well.
When people make shitty choices the market should punish them. Here it should punish the people who took out stupid loans and the schools.
Posted on 8/25/22 at 12:36 pm to Chemcorp158
quote:
How many of those with Philosophy and Studies degrees do you think are leaving with large amounts of debt but no viable employment skills?
Almost all of them.
My sister graduated from PTS with an MA and MDiv and then received a doctorate from Hopkins which was an top 10 school in her field.
She taught in a non-tenure track at a school in the middle of nowhere for three years. If there’s nowhere for her, where are doctorates from NW Middle State teaching?
They aren’t. Eric Weinstein talks about the overproduction of the overly educated as creating a class of people who see themselves as victims.
Posted on 8/25/22 at 12:36 pm to FreddieMac
quote:
Public universities were founded by the American public to provide low cost education for the betterment of society. Public education SHOULD be funded by tax payers, that is the point!
LSU's Lazy River and the Student-Fee Sham
quote:
There may be no better symbol of American higher education’s wasteful indulgence than Louisiana State University’s lazy river. Part of a recently opened $85 million recreation center, the lazy river is where students ride inflatable tubes on a water current in the shape of the school’s initials... When asked to defend the water ride, the administration was quick to respond that the students voted for it. As the Chronicle of Higher Education reported in October, “a student government resolution, passed in 2011, authorized a $135 fee increase over three years to finance the project.” ... We could have built half as large an expansion. But when we talked to the students, we’re seeing they want a climbing wall, they want an outdoor aquatic center.”
The article goes on to explain how "fees" are not covered by many scholarships, they are instead paid mostly by student loans. Students voted for this extravagant facility, paid for it with student loans and now taxpayers get to pay off those loans. But we never got to tube the lazy river.
Taxpayers don't want to fund resorts for young adults to frolic around for a few years. If you want public universities to be funded by a higher % of taxpayer dollars, they need to start looking a whole lot more community college-like and a lot less Beaches by Sandals.
Posted on 8/25/22 at 12:37 pm to DisplacedBuckeye
quote:
How do the parents do that? Voice their opinions and hope, or ask the government to step in?
Pretty easily. Don’t apply for an parent loan to cover the difference between the loan given to students and the cost of attendance.
Posted on 8/25/22 at 12:41 pm to Lightning
quote:
The article goes on to explain how "fees" are not covered by many scholarships, they are instead paid mostly by student loans. Students voted for this extravagant facility, paid for it with student loans and now taxpayers get to pay off those loans. But we never got to tube the lazy river.
My oldest daughter took one class from a local college in the summer to satisfy the requirement of her program. The fees for this three hour course in the summer were over $300. They included a technology fee, a student union fee, an activity fee and a stem fee. Make that make sense. She then had to rent her book from the school for an extra $75.
Posted on 8/25/22 at 12:43 pm to LSUFanHouston
Cool. Just curious if the solution involved more government.
Posted on 8/25/22 at 1:14 pm to FreddieMac
quote:
If you push people into college because of societal values, then society has a responsibility to support those individuals.
The pure entitlement of this sentence is mind boggling.
Posted on 8/25/22 at 2:02 pm to Flats
quote:
When people make shitty choices the market should punish them. Here it should punish the people who took out stupid loans and the schools.
And isn’t this the purpose of higher education?
It’s hilarious that you tell me it’s a good thing students are footing the bill in one post and then telling me the market needs to punish them in the next.
Great.
Posted on 8/25/22 at 2:06 pm to SammyTiger
quote:
It’s hilarious that you tell me it’s a good thing students are footing the bill in one post and then telling me the market needs to punish them in the next.
That's not what I said, but congrats on the straw man.
Posted on 8/25/22 at 2:08 pm to FreddieMac
In 1976, at LSU for my first fall semester, I paid $383 for tuition only, for 14 hours.
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