Soon it will cost $1 million to go to College

Are education costs out of control?

  • Yes. It cannot continue.

    Votes: 68 69.4%

  • No. Grants, scholarsphips etc take care of the difference.

    Votes: 3 3.1%

  • I don't know.

    Votes: 3 3.1%

  • I don't care.

    Votes: 24 24.5%
  • Total voters
    98
drcha said:
I don't think I can agree. In the US, education is not a relatively free market like housing. There is one big payer whose contribution dwarfs everyone else's. And the powers that be don't want to change this because it creates an elite club, a priesthood that excludes other people, and it allows the members of the club that are professors to be paid exorbitant salaries. The price of education will wax and wane, but may eventually become more like a collectible such as fine wine or art: the market contains few purchasers, but they are well-heeled, so the sky is the limit.
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Most college education is not worth the paper it's printed on. There's been degree inflation for 30 years. As a result of the increased demand universities can charge more. It's aggregious that many university endowments earn enough to pay the tuition of their entire undergraduate programs.

Personally I think the country needs fewer Bachelor of Arts and more trade school degrees.
 
As Detroit schools went broke, principals allegedly took nearly $1 million in bribes and kickbacks

"When Ronald Alexander appeared via video conference on the “The Ellen DeGeneres Show” last month, he was described as “the most amazing man.” Alexander, 60, was the principal of Charles L. Spain Elementary-Middle School, a Detroit public school that became the recipient of a $500,000 donation facilitated by the show.

The episode, which aired in early February, played footage of the school’s crumbling roof and dilapidated gym. Virtually none of the school’s technology worked, DeGeneres told her audience, and the students were forced to take P.E. classes in the hallways.

Before a crowd of students and staff in the cafeteria, DeGeneres announced a slate of donations totaling half a million dollars from Lowe’s, the home improvement company, amid raucous cheers..."

http://www.msn.com/en-us/news/crime...in-bribes-and-kickbacks/ar-BBr6Zaq?li=BBnb7Kz
 
The cognitive dissonance runs thick with Nitro...On the one hand, he supports every failed leftist policy in the book...On the other hand, he posts numerous articles about the graft and corruption associated with these failed policies...

So which is it Nitro?
 
der_kommissar said:
The cognitive dissonance runs thick with Nitro...On the one hand, he supports every failed leftist policy in the book...On the other hand, he posts numerous articles about the graft and corruption associated with these failed policies...

So which is it Nitro?
More...
I run internal Socratic dialogues with myself all the time, trying to reach some sort of understanding of the world. If I had the ultimate answer or some existential aha moment, I would share it with the world.
 
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Most progressive countries with reasonable government understand the value of educating their young people and will not let the cost get prohibitive and unreachable. Many short term traders tend to miss the bigger picture. The $1M level will not be reached "soon", just like the lows of 2008/2009 stock markets will not be revisited "soon" as many traders on here insisted from 2009-2013.
 
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