Somehow in reading your post, almost everyone would get the impression that anyone with such a low intellectual level as yourself, wound up proving the opposite argument. A hamster could have presented a better case...
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The $555,000 Student-Loan Burden
- Thread starter TraderZones
- Start date
Somehow in reading your post, almost everyone would get the impression that anyone with such a low intellectual level as yourself, wound up proving the opposite argument. A hamster could have presented a better case...
Quote from trader_arb:
Its simple. Government offers too many loans to whoever wants them, demand increases, and tuition increases. Everyone feels they or their kids are entitled to a college education.
Following Europe's example would alleviate that. Why the heck do you need government loans, which lead to tuition increases? Budget for education through taxes already paid, and pay for tuition directly to universities, colleges, trade schools etc. Have entrance exams with limited number of seats. Can't get in? Try again next year. Like the real world, when you apply for jobs.
Quote from l2tradr:
Following Europe's example would alleviate that. Why the heck do you need government loans, which lead to tuition increases? Budget for education through taxes already paid, and pay for tuition directly to universities, colleges, trade schools etc. Have entrance exams with limited number of seats. Can't get in? Try again next year. Like the real world, when you apply for jobs.
Its a great idea but like you said, almost impossible to implement here...its easier to spread the pain across the entire population, than just the group who doesn't belong in college to begin with.
Also, I'm not big on regulations, but these schools shouldn't even allowed to offer half of these bs majors, and/or loans shouldn't not be given for art history, etc. I think someone may have mentioned this earlier in the thread.
Quote from the1:
Ummmm.....air, earth, fire and water are compounds, made up of elements. I take it you skipped college?
The greeks thought that the elements were earth, air, fire, and water. I was making a joke about the posters age. College is alot more expensive now then it was say 20 yrs ago. Finally, fire is not a compound.
I take it you went to college, but like most remained uneducated.
Quote from l2tradr:
Between this idea and the one that parents shouldn't pay for the tuition, that means NO ONE will go to college before they turn 35-40. How the hell is a 19 year old going to save up 50-100K to go to college, by flipping burgers? Or perhaps working shitty jobs from 19 to 30 and save up? Because they sure won't get anything high-paying with no skills or education, neither of which they would have under your "plan"...
The solution lies in government subsidies, like in the rest of the world. Education IS important. Couple that with entrance exams to weed out unqualified candidates.
Kids should go to community college for 2 years, paid for by working part-time, and then 2 years to a state school, paid for by working part-time. No one should go to private schools. They are too expensive.
sucks to be right on and lose 60%
Quote from ..........:
Peter Schiff is right on
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Quote from Vinny1:
Kids should go to community college for 2 years, paid for by working part-time, and then 2 years to a state school, paid for by working part-time. No one should go to private schools. They are too expensive.
It's a poor man's route. Rich man's route is usually Harvard, MIT, Yale, Princeton, Harvard, Dartmouth, and any school in Newsweeks top 50. Companies do appreciate those with "skin in the game", but not ones that would go bankrupt even if they made a nice quarter mil a year.