FREE MARKUT Ifall et al? Good/Necessary read -Higher Education Is Morally and Financially Bankrupt

[LonnyVanHook]

College education is valuable because it costs money and requires lots of work. When the government starts eliminating the cost of bachelors' degrees then the demand for bachelor-degreed people has to fall. In the end corporations will bestow high salaries to whatever level of education demands PERSONAL sacrifice, in both time and money. Whatever level the government funds to, that will be a low-demand and low-pay credential.

You don't really believe the sh!t you post, do you?

 

[VonMeister]

A system that piles debt on students in exchange for a marginal or even zero-return on their investment is morally and financially bankrupt.

agree, especially since the Fed gov't has been chucking easy loan money at the thing. But I think the parents and kids are culpable as well, no

We have generations being taught that college is the only way to success while anything manual/tradesman/etc. is failure.

+1000

Just read an article that USC is now 2nd place in tuition costs annually. Just under some hoity-toity college back east. $50K annually for tuition and other costs, NOT counting room and board.

How in the hell do you recoup from that, even with just a 4 yr degree, let alone an advanced one?

If it's in the liberal arts degrees, you might as well do bong hits lit with those $100 bills spent (literally) every school day instead. And you'd still be ahead of the game.

College education is becoming a racket. Can't blame Repubs on this crap.

USC has a ridiculous alumni association. If you look at the average salary of 4yr graduates, USC rivals the Ivy league schools and a few years ago was number one in the nation. I was working through college and had plenty of opportunities to choose from in my senior year. It really is something special if you apply yourself.

 

[GromsDad]

Here in NJ there is a state college that in the last couple years purchased this 36-hole hotel and golf resort for $20,000,000.

https://www.stocktonseaview.com/?gclid=CjwKEAjw_oK4BRDym-SDq-aczicSJAC7UVRtygJzdlAJZCbTn2semMvZev2TtP9u5umfbnTRMalTpRoCVDfw_wcB

Then they bought the Showboat Casino in Atlantic City for $18,000,000. This purchase turned into a complete shitshow and exposed the corruption going on. Keep in mind that this is a state college pulling this sh!t not a private one. This is tax dollars and tuition dollars funding this crap.

http://www.njspotlight.com/stories/15/09/20/stockton-sells-showboat-to-developer-reports-former-president-misled-trustees-on-purchase/

Just this past week there was a news story about this college that is going to use about $750,000 of taxpayers money to do a study of how the public is using the state's public hunting lands which where purchased by the state with the monies from hunting and fishing licenses. You can't make this stuff up.

The system is totally screwed up. Its like a slush fund for the administrators, board members, faculty and their political buddies.

 

[sirfun]

Here in NJ

YOU HAVE TRUMP'S SANEST ENDORSER !!

 

[sirfun]

TRUMP'S SECOND SANEST SUPPORTER !! )

 

[sirfun]

sarah in her usual role as fall girl for losers !! )

"two states in a row Sarah comes in for me and I lose" !! )

 

[Bohter]

You could always send 'em to College of the Ozarks...aka Hard Work U.
https://www.cofo.edu

 

[sirfun]

[img:right]http://www.ooyuz.com/images/2015/11/11/1449869550929.jpg[/img]

 

[GromsDad]

Here in NJ there is a state college that in the last couple years purchased this 36-hole hotel and golf resort for $20,000,000.

https://www.stocktonseaview.com/?gclid=CjwKEAjw_oK4BRDym-SDq-aczicSJAC7UVRtygJzdlAJZCbTn2semMvZev2TtP9u5umfbnTRMalTpRoCVDfw_wcB

Then they bought the Showboat Casino in Atlantic City for $18,000,000. This purchase turned into a complete shitshow and exposed the corruption going on. Keep in mind that this is a state college pulling this sh!t not a private one. This is tax dollars and tuition dollars funding this crap.

http://www.njspotlight.com/stories/15/09/20/stockton-sells-showboat-to-developer-reports-former-president-misled-trustees-on-purchase/

Just this past week there was a news story about this college that is going to use about $750,000 of taxpayers money to do a study of how the public is using the state's public hunting lands which where purchased by the state with the monies from hunting and fishing licenses. You can't make this stuff up.

The system is totally screwed up. Its like a slush fund for the administrators, board members, faculty and their political buddies.

No doubt colleges across the country are pulling similar stunts with the wealth they are accumulating rather than providing a quality education at an affordable price.

 

[Ifallalot]

GromsDad is spot on in this thread

 

[grapedrink]

One other inflation metric that baffles me is grades. If you read through the UC system's averages it would now appear that your kid needs to have a 4.2 GPA, a non profit foundation that brings clean water to the favelas in Rio AND have cured a major disease in order to get accepted.

Since you live in the Bay Area and thus listen to the extreme left socialist public radio station KQED, I imagine you caught this segment on UC's letting in an inordinate amount of out-of-state students with lower grades so they can reap the extra fees :confused2: http://www.kqed.org/a/forum/R201603310900

Worth a listen if you have time.It was both somewhat funny, but mostly sad listening to the UC administrators squirm as they tried to defend their BS admission policies Numerous people called with stories about their kids with 4+ GPAs, curing cancer, discovering the secrets of the universe, and running 2 hour marathons not getting into the UC system. Farkin BS

 

[VonMeister]

Janet Napaliatano is a sweet and delicious bag of sugar.

 

[grapedrink]

Janet Napaliatano is a sweet and delicious bag of sugar.

Yup The data in the report is damning and empirical, yet she and her Yes Man disputed it as if it were a subjective argument

 

[Ifallalot]

Just the fact that she moves over from a [size:16pt]PRESIDENTIAL CABINET LEVEL POSITION[/size] to what is ostensibly supposed to be a educational administrative position should tell you all you need to know about the corruption

 

[grapedrink]

I knew ifallalot would be triggered

:hat:

 

[VonMeister]

Does anyone know the earning potential for a person who graduates from UCSB with a CHICANA AND CHICANO STUDIES MAJOR, B.A?

Banks won't let you finance a house for more than it's worth. How on earth can democrats defend putting kids in debt for a item that is essentially valueless?

Should tax payers also demand that students purchase insurance that guarantees repayment in the case of financial insolvency when they choose these ridiculous degree programs?

 

[GDaddy]

College education is valuable because it costs money and requires lots of work. When the government starts eliminating the cost of bachelors' degrees then the demand for bachelor-degreed people has to fall. In the end corporations will bestow high salaries to whatever level of education demands PERSONAL sacrifice, in both time and money. Whatever level the government funds to, that will be a low-demand and low-pay credential.

C'mon now. In order for personal sacrifice to be the barometer the advantage would go to the people whose education actually was the result of scrimping and saving and ... sacrificing. The kids whose parents are rich aren't that.

IRL the business doesn't care how you got there, only that you did get there.

Now to your other point I completely agree - an overabundance of college grads undermines the scarcity element that actually pins the value on those educations. That, and people don't value what is given to them for free.

IMO, if we made basic education courses cheap/free AND much more academically challenging the accomplishment of completion would still be significant. You'd still have struggle and hardship, it just wouldn't be monetary.

Getting in isn't the hard part, it's getting through that's hard.

I'd like to see HS and college classrooms where the teachers were encouraged to fail the slackers and where only the alpha students earned the A. The losers could take the course again, but they're not getting past a course unless they do the work. Even better if they're not getting past any module they flunk.

 

[the janitor]

found a long paper from the NY Federal Reserve titled: Credit Supply and the Rise in College Tuition: Evidence from the Expansion in Federal Student Aid Programs

https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf

TLR

 

[MJOJunkie]

Just the fact that she moves over from a [size:16pt]PRESIDENTIAL CABINET LEVEL POSITION[/size] to what is ostensibly supposed to be a educational administrative position should tell you all you need to know about the corruption

We speak the same love language :drunk: :grin2: :smile2: :blush2:

 

[the janitor]

One other inflation metric that baffles me is grades. If you read through the UC system's averages it would now appear that your kid needs to have a 4.2 GPA, a non profit foundation that brings clean water to the favelas in Rio AND have cured a major disease in order to get accepted.

Since you live in the Bay Area and thus listen to the extreme left socialist public radio station KQED, I imagine you caught this segment on UC's letting in an inordinate amount of out-of-state students with lower grades so they can reap the extra fees :confused2: http://www.kqed.org/a/forum/R201603310900

Worth a listen if you have time.It was both somewhat funny, but mostly sad listening to the UC administrators squirm as they tried to defend their BS admission policies Numerous people called with stories about their kids with 4+ GPAs, curing cancer, discovering the secrets of the universe, and running 2 hour marathons not getting into the UC system. Farkin BS

thanks, just listened to it what a trainwreck

I'm conflicted on this one, sucks to see UC favoring the out of state/overseas applicants and shafting CA residents, still the State of Ca has lowered their % of revenue to UC, especially since 2008

its a big gap to cover and I'm guessing UC haven't been reining in costs very well...

Hidden costs from the financial crisis + bureaucratic bloat :cussing:

Autoprax, will you be livestreaming your rock throwing strike maneuvers?