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Why college costs so much
New York Post ^ | 05/26/2013

Posted on 05/27/2013 11:44:15 AM PDT by SeekAndFind

Edited on 05/27/2013 11:45:40 AM PDT by Admin Moderator. [history]

Former Education Secretary William Bennett sums up a big part of the problem in a new book titled

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Education; Society
KEYWORDS: academicbias; billiondollartrusts; college; cultureofcorruption; education; naughtyteacherslist; tuition
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To: GeorgeWashingtonsGhost

Very correct.

The “Big Education” cycle transfers taxpayer subsidized borrowed money to highly paid profs and admins who contribute big $$$ to Democrats.

While Dems and the MSM give lip service to the “high cost of education” they love the results.


41 posted on 05/27/2013 2:29:40 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: Rusty0604

Nope not true

The only ones making money at colleges are administrators. The excess in admin and their over compensation are the main reason for the high cost of tuition.

And...the politicians do not stop it....many end up in those jobs later. I can tell you Scott Walker nor Rick Scott are cutting admin at their state schools

Working for a college I can say there is a lot of waste and excess....and a lot of people who have no clue what goes on in these schools


42 posted on 05/27/2013 2:36:56 PM PDT by SeminoleCounty (GOP - Greenlighting Obama's Programs)
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To: Opinionated Blowhard
I honestly believe that a majority of the kids who go would be better off not going

Well, obviously.

Let's start with how many college freshmen should not have graduated from high school. 50%? 80%?

My guess is that the number is somewhere between those two.

So, easily half of the student loan consumers don't belong there.

43 posted on 05/27/2013 2:39:50 PM PDT by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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To: SeminoleCounty

I used to work for a union representing employees other than professors and admin. It is true that admin is highly paid, but the clerical, maintenance, etc. that were our members were very well paid compared to private sector, they had health insurance for life after 2o years free, and had very good pensions after 20 years. Tell me that doesn’t add up? One person worked full time on union work, at our office, mostly to console employees that someone looked at them wrong and hurt their feelings. All on the taxpayer’s dime.


44 posted on 05/27/2013 2:53:55 PM PDT by Rusty0604
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To: memyselfandi59
Colleges will offer big scholarships to kids with good GPA (3.5+) and good test scores. Full tuition can be found for ACT scores of 28 +. The higher the scores, the more choices available. Google (or Bing) automatic college scholarships.

If a kid is a National Merit Finalist, some schools give automatic full rides when you apply early. If you have a HS sophomore with decent grades, have him spend time over the summer studying for the PSAT. It is given to juniors in October and is the qualifying test for National Merit. If your school doesn't offer it, ask them to implement it or find a (most likely private) school that will allow your kid to take it there. Find out now, because the high schools order the tests over the summer.

45 posted on 05/27/2013 2:54:04 PM PDT by Betty Jane
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To: informavoracious

Congrats, for that is an accomplishment, plus it feels good to get through and have that burden over your head.

My kid is 25 and he has friends, his age, who are in debt, big time. One newly married couple’s combined student loans top $80,000, I can’t imagine that kind of debt at that age.

And from what I understand, the interest rate on the Stafford loans is not low, but around 7%.


46 posted on 05/27/2013 2:54:43 PM PDT by memyselfandi59
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To: Rusty0604

I’m in Florida...and you do not see unions at the colleges. Benefits are good...but an area private school offers better

I wish I was getting one of those sweet pensions that everyone says school employees get....because it don’t exist in FL ....unless you are admin


47 posted on 05/27/2013 2:59:04 PM PDT by SeminoleCounty (GOP - Greenlighting Obama's Programs)
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To: cynwoody

Vedder is an economist at ultra-lib Ohio University, not ultra-lib Ohio State.

He spoke to our Tea Party a couple of years ago. An very interesting guy with a great sense of humor.

He’s VERY CONSERVATIVE...I don’t know how he stands it at O.U.


48 posted on 05/27/2013 3:13:54 PM PDT by bimboeruption (Clinging to my Bible and my HK.)
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To: SeminoleCounty

Well that explains it, I was in CA when I worked at that union. It wasn’t just colleges either, we had K-6 cafeteria workers that worked 3 hours a day but got family health insurance at no cost to them, and if they put in 5 years and quit, they got to keep the free health ins. When they wante to change it to 10 yrs, they raised hell!


49 posted on 05/27/2013 3:19:28 PM PDT by Rusty0604
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To: SeekAndFind

We could not afford Hilldale. We are contributors and donors to the college for years (about 500 a year, which had no impact on our cost).

Also, going to Hillsdale will get you’re kids black listed, when they go for certain jobs, or so I’ve been warned by parents who have sent their kids there.

It has even been suggested to me (my kid is applying to West Point and Annapolis), that we screwed up by donating to them in the past. In our background check this will come up, and will count against our oldest son.

Dick Durbin has not responded to over 12 requests for our top 1%, State Wide Academic, and State Qualifier in Wrestng, Eagle Scout, with over 4,000 hours of community service, and a leader in the NHA son. But he has given several letters to “under privileged” (you read into that) children, who regularly averaged a 2.0 or lower GPA.

We regret giving to Hillsdale college over the years. It is being used against our son.


50 posted on 05/27/2013 3:25:15 PM PDT by esoxmagnum (The rats have been trained to pull the D voting lever to get their little food pellet)
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To: esoxmagnum

Add the USCGA to your list. No nomination needed there anymore.


51 posted on 05/27/2013 3:32:52 PM PDT by Betty Jane
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To: esoxmagnum
It has even been suggested to me (my kid is applying to West Point and Annapolis), that we screwed up by donating to them in the past. In our background check this will come up, and will count against our oldest son. Dick Durbin has not responded to over 12 requests for our top 1%, State Wide Academic, and State Qualifier in Wrestng, Eagle Scout, with over 4,000 hours of community service, and a leader in the NHA son. But he has given several letters to “under privileged” (you read into that) children, who regularly averaged a 2.0 or lower GPA. We regret giving to Hillsdale college over the years. It is being used against our son.

If your son is considering WP or NA and Durbin won't respond why don't you suggest that he goes in person and meet with Durbin? Make his case to Durbin's face and let him explain to your son why he is not good enough for a military academy. The life of a true conservative is not easy and I think your son would benefit from coming face to face with the liberal progressive mindset that he will do battle with.

52 posted on 05/27/2013 3:52:05 PM PDT by happyhomemaker (Rejoice in hope, be patient in tribulation, be constant in prayer. Rom 12:12)
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To: bimboeruption
Vedder is an economist at ultra-lib Ohio University, not ultra-lib Ohio State.

He spoke to our Tea Party a couple of years ago. An very interesting guy with a great sense of humor.

He’s VERY CONSERVATIVE...I don’t know how he stands it at O.U.

Thanks. I was quoting the article. I'll have to look around for more of his stuff.

BTW, I forgot where I got the chart I posted. However a search reveals it is by John Uebersax, found in the Wikipedia. In 2010, Uebersax ran as a write-in candidate against Congressman Kevin McCarthy, R-CA22.

53 posted on 05/27/2013 4:22:56 PM PDT by cynwoody
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To: Betty Jane

Thanks for the info. Good advice, a lot of folks don’t know how many scholarships are available.

Fortunately his college days are behind him...he whizzed through college, graduated with a Bachelor’s at 19, his Master’s at 21...and now at the ripe old age of 25 is a happily married man of 3 years with a beautiful wife and a great job.

But you’re right, his scores on ACT were high, which earned him the merit scholarship, and his GMAT score for grad school were high (that’s how he was awarded the TA position.)


54 posted on 05/27/2013 4:27:54 PM PDT by memyselfandi59
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To: memyselfandi59

My daughter was awarded a 4 year full ride scholarship National Merit worth 140,000 for about 25-30 hours of summer studying. It was definitely worth it.


55 posted on 05/27/2013 4:56:02 PM PDT by Betty Jane
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To: dhs12345

>>“Campus life” is ridiculously expensive and unnecessary IMO. Besides, it can be distracting and interfere.<<

I couldn’t disagree more. Oh, its true that college is way too expensive and everything in this article is true, but don’t blame living on campus or anything else related to the “college experience.” Its actually the best thing about college. People that go straight to work out of high school or even to college and don’t have this experience will seek it later in life through a mid-life crisis, affair, divorce or something equally destructive. Sure, there are exceptions (on both sides — those that had the experince still behave immaturely and others that didn’t, don’t), but IN GENERAL, its better to live out your later childhood/early adulthood with the college experience — a lot of freedom, little responsibility, etc., AND the best way to do that is to be as plugged in to your college social life as possible.

Don’t misunderstand: I’m not advocating being a drunk frat boy — I wasn’t — didn’t come anywhere near a frat and neither did most of my friends. But I bet is you had three groups — those that went through “campus life” in college, those that didn’t, but still went to college, and those that didn’t go at all, all other things being equal, the first group would be the most fulfilled in general.

I graduated from college just over 20 years ago. I looked at my transcript a few years ago and completely forgot about a class that I took (and made an A in) my last semester on campus. Needless to say, I got nothing from that class, but have a lot of great memories of fun I had with people I haven’t seen in almost 2 decades. Sure, I could have gotten that just hanging out with people outside of college, but I got the degree too!


56 posted on 05/27/2013 5:05:15 PM PDT by 1L
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To: SeekAndFind

Conservatives concerned that colleges have become basically a gov’t money laundering scheme supporting liberal fascism should quit supporting them - not another dime, no matter how much you enjoy going to the games and sitting in the alumni luxury boxes. As much gov’t money is filtered through the system, it cannot survive without private support. I’ve never given a dime to them and I never will.


57 posted on 05/27/2013 7:34:58 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: SeekAndFind

College tuition, like healthcare, rises to whatever a subsidized market can bear.


58 posted on 05/28/2013 12:45:24 AM PDT by clearcarbon
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To: 1L

Ya. My life in College was boring. I was in engineering. Doubly boring.

We did have study groups and I’d go to the occasional campus activity when I wasn’t busy.

But I spent most of the time working on weekends, Spring Break (usually a take home exam or two to work on or a major project), and the Summers towards the end. Holidays were an excuse to catch up. :(


59 posted on 05/28/2013 1:43:38 PM PDT by dhs12345
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To: dhs12345

I didn’t study engineering, but did graduate with honors (not highest honors, but the entry one) while enjoying myself. I still hung out with engineering majors. By my 3rd year I learned to treat college as a job — work 8-2 (or whatever), then the rest of the day you had to yourself. Don’t waste time in the morning or early afternoon. I did the same in law school, but it was more like 8-6 with a weekend day.

My guess is that you did college in 4 years or less. There’s no shame in going for 5 years, especially in difficult majors.


60 posted on 05/29/2013 10:22:56 AM PDT by 1L
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