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Graduating with degrees in debt
Waterbury Republican-American ^ | June 17, 2007 | O'Shaughnessy

Posted on 06/17/2007 11:52:39 AM PDT by Graybeard58

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To: Graybeard58

Georgia State, York University (Canada), University of Texas at Dallas. I paid as I went, occasionally using the GI Bill, working full time and never went into educational debt.

Putting your kids in college right out of high school is only one possible way of them getting a piece of paper to hang on the wall that says they know how to use a library.


21 posted on 06/17/2007 12:19:48 PM PDT by gcruse
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To: festus
College tuition will continue to increase at exponential rates as long as congress keeps fixing the problem by making more money available. The more student loans available the more the colleges know they can ask for and get from the students.

Bingo! Just like home prices, medical costs etc.
22 posted on 06/17/2007 12:20:45 PM PDT by gas0linealley (.good fences make good neighbors)
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To: Da Coyote
"the next step is govt sponsorship of all college education,"

But, but but --Bill Clinton said --Everyone that wants to go, should be able to to college....

AND- I think they are already by what I see/hear....

23 posted on 06/17/2007 12:21:01 PM PDT by litehaus (A memory tooooo long)
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To: RightWhale

” 73 year old who hopes to pass the high school exit exam so he can get married and join the army.’

LOL
Would that be the 2nd Geriatric Corps?


24 posted on 06/17/2007 12:21:20 PM PDT by gcruse
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To: dawn53

Also read through this link to find many more thrifty ways of educating yourself or children for cheaper.
Gary North link.

http://www.lowestcostcolleges.com/


25 posted on 06/17/2007 12:22:38 PM PDT by 4Godsoloved..Hegave
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To: Graybeard58
Anybody who doesn't do cost-benefit / break-even analysis on every major purchase, including higher education, is stupid, no matter how many PhDs they buy.
26 posted on 06/17/2007 12:23:02 PM PDT by E. Pluribus Unum (http://www.imwithfred.com/)
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To: Graybeard58
Image hosted by Photobucket.com took me TEN years to pay off my student loans... i have NO pity for them.
27 posted on 06/17/2007 12:23:12 PM PDT by Chode (American Hedonist)
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To: Graybeard58

As colleges become increasing more female-dominated and many of those women still wind up being child-bearers and raisers, I question just how important a college degree is for some of them. Are they just trying to land a college-educated man or are they actually intending to use their degrees for some job in the real world?

Yes, some women obviously do - either by desire or necessity. But I know all sorts of women who went through college and are doing nothing that would justify the debt of going off to college.

My belief is that you shouldn’t attend college nowadays unless you know what sort of degree you are looking for and intend to benefit from.


28 posted on 06/17/2007 12:28:10 PM PDT by Tall_Texan (Global warming? Hell, in Texas, we just call that "summer".)
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To: Chode

Have no fear, the government is here to help. They are looking at forcing divorced parents to pay.


29 posted on 06/17/2007 12:29:57 PM PDT by Pikachu_Dad
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To: Graybeard58
This sounds like high tech whining to me. Some people have lost sight of everything that worked in this country. We did this the old fashioned way; worked two jobs, amassed the cash, and paid for our two kids college. No loans, no debt, no monthly payments.

As my ancestral Irish mother said, if you can't pay for it in cash, then you dont't need it. That advice has never failed me.

30 posted on 06/17/2007 12:34:14 PM PDT by tenthirteen
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To: RightWhale
A college degree is worth zilch.

Worth zilch in terms of ability to perform on the job, but increasingly necessary to even get in the door for an interview.

Employers don't want lazy, surly slobs who can barely read. Screening for that on your own is an assault on diversity (which is our strength) that will get the EEOC on your neck. So instead you make up an unrelated BA requirement and let the college system do that screening for you.

31 posted on 06/17/2007 12:38:51 PM PDT by CGTRWK
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To: Da Coyote

“Of course, the next step is govt sponsorshop of all college education, followed by govt jobs for the vast majority of graduates who have no discernable skill...”

This, of course, is where we get our brainless federal bureaucrats, excluding those involved in national security. They are completely counterintuitive, contribute nothing to society and needlessly harass productive businesses and citizens, all the while worshipping their god - the Marxist state - and molding society to serve big government.

I believe the founders completely covered the nature of the government leech in the Declaration of Independence.


32 posted on 06/17/2007 12:41:04 PM PDT by sergeantdave
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To: Pikachu_Dad

“They are looking at forcing divorced parents to pay.”

They already do in most states.

If you are divorced parents, you have no choice about paying for your children’s college education.

You HAVE to pay for it.


33 posted on 06/17/2007 12:41:55 PM PDT by EEDUDE (The more I know, the less I understand...)
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To: EEDUDE

That is strange. Once a kid is eighteen, their claim on their parent’s should be zero.


34 posted on 06/17/2007 12:50:41 PM PDT by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: P-40
the average college student is graduating with more than $19,000 in debt

The average college student will spend more than that on their first car.

Or buy a junker as most of us did. Kids today spend more money in iPods and other crap than they do on anything substantial. I rode a bicycle between classes and the dorm.

The only debt my wife and I ever had were school loans and a mortgage. Then again, 40 years ago the instant-gratification generation hadn't been born.

And to those with an $8k balance at 21% APR... F-'em if they're too stooopid to figger it out.

35 posted on 06/17/2007 12:57:44 PM PDT by Cobra64 (www.BulletBras.net)
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To: P-40
That is strange. Once a kid is eighteen, their claim on their parent’s should be zero.

I agree, with two exceptions-

1) If the divorcing couple make an agreement to pay for college, that is a contract and it should be enforced.

2) Children should be penilized because back when they were five, their parents decided to hold them back from kindergarten so that they would be the biggest kid in class next year. Given that and other state kids requiring to be at least five at the start of kindergarten, you have many kids who will turn 18 shortly before or at the beginning of their senior year of high school.

36 posted on 06/17/2007 12:58:38 PM PDT by LWalk18
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To: CGTRWK
My Revered Regional Manager of a large Corporation told me a college degree would help you get a job, but it would not help you keep a job. His advice was if you want a degree go to College, if you want an education go to the Library. He took a chance on me many years ago, no degree, but I was what he called a “ Raker and scraper”and eventually I worked my way up to his old position. Raking and Scraping.
37 posted on 06/17/2007 12:59:06 PM PDT by BooBoo1000 (Some times I wake up grumpy, other times I let her sleep/)
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To: Pikachu_Dad
Image hosted by Photobucket.com God forbid the lil'darlings should have to pay their own way in the world... just one MORE way to squeeze dear old dad.
38 posted on 06/17/2007 12:59:59 PM PDT by Chode (American Hedonist)
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To: Cobra64

I had no debts when I graduated college in 1979. My father bought 100 shares of General Motors stock when I was a toddler under a state law that exempted it from taxes until I turned 18. The stocks were sold when I turned 18 and the dividends plus the stock sale paid for two years of college at a state university. The other two years were paid for through my hard work, social security payments (my father died during my junior year) and some scholarship money.


39 posted on 06/17/2007 1:08:57 PM PDT by Tall_Texan (Global warming? Hell, in Texas, we just call that "summer".)
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To: Graybeard58

The following are Fortune 500s that filed briefs in favor of “affirmative action” in the Michigan “Grutter v. Bollinger” (Michigan University) case.

http://www.umich.edu/~urel/admissions/legal/gru_amicus/32_internatl.pdf

3M
Abbott Laboratories
American Airlines
Ashland
Bank One
Boeing
Coca-Cola
Dow Chemical
E.I. Du Pont De Nemours
Eastman Kodak
Eli Lilly
Ernst & Young
Exelon
Fannie Mae
General Dynamics
General Mills
Intel
Johnson & Johnson
Kellogg
KPMG
Lucent Technologies
Microsoft
Mitsubishi
Nationwide Mutual Insurance
Nationwide Financial
Pfizer
PPG
Proctor & Gamble
Sara Lee
Steelcase
Texaco
TRW
United Airlines
General Motors Corporation

http://www.umich.edu/~urel/admissions/legal/gru_amicus/gru_gm.html


40 posted on 06/17/2007 1:11:30 PM PDT by familyop
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