Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

16 Shocking Facts About Student Debt And The Great College Education Scam
business insider ^ | Dec. 26, 2010, 12:44 PM | Michael Snyder

Posted on 12/26/2010 8:46:04 PM PST by Flavius

As you read this, there are over 18 million students enrolled at the nearly 5,000 colleges and universities currently in operation across the United States. Many of these institutions of higher learning are now charging $20,000, $30,000 or even $40,000 a year for tuition and fees. That does not even count living expenses. Today it is 400% more expensive to go to college in the United States than it was just 30 years ago.

Read more: http://www.businessinsider.com/facts-about-student-loan-debt-2010-12##ixzz19C0sagpR

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


TOPICS: News/Current Events
KEYWORDS: college; educationfunding; highereducation; war
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-73 next last

...

1 posted on 12/26/2010 8:46:08 PM PST by Flavius
[ Post Reply | Private Reply | View Replies]

To: Flavius

It is much more than four hundred precent.


2 posted on 12/26/2010 8:51:00 PM PST by org.whodat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavius
took me over ten years to pay off my loan...
3 posted on 12/26/2010 8:57:35 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavius
It really is a crime. Especially since for most professions, formal collage is a waste of time. A good technical education is what is actually required.
4 posted on 12/26/2010 9:00:21 PM PST by WHBates
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavius

Yes, just their own greed, self indulence in the name of education is destroying these colleges and universities!


5 posted on 12/26/2010 9:02:05 PM PST by LetMarch (If a man knows the right way to live, and does not live it, there is no greater coward. (Anonymous)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavius

The comments after the article get pretty foul in a hurry. One bozo claims that the “Yanks” are “F****d up”. I think we need to pay this punk a li’l “visit”...;)


6 posted on 12/26/2010 9:03:10 PM PST by Frank_2001
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavius
The colleges run on federal government money..
Cut the federal government education programs and you cut much liberalism off at the knees..
Liberalism runs on other peoples money..
7 posted on 12/26/2010 9:04:32 PM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: WHBates

good thing we are not in charge of sun coming up every day


8 posted on 12/26/2010 9:04:43 PM PST by Flavius (A)
[ Post Reply | Private Reply | To 4 | View Replies]

The three big ticket items: college, health care, and housing. Banksters are still scheming how to get peasants to take out loans for food and water.


9 posted on 12/26/2010 9:05:20 PM PST by Milhous (Lev 19:18 Love your neighbor as yourself.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavius

Most of the shocking facts aren’t so shocking; or even very interesting. They certainly aren’t worth 16 clicks.


10 posted on 12/26/2010 9:10:23 PM PST by Minn
[ Post Reply | Private Reply | To 1 | View Replies]

To: org.whodat

College Tuition in 1964 for Boston College $465/semester.

College Tuition in 2010 for Boston College $30,950/Year.

Do the math. It’s pretty typical, I think.

And these days, many MANY students require an extra year because they were feeling good about themselves and “studying abroad.”

In the good old days we studied a broad and felt pretty good and finished in four years.


11 posted on 12/26/2010 9:18:40 PM PST by jessduntno ("'How fortunate for governments that the people they administer don't think." - Adolph Hitler)
[ Post Reply | Private Reply | To 2 | View Replies]

To: WHBates
It really is a crime. Especially since for most professions, formal college is a waste of time.

I work at a big company. Our HR department has a standing policy - they only consider a candidate's college education if they have been working for less that ten years. If they have been working ten years or more, they only care about their past job performance. Period. Too many colleges are getting rich by taking college loan money and telling kids that they will not amount to anything without a degree. Myself and dozens of my colleagues are living proof that they are wrong. The only thing that matters is success in real life. I work with some people who barely graduated from high school. But they are our top sellers, or our best engineers, etc. No one asks about their college transcripts. If they are producing, that's all that matters. Did Don Draper in Mad Men go to college?! Hell no. But he was the most creative ad man on Madison Avenue. And the same applies today.

12 posted on 12/26/2010 9:29:27 PM PST by ExtremeUnction
[ Post Reply | Private Reply | To 4 | View Replies]

To: WHBates
It really is a crime. Especially since for most professions, formal college is a waste of time.

I work at a big company. Our HR department has a standing policy - they only consider a candidate's college education if they have been working for less that ten years. If they have been working ten years or more, they only care about their past job performance. Period. Too many colleges are getting rich by taking college loan money and telling kids that they will not amount to anything without a degree. Myself and dozens of my colleagues are living proof that they are wrong. The only thing that matters is success in real life. I work with some people who barely graduated from high school. But they are our top sellers, or our best engineers, etc. No one asks about their college transcripts. If they are producing, that's all that matters. Did Don Draper in Mad Men go to college?! Hell no. But he was the most creative ad man on Madison Avenue. And the same applies today.

13 posted on 12/26/2010 9:29:37 PM PST by ExtremeUnction
[ Post Reply | Private Reply | To 4 | View Replies]

To: Flavius
A lot of students would do well to consider options such as community colleges. In the interest of full disclosure, I do teach at one.

Our courses are required to be the equal of the same courses taught at bigger state schools. Our tuition is considerably lower, class sizes are smaller, and no courses are taught by graduate assistants (at least, not where I teach).

You won't get the football team nor sororities/fraternities, but you can get a decent education. We have some vocational/technical courses, as well.

I would encourage anyone considering college to look at the community colleges, and to consider taking every possible course at that level, using as little borrowed money as possible.

14 posted on 12/26/2010 9:30:41 PM PST by susannah59
[ Post Reply | Private Reply | To 1 | View Replies]

To: WHBates
formal collage is a waste of time

How can anyone argue with that? :)

15 posted on 12/26/2010 9:35:37 PM PST by spodefly (This is my tag line. There are many like it, but this one is mine.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Flavius

i don’t know how humanity has made it this far.


16 posted on 12/26/2010 9:42:11 PM PST by AlmaKing
[ Post Reply | Private Reply | To 8 | View Replies]

To: org.whodat
We have two kids in school. Our daughter was born deaf, her tuition/rm & bd is paid for; which is better than her being on SSN her entire life.

We pay a monthly bill of 1500 (tuition management) covers tuition & rm & bd at UAF and we give him 500/month extra. $2000/month is as cheap as I can find with no loans taken out and no financial aid available. That degree is something every kid needs to have when they start out and they need to complete it when they are young. At least I have the peace of mind knowing he won't be in debt when he gets out.

When I went to PSU many years back, per semester was around 3500, now 9000; close enough to 400%. Anyway you look at it, a wise investment.

17 posted on 12/26/2010 9:44:30 PM PST by Eska
[ Post Reply | Private Reply | To 2 | View Replies]

To: WHBates
"It really is a crime"

I don't see any crime. Nobody is forcing these kids, most of whom spend their first 3 semesters in "catch-up" courses, to take out these loans.

Most people are not suited for college. They just aren't smart enough. However, somehow they get admitted.

There USED to be real standards, now all you need is a GED and a loan.

Most of these kids would be better off taking remedial course at the local CC and getting a job. Well, unless they want to be a teacher. A teaching degree is little more than a HS diploma.

18 posted on 12/26/2010 9:50:17 PM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Flavius
It's a shame really, good people paying upwards of $80,000 to have their children brainwashed with liberal doctrine.

Unless you are going to college to learn a specific profession (i.e. law, medicine, engineering), it is a total waste of money.

I know a poor sap that raised two daughters and almost went bankrupt sending them to the best colleges, spending well into six figures. After college, they both got married setting him back tens of thousands of dollars more.

One of the daughters got divorced and has moved back into his house with her two kids. He and his wife are pretty much locked into supporting them for years to come, putting their lives on hold. The other daughter did a little better, marrying a man with a decent job, but she never worked either - that college degree a waste of money for her as well.

When my two sons were growing up, people used to always tell me to put away a bunch of money for their college but I never listened to them. No way was I going to spend a small fortune subsidizing their keg parties and slacker lifestyles. My kids were going to have to earn their way into college.

My strategy worked. My youngest son is in his third year of college studying engineering at a state university. So far he has not had to take out any loans, he has paid half the tuition on scholarships and his own savings and pays for his own books with his part time job. My wife and I pick up the other half of the tuition but we pay as we go - after all it's a state college and tuition is reasonable. Also, he lives with us and commutes - no dorm life for him.

My oldest son decided to pursue a career in computer networking so he went to a Technical School instead of a college. He'll soon be making more money than most college grads.

19 posted on 12/26/2010 9:52:39 PM PST by SamAdams76
[ Post Reply | Private Reply | To 1 | View Replies]

To: org.whodat
When I was an undergraduate at UCLA in 1966, Student union fee was $50.00 dollars, average cost of books was $50.00 at most. No tuition for instate students!
It is a total crime what is happening today!
University Education complex (including banks, professors, and all administrators are involved in a criminal enterprise to enrich themselves at the expense of students and the public!
A deeper look will reveal that commie operatives and fellow travelers have spearheaded this successful effort to rob American populace of an educated class successful! And Yes I know that Nixon is the one who allowed banks to get involved in student loans, and laid the foundation of what is happening today!
20 posted on 12/26/2010 9:56:07 PM PST by J Edgar
[ Post Reply | Private Reply | To 2 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-73 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson