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It is much more than four hundred precent.
took me over ten years to pay off my loan...Yes, just their own greed, self indulence in the name of education is destroying these colleges and universities!
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”...;)
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.
Most of the shocking facts aren’t so shocking; or even very interesting. They certainly aren’t worth 16 clicks.
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.
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.
Just more social engineering by our government. The liberals think everyone should go to college. They’re about to give us another bubble burst.
Demos should change their party name to the “Bubble Burst Party” because they’re ultimately responsible for every one of them.
Easy solution: stop subsidizing colleges w taxpayer money. The pricing model will adjust quickly
Just wait, it will get worse. With the government taking over the student loan program, it will turn into another “wealth redistribution” program, with the favored minorities getting their loans forgiven, and the “rich” white people making up the difference.
I graduated from High School in 1960, I wouldnt have dreamed of borrowing thousands of dollars to go to college.
Todays credit card economy and easy loans have teught young people that debt is a part of their lives. They have no aversion to owing money.
I have livd a decent life raised two kids sent one of them to college, (Community college), own my own home and don’t owe a penny to anyone.
Kids coming out of college owing a hundred thousand dollars to the government with no promise of getting a job, and no jobs to be had. Man, something is screwed up.
My daughter is a EE major. At least I can say she is getting an education or learning a few things — unlike most liberal arts majors. And that is too bad; I was a liberal arts major, but that was before most of the PC crap hit the colleges and universities.
Believe it, people. He speaks the gospel truth there. I see it close up.
I’ve been saying this for a few years now...
Trade schools
btt
And, for forty years the Liberals answer to the rising extravagance of the “education industrial establishment”(© Wuli) has been simply to be sure the government share of paying for that extravagance just keeps increasing, in the name of “education”.
When the colleges raise alarms next summer that “student aid needs to increase” in the fall, “to keep pace with rising tuition”, the new U.S. Congress needs to say:
“No it does not. You - the colleges - need to cut your costs and not raise your tuition, period, end of discussion.”
The colleges and the Liberals will say:
“You are denying money for EDUCATION.”
Congress can then reply:
“No, we are not denying money for education. We are no longer funding the excesses and extravagance of “the education industrial establishment” ((© Wuli)