To a staggering degree, nearly all college grads in debt (Fed student loans near mortgage bubble)

Star Tribune ^ | 05/13/2012 | ANDREW MARTIN and ANDREW W. LEHREN

[Freedom4US]

She didn’t, apparently, learn much about business however. The whole “...like, $900 a month...” thing tells me all I need to know.

Not that I was any great scholar at that age, but knew enough not to give any interviews. Scary.

[RC51]

http://travel.state.gov/visa/visa_5499.html

“In number, we issued 715,000 student, exchange, and vocational visas ...” in 2011

The same year the US had 20.3 million students in higher education. So if on average the US issues 715k NEW student visa’s each year. Then at any time there would be approximately 3.5 million foreigners attending US Colleges and 16.7 million US citizen student.

Therefore roughly 21% of the demand of higher education in the United States comes from non-US citizens imported abroad.

Since the H1B Visa cap is set at roughly 100k a year, we we can conclude that roughly 85% - 90% of these foreign students return to their native countries after graduation.

So the story is this: Foreigners come here, drive up our cost of education, then leave.

In my opinion our Public Colleges would rather do away with American students all together. They’d rather get fat off the foreigners.
http://rendezvous.blogs.nytimes.com/2012/02/07/how-chinese-students-pay-u-s-tuitions/

[freeangel]

“It is pretty obvious that her parents assume that the government will take care of them as employees and will take care of their offspring as well.”

And I’m afraid they will be correct as the taxpayers and those kids who worked their way through school at reasonably priced colleges will be stuck once again paying for people’s poor choices.

[SgtHooper]

My thoughts exactly! It’d also effect salaries and bennies.

[Moltke]

"As an 18-year-old, it sounded like a good fit to me, and the school really sold it," said Griffith, a marketing major. "But when I graduate, I'm going to owe like $900 a month. No one told me that."

Any prospective employer of young Ms. Griffith *will* google her name and *will* come across this article (perhaps even this FR thread). I don't think she has much of a future in the marketing field.

Why would someone in her position go on the public record with such a stupid statement? She has now twice proven herself an idiot.

[hoosierham]

You are correct. I would like to see the government follow the Constitution.Of course the powerful interests ignored the restrictions from the day the ink dried.But mostly the Constitution was followed until the 1860s when the will of those in Washington, D.C. began to control the nation.In the early 1900s even more of the power shifted to D.C. elies.

And most Republicans would be aghast if anyone seriously proposed to abolish the thousand-and-one federal programs that violate the original intent and words of the Constitution.

For the great majority of the people you could edit the Constitution down to this:

“...promote the general welfare...”

[Bibman]

You know it. Time got the cover right.