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To: SeekAndFind
Times have changed, and today student loans pay for many things, some of which have little to do with getting a good college education.

Examples of such things:

College president's $1M salary.
College football coach's $2M salary.
Elizabeth Warren's $350,000 salary to teach one class a year.
The really fancy new dorms.
The really fancy new cafeteria.
The really fancy new sports arena.

None of these things really contribute to a good college education, but due to the ease with which students' can borrow money, colleges find that they can spend all kinds of sums, and just keep jacking up the tuition to pay for it all.

5 posted on 09/30/2012 10:22:06 AM PDT by ClearCase_guy (ua)
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To: ClearCase_guy

Bingo...that is where we need to start cutting first! Sick of paying these Marxist professors so much money. Same with the government bureaucrats. Time to put a lot of them in the unemployment line! We also need to stop handing out free college to everyone and their brother. They need to stop requiring new textbooks every semester too. I use to buy used books when I was in school to keep down my costs but colleges don’t have many of those anymore because they change textbooks several times a year. It’s crazy.


8 posted on 09/30/2012 10:47:06 AM PDT by penelopesire (TIME FOR A SPECIAL PROSECUTOR!)
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To: ClearCase_guy

Don’t leave out the plethora of USELESS majors that have sprung up in the last four decades: ethnic studies, black studies, women’s studies, queer studies and the like. The students who are dumb enough to choose one of these majors and who manage to graduate find themselves with bleak job opportunities. They quickly find that it is hard to make a living, as well as make payments on their $40,000 student loan debt, while they are working at the check-out counter at a grocery store or performing some other minimum-wage job..


14 posted on 09/30/2012 11:21:05 AM PDT by RightWingConspirator (Obamanation--the most corrupt regime since Robert Mugabe's Zimbabwe)
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