Posted on 01/21/2015 1:19:37 PM PST by Kaslin
In his State of the Union Tuesday night, President Obama claimed his "middle-class economics" would help make college more affordable. But after six years in office, his policies have only made college more expensive.
When Obama first came into office, the average tuition for a four year in state college was $6,591. Today, it is $9139, a 38 percent increase. The growth in tuition for private schools was even higher.
Meanwhile, house hold median income has fallen from $54,059 when Obama took office to $51,939 today.
So college tuition has gone up while income has fallen. That is the opposite of making college more affordable.
So how are more Americans sending their kids to college? By mortgaging their future.
Student has exploded under Obama, rising from $669 billion when Obama took office to more than $1.2 trillion today.
And there is evidence that Obama's student debt explosion is a big reason why the Obama recovery has been so sluggish. According to the New York Federal Reserve, borrowers deep in student loan debt are less likely to buy cars or purchase homes than their less-indebted peers.
Instead of encouraging the private sector to come up with new models for higher and vocational learning, Obama has shutdown educational entrepreneurs at every turn, and instead is attempting to micromanage the existing centuries old higher education system.
Well then, lets DOUBLE the college debt, and let in 500% more HB1 visas.
The unlimited and unjustified loans, guaranteed by the government, enforced through exemption from the bankruptcy code, with repayments far in the future means that zero calculation has to be given to the possible financial gain that a degree would give the possible graduate in the work force.
There's a great reason why this system exists: without it, there wouldn't be a woman's studies department, there wouldn't be ethnic studies chairs, there’d be tens of thousands of more people getting their education in science. It is a virtually unlimited pipeline of cash going into the liberal arts programs of every university. These programs generate liberals, and typically, liberals who vote.
So end the programs. Do not authorize government guarantees of student loans, do not immunize student loans from bankruptcy. And when universities become desperate to fill up their near empty campuses, prices will fall, dramatically.
Obama’s FREE community college for ALL is nothing more than another program to reward his Leftist educators base.
Students will have no incentive to keep their grades up when they know that their teachers will be following the directives of their managers to ‘ensure’ that all students will have a minimum of a “C” grade to keep the government hog trough fed and flowing.
There will be no concern from the students about tuition costs when the government community college administrators know that they will always be backed up by Uncle Sugar.
And with Government free goodies comes assurance of school administrators that approved government curriculum’s will be all that is allowed for indoctrination of students.
Oh, it’s “unaffordable”? Let’s subsidize it more!
[prices adjust for supply and demand]
Oh, it’s “unaffordable”? Let’s subsidize it more!
[prices adjust for supply and demand]
Oh, it’s “unaffordable”? Let’s subsidize it more!
[prices adjust for supply and demand]
Oh, it’s “unaffordable”? Let’s subsidize it more!
[prices adjust for supply and demand]
Oh, it’s “unaffordable”? Let’s subsidize it more!
[prices adjust for supply and demand]
Oh, it’s “unaffordable”? Let’s subsidize it more!
[prices adjust for supply and demand]
Oh, it’s “unaffordable”? Let’s subsidize it more!
Thousands of billions in fact, aka a trillion.
Pension reform would lower college debt.
If you want to see college costs skyrocket even more then just get the government involved and provide it “for free”.
The solution to this problem is defunding left wing Democrats who live off of the Higher education system. It's time to make the knowledge free and dispense with the need to pay these troublemakers.
Student loans:
1. Encourage tuition increases
2. Encourage "silly" classes
3. Result in outrageous salaries for professors
I was listening to Dave Ramsey attempt to help a young woman. He asked about her debt. Student loans: $110,000. That is utterly ridiculous!
Fortunately, her degree is in computer engineering. So she stands a good chance of getting a nice job. Hopefully her salary will let her pay off the loans quickly.
The unlimited and unjustified loans, guaranteed by the government, enforced through exemption from the bankruptcy code, with repayments far in the future means that zero calculation has to be given to the possible financial gain that a degree would give the possible graduate in the work force.
There's a great reason why this system exists: without it, there wouldn't be a woman's studies department, there wouldn't be ethnic studies chairs, there’d be tens of thousands of more people getting their education in science. It is a virtually unlimited pipeline of cash going into the liberal arts programs of every university. These programs generate liberals, and typically, liberals who vote.
So end the programs. Do not authorize government guarantees of student loans, do not immunize student loans from bankruptcy. And when universities become desperate to fill up their near empty campuses, prices will fall, dramatically.
So well stated, it deserved to be repeated.
Conservatives in 1958, when I was very young, tried to explain how federal aid in such cases would be counterproductive, but the American people could not and still can’t understand.
It takes quite a salary to pay off $110,000. Beyond what the average little American has
1. “The Phallus”
Occidental College. A seminar in critical theory and social justice, this class examines Sigmund Freud, phallologocentrism and the lesbian phallus.
2. “Queer Musicology”
UCLA. This course welcomes students from all disciplines to study what it calls an “unruly discourse” on the subject, understood through the works of Cole Porter, Pussy Tourette and John Cage.
3. “Taking Marx Seriously”
Amherst College. This advanced seminar for 15 students examines whether Karl Marx still matters despite the countless interpretations and applications of his ideas, or whether the world has entered a post-Marxist era.
4. “Adultery Novel”
University of Pennsylvania. Falling in the newly named “gender, culture and society” major, this course examines novels and films of adultery such as “Madame Bovary” and “The Graduate” through Marxist, Freudian and feminist lenses.
5. “Blackness”
Occidental College. Critical race theory and the idea of “post-blackness” are among the topics covered in this seminar course examining racial identity. A course on whiteness is a prerequisite.
6. “Border Crossings, Borderlands: Transnational Feminist Perspectives on Immigration”
University of Washington. This women studies department offering takes a new look at recent immigration debates in the U.S., integrating questions of race and gender while also looking at the role of the war on terror.
7. “Whiteness: The Other Side of Racism”
Mount Holyoke College. The educational studies department offers this first-year, writing-intensive seminar asking whether whiteness is “an identity, an ideology, a racialized social system,” and how it relates to racism.
8. “Native American Feminisms”
University of Michigan. The women’s studies and American culture departments offer this course on contemporary Native American feminism, including its development and its relation to struggles for land.
9. “’Mail Order Brides?’ Understanding the Philippines in Southeast Asian Context”
Johns Hopkins University. This history course — cross-listed with anthropology, political science and studies of women, gender and sexuality — is limited to 35 students and asks for an anthropology course as a prerequisite.
10. “Cyberfeminism”
Cornell University. Cornell’s art history department offers this seminar looking at art produced under the influence of feminism, post-feminism and the Internet.
11. “American Dreams/American Realities”
Duke University. Part of Duke’s Hart Leadership Program that prepares students for public service, this history course looks at American myths, from “city on the hill” to “foreign devil,” in shaping American history.
12. “Nonviolent Responses to Terrorism”
Swarthmore College. Swarthmore’s “peace and conflict studies” program offers this course that “will deconstruct ‘terrorism’ “ and “study the dynamics of cultural marginalization” while seeking alternatives to violence.
She’ll be paying the equivalent of a house mortgage for at least 10 years.
When Obama says “affordable”, he always means “by giving out tax dollars and fiat currency”.
For the 10,000th time, when government pumps money into education, it simply increases tuition costs. Colleges simply raise tuition to the point where they are squeezing all they can out of the government subsidy + the student. The only ones who benefit are the college professors and administrators, who have seen their salaries skyrocket over the past 50 years or so.
Our daughter who graduated recently in the Speech Therapy field was influenced by these academics who live off the system, that Graduate study was crucial in obtaining a position in her expertise… Now, she is an adult who did make her own decisions & understands her responsibilities, but having done so incurred nearly 60% of her student debt in just the two Masters years. Needless to say, she’s been unsuccessful for almost another 2 years thereafter finding a job she’s trained to do; fortunately, she’s working hard in a related area (at a depressed salary), but faces many years of repayment ahead regardless of income prospects.
Despite their efforts to blame Conservatives or “somebody else” for the rampant costs of higher education, the Left has no evil, corporate bogeyman they can point to for this fiasco.
Entering into the job market with $110k in debt following right behind you. That's a down payment for a home and car. It is a burden that is twice as big as it should be because of the student loan programs that are inflating tuition.
To shackle a young woman (or presumably her family as well, since many of these loans include family co-signers) with such a burden at the start of the career is crazy.
Many businesses are now doing credit checks of prospective employees. I wonder how massive amouts of student loan debt affects the opportunity to get hired?
I know that there has got to be a business owner or hiring official on FR that could answer this question.
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.