Posted on 05/12/2019 3:30:12 AM PDT by reaganaut1
When Bill the Son graduated from college, the ceremony was for a couple thousand business and IT graduates. The only ones making Statements with their graduation robes and hats were some young women with Nursing degrees.
We noted that the grads were mostly women in most departments except for stats, business, chem, and IT. Nursing the only other STEM was of course, mostly women, and their caps were well Amazing!
I bet the male graduates were less than one third of the class.
Perhaps one quarter.
Bill’s ceremony had about 200 men from India, with 20-syllable names, getting bachelor’s or master’s degrees in Computer Science.
Bill’s degree is Marketing, one of the lightest options in business, but he’s in the number-crunching end of it and has a very good job.
congratulations to him.
and you.
The other big scam:
“General Education requirements”
Oh, we want to BROADEN STUDENT HORIZONS..!
Oh sure you do. More and more ethnica grievance stuff finds its way into these classes everyone has to take, resulting in an Mass Indoctrination Factory.
Plus it’s HIGH-SCHOOL, shifted into college because unionized teachers at the high-school level couldn’t teach them that stuff when they were still there.
Gummint loans shouldn’t apply to the years these scammy gen-ed courses are taken.
Why should white people pay for classes saying they’re evil..?
Same for ethnic studies, diversity requirements.
“If the US University System were a stock, I’d SHORT it.”
—Peter Thiel, famed Silicon Valley Venture Capitalist
My campaign platform is to tax university endowments at a mere 10% to buy down student loan debt. Let the folks that created the problem help pay for the solution.
Want more tax reform?
Tax contributions to all non-profits with overheads of greater than 15% at 10% as well. Win-win. Either they ‘charities’ with execs getting salaries in the mid to high 6s will get more efficient, or the taxpayers will benefit.
Thank you! Bill is our only college graduate so far, but Anoreth, ex-USCG, and Tom, a legend in his own mind, are both attending UNC-Charlotte. Elen, USMC, is in Okinawa and expects to go to Australia early in June.
I worked while going to college at night. I did have to take out a loan. Back in ancient times, the 70s, my loan amount was almost exactly 1 years worth of my after graduation salary. I paid it off in 5 years. I paid for my graduate degrees, electrical engineering and later political science. That worked because I was taught useful skills (EE) and why my government sponsors thought the way they did (political science). Most importantly, the cost was reasonable for what I got from it. Skills and no politics.
The way I remember it, student loans were not that big of a problem until the federal government took over all of them and banned banks from making these loans. I could be wrong.
Purdue University has a page where you can enter a major, graduation date and loan amount to get a payment schedule based on expected pay.
It looks like the major only matters for estimating the wage. Get a $70,000 English job at graduation and your payments will be the same or more than the engineering grads.
I’d believe it. Faculty senates are dominated by the illiberal arts. Any decent proposal would disproportionately hit those majors and is going to be DOA unless the federal government mandates it.
I was wrong. Different majors do have different payback percentages even if you do enter the same salary for both. Art history=3.92%, electrical engineering=2.74%.
adjusting interest rates is the bank’s way of mitigating risk.
They were, but not nearly on the same scale. I worked in the student lending business 20+ years ago, and while the loan amounts were generally much lower, there was still the ongoing problem of people going to crappy degree mills, dropping/flunking out, and discovering only after graduation that their “dream job”, for which they had taken on so much debt, didn’t exist.
I was working my way through college myself at the time...the “horror stories” (or at least very unsettling situations) I was seeing in case files was a major personal eye-opener on the dangers of debt.
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