"I have had (recently) trouble paying off credit card debt.
I have an MBA and experience with accounting "
---PhilosopherStone1000
"Shit! 7 years of college down the drain"
Aside from the engineering schools and schools of medicine. most colleges, especially the Ivy, have become anti-Jew, anti-Christian, pro-Mohammedan, pro-Communist, Leftist indoctrination tanks.
A pox on them.
"I have had (recently) trouble paying off credit card debt.
I have an MBA and experience with accounting "
---PhilosopherStone1000
"Shit! 7 years of college down the drain"
$.10 a year would be a waste of your money at most of our colleges.
I graduated from a University in 1970 and worked half time to pay my way. My wife quit school for a year so I could finish then I worked for two years full time so she could finish. We had no student loans, we paid our way or we didn’t go.
Loans are too easy to get. But it is the ease of getting huge student loans that has made it possible for Universities to raise their tuition to astronomical levels.
It is my opinion that higher education has become a wealth distribution plan, from the poor and middle class to the elite, and student loans is the process.
Going to college was more affordable before the government got involved. Once a third party payer is involved (think health care) normal market forces can no longer keep the cost under control.
Colleges have no incentives to keep the cost within line with the students ability to pay for their service.
My guess is that credentialling will be privatized. Guilds, in one form or another will make a comeback.
from what I am seeing a lot of these kids come out of high school so ill-prepared they wash out of college in a semester or two anyway
Some mighty big suppositions here. The newspapers are dying because people are getting their news from the internet? That hasn’t been my experience. I meet a lot of people who pay scant attention to the news. They know some of the propaganda because it’s repeated over-and-over in many medias (talk shows, movies, etc...), but a variety of news items? Nope. I do believe that the universities are out of control and overcharge for an inferior product. But, who’s the biggest purchaser of the university’s products? That would be government. They hire the most graduates and pay for the most research. Try to convince government to shut down the universities.
In the local rag today, University of Tennessee officials are calling for a 12% tuition increase and a $100 fee increase. The problem is lack of free market forces. When I went back to school a few years ago as a ‘non-traditional student,’ I was the only one I knew in my classes actually writing a check every semester to UT. Most were on the lottery scholarship, which old farts like me didn’t qualify for. Several others had other academic scholarhips that I wasn’t eligible for because of a lack of recent academic history. And others had grants or loans that paid for tuition and books with some drinking money leftover. Tuition increases were meaningless to them. I don’t mean to sound like I’m whining (which I guess I am a bit), because going back to school was a wise financial investment for me, but until free market forces are applied to higher education, costs will continue to rise out of control.