College is Becoming Too Expensive for Everyone

Growing numbers of students priced out of going to university as college costs jump a staggering 250PERCENT in the past 30 years while median income has stagnated

Since 1982, the cost to go to private college, with adjustment for inflation, has jumped 250%. The price to go to public college has increased 150%. Parents can simply not afford to send their kids to college, which means massive loan debt for the student.

http://i.dailymail.co.uk/i/pix/2013/06/15/article-0-1A564A0B000005DC-773_634x491.jpg


http://www.dailymail.co.uk/news/article-2342279/Growing-numbers-students-priced-going-university-college-costs-jump-staggering-250PERCENT-past-30-years-median-income-stagnated.html

Academia's just another money grab.

 

 

Prices are soaring because we are spending more and more on incarceration. All the money from the states that use to go to schools now has to go to jails. Phone Post 3.0

beastrosoup - Prices are soaring because we are spending more and more on incarceration. All the money from the states that use to go to schools now has to go to jails. Phone Post 3.0


SOURCE!!!

The elite are telling the masses we need more diggers and less foreman.

beastrosoup - Prices are soaring because we are spending more and more on incarceration. All the money from the states that use to go to schools now has to go to jails. Phone Post 3.0

Da fuq?

Unintended consequences of shitty socialist public policy. Or maybe not so unintended, it's hard to say.

Graduating without a ton of debt is still doable, though, if you make the right choices. The notion that people "can't afford it" is hyperbolic. Phone Post 3.0

My wife has a BSN from The University of Pittsburgh to the tune of 100k.

She makes $24 an hour(she made 55k last year before taxes). We're making $600 payments(no interest) a month on that thing for the next 10 years to pay it off. And yes OG math geniuses, this takes into account what we've already paid off.

I'm actually starting to think I may encourage my children to do something other than college when they get to that age. It doesn't seem worth it anymore.

cool hand Ed - My wife has a BSN from The University of Pittsburgh to the tune of 100k.

She makes $24 an hour(she made 55k last year before taxes). We're making $600 payments(no interest) a month on that thing for the next 10 years to pay it off. And yes OG math geniuses, this takes into account what we've already paid off.

I'm actually starting to think I may encourage my children to do something other than college when they get to that age. It doesn't seem worth it anymore.


Two of the most succesful business owners I know did not go to school. One of them is one hell of a savvy business guy too.

Zanzoken - Unintended consequences of shitty socialist public policy. Or maybe not so unintended, it's hard to say.

Graduating without a ton of debt is still doable, though, if you make the right choices. The notion that people "can't afford it" is hyperbolic. Phone Post 3.0


"Unintended consequences of shitty socialist public policy"



I seriously hope you are trolling? This is capitalsim at its finest, the rich go to good schools and fuck the poor. Rjbo71 is spot on... "The elite are telling the masses we need more diggers and less foreman."

dbl

rjbo71 - 


The elite are telling the masses we need more diggers and less foreman.


You don't need to have an education to be a foreman.

IMO, we need more kids in this country doing manual labor and going to trade schools.

Maybe if kids these days weren't so afraid to get their hands dirty, and society would quit looking down on people that make an honest living with their hands, we wouldn't have immigration problems.

PatK - 
rjbo71 - 


The elite are telling the masses we need more diggers and less foreman.


You don't need to have an education to be a foreman.

IMO, we need more kids in this country doing manual labor and going to trade schools.

Maybe if kids these days weren't so afraid to get their hands dirty, and society would quit looking down on people that make an honest living with their hands, we wouldn't have immigration problems.


LOL, I was making a point.



ANd you just parroted it after telling me it was wrong. Heh heh.

Degrees are incredibly over valued in most fields. I really don't see the point unless you need some sort of advanced\specialized degree (medicine, law, etc.). Outside of that, I really believe you are better off just getting a job at a good company and working your way up. I think its better for the company in the long run as well since the person will be more invested in the company.

Additionally, someone working their way up is going to understand the business so much better than someone who just has a degree saying they understand business.

Just my opinion from observing inept people with degrees get jobs over proven performers without them.

cool hand Ed - My wife has a BSN from The University of Pittsburgh to the tune of 100k.

She makes $24 an hour(she made 55k last year before taxes). We're making $600 payments(no interest) a month on that thing for the next 10 years to pay it off. And yes OG math geniuses, this takes into account what we've already paid off.

I'm actually starting to think I may encourage my children to do something other than college when they get to that age. It doesn't seem worth it anymore.

$100K is too high IMO but even then it's still likely going to turn out to be a good investment for your wife. My guess is she's making at least $15k more per year then she would have without the degree and that gap will just get wider and wider as she gains more experience in her field.

Compound that out over her working lifetime and she'll easily earn that $100k back. Especially since you're able to get an interest free loan with a 10 plus year term. Look at it this way she's earning an extra $15K per year pretax and you're paying $7200 per year for the education that got you the $15K. It's already paying for itself and will pay for itself even more going forward as her salary increases and you pay off the loan.

rjbo71 - 
PatK - 
rjbo71 - 


The elite are telling the masses we need more diggers and less foreman.


You don't need to have an education to be a foreman.

IMO, we need more kids in this country doing manual labor and going to trade schools.

Maybe if kids these days weren't so afraid to get their hands dirty, and society would quit looking down on people that make an honest living with their hands, we wouldn't have immigration problems.


LOL, I was making a point.



ANd you just parroted it after telling me it was wrong. Heh heh.


I didn't say you were wrong, or at least didn't mean for it to come across that way.

The "elite" aren't telling people shit though.

We do need more emphasis on trades.

I see too many kids that are schooled from jr high through high school to go to college that never do. Or go and never finish because they shouldn't have been going in the first place.

BrocksSwockRanTrane_onShane -
Zanzoken - Unintended consequences of shitty socialist public policy. Or maybe not so unintended, it's hard to say.

Graduating without a ton of debt is still doable, though, if you make the right choices. The notion that people "can't afford it" is hyperbolic. Phone Post 3.0


"Unintended consequences of shitty socialist public policy"



I seriously hope you are trolling? This is capitalsim at its finest, the rich go to good schools and fuck the poor. Rjbo71 is spot on... "The elite are telling the masses we need more diggers and less foreman."

Read thirdleg's post.

The government's decision to increase access to higher education has led to exploding prices, lower standards, devalued degrees, and mountains of debt. And it all stems from the idea of "everyone deserves everything", i.e. socialism. Phone Post 3.0

Market forces have been tinkered with as it relates to student loans, but maket forces always come into play. Here we seem to be reaching the envelope of college viability. Its a good thing.

vexedvox - Degrees are incredibly over valued in most fields. I really don't see the point unless you need some sort of advanced\specialized degree (medicine, law, etc.). Outside of that, I really believe you are better off just getting a job at a good company and working your way up. I think its better for the company in the long run as well since the person will be more invested in the company.

Additionally, someone working their way up is going to understand the business so much better than someone who just has a degree saying they understand business.

Just my opinion from observing inept people with degrees get jobs over proven performers without them.


it could change, but this is still a poor strategy in the job market as it exists, now.



most corporate/professional environments will have an internal level at which having a degree is far more advantageous than not having a degree. very, very often -- i've seen it a number of times -- positions just aren't attainable without the degree. a lot of the time, it doesn't even matter what the degree's in, just that the candidate has one.



sure, it's possible to grind through the ranks for years and years to reach virtually any level you want at some employers. it's also far easier to have a degree and put in half or a quarter or a small fraction of the time getting up to speed and then using an adroit mix of qualification, experience, and networking to gain promotion.



 

Zanzoken - 
BrocksSwockRanTrane_onShane -
Zanzoken - Unintended consequences of shitty socialist public policy. Or maybe not so unintended, it's hard to say.

Graduating without a ton of debt is still doable, though, if you make the right choices. The notion that people "can't afford it" is hyperbolic. Phone Post 3.0
    <br />
    <p>
        &quot;Unintended consequences of shitty socialist public policy&quot;</p>
    <p>
        I seriously hope you are trolling? This is capitalsim at its finest, the rich go to good schools and fuck the poor. Rjbo71 is spot on... &quot;The elite are telling the masses we need more diggers and less foreman.&quot;</p>
</blockquote>
Read thirdleg's post.<br />
<br />
The government's decision to increase access to higher education has led to exploding prices, lower standards, devalued degrees, and mountains of debt. And it all stems from the idea of &quot;everyone deserves everything&quot;, i.e. socialism. <img alt="Phone Post 3.0" border="0" src="/images/phone/apple.png" style="vertical-align:middle;" /></blockquote>

 

the argument establishes that subsidizing the purchasing power of the consumer will allow for an explosion in demand, an inflation in the price of the supply, and a de-valuing of individual units. were a socialist move made, meritocratic universal access would be given to a directly-subsidized education, as is favored in most of the world, and the price wouldn't fluctuate because it's part of the regulation schema.

[edit - yes, taxation to fund the education is a potential part of the price]

crony capitalism, not socialism, is to blame in this particular case.