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The issue is fraud. The fraud is being committed by big name universities as well as others. The fraud is the implication that a degree in the field of study will generate an income sufficient to pay off the loan within a timely period plus support an adequate lifestyle in the area of the job. Students are easily misguided because correct accurate timely and truthful information on jobs and career paths is almost impossible to obtain as the government and employers and others publish incorrect information.
There is no fraud being committed. Most students don't follow through and complete college. No college guarantees a job after just a bachelors degree. No college guarantees any amount of income.
Student's are misguided at their own fault. Everything is public information. It's easy to determine what you will make after a bachelors, masters, PhD, etc.
Great, so we can agree there should be laws to set lower tuition rates. Either that or posters here are suggesting only those who have parents with money can go to university.
Great, so we can agree there should be laws to set lower tuition rates. Either that or posters here are suggesting only those who have parents with money can go to university.
Not exactly. Strong students should get scholarships and grants.
The argument being that wealthy donors should be solely responsible for subsidizing tuition for academically qualified but financially disadvantaged students.
The argument being that wealthy donors should be solely responsible for subsidizing tuition for academically qualified but financially disadvantaged students.
This has worked for so many years. Donations after not the only sources of money. Patents pay a big role as well.
This has worked for so many years. Donations after not the only sources of money. Patents pay a big role as well.
Actually the State University Systems were the bigger deal when I went through the sequence 30 years ago.
Scholarships for a few smart kids had no place near the impact that the CSU did. For the better but not top 5% students were whether they got into UCLA or had to settle for CSU. Both were affordable on a middle class salary. I was at one point carrying three and helping a fourth. I was more upper middle but I could never have handled the load at today's prices.
So we are building toward the inevitable funding by the Feds of the college degree. Almost impossible at this point to avoid. Too bad in a way...the CSU thing made more sense.
We do have free education in this country it's called k-12 and if k-12 education actually did it's job we wouldn't need everyone to go to college.
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