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Old 08-19-2008, 12:15 PM
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Default Our the candidates ready for the college tuition money squeeze?

Loans for tuition are becoming more difficult to get and they are coming due. Are the candidates ready to address this after the conventions? Families with kids not in school because they couldn't get a loan don't make happy voters.
Credit squeeze hits college students, families - Personal finance - MSNBC.com
But this year, on top of the complexities of multiple public and private lending programs and hit to college savings accounts from the turmoil in the financial markets, parents and students have another obstacle to overcome. The ongoing credit crunch has prompted dozens of private lenders to stop making student loans.
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Old 08-19-2008, 12:31 PM
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Location: Alvarado, TX
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When I went in the Navy back in 1970, and after boot and school, I was sent to the Pentagon for my entire tour. In my first command was an exceptional Captain, a thinker, and he explained education and the masses something like this.

In a given time, say every seven years or so, there would be a need for trades, and the tuitions for college and other higher-education kinds of schools would fall off, and the trade schools would be in hog-heaven. Toward the end of another cycle, another seven years or so, the economy would be aching once again for the college-educated folks, the BAs, BSs, Masters, even PhDs, and the trade scene would be overloaded. Then the colleges and similar schools of higher learning would be flooded. Then the cycles repeat, ad infinitum.

So the kids can't get into school at the moment, maybe for a couple of years. The parents can't handle the pain in the pocketbook for a couple of years. There ARE other avenues to take. Go out, get a job, any job, just don't do the welfare trip, get indoctrinated into a welfare society. I had a cousin whose #1 son went to West Point, then did his mandatory stint in the Army as an officer. #2 son, however, chose to go to a trade school with great success. #1 is now a stock broker, a job I wouldn't want at this point in time. #2 is a construction foreman in Gainesville, FL, and evidently is doing quite well, even in a down economic time, although I really don't know the situation in Flada. But as long as the Yankees keep heading for the South for retirement, and bringing their money with them, I'd dare say he's pretty well set for life.

So, now, my friends, that is all I've got on it all. My friends. hahahaha
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Old 08-19-2008, 12:54 PM
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Quote:
Originally Posted by Delta Planter View Post
When I went in the Navy back in 1970, and after boot and school, I was sent to the Pentagon for my entire tour. In my first command was an exceptional Captain, a thinker, and he explained education and the masses something like this.

In a given time, say every seven years or so, there would be a need for trades, and the tuitions for college and other higher-education kinds of schools would fall off, and the trade schools would be in hog-heaven. Toward the end of another cycle, another seven years or so, the economy would be aching once again for the college-educated folks, the BAs, BSs, Masters, even PhDs, and the trade scene would be overloaded. Then the colleges and similar schools of higher learning would be flooded. Then the cycles repeat, ad infinitum.

So the kids can't get into school at the moment, maybe for a couple of years. The parents can't handle the pain in the pocketbook for a couple of years. There ARE other avenues to take. Go out, get a job, any job, just don't do the welfare trip, get indoctrinated into a welfare society. I had a cousin whose #1 son went to West Point, then did his mandatory stint in the Army as an officer. #2 son, however, chose to go to a trade school with great success. #1 is now a stock broker, a job I wouldn't want at this point in time. #2 is a construction foreman in Gainesville, FL, and evidently is doing quite well, even in a down economic time, although I really don't know the situation in Flada. But as long as the Yankees keep heading for the South for retirement, and bringing their money with them, I'd dare say he's pretty well set for life.

So, now, my friends, that is all I've got on it all. My friends. hahahaha
The transplant market has settled down as a result of the housing slowdown. Craftsman are hurting big time and those working in the construction trade are in much pain. It is a shame. It was posted by someone in CD a link stating that the demographic most hurt by the economic down turn were 30ish White Males without college degrees. They were the hardest hit by the housing down turn. Florida is in shambles as many retiree's are becoming half backs. That is they are moving to the Carolina's which is halfway back from where they came. Today's tropical storm isn't going to help.
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