Texas small government = 55% in tuition in 9 years (Buffalo, Rice: layoffs, high school)

[verybadgnome]

Originally Posted by John26

So you are claiming that an increase in demand for school is not driving up tuition?

If millions less people went to college then there would be an incentive to reduce tuition since there would be less demand.

Not everyone should need a college degree to be survive in this world.

Now that colleges are pushing so many people through all these degrees pretty much just drives down the value of them. So you end up with the situation we have now, expensive tuition and a degree that is not worth much.

IMO education is a good thing, however the way our society goes about it is pretty stupid.

Increase in demand can be met in a variety of ways. Prospective students have options to go in state or out, into a 2 year school or a 4 year one, and enroll in a public or private institution. Education is not a commodity like petroleum and states do not set tuition at public schools to take advantage of market conditions like private corporations do. As long as their is a supply of educators, and their certainly is, demand can be met, but I think what you are seeing as inflation is simply reduced state expenditures for advanced education as a means of cutting back on budgets.

The value of a degree is what you make of it. There are plenty of occupations in the U.S. where we rely on imported foreign labor to make up for shortages here.

And what makes you think a degree is not worth much? Certainly not the Dept. of Labor figures below:

[verybadgnome]

Originally Posted by TX75007

LOL. Do you have a votive to Marx in your closet?

The actual problem is that most kids should not go to college at all. Most should go to a two year college or into the trades. Yet the student loan racket and the Liberal mindset on equal outcomes puts many into a debt that they will take 20 years to pay off and offers them degrees in wymyn studies which will not allow them to be meaningful contributors to their communities.

Today 22 year old kids with no college but a trade are making $100K a year in the oil patch while their peers are graduating with $50K in debt and cannot find a job.

IMHO the universities and profs and staff should be on the hook for leading kids down the path to financial ruin.

Eagle Ford is what I would call an aberration. That is those jobs weren't there 5 years ago and they probably won't be there 20 years from now. Statistics in the previous post show that for every extra level of education, save one at the very top, incomes increase substantially.

If I work 30 years - and I plan to - I will have in the end paid less less than 2% of my lifetime earnings for education. And that includes room and board which is a really generous assumption. Sorry the old saying of "more earnin' and less learnin'" looks pretty short-sighted in today's information age and the gold rush mentality of chasing easy money is equally foolish. And it is not just about money as education and understanding of the world at large has value in itself. Critical thinking, how to do research, and communication skills were not things I learned in 1 year of electronics school because sometimes having an education with too much focus does not allow for changes in the job market where employees are excepted to learn, but at the same time have a strong knowledge base.

[theSUBlime]

Originally Posted by John26

So you are claiming that an increase in demand for school is not driving up tuition?

If millions less people went to college then there would be an incentive to reduce tuition since there would be less demand.

Not everyone should need a college degree to be survive in this world.

Now that colleges are pushing so many people through all these degrees pretty much just drives down the value of them. So you end up with the situation we have now, expensive tuition and a degree that is not worth much.

IMO education is a good thing, however the way our society goes about it is pretty stupid.

Not necessarily. Case and point: Why is Boston University more expensive than Harvard?

[Dopo]

Here we go again with the BS of "supply/demand" in education.

Education is an investment in our people = our country.
It might cost the government X amount of dollars to get a smart kid through college, but after 4-5 years that kid is going to pay $25,000 in taxes instead of paying $4500 in taxes a year
(assuming he makes $100,000 and pays 25% instead of making $30,000 and pay 15% in taxes)

That kid is also gonna have $75,000 on hand to spend in the local economy and create more jobs.

Yes, not everybody should go to college, but it's a mistake for us to make it difficult for a smart kid to go to college.

[rynetwo]

Im curious what deregulation has happened on the state level when it comes to higher education?

[tecis]

Originally Posted by verybadgnome

That has almost no effect on tuition rates. Please show me studies that state what you are saying. And killing the federal student loan program would mean millions could never go to college.

It is precisely the effect. Same happened to the housing market up to 2006. College is still in a bubble.

Too many people go to college anyway and come out with degrees in wothlessness (gender studies and such c**p. It would be much better to install a working apprenticeship-program in order to have people properly trained in doing jobs instead of sitting at college all day never to see a company from inside.

[tecis]

Originally Posted by verybadgnome

Increase in demand can be met in a variety of ways. Prospective students have options to go in state or out, into a 2 year school or a 4 year one, and enroll in a public or private institution. Education is not a commodity like petroleum and states do not set tuition at public schools to take advantage of market conditions like private corporations do. As long as their is a supply of educators, and their certainly is, demand can be met, but I think what you are seeing as inflation is simply reduced state expenditures for advanced education as a means of cutting back on budgets.

The value of a degree is what you make of it. There are plenty of occupations in the U.S. where we rely on imported foreign labor to make up for shortages here.

And what makes you think a degree is not worth much? Certainly not the Dept. of Labor figures below:

Take a look at those who already flip burgers at MCD's with degrees. Soon phDs will do the same.

My advice for high school finishers: Learn something with your hands: Mechanical skills, plumbing, etc. or start a business but don't even think about going to college unless it's a very specific degree which will be in high demand (hint: almost none will be over the next 15 years).

[tecis]

Originally Posted by Dopo

Here we go again with the BS of "supply/demand" in education.

Education is an investment in our people = our country.
It might cost the government X amount of dollars to get a smart kid through college, but after 4-5 years that kid is going to pay $25,000 in taxes instead of paying $4500 in taxes a year
(assuming he makes $100,000 and pays 25% instead of making $30,000 and pay 15% in taxes)

That kid is also gonna have $75,000 on hand to spend in the local economy and create more jobs.

Yes, not everybody should go to college, but it's a mistake for us to make it difficult for a smart kid to go to college.

Please also equate the student loans in.

Average Student Loan Debt For Borrowers Under Age 30 Is Nearly $21,000, Study Finds

By the way, you can't get rid of them in a personal bankruptcy event. Lifetime slavery ahead. Right or left side of the slave boat?

Supply and demand are actually market forces which haven proven to be much more effective than the college grads baring prestigeous degrees who had to write page-long studies intending to proof it's not that way, being their only objective to receive "tenure" (e.g. a job with fixed income on university payroll) as fast as possible.

[Dopo]

Originally Posted by rynetwo

Im curious what deregulation has happened on the state level when it comes to higher education?

You didn't read the article?
Do I have to show you the actual bill?


Bill H.B. 3015 - 2003
An Act relating to the tuition and fees charged to students of institutions of higher education, to financial assistance funded by tuition, and to reports of availability and access by institutions of higher education.


This is what it said before Bill H.B 3015 (line 15 -24)

In addition to amounts that a governing board of aninstitution of higher education is authorized to charge as tuitionunder the other provisions of this chapter, the governing board,[is authorized to] charge as tuition [in an academic year an amount not to exceed the amount charged under Sections 54.051 or 54.0512, as applicable, in that academic year].

This is what it said after Bill H.B. 3015

In addition to amounts that a governing board of an institution of higher education is authorized to charge as tuition under the other provisions of this chapter, the governing board, under the terms the governing board considers appropriate, may charge as tuition that the governing board considers necessary for the effective operation of the institution

[tecis]

Originally Posted by TX75007

LOL. Do you have a votive to Marx in your closet?

The actual problem is that most kids should not go to college at all. Most should go to a two year college or into the trades. Yet the student loan racket and the Liberal mindset on equal outcomes puts many into a debt that they will take 20 years to pay off and offers them degrees in wymyn studies which will not allow them to be meaningful contributors to their communities.

Today 22 year old kids with no college but a trade are making $100K a year in the oil patch while their peers are graduating with $50K in debt and cannot find a job.

IMHO the universities and profs and staff should be on the hook for leading kids down the path to financial ruin.

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