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Colleges were cheap due to supply and demand. The demand was low since in order to go to college, you had to pay for it out of pocket. It was tough to get loans from a bank for college. A student had no collateral to offer. No guaranteed income.
Once the floodgates opened and the student loan business opened up (government backed loans), the demand skyrocketed. The cost followed. College costs as much as it does since the loans are there for the students. So, while everyone has a "fair shot" these days of going to college, it is also costing everyone big-time.
The problem is that lots of young adults go to college because they are told that a college degree can get you a good job and high wage. But, they get a degree and end up working at fast food or grocery stores. Now, those "good jobs" wants loads of experience which makes it impossible for grads to get those good jobs. Plus, they will earn minimum wage which means they barely have money left over for rent and other bills so they would have to move back in with mom and/or dad. Don't go to college if you're not poor, or have at least 30 thousand saved up. BTW, 30 thousand could make a down payment on a house. Better to buy a house than spend 30 thousand on a piece of paper and not have much opportunities.
Agreed. You own your property if it's mortgage free and taxes are no different than an electric bill. They are a charge for services rendered. Don't pay the charge and you'll suffer the consequences.
Even if you do have a mortgage you still own your property. If you don't pay your mortgage the property can be foreclosed by the lender. At the time of foreclosure the ownership will transfer to the lender. Until that happens you still own your property.
Even if you do have a mortgage you still own your property. If you don't pay your mortgage the property can be foreclosed by the lender. At the time of foreclosure the ownership will transfer to the lender. Until that happens you still own your property.
True. The lines are a little fuzzy with co-ops though.
Colleges were cheap due to supply and demand. The demand was low since in order to go to college, you had to pay for it out of pocket. It was tough to get loans from a bank for college. A student had no collateral to offer. No guaranteed income.
Once the floodgates opened and the student loan business opened up (government backed loans), the demand skyrocketed. The cost followed. College costs as much as it does since the loans are there for the students. So, while everyone has a "fair shot" these days of going to college, it is also costing everyone big-time.
College is now appropriately priced. Yes, it is costly.
Even though I'm glad I have a degree (from a state school), I think college is mostly a sham nowdays.
1st - Everyone is herded into this college for all mentality. 30-40% of students should be going to trade schools and becoming plumbers, electricians, tradesmen. They should be able to get jobs....(shock) right after highschool. Or maybe 2 years more of higher education or more training.
People who should be going into trade school get funneled into all this junk...either for profit colleges, or politically correct, lightweight degrees....womens studies, latino studies....or they get a dubious regular degree (art history?). Or they drop out.
2nd - Somewhere along the line, college went from education to filling warm bodies in seats (a business).
3rd - In some areas, quality has been horribly degraded. Law? Compare law in the 50's or 60's to now.
4th - Quality isn't very good compared to overseas. Look how many foreign computer science majors come here, or engineers. Studying art history or womens studies isn't the same.
5th - There's so much they don't teach. You could give yourself a great education on the internet about a lot of subjects.
Then there's all these sub scams.....like $150 textbooks that change every year. Big textbooks should have gone the way of the slide rule by now. But there's a lot of powerful interests $$$$ that want to enrich themselves.
Even though I'm glad I have a degree (from a state school), I think college is mostly a sham nowdays.
1st - Everyone is herded into this college for all mentality. 30-40% of students should be going to trade schools and becoming plumbers, electricians, tradesmen. They should be able to get jobs....(shock) right after highschool. Or maybe 2 years more of higher education or more training.
People who should be going into trade school get funneled into all this junk...either for profit colleges, or politically correct, lightweight degrees....womens studies, latino studies....or they get a dubious regular degree (art history?). Or they drop out.
2nd - Somewhere along the line, college went from education to filling warm bodies in seats (a business).
3rd - In some areas, quality has been horribly degraded. Law? Compare law in the 50's or 60's to now.
4th - Quality isn't very good compared to overseas. Look how many foreign computer science majors come here, or engineers. Studying art history or womens studies isn't the same.
5th - There's so much they don't teach. You could give yourself a great education on the internet about a lot of subjects.
Then there's all these sub scams.....like $150 textbooks that change every year. Big textbooks should have gone the way of the slide rule by now. But there's a lot of powerful interests $$$$ that want to enrich themselves.
1--technology has improved to a point where high schools just can't teach you want you need to know. As for becoming plumbers, etc. they are still out there but the job market for those jobs is horrible right now.
2. College has always been a business
3. A law degree in the 50's isn't any better than one now.
4. Those computer science majors come here to STUDY, then work. Same goes for dr's and other STEM fields.
5.
Try getting a job these days without some kind of post-secondary training...that doesn't involve "would you like fries with that".
Virtually nothing and nothing are not the same thing.
That's true, but close enough. Prior to getting involved, I was paying just under $20,000 in real estate taxes. After getting involved, I've been paying $96 in real estate taxes. Raising cattle on a small scale is not too profitable, but it yields more than $96.
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