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Can't rat out family members. That would lead to an unpleasant holiday season. But it's happening, and it's widespread.
you don't have to rat them out, just introduce me, i'll get the conversation going in that direction.
Quote:
Originally Posted by Marc Paolella
Good, so do I. So let's downsize government to the point where PACs have nothing to spend money on. In the process of taking care of that, we can also cut all taxes by about 80%, returning the money to its rightful owners - those who produced it.
that's one approach. but i don't agree that that is the solution.
This brings up a good point. Why on Earth is government providing adults with money to complete their college education? College should be an entirely individual and personal expense. It seems irrational and immoral to remove money from one person and give it to another so that he may attend college. In fact, it is downright evil.
it's to provide the country with a class of citizens that can continue keeping our country competitive with the world. you don't have to agree that it should be done, but the that's the reasoning for it. government also funds research through universities to develop new technologies and processes.
if this were true, then why is it a fact that government subsidized a far larger % of college education in the 70s and 80s than they do now? shouldn't costs hav not gone up so much then?
id be curious to see a link to where you got that information. it may be true, but i went to a very expensive college for undergrad and i knew lots of kids whose education was paid for by student loans. i find that absolutely ridiculous as the possible income from many of the highest priced schools doesnt justify the higher price tag.
id be curious to see a link to where you got that information. it may be true, but i went to a very expensive college for undergrad and i knew lots of kids whose education was paid for by student loans. i find that absolutely ridiculous as the possible income from many of the highest priced schools doesnt justify the higher price tag.
though...one issue with rising costs could be the ease of availability to private student loans, up to a certain amount, with them being excluded from bankruptcy.
federal grants covered a much larger % of the cost of attending a public university 35 years ago...
and...student loans doesn't necessarily mean government backed student loans.
but that link was just pell grants. is that what makes up a bulk of government subsidizes for higher education? i am aware that there are subsidized and unsubsidized loans but i dont know what % of each are out there.
i also think part of the problem is the ignorance of kids and even parents. once they get a loan, the idea of considering price for a college goes out the window because many people seem to feel their have a right to go to whatever school they want.
i guess its the same deal for mortgages and health insurance also. people see money coming from a third party and they stop caring about costs.
i know few that are on the position that the protestors are wrong will take this opinion piece seriously, but I thought it was well-written nonetheless.
i know few that are on the position that the protestors are wrong will take this opinion piece seriously, but I thought it was well-written nonetheless.
its written by paul krugman. ive read my limit of crap he has written.
i dont think the protestors have a real position for anyone to really say is wrong. is it that they were against the wall street bailouts? thats nothing new and there is a long list of groups who opposed that (including the tea party).
but that link was just pell grants. is that what makes up a bulk of government subsidizes for higher education? i am aware that there are subsidized and unsubsidized loans but i dont know what % of each are out there.
i also think part of the problem is the ignorance of kids and even parents. once they get a loan, the idea of considering price for a college goes out the window because many people seem to feel their have a right to go to whatever school they want.
i guess its the same deal for mortgages and health insurance also. people see money coming from a third party and they stop caring about costs.
the Stafford loans exist in a few variations, as I understand it. There are direct loans from the government, which cost about $1.70 per $100, and there are loans from private banks subsidized by the government, which cost about $9.20 per $100. The private loan subsidy program doubled in size between 2001 and 2007, while pell grants effectively declined. to get a subsidized loan, you must display financial need (meet certain requirements). they cap out at $5,500 per year, $23,000 total. the borrower pays a 1% "default fee", which helps cover the cost of guaranteeing the loans against default, sort of like PMI for a mortgage.
the loans have been around for a while. having a hard time finding a comparison chart like for the PELL grants. but these are loans people have to pay back, including fees to help cover the costs of the ones that default. and interest rates aren't exactly low, at around 6.8%.
While I am 100% behind what the occupy wall street protesters are doing, one picture in this weekends star ledger, on page 10, depicts all 3 causes that have lead to our spiraling downfall. While republicans, corporate greed, illegals, and businesses moving into other countries sure don't do anything to help the problem, combined, they don't do, or aren't doing as much damage to the U.S. as any one of the big 3 causes are doing individually. Mr. Obama, or anybody couldn't solve this crisis we are heading into even if the american jobs act were to bring in 450 quintillion dollars towards new jobs.
A question...does anybody even know what any of the 3 causes are?
I can trace just about any and every negative problem worldwide to at least one of the 3.
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isn't it ironic
