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#1 Americans now owe more than $875 billion on student loans, which is more than the total amount that Americans owe on their credit cards.
#2 Since 1982, the cost of medical care in the United States has gone up over 200%, which is horrific, but that is nothing compared to the cost of college tuition which has gone up by more than 400%.
#1 Americans now owe more than $875 billion on student loans, which is more than the total amount that Americans owe on their credit cards.
#2 Since 1982, the cost of medical care in the United States has gone up over 200%, which is horrific, but that is nothing compared to the cost of college tuition which has gone up by more than 400%.
You wont get too many arguments from the sheeple. A college education is a good thing so costs be d*mned.
History has taught us costs rise with "free money". When you manipulate the free market, prices rise, quality goes down.
You wont get too many arguments from the sheeple. A college education is a good thing so costs be d*mned.
History has taught us costs rise with "free money". When you manipulate the free market, prices rise, quality goes down.
I guess there would be a lot of people asking, 'good for what?'
I agree with the author that higher learning is much more expensive than it used to be. But is it justified? There are really two issues at play here.
1. Higher learning is too expensive
2. Students have taken on too much debt as a result.
But let's consider if the cost for higher learning stayed the same, more or less, as 1980 levels. Wouldn't that make it much more accessible for just about anyone? Every waiter, retail salesperson, janitor, etc would be going to college. And then we would have even more college-educated waiters, retail salespeople, and janitors. The world still needs those people, those jobs are not going away.
Higher learning should be relatively expensive so as not to be accessible to 100% of the population. The article points out that so many of our young students waste their college days partying and drinking. This is what happens when people go to college that don't belong there. Save those seats for people who would take their studies seriously. People who saved up to be able to attend, or earned scholarships, so that when the time comes to put forth the effort of studying, they do.
And if those people go into debt to earn their degree, you can bet that those same people will work their butts off just like they did before and during school.
Is it coincidence that both health care and education skyrocketed at the same time we had the amnesty? Supply and demand? If you allow over a million uneducated poverty level people citizenship how does it really effect the economy? If you are giving health care to that many more people the prices will rise due to shortages of Dr's and facilities...when the government is involved the prices go higher due to the bureaucracy. And when you add that many unskilled laborers the low end wages go down forcing more people to get an education to live above poverty level. The cost of education rises and quality suffers. We're about to do it again...hang on.
Is it coincidence that both health care and education skyrocketed at the same time we had the amnesty? Supply and demand? If you allow over a million uneducated poverty level people citizenship how does it really effect the economy? If you are giving health care to that many more people the prices will rise due to shortages of Dr's and facilities...when the government is involved the prices go higher due to the bureaucracy. And when you add that many unskilled laborers the low end wages go down forcing more people to get an education to live above poverty level. The cost of education rises and quality suffers. We're about to do it again...hang on.
The main fallacy there is that education no longer ensures employment.
I would love to experience the college life, kinda like how i felt in middle school about the high school experience which I can say it is not what I imagined it would be. Anyways I really don't see the need to pay the average amount for a "higher" education.
Honestly, the only reason for degrees and diploma(s) is for credentials and money. The higher the degrees the more money you make and the better the credentials. I know extremely intelligent and sophisticated people who has no college education... If it wasn't for the capitalist-imperialistic society we live in the need for credentials wouldn't really be there, if not at all.
The cost of everything has gone up. It's called inflation.
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