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As long as the government makes sure loans—no matter how expensive—will be available to just about any student, exactly what incentive do colleges have to lower tuition prices?
As long as the government makes sure loans—no matter how expensive—will be available to just about any student, exactly what incentive do colleges have to lower tuition prices?
Government needs to back off of its rediculous lending policies. The College markets need to start using prudence.
Sure, then we can go back to an era where only rich white kids went to college for most of US history it's not going to make college as affordable as you think it would be. The minimum wage has nowhere near the buying power like the minimum wage did in the LBJ era, where the minimum wage was around $10 per hour adjusted for inflation
Quote:
Originally Posted by s1alker
Smart students go to community college for 2 years and then transfer out. Lots of $$$ saved.
Sure, then we can go back to an era where only rich white kids went to college for most of US history it's not going to make college as affordable as you think it would be. The minimum wage has nowhere near the buying power like the minimum wage did in the LBJ era, where the minimum wage was around $10 per hour adjusted for inflation
Although I admit in some cases the "brand name" of college can help.
If you're going for a bachelor's degree or higher, it doesn't matter where you started. The only thing that matters is who granted the final degree to you
Smart students go to community college for 2 years and then transfer out. Lots of $$$ saved.
My son is doing just that. Same classes (Texas has a common CC-Univ course system for the lower level college courses). He'll end up having to take 1 or 2 additional electives in his major that are not offered at the CC when he transfers. He's got several friends in school doing the same.
Sure, then we can go back to an era where only rich white kids went to college for most of US history it's not going to make college as affordable as you think it would be. The minimum wage has nowhere near the buying power like the minimum wage did in the LBJ era, where the minimum wage was around $10 per hour adjusted for inflation
That is extrapolating to the worst case scenerio which is probably not even a plausible scenerio.
So you like the scenerio we have now. Students with loan payments as large as mortgages?
If you're going for a bachelor's degree or higher, it doesn't matter where you started. The only thing that matters is who granted the final degree to you
That's right. When you go to the job interview they ask where you graduated from and what degree.
The further details will show the 2 year CC but they don't ask for copies of that degree..they want the 4 year degree.
That is extrapolating to the worst case scenerio which is probably not even a plausible scenerio.
So you like the scenerio we have now. Students with loan payments as large as mortgages?
I have 2 nieces that went to private out of state colleges.
They have loans $80-100K and neither are working in their field of study.
Neither can afford a new car or a home for many years to come.
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it's not going to make college as affordable as you think it would be. The minimum wage has nowhere near the buying power like the minimum wage did in the LBJ era, where the minimum wage was around $10 per hour adjusted for inflation
