One Trillion U.S. $$$$ in Student Loans Outstanding
One Trillion U.S. $$$$ in Student Loans Outstanding
100 Billion U.S. $$$$ last year. Too bad all of that money is not spent on just books and tuition. Will this vast expenditure result in a really better educated and enlightened citizenry?
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fuzzywuzzy
- Posts: 6596
- Joined: Mon Feb 02, 2009 5:35 pm
One Trillion U.S. $$$$ in Student Loans Outstanding
what's it spent on?
One Trillion U.S. $$$$ in Student Loans Outstanding
fuzzywuzzy;1373015 wrote: what's it spent on?
Students get the money and spend it any way they want.
Students get the money and spend it any way they want.
One Trillion U.S. $$$$ in Student Loans Outstanding
Lon;1373034 wrote: Students get the money and spend it any way they want.
I don't know about the States but over here it pays for the tuition fees and the living expenses of the students - £9,000 pa in tuition fees is far too much for a student straight out of school to afford and they have to pay board and lodging unless they're sponging off Mum and Dad.
The nett effect of charging the students rather than investing in the countries future is that tertiary education is move back to where it was a hundred years ago - the preserve of the children of the wealthy.
If you want a better educated and enlightened citizenry then go back to free education based on merit.
I don't know about the States but over here it pays for the tuition fees and the living expenses of the students - £9,000 pa in tuition fees is far too much for a student straight out of school to afford and they have to pay board and lodging unless they're sponging off Mum and Dad.
The nett effect of charging the students rather than investing in the countries future is that tertiary education is move back to where it was a hundred years ago - the preserve of the children of the wealthy.
If you want a better educated and enlightened citizenry then go back to free education based on merit.
One Trillion U.S. $$$$ in Student Loans Outstanding
We've got a lot of students that live around here. They go to Highline or Green River CC. My wife came back from Jordan 3 weeks ago (her mother beat the cancer and is doing well:yh_dance) and she was volunteering as an aid.
Most of these kids that go to the Highline are deep in debt, they are having serious problems finding jobs and a few have said that they'll stay in school if they can't find a job. I'm willing to bet a lot of these kids are simply going to default on their loans, just walk away. I can't blame them.
Most of these kids that go to the Highline are deep in debt, they are having serious problems finding jobs and a few have said that they'll stay in school if they can't find a job. I'm willing to bet a lot of these kids are simply going to default on their loans, just walk away. I can't blame them.
One Trillion U.S. $$$$ in Student Loans Outstanding
Student text books are outrageously priced. It's criminal. The cost of higher education is my biggest issue in joining the Occupy Movement. Our children deserve the chance to be educated and start their lives without exorbitant debt. It's inhumane to never give them a chance at a good start. My daughter qualifies for grants and scholarships but she's pushed herself so hard and almost got an ulcer. It's shameful. What is our society without educated youth?
One Trillion U.S. $$$$ in Student Loans Outstanding
Ron Paul may not be a front runner or even close in the running for nomination but he sure comes up with things that make a lot of sense. This is one of them.
Ron Paul Would End Federal Student Loan Program (VIDEO)
Ron Paul Would End Federal Student Loan Program (VIDEO)
One Trillion U.S. $$$$ in Student Loans Outstanding
I'm going to HBTI, I want to get back into HVAC as I was doing that a long time ago and in this fine economy we have most other jobs pay you peanuts. It costs me on average $300 A DAY!!!! for the highly specialized classes and seminars. I get no loans, grants or scholarships. It comes right out of my pocket.
What kids are paying for now isn't a lot. I hear from a lot of people that the new techs coming out of the trade schools are not getting any knowledge useful other than the very basics. There's little difference between hiring some kid just out of high school and training him. The quality of the education is severely lacking. All of these for profit institutions are educating people on the cheap for high profits. I really don't think they'll see their money back. Somebody paying 10000 dollars to get a degree to work in a daycare or as a security guard isn't going to be able to pay that loan. Here's an article on it. There was also something on PBS but I can't find it.
The Coming College Education Bubble - Forbes.com
What kids are paying for now isn't a lot. I hear from a lot of people that the new techs coming out of the trade schools are not getting any knowledge useful other than the very basics. There's little difference between hiring some kid just out of high school and training him. The quality of the education is severely lacking. All of these for profit institutions are educating people on the cheap for high profits. I really don't think they'll see their money back. Somebody paying 10000 dollars to get a degree to work in a daycare or as a security guard isn't going to be able to pay that loan. Here's an article on it. There was also something on PBS but I can't find it.
The Coming College Education Bubble - Forbes.com
One Trillion U.S. $$$$ in Student Loans Outstanding
It's weird hearing an american propounding an outdated French political philosophy from an agrarian age that never was that romantic for those on the bottom end of society. It's an unrealistic approach to government that sounds appealing until you think it through. For any capitalist society to succeed you need two things, an educated work force and a healthy one. If you look at those nations that led the way in industrialisation it is the ones where access to education was seen as a right, if you look at those economies that are leading the way now it is those with the best education systems. Access to education is a right they should demand from their leaders it's not a privilege. Education is a end in itself not a means to an end. Adam smith - the father if capitalism lived in a country where primary education was compulsory and that was in 1723, good grief he even advocated educating women.
The thing about a good education system is you end up with a population that is harder to control - they all become bolshie.
The thing about a good education system is you end up with a population that is harder to control - they all become bolshie.
One Trillion U.S. $$$$ in Student Loans Outstanding
Scrat;1373358 wrote: I'm going to HBTI, I want to get back into HVAC as I was doing that a long time ago and in this fine economy we have most other jobs pay you peanuts. It costs me on average $300 A DAY!!!! for the highly specialized classes and seminars. I get no loans, grants or scholarships. It comes right out of my pocket.
What kids are paying for now isn't a lot. I hear from a lot of people that the new techs coming out of the trade schools are not getting any knowledge useful other than the very basics. There's little difference between hiring some kid just out of high school and training him. The quality of the education is severely lacking. All of these for profit institutions are educating people on the cheap for high profits. I really don't think they'll see their money back. Somebody paying 10000 dollars to get a degree to work in a daycare or as a security guard isn't going to be able to pay that loan. Here's an article on it. There was also something on PBS but I can't find it.
The Coming College Education Bubble - Forbes.com
I know a few people who have traveled to India for training, mostly in computing, because they could not get the equivalent here for an affordable cost - they've all found the training to be excellent and the qualifications readily accepted when they applied for jobs.
What kids are paying for now isn't a lot. I hear from a lot of people that the new techs coming out of the trade schools are not getting any knowledge useful other than the very basics. There's little difference between hiring some kid just out of high school and training him. The quality of the education is severely lacking. All of these for profit institutions are educating people on the cheap for high profits. I really don't think they'll see their money back. Somebody paying 10000 dollars to get a degree to work in a daycare or as a security guard isn't going to be able to pay that loan. Here's an article on it. There was also something on PBS but I can't find it.
The Coming College Education Bubble - Forbes.com
I know a few people who have traveled to India for training, mostly in computing, because they could not get the equivalent here for an affordable cost - they've all found the training to be excellent and the qualifications readily accepted when they applied for jobs.