Comments on: College costs soar, and wages cover less of tab
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- Unless things change in this country where young folks can work summer jobs, they will be wandering around and may be getting into trouble, that's my guess as a father who knows what unoccupied kids do in the hot sun. They by design cannot make appreciable contributions to college expenses because if they are average students, it's over $100,000 total and up. Guess what, the parents don't have it either in this recession with everything going up and with the fear of losing their own jobs. The parents have mortgages and debts themselves. The catch 22 is that that if we do not do our due diligence at the polls in 2012, even if the kid gets into college, he will face the same job market when he graduates.It really could wind up a circle of disappointment.
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- Students need to be cautious about just how much money they earn while working because when they file for financial aid the federal methodology looks at student earnings and if they earn too much money it might actually hurt them. Off the top of my head I think they can earn around $5,000 before the federal formula starts hitting them and increasing their EFC. The federal formula hits parent income much harder, but it does take into account student earnings as well.
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- It is just a waste to educate the peasants,maids, poolboys,security guards,car washers& lawnmen,do not need even a 3rd grade education-in the new feudalism,it is nice to pretend the children of the elite are not bugger eating morons,who will be in charge of all...
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- but we still import over a million workers to do our jobs,and these are legal immigrants,god only knows how many illegals are in our country.
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- It's simple if you do the math:
Minimum wage has less purchasing power than it did in 1980. It has not kept up with inflation.
Government support for education has declined both in absolute terms and relative to the population (dollars per person).
So, the money's gotta come from somewhere, and tuition is the only viable place.
Yes, there is a group of administrators with bloated salaries. Overall, though, public education gets by with very little. The price of a couple days of war would make a huge impact on public university budgets. - Reply to this comment
- which degree you end up getting is also important, some degrees will not get you a good paying job, for example a nursing or engineering degree is very lucrative while a psychology or history degree not so much
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- A college education is becoming a "necessary luxury" these days...
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- Public education has doubled in ten years??? Greedy bas*ards. And you thought the oil and insurance companies were bad. Education is a "right". Why is the government charging so much for it?? Why can't they have some "skin in the game" also? They need to reduce their profit. Its government, they should not be allowed to make that much profit.
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- Obama stopped the ACG and SMART grants.
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