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2008-10-02 Home Front Economy

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Posted by Zhang Fei 2008-10-02 12:00|| E-Mail|| Front Page|| [11128 views ] Top

#1 Just a few thoughts.....

Next excuse for the college tuition hikes will be their employee benefits. You wouldn't believe how underfunded a lot of public pension funds are, and there's a bunch of employees very close to retirement right now. It will not be pretty ten years from now.

Also, 19k in student loans at graduation seems low to me. I know several that are close to 100k, and these loans can't be discharged in bankruptcy like virtually every other debt. There's all kinds of cute ways for them to raise the debt level after graduation, too (forbearance, variable rate changes, etc.)

Posted by Cornsilk Blondie 2008-10-02 12:35|| 2008-10-02 12:35|| Front Page Top

#2 Really ?? Do you ever check prof's salaries ? How about coaches ? These are both way out of line. Prof's (some) are among the brightest, but they are far overpaid. If they want money, let them quit their cushy jobs and become entrepenurial. Big risks, big returns. On a salary, way too much. Coaches are among the dumbest(most) and don't deserve anywhere near the bucks being paid. No McDonald's I know of is in that pay range. And, most of them would be there, were they not on university pay.

Posted by Woozle Elmeter 2700 2008-10-02 12:35|| 2008-10-02 12:35|| Front Page Top

#3 One other effect - more students working their way through school. Via internet, or alternating semesters, or part-time, or .... you get the picture. Once the kids get out of their insulated bubble of pampered princes and princesses and decide to take 'real' jobs and do 'real' work for competitive prices we should see them take the places in the work force of some of the aging boomers and of the illegal immigrants - but first somebody has to pop their bubbles. My father cleaned septic tanks in college, I made boxes at a perfume factory, my kids did nothing or tutored athletes.

Posted by Glenmore 2008-10-02 13:14|| 2008-10-02 13:14|| Front Page Top

#4 I wouldn't say "tuition", I would say "college education" is the next bubble to pop. This is because only a percentage of degrees actually contribute to student success later in life. The rest are fluff, that actually wastes four of their most productive years.

Posted by Anonymoose 2008-10-02 13:48|| 2008-10-02 13:48|| Front Page Top

#5 Why do people have to go to high-priced colleges to get the imformation and skills needed for a good job? People can and should go off shore for quality education. India can give you a great education at a great price. Another way to endrun the financial beaing you get from mortar and brick schools is on line schooling. As long as the system loans the money, people will make stupid choices.

Posted by Richard of Oregon 2008-10-02 15:02|| 2008-10-02 15:02|| Front Page Top

#6 Yeah, you wanna major in psychology? Sociology? English lit? Political science? Journalism? Liberal Arts in general? A complete waste of time. Another waste is the duplication of curriculum between the last two years of high school and the first two years of college. It simply takes too long to get educated. If you go to college right out of high school and do it in four years (rare these days) you'll be 22 before you're able to start looking for a real job...if you're lucky and don't have to go back for some kind of specialty or because you chose a worthless major. If you go into the military first you'll be what? 25? 26? 30? Yikes! Sorry folks. But I was bored as hell with school until I got into the upper division and started learning things that I didn't already know and would be useful for actually earning a living when I finally graduated. But you're right about the community colleges. If you're gonna waste two years you might as well do it some place that isn't gonna break your parents.

Posted by Ebbang Uluque6305 2008-10-02 15:06|| 2008-10-02 15:06|| Front Page Top

#7 Or you find the little hidden schools that the corps try to avoid advertising so they can keep a lock on grads.

I go to Tennessee Technological University, tuition is about $2800/semester. It's a science heavy engineering school, and I have never heard of one of our engineering graduates having trouble finding a job. Heck, our profs get requests for 50% more grads than we have in my program.

It's a small school, less than 10,000 students in a town of 35,000. But it'll shove a good education in your head that will get you a job with a minimal amount of liberal insanity. Heck, they still play Christmas music in the Student Center during the holidays.

And while we may not have a big huge artillery piece for our Football games like Texas A&M or University of Texas, we do have a neat little 3 pounder that was actually used during the civil war that they fire off when we score.

Posted by Silentbrick">Silentbrick 2008-10-02 17:23|| 2008-10-02 17:23|| Front Page Top

#8 Our college graduates are in high demand. Many of them are "supersizing" meals even as we speak!

Posted by flash91 2008-10-02 19:29|| 2008-10-02 19:29|| Front Page Top

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