There are a lot of poorer quality, high priced schools. Off the top of my head I can think of Stetson College which is nearly $70,000 a year and isn’t a good school. Colorado College is over 70K Chapman College has to be 80K by now Pepperdine was really expensive when I was looking at schools SMU is another.
Man out of state tuition is so crazy. And Duke is a private school too. Out of state tuition would be interesting thing to try and regulate. But getting rid of it would complicate situations for people who live in the state already as that incentivizes locals to attend the schools within the state. Not to mention the foreign students that pay so much tuition for the out of state requirement. Although foreign students at this point are just paying for online degrees since they're allowed remote classes. I'm beginning to see less and less foreign students now too because they don't think the out of state tuition is worth it.
Oh man, I'm a bit out of the loop currently but there were so many ridiculously expensive schools, expensive to the point of nonsense, schools, back in the day.
It's income based. It's in the proposal. "Rich kids" don't get it. Many decent to mediocre private schools are worse than good public schools. Would you rather have a engineering degree from UT or SMU?
People don't realize how many really good to prestigious public universities there are. UT Austin has one of the best engineering programs in the nation private or public. Hell Texas A&M is a great engineering school.
Absolutely... University of Illinois, University of Michigan, University of Wisconsin... TAMU, UT... some of the schools in California.
You made a great point. Just looking at the schools you listed, though, seems there's a market for these shitty schools. Whether it is some specific majors, regional rankings, or the need-based scholarships, they're still somehow competitive. I have no problems with these schools getting canned by the private sector.
Student debt isn't the cause, it's the symptom. The issue is colleges/universities charging ridiculous prices. Prices keep rising year by year, but the quality of education stays the same.
This is a no-brainer as I've graduated from UT. I can't speak for other people. And that's the problem.
Those who pay a lot of money tend to do so because you get connections at a better university, or you get more access to opportunities because of name value this hurts those who couldn't afford so went to a cheaper uni with worse connections ... or a place with a free ride... where they wouldn't have received these advantages. I am fine with making public universities cheaper and excusing some debt, but not private.
Why do schools need all this money. Private universities have huge endowments. Whats up with trade schools. I looked at getting an lvn licence. Its not much but $5,000 gor six months of training to learn to inject a needle. Its all so ridiculous
There is something inherently wrong with this reasoning or justification for private schools. Its not unfair but this reasoning does help create a class system
You could never buy a house straight out of school .... unless you were earning very good money. Many of the people in my grandparents generation who bought homes did so after returning from WWII or Korea with a pile of money saved up cause they couldn't spend it fighting a war. Same could be said of my parents generation returning home from Vietnam .... those that survived these wars that is. This is what built the suburbs in America. My parents generation .... they couldn't buy a house right out of school either , back in that time period lenders wanted substantial down payments up front. A much larger percentage than today. Lets not forget about government subsidized loans - Fannie & Freddie and how they helped wreck the industry not too many years ago with so many people defaulting - Many never had any business getting those loans to begin with. Another issue is the cost of a home has skyrocketed .... my home value has increased 127% in the 17 years I've been in this house. That's crazy .... but as I've said before , there's two things you can't make more of - Time and Land. And our population has increased significantly over that period putting greater pressure on those finite resources. The difference is that those earlier generations could save a few bucks here and there to reach those goals ..... Today money is hard to save and if you ask me the biggest problem there is credit / debt. Who doesn't have a credit card with a load of debt on it for .... **** we just have to have right now but don't really need ? In the time period I bought my first house in the early 90's, interest rates were crazy high going as high as 15% and you didn't have fixed rate mortgages either , compare that to 2-4% rates today. We spent over half our annual income on mortgage payments. But we didn't have so much financial pressure on us for "daily living". We didn't have cell phones , streaming services , $5 coffee's and the horde of crap we pay for today that's really unnecessary.
I suppose government backed student loans could be erased with an executive order ..... but those that are privately held are a totally different story. He can't erase those and he can't "pay them" without the House passing a spending measure tho that doesn't seem to be much of a hill to climb with a Dem House.
I agree with everything in this post except the value of real estate in recent years. Houston real estate has skyrocketed because of continued population growth other places should not be seeing huge real estate price increases because population growth is steady and the economy pre covid stable, not too hot or cold
I sincerely hope you watch this video from start to finish. 1. Don't assume things from watching the first few minutes of the video. He goes beyond minimum wage and applies a wage that 44% of Americans rely on. 2. He dies a RELATIVE comparison between past generations and the current one with adjusted numbers. Another problem with your rhetoric. You definitely lean conservative and prefer conservative policies. Yet any economic gains the GOP brags about are almost entirely based in consumer debt just like Bush Jr's economy and Trump's economy. So you acknowledge the consumer debt problem in America but don't acknowledge which party allowed for it more. Which party wants to deergulate banks and make it easier for the American public to fall in debt?
Just about every major metro area has seen large increases in real estate prices .... Yes , population increases are part of the problem , as I said above two things you can't make more of - Time and Land. More people = more pressure.
Totally irrelevant to what I was explaining - home buying across multiple generations. You just want to argue about D's and R's .... No **** people can't live on min wage - It was never meant to be a living wage.
