National Debt
- Thread starter BrntOrngStmpeDe
- Start date
The narrative of tax cuts being a major deficit driver is as fake as any conspiracy theory ridiculed by the political and elite classes. It survives only through a total refusal to look at numbers.
I can't believe that there is not more pressure on colleges to keep tuition down. One class that out to be mandatory for every high school kid is economics and one significant part of the class should be a hard look at careers. How much you are likely to make and how it will cost you to get there at various colleges. Maybe then people will start to look a lot harder at ROI and force these college leaders to spend as much time on career economics as they do on social BS.Speaking of debt, Baylor has moved on from the football team raping coeds to raping families financially to attend Baylor:
well at least some in the media have quit trying to pretend the 3.5T package "doesn't cost anything" and some are even calling it what it is....an increase in the social welfare instead of "infrastructure". Even with MSM help those two lines were such blatant spin efforts they eventually got jettisoned.
Seattle Husker
10,000+ Posts
College isn't expensive because kids are taking sociology classes. It's expensive because there is a facilities arms race in colleges trying to wooooo students and staff. The volume of financial aid available to schools ensures that schools don't have to worry about their costs. Additionally, we've convinced a generation of students (and parents) that ALL kids are capable of college level work and the only way to get ahead is a college degree. The Bachelor's degree has become the equivalent of the HS diploma in the workforce so now more kids than ever are sticking around for their masters to get a leg up.
In the end, even with outlandish costs parents know that the average college grad will make >$1M more over their career than the kid without a college degree. So, taking on $50k or $100k isn't a crazy bad investment if that's required.
Seattle Husker
10,000+ Posts
I think we agree that the volume of federal student aid available is an accessory to the problem. Of course, the availability of aid has also been indispensable to our transition from a manufacturing based economy to a knowledge worker economy. Without federal student aid the rest of the world would have caught the US economically long ago.
Monahorns
10,000+ Posts
I am of the thought that education is important but the school industry isn't the same thing. Federal student aid is unnecessary for people to learn and develop new skills. It just makes traditional school a bad investment.
Joe and his liberal cronies are just buying the future for the democratic party now. My daughter has been getting payouts unsolicited since last year. She never asked for or filled anything out and has gotten over $3,000 as a minor and a dependent of mine.
My son who is going to Sam Houston hadn't gotten anything so I told him to go to the finance office to check and they told him to fill out a form which he did. About 10 days later he was notified that $2,200 was deposited in his "alternate account" which he had no idea existed. Come to find out it's a school account assigned to him when he first registered but he never used it. Once he found out he looked at the account and he had over $11,000 in there.
WTF?? This is ridiculous. The govt is just throwing money around not telling anyone and buying votes, incurring more debt, etc. Make the insanity stop!!
My son who is going to Sam Houston hadn't gotten anything so I told him to go to the finance office to check and they told him to fill out a form which he did. About 10 days later he was notified that $2,200 was deposited in his "alternate account" which he had no idea existed. Come to find out it's a school account assigned to him when he first registered but he never used it. Once he found out he looked at the account and he had over $11,000 in there.
WTF?? This is ridiculous. The govt is just throwing money around not telling anyone and buying votes, incurring more debt, etc. Make the insanity stop!!
Democrats have kept blacks on the Welfare drug and voting democratic for over 50 years. Now they're expanding their base by adding the woke of all races to their lists.
Kegger!!!
You want to know why no one can fill open positions? THIS! The first thing my son said is that he wants to quit his job for the semester. I told him to put the money toward his loans and if he quits I'm going to drive out there and stick my foot up his ***.
Invite HornFans, and we will drain that account on kegs before your son has a chance to think about the money.
The older I get the more I come to believe that the "brand" of your education matters primarily during that first 3-5 years after school. Excepting a very few positions in this world, it wouldn't matter if you went to Harvard or SFA. After about 5 years, it is all about the work you do 8-5. My company actually paid to send me to a few Harvard Biz School Exec courses. Total outlay was in excess of $50K. I certainly learned a lot but nothing worth the price tag. We've all been duped on the value of relative brands. Is education worth pursuing...absolutely. Are the quality of education and the price we pay closely correlated...absolutely not.
WINNER!!!
Seattle Husker
10,000+ Posts
It helps land that first job or 2. Graduate from Harvard with that accounting degree and you'll have the big audit firms lining up to bring you on board at ~$100k annually. That same degree from SFA may net you an entry level GL or Payroll accountant role at some small/mediums sized company. The former is like starting on 2B in your career while the latter is essentially a bunt single. After the employees get those roles it's about what they do in the job that decides the next step.
Kegs? Hell, do you know what kind of BBQ blow-out that would get us? Brisket ain't cheap in the current era...
Save for a few isolated positions, the school simply doesn't matter when the requirement is just the four-year degree...and even for those with higher education, pedigree tends not to matter.
Most who go to law school won't be going to the 'elite' firms and trust me when I tell you that the person who needs an attorney NOW doesn't care about pedigree. All that matters is price and results. I know that anyone can look on the SBOT site and see where someone went, but the reality is that I have yet to field a call where the question about work even asked about school appearing in the frame on the wall...
What galls me is the kids whining about student loan debt and who CHOSE to take a major that has no practical application in the real world. They may have a degree, but they lack any real skills to bring to the table and THAT is what serves to limit their employability. It isn't WHERE you went to school that matters for most positions but rather WHAT you learned.
And look where that type of thinking has gotten us.
Monahorns
10,000+ Posts
I am not advocating for it. I am describing it.
Seattle Husker
10,000+ Posts
Liberal Arts majors get a bad rap. There is one company that hired a host of those types back in the early dot com days. Initially they simply wanted really smart people for call centers and hired a host of Masters students on non-Stem majors. As they grew and grew those smart people ended up as idea generators that ended up making a good management team for developers and other business units. The company? Amazon.
First and foremost a college degree shows a future employer perseverance and capability for higher level thinking. Both are necessary in todays corporate culture.
Of course, if you got that history degree you shouldn't expect anything more than an entry level job and an opportunity to excel based on performance.
Almost precisely what I’ve told my kids and grandkids for the past 30+ years. But I’ve become a bit more critical on the chosen institution due to so many with far right tendencies.
Statalyzer
10,000+ Posts
Very, very, very true.
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