defund the online and ancillary colleges yesterday.
Schools like UW can fuck around with weird programs because they also have top notch medical, computer science, reputable business school, great law school, etc. Kids can't make the grade in engineering there and transfer elsewhere and thrive. There's still real world practicality on that campus, even if a lot of the teachers and admins are nuts.
The online and ancillary schools just have nothing but shit, and are still able to charge a boatload to contribute to this problem.
Online schools specifically are an absolute sham. I worked for one. The people who run those are con artists of the highest caliber.
I think colleges should completely do away with the bullshit general electives and such and get everyone in and out in 2 years.
The only purpose of that shit is to employ people who are otherwise unemployable and then to train more of those people. It's a cycle.
If you don't get paid for it, it's a hobby. Welcome to 2020. You can learn any hobby for free on tbe internet.
Or choose another path like doing well in school and earning a scholarship or going to one of the service academies. Relative went service academy did very well there and is going onto training for advanced fighters. A number of guys I worked with went part time and earned degrees including masters and a couple PhD's Many ways to skin the cat without destroying your life. Going four years to party and getting a degree that is worthless is a recipe for misery.
If you really wanted to do something about the high cost of college you'd be calling for the complete elimination of a Federally backed student loan program. Weird how leftists never make the connection between the two.
If you really wanted to do something about the high cost of college you'd be calling for the complete elimination of a Federally backed student loan program. Weird how leftists never make the connection between the two.
Keeping the loans and having the taxpayers forgive them is an end run to taxpayers paying for college in the first place which is the goal
My issue with it is that this doesn't solve anything without first putting in policies that make it clear that all of this was a bad mistake
It seems to be conspicuously missing. No one is saying if you need relief it's because you clearly did a bad thing. Its more like "you did right but the world is evil"
Part of it is that for 2 generations now people have been brainwashed that if they go to a "good school" (no matter the debt, major etc) then they are entitled to a good job and life. The colleges, teachers, and people's own shitty parents (biggest culprit) are the enablers
That needs to end too.
Partially agree.
If you go to a "good school", and use that education to go make money, honestly, six figures of debt is nothing that early in life.
I speak from experience. I didn't go to LS at UPenn, at a time when tuition was about $20K a year, and they had given me $10k/year in free money. In the early 90s, I was afraid of, let's call it, $60k of debt. So I stayed here and graduated with zero debt. In the intervening time, I've pissed away $60k a few times on non-sense. I should have gone to Penn.
The other thing to remember is that the "good school" often allows you to study what is of actual intellectual interest to you. A friend's daughter was just profiled in one of those Sillicon Valley "Under 30 rising stars". Dartmouth AB History.
Or choose another path like doing well in school and earning a scholarship or going to one of the service academies. Relative went service academy did very well there and is going onto training for advanced fighters. A number of guys I worked with went part time and earned degrees including masters and a couple PhD's Many ways to skin the cat without destroying your life. Going four years to party and getting a degree that is worthless is a recipe for misery.
If you really wanted to do something about the high cost of college you'd be calling for the complete elimination of a Federally backed student loan program. Weird how leftists never make the connection between the two.
Agree. It would immediately get rid of the bloated admin. costs these schools have. Christ Title IX alone is an entire department of people. Vice Chancellor of diversity, Dean of Fairness, Head of the Safe Space committee. They are bloated from an overhead standpoint. Make them compete in a free market sans the externality of gov't. subsidy and watch that level of management vanish and tuition come down.
My issue with it is that this doesn't solve anything without first putting in policies that make it clear that all of this was a bad mistake
It seems to be conspicuously missing. No one is saying if you need relief it's because you clearly did a bad thing. Its more like "you did right but the world is evil"
Part of it is that for 2 generations now people have been brainwashed that if they go to a "good school" (no matter the debt, major etc) then they are entitled to a good job and life. The colleges, teachers, and people's own shitty parents (biggest culprit) are the enablers
That needs to end too.
Partially agree.
If you go to a "good school", and use that education to go make money, honestly, six figures of debt is nothing that early in life.
I speak from experience. I didn't go to LS at UPenn, at a time when tuition was about $20K a year, and they had given me $10k/year in free money. In the early 90s, I was afraid of, let's call it, $60k of debt. So I stayed here and graduated with zero debt. In the intervening time, I've pissed away $60k a few times on non-sense. I should have gone to Penn.
The other thing to remember is that the "good school" often allows you to study what is of actual intellectual interest to you. A friend's daughter was just profiled in one of those Sillicon Valley "Under 30 rising stars". Dartmouth AB History.
Intellectual interest as a 20 year old is fucking stupid though. Get in and get the fuck out.
My issue with it is that this doesn't solve anything without first putting in policies that make it clear that all of this was a bad mistake
It seems to be conspicuously missing. No one is saying if you need relief it's because you clearly did a bad thing. Its more like "you did right but the world is evil"
Part of it is that for 2 generations now people have been brainwashed that if they go to a "good school" (no matter the debt, major etc) then they are entitled to a good job and life. The colleges, teachers, and people's own shitty parents (biggest culprit) are the enablers
That needs to end too.
Partially agree.
If you go to a "good school", and use that education to go make money, honestly, six figures of debt is nothing that early in life.
I speak from experience. I didn't go to LS at UPenn, at a time when tuition was about $20K a year, and they had given me $10k/year in free money. In the early 90s, I was afraid of, let's call it, $60k of debt. So I stayed here and graduated with zero debt. In the intervening time, I've pissed away $60k a few times on non-sense. I should have gone to Penn.
The other thing to remember is that the "good school" often allows you to study what is of actual intellectual interest to you. A friend's daughter was just profiled in one of those Sillicon Valley "Under 30 rising stars". Dartmouth AB History.
Intellectual interest as a 20 year old is fucking stupid though.
My issue with it is that this doesn't solve anything without first putting in policies that make it clear that all of this was a bad mistake
It seems to be conspicuously missing. No one is saying if you need relief it's because you clearly did a bad thing. Its more like "you did right but the world is evil"
Part of it is that for 2 generations now people have been brainwashed that if they go to a "good school" (no matter the debt, major etc) then they are entitled to a good job and life. The colleges, teachers, and people's own shitty parents (biggest culprit) are the enablers
That needs to end too.
Partially agree.
If you go to a "good school", and use that education to go make money, honestly, six figures of debt is nothing that early in life.
I speak from experience. I didn't go to LS at UPenn, at a time when tuition was about $20K a year, and they had given me $10k/year in free money. In the early 90s, I was afraid of, let's call it, $60k of debt. So I stayed here and graduated with zero debt. In the intervening time, I've pissed away $60k a few times on non-sense. I should have gone to Penn.
The other thing to remember is that the "good school" often allows you to study what is of actual intellectual interest to you. A friend's daughter was just profiled in one of those Sillicon Valley "Under 30 rising stars". Dartmouth AB History.
Intellectual interest as a 20 year old is fucking stupid though. Get in and get the fuck out.
Sort of agree. But I have no desire to pay for a 20 year olds intellectual interest. Let the banks back in to fund student loans along with allowing for bankruptcy. There goes at least half the current student loans. Banks will finance an engineer or CPA. Won't touch an ethnic studies major.
Though he’s now a millionaire thanks to book sales and speaking fees, Biden has long positioned himself as the champion of the middle class, a scrappy kid from Scranton who’s fought the good fight for decades. His adopted home state is part of that identity too—an unglamorous enclave of scrapple and toll roads, the Acela Corridor’s own Flyover Country. But as he pursues his third and likely final quest for the Democratic presidential nomination, his record haunts him, because the interests of Delaware are often at extreme odds with everyone else’s.
Biden did not create this system, but he used his influence to strengthen and protect it. He cast key votes that deregulated the banking industry, made it harder for individuals to escape their credit card debts and student loans, and protected his state’s status as a corporate bankruptcy hub.
Biden’s career in the Senate placed him on the wrong side of some of the biggest financial fights of his generation and brought him into conflict with some of the same rivals he faces today. If you want to understand how Biden became Biden, you have to understand how Delaware became Delaware.
When the economy sagged in the late 1970s, the cash-strapped state began looking for ways to supplement its income. In 1981, it passed a new law, written by banking lobbyists and backed by DuPont, with the hopes of becoming, in the words of the governor who signed it (a du Pont, naturally), “the Luxembourg of the United States.” While other states were setting caps on usury rates, Delaware told banks they could charge whatever they wanted in annual interest and late fees; the banks could also foreclose on debtors’ homes if they fell behind on payments. The state even cut corporate taxes.
The result was a corporate gold rush. A dozen companies, including JP Morgan and Chase Manhattan (now JP Morgan Chase), opened offices in Delaware in the first year alone. By the late ’90s, four of the five largest credit card firms in the country had set up in Wilmington, and the industry employed at least 35,000 people. The Company State had pulled off a lucrative turnaround.
Throughout the 1980s and ’90s, as Biden settled into a comfortable incumbency, banks sought to make the rest of the country work more like their mid-Atlantic refuge—to embrace the least possible amount of regulation so they could grow as big as they wanted. Delaware, for instance, had a loophole allowing banks to sell insurance. Now the banks wanted to do that everywhere. Delaware’s laws made it easy for credit card companies to do business in any states they pleased. Financial firms wanted regular deposit banks to have that ability too.
Biden supported a baby-step deregulatory effort in the early 1980s, and then, in 1994, he backed a very big one: the Riegle-Neal Interstate Banking and Branching Efficiency Act, which eliminated the remaining barriers to where banks could operate. The law passed with overwhelming bipartisan support and was fairly innocuous in some respects, codifying changes that were already happening at the state level. But it opened the floodgates to an era of corporate consolidation. Delaware’s financial institutions got another big boost in 1999, when Biden voted for the Financial Services Modernization Act, which repealed the Depression-era Glass-Steagall law barring banks from owning securities and insurance businesses. By 2016, there were almost 5,000 fewer banks in the United States than there were two decades earlier, and the 10 largest firms controlled half of all banking assets.
Comments
The only purpose of that shit is to employ people who are otherwise unemployable and then to train more of those people. It's a cycle.
If you don't get paid for it, it's a hobby. Welcome to 2020. You can learn any hobby for free on tbe internet.
If you go to a "good school", and use that education to go make money, honestly, six figures of debt is nothing that early in life.
I speak from experience. I didn't go to LS at UPenn, at a time when tuition was about $20K a year, and they had given me $10k/year in free money. In the early 90s, I was afraid of, let's call it, $60k of debt. So I stayed here and graduated with zero debt. In the intervening time, I've pissed away $60k a few times on non-sense. I should have gone to Penn.
The other thing to remember is that the "good school" often allows you to study what is of actual intellectual interest to you. A friend's daughter was just profiled in one of those Sillicon Valley "Under 30 rising stars". Dartmouth AB History.
https://motherjones.com/politics/2019/11/biden-bankruptcy-president/
Though he’s now a millionaire thanks to book sales and speaking fees, Biden has long positioned himself as the champion of the middle class, a scrappy kid from Scranton who’s fought the good fight for decades. His adopted home state is part of that identity too—an unglamorous enclave of scrapple and toll roads, the Acela Corridor’s own Flyover Country. But as he pursues his third and likely final quest for the Democratic presidential nomination, his record haunts him, because the interests of Delaware are often at extreme odds with everyone else’s.
Biden did not create this system, but he used his influence to strengthen and protect it. He cast key votes that deregulated the banking industry, made it harder for individuals to escape their credit card debts and student loans, and protected his state’s status as a corporate bankruptcy hub.
Biden’s career in the Senate placed him on the wrong side of some of the biggest financial fights of his generation and brought him into conflict with some of the same rivals he faces today. If you want to understand how Biden became Biden, you have to understand how Delaware became Delaware.
When the economy sagged in the late 1970s, the cash-strapped state began looking for ways to supplement its income. In 1981, it passed a new law, written by banking lobbyists and backed by DuPont, with the hopes of becoming, in the words of the governor who signed it (a du Pont, naturally), “the Luxembourg of the United States.” While other states were setting caps on usury rates, Delaware told banks they could charge whatever they wanted in annual interest and late fees; the banks could also foreclose on debtors’ homes if they fell behind on payments. The state even cut corporate taxes.
The result was a corporate gold rush. A dozen companies, including JP Morgan and Chase Manhattan (now JP Morgan Chase), opened offices in Delaware in the first year alone. By the late ’90s, four of the five largest credit card firms in the country had set up in Wilmington, and the industry employed at least 35,000 people. The Company State had pulled off a lucrative turnaround.
Throughout the 1980s and ’90s, as Biden settled into a comfortable incumbency, banks sought to make the rest of the country work more like their mid-Atlantic refuge—to embrace the least possible amount of regulation so they could grow as big as they wanted. Delaware, for instance, had a loophole allowing banks to sell insurance. Now the banks wanted to do that everywhere. Delaware’s laws made it easy for credit card companies to do business in any states they pleased. Financial firms wanted regular deposit banks to have that ability too.
Biden supported a baby-step deregulatory effort in the early 1980s, and then, in 1994, he backed a very big one: the Riegle-Neal Interstate Banking and Branching Efficiency Act, which eliminated the remaining barriers to where banks could operate. The law passed with overwhelming bipartisan support and was fairly innocuous in some respects, codifying changes that were already happening at the state level. But it opened the floodgates to an era of corporate consolidation. Delaware’s financial institutions got another big boost in 1999, when Biden voted for the Financial Services Modernization Act, which repealed the Depression-era Glass-Steagall law barring banks from owning securities and insurance businesses. By 2016, there were almost 5,000 fewer banks in the United States than there were two decades earlier, and the 10 largest firms controlled half of all banking assets.