We are fucked in the state of Washington...
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Because in 2008 we(?) told the nation that everyone should go to a 4 year university and if you didn’t you were going to be a loser.
So universities looked at that and said well shit if the Fed is gonna back 100% of the loan and we are on the hook for nothing, let’s get as many art history majors as we possibly can and jack tuition through the roof which we can use to fund building projects or just dump into our PE-managed endowments and watch the money stack up.
There was a time when if the president of UW or Oregon wanted a new building on campus he had to dial for dollars. They still do that but now they use tuition funding to erect their favorite projects, and they can because there is an endless stream of willing participants on the other side, all propped up by the state and federal governments with their billions and trillions of dollars in debt, respectively.We don’t know how to fix a leaky sink or hang a door these days but we sure as fuck can rip a caramel macchiato with those women’s studies degrees. The most predictable outcome in the history of the world were those now-28 year old baristas and uber drivers demanding that their debt be forgiven. If we’d done that how do you think universities would have e responded with tuition adjustments?
I can fucking promise you they would t have gone down, “Mildred”….
How about special federal grants for US Citizens and a massive tax on student visas, while we’re at it. How about a cap on tuition as a percentage of the institution’s per capita endowment? How about state/federal matching for critical skills degrees and apprenticeships? How rules governing how tuition dollars are spent within public universities?
Let the privates do what they want but I don’t really want my tax money being spent on monuments to college admins, via tuition loans or direct tax funding. That money should land with the professors and the students, just like it SHOULD at the K-12 level.
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Same reason people get into credit card debt. "I'll worry about the loan tomorrow."
As a country we've had this attitude that the more who went to college, the better. It's been over encouraged. It never made sense to me and now we have baristas with gender studies degrees when what we really need are plumbers, carpenters, and electricians. I can still remember when Industrial Arts was a required part of coursework in Seattle Public Schools—which I resented at the time by the way, but now see some value in.
This is where government could get involved to incentivize things we do want and disincentivize things we don't need. That used to be mainstream thought in this country, or "uniparty" thinking as you gals call it.
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You are close to the right answer, but deliberately ignoring the part where government brought all this on. If you had to get underwritten for a loan, and the underwriter was on the hook if they never got paid back, the underwriter would charge +20% for a women’s studies degree loan and less than 10% for an engineering degree loan. That is 100% the problem with college, it gets to ignore all market forces because of government.
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I not denying government played a role in all this. Saying that the entire explanation is overselling on your part, but yes, it played a part.
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The free market couldn’t have allowed this to occur. It may have tried in some instances, but ultimately it would have failed decades ago. So yes, government is 100% responsible for this problem.
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The "free market" for admission to spots in state research universities? Your argument is fraught with difficulties.
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I’m talking about the free market on what a loan should costs based on likelihood of repayment. There’s nothing hard to understand there, for some.
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So what’s good for Chase, or Wells Fargo, or BOA is good for America.
Should we just privatize all universities too?
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I’m in favor of them getting a return on the money they have lent out, assuming that they are on the hook for the failures. Them charging a vig with zero underwriting and zero risk where they are purely incentivized on volume I’m against. Same with the colleges. You’re getting buried here fyi.
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Jesus
Mr Honest
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You girls are never shy about declaring victory when you start to sense your arguments are running into trouble.
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I missed the trouble part.
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Yeah and just leave all my family that lives here. Another lib with practical solutions to common problems. Fuck off.
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”Sorry that we are fucking you but we need more money because we ran out of the money you gave us last time.”
HH nods in silent agreement and is glad he isn’t 30 years old trying to buy a home and start a family, let alone an SBO just now recovering from COVID.
“Washington has open borders, ma’am!”
Fucking chucklehead
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Why does Columbia need 400 million tax dollars every year and how does that indicate a lack of funding?
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They should get ZERO funding. They are private enterprises. Many have endowments that are YUGE! How can the college be that expensive when the government is giving them such a substantial sum.
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I think the average Gen Z male that is aiming to have a decent salary, a wife that doesn't have to work, at least 2 kids and a starter house is in big trouble in this state. From both policy and soft culture. And even with the shit that millennials had to deal with, there was enough of a path 15 years ago if they weren't a fuckhead.
My starter house in 2012 was a 140k bank repo that required some labor but could be paid off with even a shit salary (which I had at the time).
Now look at what Gen Z is dealing with. Oh awesome both people work and they got their starter home and pay an additional 2-3k for daycare, now let's go ahead and raise taxes or annex the area they live into a bigger city run by money grubbers.
It's totally corrupt and rotten in this state when it comes to producing future productive people here.
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Olympia doesn’t really want productive people. Those are the entrepreneurs and the upper middle class. They want large corps and wage slavers. That’s the model for employment stability and tax base captivity.
The state house doesn’t give a fuck If you’re originally from Redmond or Mumbai. Mid to High earning wage workers that will pay their taxes without complaining is what they want, but they’d prefer overseas work, provided that they stay here.
Believe me when I say that they’d rather do business with a handful of large corps as opposed to herding cats on 10,000 small businesses and having to cater to the native born 500k-1.5MM a year crowd who actually give a shit about their performance re: public ed and crime. -
That went about as expected for H.
Oh well, I’m sure it is a big “trial” and all.
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HH is long on snark and short on substance, gals.
AOG just seems like kind of a pussy if I’m being honest.
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Really want to go sit in on this trial. Must have been some car accident.
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I left in 2006.
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It's the government unions and "non-profits" who don't want the grift to stop. Bob Ferguson wants to cut spending because he wants to either wants a second term or to run for Federal office but Big Government Dems look at every union worker laid off as eroding their donations and voter base's impact.
If we really want to fix things, we would decertify the unions but that would be a tough mountain to climb because they will fight so hard.
The second best thing would be to tax union dues.
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Bob has no interest in cutting spending. He’s trying to separate himself from crazies. Tax increases are the last resort in the marketing materials. He’s just as crazy as all of them.
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He may because he probably can't tax his way out of the mess Dimslee left without risking his political future.
I concede that part of it is hope on my part.
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At least you admit it is hope. Bob has fought hard as attorney general to allow all sorts of new taxes to go in. I prefer to look at his record.
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Guys they are coming after literally everything.
Imagine taxing people on using fucking storage units. I mean it never fucking ends with these people.
They’re complete and total parasites.
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There’s a golf tax too. Can’t let a round go by without a beak wetting.
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To anyone still living there: Get Out!
Let the hh's of the world make up for your disappearing taxes. Then fight like hell opposing a Fed bail out when these socialist hells go bankrupt.
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When communists run your state they do communist things. When it all collapses on itself they'll blame the few conservatives left.
