So you think it would have been better to make college more affordable when it cost less? Or did you just point that out to avoid answering the question? At least Brewers responded to the question.Quote:
Originally Posted by fingerbang
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So you think it would have been better to make college more affordable when it cost less? Or did you just point that out to avoid answering the question? At least Brewers responded to the question.Quote:
Originally Posted by fingerbang
If you do a little research you'll notice that things like financial aid and government backed loans have allowed colleges to jack tuition to unbelievable levels.
I voted for Romney so I'm cool with this.Quote:
Originally Posted by Brewersfan255
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Good point. Could have bought a brand new Malibu for $2300 dollars too.Quote:
Originally Posted by fingerbang
If only he had dropped a couple hundred dollars back then on an education, he may have learned about inflation.Quote:
Originally Posted by benny01
Quote:
Originally Posted by benny01
http://time.com/4472261/college-cost-history/Quote:
In 1944, when President Franklin Roosevelt signed the G.I. Bill of Rights, he guaranteed that qualifying veterans would receive a free year of college—meaning up to $500 a year. ($6,800 today.) In the years that followed World War II, philanthropic donations to American colleges were up, but so were costs. Tuitions had been raised “to the limit,” TIME noted, in places like the University of Pennsylvania, where students were charged $600 in 1950 (nearly $6,000 today). By 1960, with enrollment surging, even more money was needed, and a major tuition hike was forecast. That year, college costs surveyed by TIME included $2,015 for tuition, room and board, and fees for a year at Bates, and $1,450 for Lewis and Clark. (That’s $16,400 and $11,800 today.)
These days, the average cost for a year at a four-year college ranges from $9,410 for in-state public tuition to $32,410 for private. Neither of those figures include room and board. But, in general and at many specific places, costs are far higher: just looking at a few of the colleges surveyed by TIME over the years, Vassar these days costs $52,320 for a year’s tuition, and Bates is $64,500 for tuition, room and board and fees.
I'm familiar with inflation. Do you know what happens when the government offers an unlimited supply of credit?
I was being cute. They play a lot of games with tuition that are ******. My daughters money from the school decreases with every scholarship she wins. I don’t think it has as much effect as you think though. New 2018 Malibu 21k base model. Same roughly 10x increase.Quote:
Originally Posted by fingerbang
Still being cute or still claiming tuition is the same as it was in 1960(yes adjusted for inflation). Because it aint, lol.Quote:
Originally Posted by benny01
If a cheap new car was $2000 grand in 1960 and tuition was $2000. Then that same model car(biscayne then) is 20k now and tuition at state school is 10k I’d say loans and grants have driven prices down. At least in any math I’ve ever done. Private schools today are misleading because no one actually pays full tuition. My daughters school costs 56000 a year and every kid that goes gets 22000 from the school.Quote:
Originally Posted by fingerbang
Instead of using a specific model car or your daughter you can use actual averages but you won't because they don't support your claim.Quote:
Originally Posted by benny01
I paid out of state and only graduated 8 years ago and tuition has almost doubled already. I can link you an inflation calculator if you'd like.
Since you're giving the economic lesson do me a favor and answer my previous question. What happens when the government provides an unlimited supply of credit?
Sometimes they are witty jokes without any unneeded BS. Boom, jokeQuote:
Originally Posted by flips333
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https://www.businessinsider.com/this...ce-1980-2015-7Quote:
In his op-ed, Alexander neglects to address a major topic in college affordability discussions: ballooning tuition costs. College tuition has seen massive tuition increases in the past 30 years, growing disproportionately to other consumer goods.
The below chart using data from the Bureau of Labor Statistics shows the growth in the price of a college education compared to the Consumer Price Index (CPI) for all consumers.
The average annual increase in college tuition from 1980-2014 grew by nearly 260% compared to the nearly 120% increase in all consumer items.
In 1980, the average cost of tuition, room and board, and fees at a four-year post-secondary institution was $9,438, according to the Department of Education. That number has since climbed to $23,872.
I would expect drastic inflation, which is why I said I was being cute. Reread your citation and realized my numbers were off. I read the prices adjusted for inflation as today’s prices. I was wrong. Still not as high as I would expect, and id be shocked if anyone is giving vassar 60k. My daughter would have paid 22k at vassar. I have the paperwork in front of me.Quote:
Originally Posted by fingerbang
I'm sure your daughter is a wonderful young lady that'd be happy to help dad out with math.Quote:
Originally Posted by benny01
Clearly it’s the reading I need help with. Does anyone actually pay the full tuition at private schools? Everyone I know that went to private school got about a third of the tuition back from the school before grant and and loans. Honest question.Quote:
Originally Posted by fingerbang
Clearly you're no sucker.Quote:
Originally Posted by benny01
Ok.Quote:
Originally Posted by fingerbang
I love how you tried to explain to me how inflation works but it turned out you didn't know what the **** you were talking about so you started humble bragging about your daughter. :laugh: I love PSD.Quote:
Originally Posted by benny01
If that’s what you think what you think that’s cool. I’m genuinely curious. I know a lot of people that have gone to private schools and they never actually paid near what the tuition costs were. Literally every kid that goes to my daughters school gets the “presidential” scholarship. All of the private schools she applied to had a similiar type of scholarship. I’d be happy to just brag(doesn’t need to be humble)about my daughter, but she’s really the only firsthand experience that I have. I was an athlete with kid(s), they found all the money I needed when I went.Quote:
Originally Posted by fingerbang
You’re on the record for supporting internment camps for Americans. “Stupid” ain’t allowed in your vocabulary.Quote:
Originally Posted by Sluggo1
Is there a reason to discuss the cost of private education when someone is talking about public education being tuition free? We already have that for K-12 and if there are those who think their child would be better off they can always access private options. They will be expected to pay for that option the same they would for private college under any free tuition plan for public college.
My quip aside, I actually do agree that prices are out of control. So yes, lets intervene and bring things back into order.Quote:
Originally Posted by fingerbang
Going back to the old days would just reduce the availability for people to go. That's one way to reduce the demand. But then you have a stupid population that can't compete on a global scale. That's not a way to handle this.
The path forward is pretty clear and it involves government regulation/negotiation. If we make it free for the deserving, we've already artificially influenced the price and we won't have to worry about that having as we've already likely reached a much more inelastic point on the curve.
A uneducated population isn't a solution. And neither is what is currently going on. So what do you propose?
So, who doesn’t?Quote:
Originally Posted by fingerbang
Actually, this is insightful in that the average tuition at most mid-level private colleges has always been just about the same as lower-end luxury automobile.Quote:
Originally Posted by benny01
troll harder Walter_White.Quote:
Originally Posted by Walter_White
I have shown examples of both face of and face for. the point remains the same, she continues to get pushed as the shiny new toy that they think will make a difference.
there have been others including Conservative women that want to debate her, but she doesn't want to debate with them either.Quote:
Originally Posted by dbroncos78087
Today’s student aid crisis has its roots in the 1980s. In 1981, the Reagan administration, with a coalition of congressional Republicans and conservative Democrats, pushed through Congress a combination of tax- and budget-cutting measures.Quote:
Originally Posted by fingerbang
No federal program suffered deeper cuts than student aid. Spending on higher education was slashed by some 25 percent between 1980 and 1985. In raw dollar figures, cuts totaled $594 million in student assistance and $338 million in Pell grants. Students eligible for grant assistance freshmen year had to take out student loans to cover their second year. For middle-class families, eligibility was changed as well. Low-cost, low-interest, subsidized federal loans were limited to families with household incomes of less than $32,000, regardless of family size.
Effectively, these changes shifted the federal government’s focus from providing students higher education grants to providing loans.
No, I like fingerbang's explanation. "A bunch of hippies took over and have had control since".Quote:
Originally Posted by Crovash
Yeah, maintaining that grand Republican tradition of blaming a politically and economically powerless section of society for the mess we are in.Quote:
Originally Posted by ManRam
Damn hippies
When the government backs student loans colleges can just keep hiking tuition and it's exactly what happened. Something very similar happened with the housing market.Quote:
Originally Posted by ManRam
Liberals care, they just underestimate their ability to make things worse while trying to fix a problem.
I'm not blaming "powerless" people silly. I'm blaming the government and institutions that lean hard left yet run their schools the same as any greedy corporation.Quote:
Originally Posted by WES445
Ding, Ding, the liberals are the problem, let's go for the triple crown of those who messed up this country, black leaders.
and womenQuote:
Originally Posted by WES445
Oh, it isn't the hippies now, but the leftist-leaning government. Which Presidency was the leftist-leaning one?Quote:
Originally Posted by fingerbang
We're talking tuition now, Al Sharpton. Go find another thread to ramble on about race.Quote:
Originally Posted by WES445
It's a combination of both. The colleges wanted government backed aid so now loans are limitless and colleges can spike tuition as high as they want because now everyone can "afford" it.Quote:
Originally Posted by WES445
Lol government has been veering hard right for decades with the exception of on social issues.
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I cannot open the link, but from what you posted of it, I’m kind of confused.Quote:
Originally Posted by fingerbang
I ran the inflation calculator, and $9,438 in January 1980 has the same buying power as $28,376 in January of 2014.
What gives?
With government aid that ultimately benefits them, should come with heavy handed regulation hand in hand.Quote:
Originally Posted by fingerbang
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Did you just completely ignore all of the data from the articles I've posted? Have any familiarity with the consumer price index? Because if you're arguing cost is the same you're ****ing hopeless.
MORE GOVERNMENT!!!! This time it's gonna work.Quote:
Originally Posted by DeW-Star