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High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

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Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#71

Earlier quoted context omitted.

It’s a societal good as a whole, so yes, societies should invest in them. Example: not everyone becomes a doctor. But society needs doctors. Having affordable pre-med college programs benefits everyone, even though only doctors directly make income from the program.

How about in exchange we cap their rate of pay so that society as a whole can benefit from their affordable services?

And if you do that you won't have enough doctors. Many countries suffer shortage of doctors.

If you want to do that, why don't you start by capping pay of CEOs, there seems to be no country on earth with shortage of CEOs

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#72
post #65

Might be an unpopular opinion... but this is exactly why we shouldn't do student loan debt forgiveness. The root core of the issue wouldn't at all be addressed and it would actually be a signal to universities and students alike, that Universities can charge more, and students can continue to take out larger loans because... they might be forgiven at some future point in time.

Student debt is mostly held by the richer half of the US population. Serious question: would it do more good if instead of giving money to people with student debt, you gave money to people without it? The first test of a potential policy is whether it's better than doing exactly the opposite. If you can't even prove that, it's probably not a good policy. https://twitter.com/paulg/status/1521112550770946048

[deleted]

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#73
post #16

I mean, yeah. But also, the expectations placed on colleges have grown exponentially. Retention staff, student life staff, counseling staff, new innovative (read: Expensive) programs, the 'experience'. These all cost money. My experience of expectations of college in the 90's - can I drink? Do the faculty let me miss if I need to? My experience of expectations of college now - is my child safe? Can s/he access approp…

Cut off the money and expectations will shrink to meet reality.

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#74
post #16

I mean, yeah. But also, the expectations placed on colleges have grown exponentially. Retention staff, student life staff, counseling staff, new innovative (read: Expensive) programs, the 'experience'. These all cost money. My experience of expectations of college in the 90's - can I drink? Do the faculty let me miss if I need to? My experience of expectations of college now - is my child safe? Can s/he access approp…

Good point but I wonder which way the causality runs? I could make the argument either way:

1) Parent expectations higher -> college becomes more expensive

2) People would love colleges to do everything but they'd always say "we're a nonprofit spending all our $ on teaching/research so can't" and parents accept that -> colleges can get much larger amounts of money -> colleges compete on these non-circular programs -> students/parents raise their expectations.

I'm sure both are true, but I think something had to change. I would have loved all those services in the 90s but it wasn't considered practical.

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#75
post #16

I mean, yeah. But also, the expectations placed on colleges have grown exponentially. Retention staff, student life staff, counseling staff, new innovative (read: Expensive) programs, the 'experience'. These all cost money. My experience of expectations of college in the 90's - can I drink? Do the faculty let me miss if I need to? My experience of expectations of college now - is my child safe? Can s/he access approp…

This is like a broader version of keeping up with the joneses.

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#76

Earlier quoted context omitted.

How about in exchange we cap their rate of pay so that society as a whole can benefit from their affordable services?

And if you do that you won't have enough doctors. Many countries suffer shortage of doctors. If you want to do that, why don't you start by capping pay of CEOs, there seems to be no country on earth with shortage of CEOs

Physicians aren't the ones having trouble paying off their degrees (certainly not in America, that healthcare spending goes somewhere). We may have a district lack of doctored art historians but I think we will survive. Alternatively they could pay their own way.

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#77
post #16

I mean, yeah. But also, the expectations placed on colleges have grown exponentially. Retention staff, student life staff, counseling staff, new innovative (read: Expensive) programs, the 'experience'. These all cost money. My experience of expectations of college in the 90's - can I drink? Do the faculty let me miss if I need to? My experience of expectations of college now - is my child safe? Can s/he access approp…

> Retention staff, student life staff, counseling staff, new innovative (read: Expensive) programs, the 'experience'. These all cost money.

Looking at going back sometime within the next few years. I don’t need any of this shit. I want to learn, do research and make new connections, but I’ll certainly half to help fund it for it, at least for a couple years.

For example:

> Do you have co-curricular and curricular experiences ensuring that s/he learns about life skills that s/he doesn't have?

I’m a grown adult with experience working in many different types of environments, while school would be a new challenge, I’m confident in my ability to adapt to it without paying 1000s on end for courses designed for people who are barely 18.

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#78
post #66

Earlier quoted context omitted.

> this is exactly why we shouldn't do student loan debt forgiveness. The root core of the issue wouldn't at all be addressed This is a false dichotomy. The root core of the issue should be addressed. However, that would require an act of Congress, whereas federal student loan forgiveness can be accomplished immediately via executive action. This is why people are calling for it now, because it can be done right now.…

>"However, that would require an act of Congress, whereas federal student loan forgiveness can be accomplished immediately via executive action. This is why people are calling for it now, because it can be done right now. Also, the President promised to do so multiple times during his campaign." I can't be the only one who feels like this is simply 'buying votes' in an attempt to try and salvage some seats for the up…

It doesn't seem that simple, given he won a primary in which all of the other candidates promised more money than he did.

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#79
post #66

Earlier quoted context omitted.

> this is exactly why we shouldn't do student loan debt forgiveness. The root core of the issue wouldn't at all be addressed This is a false dichotomy. The root core of the issue should be addressed. However, that would require an act of Congress, whereas federal student loan forgiveness can be accomplished immediately via executive action. This is why people are calling for it now, because it can be done right now.…

>"However, that would require an act of Congress, whereas federal student loan forgiveness can be accomplished immediately via executive action. This is why people are calling for it now, because it can be done right now. Also, the President promised to do so multiple times during his campaign." I can't be the only one who feels like this is simply 'buying votes' in an attempt to try and salvage some seats for the up…

Anyone know where I can get a $10k education loan immediately?

Re: High tuition costs mostly stem from the Omnibus Budget Reconciliation Act 1993

#80
post #66

Earlier quoted context omitted.

> this is exactly why we shouldn't do student loan debt forgiveness. The root core of the issue wouldn't at all be addressed This is a false dichotomy. The root core of the issue should be addressed. However, that would require an act of Congress, whereas federal student loan forgiveness can be accomplished immediately via executive action. This is why people are calling for it now, because it can be done right now.…

>"However, that would require an act of Congress, whereas federal student loan forgiveness can be accomplished immediately via executive action. This is why people are calling for it now, because it can be done right now. Also, the President promised to do so multiple times during his campaign." I can't be the only one who feels like this is simply 'buying votes' in an attempt to try and salvage some seats for the up…

> I can't be the only one who feels like this is "buying votes".

Votes are already bought by wealthy campaign contributors.

Anyway, aren't politicians supposed to help the public financially? If a politician campaigns on tax cuts, tax credits, and tax incentives, isn't that also "buying votes"? Which politician is not buying votes with their stated economic policies?

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