College Cheating Scandal
- Thread starter Syd4ND
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A contributing factor to that debt is the unending expansion that universities/colleges have embarked upon over the last 60 years.
Capital expenditures are usually funded by a lead alumnus and a group of alumni, but it’s the ongoing operating expenses that lead to higher and higher tuitions.
The ridiculous and unquenchable need to become bigger and better has led to absurd annual costs leading to unconscionable debt.
I blame the universities/colleges.
There is a remedy
Why don't universities cosign for the funding give them some skin in the game?
Universities seen the medical field make out with goverment medicine so why couldn't they follow suit?
This tells me there is a real problem in college athletics:
Larry Scott, P12 Commish, for a P12 board meeting is in a $7500/nightpalace with fam attending.
And presumably the board members had accomodations also.
Meanwhile, the P12 athletics have scandals upon scandal, ranging from sexual charges, to officials.
The money and privileges associated with college athletics invites poor decisions, corruption and cronyism.
It willprobably get worse as the money pours in.
Larry Scott, P12 Commish, for a P12 board meeting is in a $7500/nightpalace with fam attending.
And presumably the board members had accomodations also.
Meanwhile, the P12 athletics have scandals upon scandal, ranging from sexual charges, to officials.
The money and privileges associated with college athletics invites poor decisions, corruption and cronyism.
It willprobably get worse as the money pours in.
Yep. That and giant endowments that sit unused like hedge funds. If they were forced to spend that money on education and not administration/facilities, tuition would go down and the true benefactors of a university, the students, would maybe get their burden lifted.
No college should cost 50k per year or more to attend. It's a joke.
If universities were equal partners, wouldn't they simply double the price to ensure their present rate of return?
If a parent were required to co-sign, you would see a hell of a lot more kids studying on-line at home or going to a community college the first two years.
So higher learning takes a back seat to milking the young people and their families.
Where's the ethics in that?
I get your point, but personally I could careless as long as my tax dollars are not going be spent without a return.
Me, you, and the rest of my fellow Americans are being taken for a ride.
1.5 trillion dollars of debt and counting and how much of that will be repaid?
Young people are drawn to socialism because of the personal debt, or at least a big reason to it. Credit card debt. Student loan debt and due to choices. Especially if you are a conservative where it is fact that will count against you from the very people who are in charge of educating you. Private universities taking federal dollars and then being as allowed to treat young people who don't think like them unethically because of tenure? What a scam.
I turned down a wrestling scholarship to Lehigh university and joined the USMC.
I seen a future there that only cost me my service to my country.
After 25 years of service I took on another career and 12 years into that without my retirement I'm making high 5 low 6 figures.
All that time I never went into debt
Choices.
Maybe young people are being sold a bad deal. College is not necessarily the end all.
What Choices do young people have aside from serving your country or college? Idk.
We are looking for young people to do the drilling I do. Literally the drilling of the future but very few takers.
I'm rambling sorry. I guess my point is weather universities want to milk the public or not federal tax dollars shouldn't be used especially with the debt numbers the way they are. Constitutionally the fed shouldn't be in the funding of education business those are state issues.
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It's more of a tax on the student's future earnings. I've said that for 20 years and finally heard it publically last week (Dave Ramsey).
Kudos to Trump for being the first POTUS to openly float ideas like requiring Us to cosign for loans.
My generation followed pretty much the example of the Greatest Generation of our parents.
If you couldn’t afford something, you didn’t even consider buying it. A family had priorities,
and college was simply not high on the list because it was ,even at that time , unaffordable.
Once a person turned 18 , and even before that, that person was required to pay his own way
In life.
Nothing was Free then, and nothing is free now. If you can’t afford it, don’t buy it !
If you couldn’t afford something, you didn’t even consider buying it. A family had priorities,
and college was simply not high on the list because it was ,even at that time , unaffordable.
Once a person turned 18 , and even before that, that person was required to pay his own way
In life.
Nothing was Free then, and nothing is free now. If you can’t afford it, don’t buy it !
Purdue hasn’t raised tuition, Room and Board in six (6) years.
They’ve adopted a sane financial model which doesn’t contain automatic or mandated increases.
They’ve lived within a budget.
Another problem causing escalation in college costs is the Federal Student Loan Program and the removal of a lending intermediary, banks.
Now, the Federal Government provides blanket loans to students who can’t repay them.
When you major in poetry, creative dance or the philosophy of celebrities, chances are you won’t be able to repay your loans after graduation. But with the Federal Government footing the bill there’s no impediment, no restraint on universities/colleges continuing to raise tuition and R&B.
Jamie Dimon just stated that college isn’t for everyone.
He also questioned a “college education”
I believe that JPMC just dropped their college diploma requirement for a number of entry jobs.
Tie Government loans into graduation rates and you’ll improve the quality of a college education and help reign in the ridiculous increases in costs.
End of rant .
They’ve adopted a sane financial model which doesn’t contain automatic or mandated increases.
They’ve lived within a budget.
Another problem causing escalation in college costs is the Federal Student Loan Program and the removal of a lending intermediary, banks.
Now, the Federal Government provides blanket loans to students who can’t repay them.
When you major in poetry, creative dance or the philosophy of celebrities, chances are you won’t be able to repay your loans after graduation. But with the Federal Government footing the bill there’s no impediment, no restraint on universities/colleges continuing to raise tuition and R&B.
Jamie Dimon just stated that college isn’t for everyone.
He also questioned a “college education”
I believe that JPMC just dropped their college diploma requirement for a number of entry jobs.
Tie Government loans into graduation rates and you’ll improve the quality of a college education and help reign in the ridiculous increases in costs.
End of rant .
They could safely spend about 3% per year. That would be 39 million worth of funding for the students.
But it should be used for courses that such as medical, law, engineering and not BS courses such as "how yo be a lesbian in 10 days".....no joke that is a course at the university of South Carolina and I'm sure there are many more that will not add to squat in the real world
You can’t make people dependent on the government teaching STEM courses.
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