Like I always say. We don't need socialized anything, but we do need the government to punish corporations and institutions that price gouge because they know they can get away with it.
not even socialized roads? I think we need socialized roads... and police departments... and fire departments... and sewers... and water treatment facilities... But hey... perhaps you have a well or clear stream on your property, live in a shack you could easily rebuild if it ever caught fire, have no criminals within a hundred miles of you and somehow have the bodily functions of Kim Jong Un... but what do I know.
▼Reply
deleted
· 6 years ago
I agree that college should be more affordable/accessible. I do think, however, that OP has some high-caliber flaws in their argument.
-It's acceptable at most colleges to take the summer off and sometimes even a full Fall-Winter to work so you can save up money, take a mental health break, work an internship, whatever. So of course you can't work during college at a part-time job to make all of your tuition payments. I get that. You can, however, work before you go to college, or you can take a break from classes to work. This can get you through college completely debt free.
-Their whole post ignores the concept of supply and demand, a cornerstone of capitalist economies. The supply of unskilled labor stays high, the demand for a college education stays high. Therefore, wages for unskilled labor will stay low while the price-point for college degrees will continue to rise.
A college degree is not necessary to earn enough money to get by.
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deleted
· 6 years ago
Are colleges price-gouging? Definitely!
Would they stop if people stopped buying their product/service? Also yes!
In reply to your post,
-so students are supposed to take one off and push back doing their careers and push back joining their field for a yes or more? If you wanted to graduate debt free on those numbers I’m pretty sure you have to take off 3 years if my numbers figure out. Now suppose youre going into the medical field. If you wanted to be a doctor you’d have to take off 3 years which takes that person, a potentially wonderful doctor out of the work force for those three years and it makes him over 30 before he even joined the medical field.
-by the understanding of supply and demand, the need for skilled workers (demand) push students to have to go to school (supply). So for colleges, the high supply of students should lower prices since there is so many of them.
-just my thoughts on it, do I think there should be free education, no. Absolutely not. But do I think the government should place some sort of restrictions on tuition or price inflation, definitely.
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deleted
· 6 years ago
-I agree with your point about med school. And I would argue the same point for most fields that require a PhD. for people to start working. Medicine, some law firms, some engineering jobs, etc. I do think that most of the people who go into those fields know exactly what they're in for and how much money they'll be making once they get set in their careers. The lowest paid doctors are pediatricians, taking home almost $200k per year. If you live modestly, you can use the leftover money to pay off all your debts in just a couple of years.
Sure, college costs a lot, but for some jobs, the debt is a worthy investment. Not the case for every degree in every field.
1
deleted
· 6 years ago
-Your understanding supply and demand has a pretty big hole though. The demand is in the hands of the customer who has the money, while the supply is in the hands of the store setting the price. There is a need for skilled workers, of course, but those offices and workplaces hiring skilled workers are giving their money to their employees, not the universities. In the case of skilled workers, the demand comes from the companies, and the supply is the skilled workers themselves, deciding what salary they are worth. The moment a skilled worker has graduated from college, that college no longer plays a role in the supply or demand.
Even if it did, higher demand of skilled workers would come from the companies hiring them, raising the price of the supply. If someone gets paid a lot to be in the "supply pool", they should expect to pay a lot to get into said pool.
it's not about it going up, we all know it's going to go up. it's about the rate of it going up. Ideally it all keeps up with inflation; but this is an obvious example of where it doesn't.
I got through college debt-free and graduated a few years ago; I'm good, it's still in our nations best interest to make education affordable. It's the single greatest asset we have. Do you really want a nation 90% filled with people who only graduated HS and couldn't afford ANY higher education? If you were an employer does that sound good to you? Hell no, it sounds like a fucking nightmare. Sadly, that looks to be where we are headed.
1. I didn't say how much it was going up by. 2. it's not a very serous comment. 3. nowhere in my comment is there anything to disagree with, you don't know my opinions xD.
I know,it doesn't support the beloved narrative of victimhood, but most cities have an extension college or small college. You could attend college while staying at home and saving money on rent, if not board as well. All four of my kids have gotten scholarships of at least a third of tuition from the university. Both they and I received outside scholarships, but I didn't get anything from the university itself. So, it looks like most of us used to pay "list price" for tuition, but nowadays very few do.
If Yale's tuition is too salty for you, your state university is probably half that.
I'm not saying there aren't challenges, but you can sit around and cry about how unfair life is, or you can do the things that are within your power and not let the things you can't affect prevent you from doing so.
Community (2 year) colleges around here run about $3000 a year. The state schools run $7000-$25000 depending on many factors, attending one within commuting distance puts you near the lower third of that. You can attend UB with a full course load for just under $10k/yr and they have great medical and engineering programs.
There also,didn't used to be African American studies or Women's Studies as majors. Dorm rooms weren't air conditioned. There weren't over 100 Diversity Directors/Deans/Provosts whose salaries had to be covered. We've allowed this inflation, heck...maybe demanded it, and are now paying the piper.
-It's acceptable at most colleges to take the summer off and sometimes even a full Fall-Winter to work so you can save up money, take a mental health break, work an internship, whatever. So of course you can't work during college at a part-time job to make all of your tuition payments. I get that. You can, however, work before you go to college, or you can take a break from classes to work. This can get you through college completely debt free.
-Their whole post ignores the concept of supply and demand, a cornerstone of capitalist economies. The supply of unskilled labor stays high, the demand for a college education stays high. Therefore, wages for unskilled labor will stay low while the price-point for college degrees will continue to rise.
A college degree is not necessary to earn enough money to get by.
Would they stop if people stopped buying their product/service? Also yes!
-so students are supposed to take one off and push back doing their careers and push back joining their field for a yes or more? If you wanted to graduate debt free on those numbers I’m pretty sure you have to take off 3 years if my numbers figure out. Now suppose youre going into the medical field. If you wanted to be a doctor you’d have to take off 3 years which takes that person, a potentially wonderful doctor out of the work force for those three years and it makes him over 30 before he even joined the medical field.
-by the understanding of supply and demand, the need for skilled workers (demand) push students to have to go to school (supply). So for colleges, the high supply of students should lower prices since there is so many of them.
-just my thoughts on it, do I think there should be free education, no. Absolutely not. But do I think the government should place some sort of restrictions on tuition or price inflation, definitely.
Sure, college costs a lot, but for some jobs, the debt is a worthy investment. Not the case for every degree in every field.
Even if it did, higher demand of skilled workers would come from the companies hiring them, raising the price of the supply. If someone gets paid a lot to be in the "supply pool", they should expect to pay a lot to get into said pool.
I got through college debt-free and graduated a few years ago; I'm good, it's still in our nations best interest to make education affordable. It's the single greatest asset we have. Do you really want a nation 90% filled with people who only graduated HS and couldn't afford ANY higher education? If you were an employer does that sound good to you? Hell no, it sounds like a fucking nightmare. Sadly, that looks to be where we are headed.
If Yale's tuition is too salty for you, your state university is probably half that.
I'm not saying there aren't challenges, but you can sit around and cry about how unfair life is, or you can do the things that are within your power and not let the things you can't affect prevent you from doing so.