BoatBanter.com - View Single Post

Urin Asshole

On Thu, 14 Mar 2013 12:00:30 -0400, wrote:

On Thu, 14 Mar 2013 10:24:49 -0400, iBoaterer wrote:

In article ,
says...

The cost of getting a college degree has risen 1,120 percent since
1978 ... far more than the cost of health care or health insurance
premiums. Even with Pell grants, scholarships and other forms of
financial aid, many graduates are faced with student loans that they
won't be able to pay off until they are in their 50's when they have
to start thinking of *their* kid's college costs. Plus, starting
salaries for recent grads have dropped for the most part and many
can't think about home ownership.

Where are all these cost increases going?

http://www.bloomberg.com/news/2012-08-15/cost-of-college-degree-in-u-s-soars-12-fold-chart-of-the-day.html

Extreme college costs are due in a large part to the same philosophy of
the mortgage mess. Everyone should be entitled to a college education so
we'll (the gov't) will give people money to go. SO, the colleges see
this as a cash cow and raise tuition. AND take a look at consumables,
like text books, insanely costly.

College administrators are millionaires these days.

You're blaming the administrators for $1T in student debt???

It's actually a hard job. They certainly deserve it more than the CEOs
of BP and Exxon.