Published: Thursday, Aug. 7 2014 12:00 a.m. MDT
How does one not get into debt with the tuition rates and insane textbook costs
of today? I find it interesting that those who criticize people with student
loans either:Went to school 50 years ago.Had a connection
(like their daddy was a professor so they were handed out free tuition).Never went to school.At the university of Utah, you'll pay
over $3 grand per semester just for 12 credits. When you take into consideration
fees and textbooks, you're looking at $4 grand. How is one supposed to
afford that plus living expenses working their min wage job at Walmat?
It's more than a conclusion, it's a commitment.
So you were thinking that Lincoln's famous words about "a government of
the people, by the people and for the people" somehow applied to you with
your problems? Once and for all the matter of whether the proper function of
government is to help its people achieve their dreams or just stay out of the
way and be as inconspicuous as possible. The conversation is on.
Re Larry JonesHave you considered the possibility of a temporary
second job to speed up the process of your getting out of debt?
FreedomFighter41 - Now turn to a specialty school like Parsons New School of
Design in New York City where my son attended. Undergraduates entering this
fall will pay $21,038 per semester for 12-19 credits (full time student) or
$1480 per credit. On top of that, pay the cost of living in New York City while
you attend school and times that by 4 years of school. It adds up, doesn't
it. But it's all about the choices we make. No one is forced to attend
school at the campus but if you want to land the best jobs, that seems like what
it takes. Education costs have exploded in the last decade and are only getting
A worthy goal Larry, at the same time remember life is a process. Hopefully there does come a point in your life when first of all you are not
stressed by your debt (you have confidence it is manageable) and secondly when
you are debt free.Debt is a fact of American life. Wise debt is the
function of informed choices.Debt and credit are not necessarily the
boogey man, used wisely they can enhance life. Even the most solvent of
America's giant corporations use debt everyday. Inform yourself, and
practice self governance and you'll do ok whether you wind up as a school
teacher or a CEO
FreedomFighter41- Stop Whining....My daughter graduated from the U
of U without debt two years ago...She did not have a rich
daddy...She did not go to school 50 years ago She did go to
college.What she did was figure a way for her to pay her way through
school. It took her five years instead for four, but she worked and paid as she
went.Now she is debt free (Well except her house she just bought),
she is putting her husband through school now. There are ways to do
it, but you have to learnt to sacrifice.
It's great to hear someone thinking about this, and realize that you CAN
live debt-free. I'm especially impressed that he learned this lesson so
young. It only works if you learn it when you are young. Becoming converted
late in life doesn't work as well (the debt is already accumulated).We should all try to minimize debt. Even our governments and
corporations. They need to borrow... but they should MINIMIZE I
it... and they should only do it if they have a PLAN to pay it off.IMO our Federal Government not only doesn't have a PLAN to pay off the
debt they have borrowed for us... they have absolutely no intention of EVER
paying it off... or even REDUCING it.Google "US National Debt
Clock" and look at any of them.$17,614,556,773,206 and that
number goes up by millions every day.That's the kind of number
you can't comprehend. And you can't pay off... no matter how hard
you try. It's depressing.And no... one party isn't
responsible. CONGRESS (both parties) is responsible for our budget and our
Onice again., the usual suspects have implied that it is the duty of the
government to keep them out of debt. In other words, they are entitled to have
the taxpayers fund their every want and need. This idea is
preposterous. No one is owed a debt free existence. Those who spend more than
they earn have no one to blame but themselves, and they must live with the fact
that irresponsible spending leads to stress.
So we have $2 trillion to throw away in an illegal war in Iraq, billions more to
throw away in foreign aid, and yet we don't have any money to pay for the
college education of our own students?How does that make any sense?
@John Charity Spring:"Onice [sic] again., the usual suspects have
implied that it is the duty of the government to keep them out of debt. In other
words, they are entitled to have the taxpayers fund their every want and
need."Are you related to Don Quixote? I re-read the comments,
and couldn't find one that stated or even came close to implying what you
are alleging. Care to identify your "usual suspects" and quote what
they said that supports your statement?
So why isn't the government regulating this?Why can't the
government put a cap on the price of textbooks and tuition? It seems like our
students are in need of a watchdog. Where's the government when you need
The issue is this, everyone should not go to a 4-year college. Prices for
tuition are what they are because of demand. The propagation of the idea that
everyone needs a college education has been bad for students and the economy.
We are wasting so much money, both in government subsidies and
students with loans. I went to class with too many students whose sole purpose
was just to get the degree with as little effort as possible. In other words,
they were spending money for a piece of paper without the desire to actually
learn much of anything. Tell me why that is worth the money spent?Just look at the number of students graduating and working in jobs that have
nothing to do with their degree. Again, wasted money.The fact is
jobs that 50 years ago didn't require a college education can now demand
one since so many people are going to college. Maverick- When did
it become the job of the government to make sure everyone has college paid for?
It just further increases a false and wasteful demand.
"We are wasting so much money, both in government subsidies and students
with loans. I went to class with too many students whose sole purpose was just
to get the degree with as little effort as possible. In other words, they were
spending money for a piece of paper without the desire to actually learn much of
anything. Tell me why that is worth the money spent?"Without
that "little piece of paper" they wouldn't have the jobs to begin
with.I have friends with history and psych degrees working in the
finance sector. However, without those little pieces of paper they wouldn't
have even been given an interview at these financial firms. Those
who graduate with 4 year degrees typically earn more than those who don't.
So those "little pieces of paper" actually do matter. Or you
can continue to live in self-denial.
After the next revolution, it may be possible to have the equal opportunity of
life, liberty and pursuit of happiness. But only if we can realize the
government of the people by the people and for the people. 2
bits. If I owe $17,614,556,773,206 on the day I die, should I
care?American is dying. Not because of the debt, but the debt is a
ECR- You don't need to go to the most expensive schools to get the best
jobs. I went to a state school in Arizona while doing some coursework at the
community college to save money, and still got accepted to multiple medical
schools. I chose a less expensive state school for that as well and it did not
limit my opportunities at all. I had med school classmates who had gone to
Harvard and Yale and were at the same med school as me with my "less
prestigious" education. Many of my med school classmates from our "less
prestigious" U of Utah, ended up in some of the best training programs in
the country.I bet most of the top people in their fields did not go
to the most prestigious and expensive schools, or it did not matter. Nepotism
matters more than schooling.Maverick- A cap on textbook and tuition
prices? How about we put a cap on the price of whatever service or goods you
provide to limit your income. Would you be okay with that?Why is it
caps are always okay unless it affects your income?
"Maverick- A cap on textbook and tuition prices? How about we put a cap on
the price of whatever service or goods you provide to limit your income. Would
you be okay with that?Why is it caps are always okay unless it
affects your income?"Since when has price gouging been okay? And because your heroic activist judges have ruled that bribery is free
speech, it has become impossible to break up the monopolies and force publishers
to compete. If they're going to price gouge then the government
needs to put caps on how much they can gouge. Besides, maybe
it's time for these publishers to sacrifice a little bit too? Rather than
buy the 600 foot yacht they should only buy the 500 foot one? Why
should the 99 percent of us sacrifice so that the 1 percent can continue to
Debt is the American way. And part of becoming a responsible citizen and adult.
It ensures people will keep showing up to work, and not quit their jobs.
The government loans money to large banks at 1% or less. The loans to students
are a minimum of 8%. The great Senator, Elizabeth Warren recognizes that the
system is broken and needs change. Tuition rates is just one more way in
which the poor are prevented from making more money.
Kora - I have no doubt that what you say is true. I also went to a state school
to receive my degree in architecture and if I was looking for a job in certain
cities in the west and Northwest my degree would be respected by those firms.
But there are firms in the east, especially in New York City, that won't
even interview candidates unless they attended an Ivy League school. And so you
have to ask yourself if you want to work for those firms. Like you, I have
never felt inferior to anyone I've worked with who attended a prestigious
school. But those stuffy, prestigious firms, who hire only the Ivy Leaguers, get
most of the major commissions and so some people are willing to pay the price to
get those jobs.Another aspect of going to a prestigious program is
the networking that goes on and the association you have with other people who
are top in their industry. It's a decision that everyone has to make and
the more competition in the job market, the more those decisions matter.
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