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Education debt next bailout?

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  • #31
    Originally posted by Dallasdude7403 View Post
    If you want to go that far, then we need to strip the rest to the bone. Abolish all collegiate sports in publicly funded universities. Only like 5% of universities profit off of them. No more stadium funding. No more athletic scholarships. If the Pro Leagues want a Minor League system, let them fund them. Suspend any non-Academic scholarships, and any that aren't Math or Science based. None for any Business, Arts, Music, etc....
    Why would we abolish what the Colleges do? Simply limit public funding to required courses. If the college wants the rest, they either find a way to pay for it or drop it.

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    • #32
      Originally posted by on2muchcoffee View Post
      Why would we abolish what the Colleges do? Simply limit public funding to required courses. If the college wants the rest, they either find a way to pay for it or drop it.
      Because they fund it by raising tuition and fees on other students, at least partially, the same with scholarships. That drives up the tuition costs and drives up borrowing.

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      • #33
        Originally posted by chango View Post
        That is a huge investment. I do not believe the NFL can fund that but I do believe a system like that could be HUGELY profitable.
        Let them partner with some smaller private universities. All of the potential pro-athletes go to those, say 10, universities. They have super teams and the athletes don't drag down the overall GPA at regular universities.

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        • #34
          Originally posted by Dallasdude7403 View Post
          Because they fund it by raising tuition and fees on other students, at least partially, the same with scholarships. That drives up the tuition costs and drives up borrowing.
          So? I was only dealing with the part that we, as taxpayers, are a part of.
          No need to go all Lumpy McLumperson here about tuition costs. Colleges will have different costs based on what they offer.
          I just don't see a need to artificially inflate tuition prices by throwing government money into the pile.

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          • #35
            As far as I know, federal grants are fixed. It doesn't matter whether you go to Harvard or West Texas. You still get $5,550. To me, this is a good investment. A person with a degree will pay way more in taxes throughout their lives than a person without an education who will most likely suck way more thoughout their lives in other wellfare programs.

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            • #36
              Originally posted by Par10 View Post
              As far as I know, federal grants are fixed. It doesn't matter whether you go to Harvard or West Texas. You still get $5,550. To me, this is a good investment. A person with a degree will pay way more in taxes throughout their lives than a person without an education who will most likely suck way more thoughout their lives in other wellfare programs.
              Now Par, not having a college education is far different than having 'no education'.
              Just because you don't go to college doesn't mean you're automatically on welfare nor does attending college guarantee you won't end up on welfare.
              Now if Federal Grant money was set at $5,500, I would set my base tuition cost at $5,500 and charge upwards from there.
              If I was in it to make money or pay for new shit.

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              • #37
                My undergrad loans are basically paid off. I know I'm fucked on my MBA loans, they're private anyway.

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