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Reply to "Trump ceasing federal aid for college"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That will probably lower college costs. Amazing how the cost of college has skyrocketed once the government got in on the loan business. I’d consider this a win for future students who won’t be saddled with student loan debt. [/quote] They won’t have the means to pay for college either way. It only benefits the UMC who have additional disposable income to plow into 529 plans. It does not benefit students who require grants and loans because they are without family or parental financial support. [/quote] Without all those students using grants and loans, colleges will have to lower prices to keep that money flowing in. The Ivies may continue to only be for the rich, but I could see state schools cut tuition to have higher enrollment. VA Tech isn’t just going to only have 10,000 students attend who can afford full pay. Better to lower tuition to ensure full enrollment and a higher bottom line. [/quote] Deflation doesn't work like that. Sorry not sorry.[/quote] Please explain how it works then. You’re right about housing and other large purchases. Why buy today when you can buy tomorrow? That type of deflation will wreck an economy by disincentivizing spending. For many other consumer goods, deflation doesn’t have nearly the effect. As a basic example, TVs have decreased in price since they were invented. Consumers have benefitted, and still buy TVs. People buy eggs as they get less expensive. If college costs decreased every year, I’ll still send my kids to college. Even if the price is less expensive the following year. [/quote] Where are the cost reductions? Will the professor salaries get cut, or services such as counseling, tutoring, student mental support etc get eliminated. It is my understanding that universities are finding it difficult to get students interested in the teaching profession, so they need to compete for people willing to instruct your dear Larla. How about housing, I guess they can go back to the shit hole dorm rooms that existed when I attended FSU. We didn’t have air condition in Tallahassee florid in some of the dorms. Yikes, just that memory is revolting. Will the cost of boarding decrease despite food prices increasing throughout the country. Bottom line is that the cost will not decrease, but more schools will close and/or consolidate; thus making the demand for those who can pay more in demand. [/quote] Every financial entity has a possible cost reduction. Most schools don’t need football, especially the schools where it doesn’t make money. Multiple rec centers? Nope. Climbing walls? Nope. Community college is inexpensive. Just build some dorms around them and charge the associated cost and you’ll have your model. I appreciate your post. It wasn’t low effort. But my opinion is colleges aren’t operating a bare bones, minimum staffing model. There is bloat, and it’s costing consumers money. [/quote] DP. He is cutting audio to community colleges as well. Positive change is possible, and I agree that Democrats ( leadership) were not interested in actually changing anything. But Trump is not the answer. I hope that when his term is over, his voters can recognize that and take another shot with someone else.[/quote]
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