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College and University Discussion
Reply to "Forbes 2021 College Rankings"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This methodology definitely shows how state policies impact higher ed. It definitely favors California where state subsidizes higher ed, lots of aid for poverty, but good incomes for well-educated due to HCOL. 7 schools in CA are in the top 20 and 18 are in the top 100! Whereas TX is another large state and has none in the top 20, and only 3 in the top 100.VA has 6 schools--all public but 1- in the top 100 under this methodology--which is also a strong showing. (VA: UVA 30, W&M 51, W&L 63, VT 75, GMU 91, JMU 96.) Interestingly MA has 10 schools and PA has 7 schools in the top 100 but they are ALL private. These numbers basically show you though that many states don't even have 1 college/university, let alone 1 public university that falls in the top 100 of affordability/return on investment. (22 states don't have a single college or university that makes the top 100, and many more don't have a public college/university that does). So the idea that your in-state public provides the best return on investment/affordability REALLY depends on what state you are in. [/quote] I agree with this description. It shows the importance of a state's investment in higher education and how it's a virtuous circle: invest in education & ensure low debt loads -> produce lots of high quality workers -> attract competitive companies -> high salaries & high consumer spending -> solid tax base -> reinvest in education. The circle goes around and around. [/quote] California is losing population and has over 25% of the country's homeless population despite being only 12% of the country's population. California isn't an example of a virtuous cycle at present.[/quote] The world's 5th largest economy says we are doing fine, thank you very much.[/quote] Russia has a larger GDP than Switzerland. Where would you rather live? People are leaving due to cost of living. And where is Elon Musk now?[/quote] People are leaving because the housing is expensive. So even wealthier people are buying the homes that are being vacated. Good luck to Elon hiring decent people after the recent state level moves in Texas.[/quote] Elon is establishing the "tax residence" for himself and his company in Texas. TX, like Florida, does very little due diligence to ensure that a person claiming residency is truly a resident. It's a tax dodge. Elon - like pretty much every billionaire - spends less than 3 months in any given state due to multiple homes, flying private, etc. He sold all his California homes because that's what his tax lawyer told him to do to bona fide severe ties with California. I bet Elon is in California 100-150 days per year, living out of short-term rentals and hotels. He's likely in Texas for even less time, despite it being his "residence." Elon's entire life is a tax dodge. Elon is spending as little time as possible in TX.[/quote]
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