Anonymous
06/23/2020 08:20
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:Pete Buttigeg talked about this. Public college should be free. I went to an Ivy and a private grad school with my immigrant parents' help. They did pay as you go for the most part and also took out loans. I paid most of my grad school through loans and scholarship. But the costs of college now and in the future are absurd. I'm sure the bubble will burst, and if it doesn't I may send my kids to university abroad. In the meantime, I'm saving $8k per each child each year in a 529 (enough to get the tax benefit in dc).
The problem with making college free is that it disconnects the major from the economics of the cost of education. A young mind needs the explicit connection and we’ve failed recent graduates who have graduated with debt they can’t pay. Even it the debt is taken away there’s still a difference in career earnings that should be weighed against picking the liberal arts
No it doesn't. Where do you come up with these things?
Anonymous
06/23/2020 08:04
Subject: Re:Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:Anonymous wrote:I would save for the amount of in-State tuition. Nowadays, a lot of schools give merit aid to upper middle class families. For instance, only 6% of students at Connecticut College are full pay, and that’s a NESCAC school that is in decent financial shape. You may be priced out of elite schools, but there will still be good schools left. My parents have an education trust for our kids and we plan on encouraging them to not use it all on undergrad, but go to a cheaper option, and then have grad school potentially paid off too.
Source?
PP here. Link below has the info- I was very surprised! Lots of good schools like Denison and Rochester give aid to nearly everyone.
https://nces.ed.gov/collegenavigator/?q=connecticut+college&s=all&id=128902#finaid
Those sites don’t say anything about Connecticut College. And no one is getting great aid at Denison, either in merit or FA.
Anonymous
06/23/2020 07:31
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Two points:
1. College tuition soared because the federal government made loans easy to get. The $$ was virtually unlimited, and the colleges found ways to spend it. Now, there’s a whole generation of students who regret their choices, but it’s hard to put that genie (plus all his overpaid college admin friends) back in the bottle.
2. Countries that have free universities have lower college attendance rates than the US, and generally select for college potential at a much younger age than the US. I’m sure this wouldn’t affect any of your special children, but limiting the # of kids that can go to college hurts the upwardly mobile.
Oh, and one more — government-funded college is a huge giveaway to the UMC/rich. It’s an incredibly regressive government program.
No, students that have the ability go to the universities and those that don't go to technical schools. So if you are very wealthy but have an idiot for a child, which you in particular well might, your little idiot isn't getting into school for free.
Government-funded college is not a huge giveaway to the UMC/rich because the UMC/rich are being taxed proportionally higher to pay for the college. These are individuals that could pay to go to private colleges themselves if they cared to.
But continue arguing why government-funded college is devilish while driving your CR-V.
Anonymous
06/23/2020 07:31
Subject: Re:Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:Remember that when you VOTE!
Both parties support the current system of inflated tuition to sit in classes of 300+ kids.
You really need to stop looking at "parties" and look at individuals... an no both don't support it, and pre-Trump they were working together to fix the system.
Anonymous
06/23/2020 07:28
Subject: Re:Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Remember that when you VOTE!
Both parties support the current system of inflated tuition to sit in classes of 300+ kids.
Anonymous
06/23/2020 06:59
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:But keep voting against Bernie.
Happily. I don't want free tuition and I don't want a 60 percent tax rate to provide free stuff for everyone. I want tuition to not significantly outpace inflation.
Nobody is proposing 60% tax rate.
Anonymous
06/23/2020 06:54
Subject: Re:Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:Remember that when you VOTE!
?? Who is going to lower the costs? Serious question.
I am not a party voter. You need to look at each candidate.
Obviously not Trump but Biden does have a plan to lower cost of college... it obviously falls short since he is a centrist.
Hogan (R) in Maryland... also is looking to cut costs and some loan forgiveness programs (which in the past sucked and were ineffective, hopefully that can be fixed)
Truthfully... almost every fully functioning human being (obviously not Trump) that is running for office sees the cost of college as an issue. When you vote go to their website and do research.
Anonymous
06/23/2020 03:22
Subject: Just calculated projected college costs for my kid and almost vomited
PP again. Thinking about the cost of dream schools makes we want to 🤢. I just don’t see how any school is worth 70k per year.
Anonymous
06/23/2020 03:21
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:But keep voting against Bernie.
+1. Americans are great at voting against their own interests
Free higher education? No, socialism.
Lets spend money on the wall and wars.
Why do you think you know what my interests are?
Anonymous
06/23/2020 03:17
Subject: Just calculated projected college costs for my kid and almost vomited
OP I’m not sure how we did it but we’ve saved 500k for college between 2 kids. When they were young, we thought the college calculators were absurd but here we are. What we didn’t count on is that DD would want to go into the medical field and now we realize we don’t have enough. We’ve been honest with DD and have told her to look at our in state option so we can help with medical school.
Anonymous
06/23/2020 00:49
Subject: Just calculated projected college costs for my kid and almost vomited
Two points:
1. College tuition soared because the federal government made loans easy to get. The $$ was virtually unlimited, and the colleges found ways to spend it. Now, there’s a whole generation of students who regret their choices, but it’s hard to put that genie (plus all his overpaid college admin friends) back in the bottle.
2. Countries that have free universities have lower college attendance rates than the US, and generally select for college potential at a much younger age than the US. I’m sure this wouldn’t affect any of your special children, but limiting the # of kids that can go to college hurts the upwardly mobile.
Oh, and one more — government-funded college is a huge giveaway to the UMC/rich. It’s an incredibly regressive government program.
1. College tuition soared because the federal government made loans easy to get. The $$ was virtually unlimited, and the colleges found ways to spend it. Now, there’s a whole generation of students who regret their choices, but it’s hard to put that genie (plus all his overpaid college admin friends) back in the bottle.
2. Countries that have free universities have lower college attendance rates than the US, and generally select for college potential at a much younger age than the US. I’m sure this wouldn’t affect any of your special children, but limiting the # of kids that can go to college hurts the upwardly mobile.
Oh, and one more — government-funded college is a huge giveaway to the UMC/rich. It’s an incredibly regressive government program.
Anonymous
06/23/2020 00:47
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:But keep voting against Bernie.
Happily. I don't want free tuition and I don't want a 60 percent tax rate to provide free stuff for everyone. I want tuition to not significantly outpace inflation.
Anonymous
06/23/2020 00:39
Subject: Re:Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Remember that when you VOTE!
?? Who is going to lower the costs? Serious question.
Republican governors aren’t.
How about some Dems then? Name a couple who've made this a campaign pledge.
I live in Florida and our state universities are already very cheap to begin with (under $20k for everything — room, board, tuition) but we also have a program called Bright Futures which allows students with certain credentials to go to state Us virtually free of cost. Georgia also has a program where high achieving students can go for an extremely low price. Amazing!!!! How about those good Democratic states of California or New Jersey? 😅
Yeah, and you can get a free tuition in Alabama with 30 ACT and 3.5 GPA. But who wants to go there?
Georgia Tech and University of Florida are both schools I'd be happy to send my kids to. Both offer significant scholarships to in state students. PP has a valid point that this isn't about democratic governors being willing to reduce tuition.
Anonymous
06/23/2020 00:36
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:Pete Buttigeg talked about this. Public college should be free. I went to an Ivy and a private grad school with my immigrant parents' help. They did pay as you go for the most part and also took out loans. I paid most of my grad school through loans and scholarship. But the costs of college now and in the future are absurd. I'm sure the bubble will burst, and if it doesn't I may send my kids to university abroad. In the meantime, I'm saving $8k per each child each year in a 529 (enough to get the tax benefit in dc).
The problem with making college free is that it disconnects the major from the economics of the cost of education. A young mind needs the explicit connection and we’ve failed recent graduates who have graduated with debt they can’t pay. Even it the debt is taken away there’s still a difference in career earnings that should be weighed against picking the liberal arts
Anonymous
06/22/2020 23:46
Subject: Just calculated projected college costs for my kid and almost vomited
Anonymous wrote:But keep voting against Bernie.
+1. Americans are great at voting against their own interests
Free higher education? No, socialism.
Lets spend money on the wall and wars.