Student Debt Protests (1 Viewer)

[glvsav37]

How about we give a free finance course to prospective college students with a concentration on how prices are set?

And another on personal finance (although that should be a core part of H.S. curriculum.)

Personal finance education is sorely needed in American high schools. We learn our most important skills from watching our parents w/o really knowing what their personal net worth or future strategies are—which is often not the best...just keeps compounding mistakes

 

[Slapdash]

I don't think we should group this in with the Missouri and Ithica protest. Whatever you think about this issue, at least it's tangible. They're not demanding the school president resign for no reason whatsoever.

It's Berkeley. Protest is a tradition.

Especially since the protests at Mizzou and the like will end up increasing the cost of college...

 

[RedmondLonghorn]

The increases in student borrowing have been disproportionately driven by those students borrowing to finance private school educations, those students borrowing for graduate school and those borrowing to pay for for-profit college degrees,

A private school degree is a luxury good. A non-professional graduate degree is also a luxury good. I am not sympathetic to people who can't afford luxury goods but borrow to have them, then can't make the payments.

A professional graduate degree should have a reasonable ROI. If it doesn't, the student has made a bad decision.

I suspect (i.e. know) that the students are getting fleeced by these for-profit schools. Borrowers tend to be older, less affluent and more apt to run into trouble paying back loans. Which makes sense, because if they are taking out a loan to go to the University of Phoenix, they have issues to begin with and are likely to make other bad decisions too.

 

[Andy Dufresne]

How about we give a free finance course to prospective college students with a concentration on how prices are set?

And another on personal finance (although that should be a core part of H.S. curriculum.)

will the course explain how the state of California sets prices for its public universities.

Well that's a good point. Are those prices set with an eye to market forces or are they arbitrary?

 

[Politician Spock]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The state of New Mexico has been doing it for years.

 

[Fennis]

How about we give a free finance course to prospective college students with a concentration on how prices are set?

And another on personal finance (although that should be a core part of H.S. curriculum.)

will the course explain how the state of California sets prices for its public universities.

Well that's a good point. Are those prices set with an eye to market forces or are they arbitrary?

after I audit the course I will let you know

 

[mr roboto]

How about we give a free finance course to prospective college students with a concentration on how prices are set?

And another on personal finance (although that should be a core part of H.S. curriculum.)

Personal finance education is sorely needed in American high schools. We learn our most important skills from watching our parents w/o really knowing what their personal net worth or future strategies arewhich is often not the best...just keeps compounding mistakes

Do you realize how ####ed we would be if people started living below their means, saving and investing and avoiding consumer debt?

 

[Slapdash]

Why don't we focus on ways to increase the reliance on tuition by the schools themselves? State funding of higher education has been shrinking. At the same time, universities are spending tons of money on amenities. Not just sports either. If universities were more focused on providing cheap education, would they be spending so much money to turn their campuses into a country club? Need to think about how to reverse these current incentives. Certainly having free (ie: federally subsidized tuition) is just going to make these incentives worse.

 

[fantasycurse42]

https://www.youtube.com/watch?v=P36x8rTb3jI

good example of this mentality

Love to get a follow-up 7 years later from her. Wonder how it is working out

 

[fantasycurse42]

I don't think we should group this in with the Missouri and Ithica protest.

I think this is the only comment in the thread tying these together, so you shouldn't be concerned about this.

 

[mr roboto]

Why don't we focus on ways to increase the reliance on tuition by the schools themselves? State funding of higher education has been shrinking. At the same time, universities are spending tons of money on amenities. Not just sports either. If universities were more focused on providing cheap education, would they be spending so much money to turn their campuses into a country club? Need to think about how to reverse these current incentives. Certainly having free (ie: federally subsidized tuition) is just going to make these incentives worse.

Honestly online learning will kill the full amenity university model. Except for facility-heavy majors (STEM) most can be done online or self-guided.

 

[matttyl]

I don't think we should group this in with the Missouri and Ithica protest.

I think this is the only comment in the thread tying these together, so you shouldn't be concerned about this.

The article itself tied them together, multiple times.

 

[Slapdash]

Why don't we focus on ways to increase the reliance on tuition by the schools themselves? State funding of higher education has been shrinking. At the same time, universities are spending tons of money on amenities. Not just sports either. If universities were more focused on providing cheap education, would they be spending so much money to turn their campuses into a country club? Need to think about how to reverse these current incentives. Certainly having free (ie: federally subsidized tuition) is just going to make these incentives worse.

Honestly online learning will kill the full amenity university model. Except for facility-heavy majors (STEM) most can be done online or self-guided.

I love online learning. I am doing a bunch of Coursera courses on R programming right now., never really took anything math or programming related in college. The problem is that degrees are more about signalling things to employers than about learning in terms of economic value. I think it will take a long time before that trend reverses.

I wonder if the traits shown in a lot of these protests could begin to change employer preferences though...

 

[mr roboto]

Why don't we focus on ways to increase the reliance on tuition by the schools themselves? State funding of higher education has been shrinking. At the same time, universities are spending tons of money on amenities. Not just sports either. If universities were more focused on providing cheap education, would they be spending so much money to turn their campuses into a country club? Need to think about how to reverse these current incentives. Certainly having free (ie: federally subsidized tuition) is just going to make these incentives worse.

Honestly online learning will kill the full amenity university model. Except for facility-heavy majors (STEM) most can be done online or self-guided.

I love online learning. I am doing a bunch of Coursera courses on R programming right now., never really took anything math or programming related in college. The problem is that degrees are more about signalling things to employers than about learning in terms of economic value. I think it will take a long time before that trend reverses.

I wonder if the traits shown in a lot of these protests could begin to change employer preferences though...

Yeah but you can now show a BS in Accounting from a major university and often have studied a good portion of your time remotely. It's not just U of Phoenix anymore.

 

[[icon]]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

What is wrong with going to a junior college (which is far from expensive) and transferring into a state school? Most state schools transfer most/all credits from junior colleges within the state. Then, the student gets an instate tuition for the last two years. You can make it through 4 years on like $20k-$25k - $5-$7k a year in total to outrageous? Poor 20 year olds shouldn't have to work #### jobs? What is the issue here?

They demand $15/hr for campus jobs if they're going to be bothered with having to work.

I worked 3 jobs while in college full time. Days alternated between designing/laying out the campus paper (barely paid) and an unpaid internship at a local ad agency. 4 nights a week I bartended from 7pm till 4am (paid $2.13/hr plus tips). Apparently I'm a ####### unicorn.

 

[fantasycurse42]

I don't think we should group this in with the Missouri and Ithica protest.

I think this is the only comment in the thread tying these together, so you shouldn't be concerned about this.

The article itself tied them together, multiple times.

Yes, but when referring to "we", my assumption is he is referring to us, the FFA discussing the topic.

 

[RedmondLonghorn]

Why don't we focus on ways to increase the reliance on tuition by the schools themselves? State funding of higher education has been shrinking. At the same time, universities are spending tons of money on amenities. Not just sports either. If universities were more focused on providing cheap education, would they be spending so much money to turn their campuses into a country club? Need to think about how to reverse these current incentives. Certainly having free (ie: federally subsidized tuition) is just going to make these incentives worse.

Honestly online learning will kill the full amenity university model. Except for facility-heavy majors (STEM) most can be done online or self-guided.

I love online learning. I am doing a bunch of Coursera courses on R programming right now., never really took anything math or programming related in college. The problem is that degrees are more about signalling things to employers than about learning in terms of economic value. I think it will take a long time before that trend reverses.

I wonder if the traits shown in a lot of these protests could begin to change employer preferences though...

I have been doing the same stuff.

 

[[icon]]

Why don't we focus on ways to increase the reliance on tuition by the schools themselves? State funding of higher education has been shrinking. At the same time, universities are spending tons of money on amenities. Not just sports either. If universities were more focused on providing cheap education, would they be spending so much money to turn their campuses into a country club? Need to think about how to reverse these current incentives. Certainly having free (ie: federally subsidized tuition) is just going to make these incentives worse.

Honestly online learning will kill the full amenity university model. Except for facility-heavy majors (STEM) most can be done online or self-guided.

I love online learning. I am doing a bunch of Coursera courses on R programming right now., never really took anything math or programming related in college. The problem is that degrees are more about signalling things to employers than about learning in terms of economic value. I think it will take a long time before that trend reverses.

I wonder if the traits shown in a lot of these protests could begin to change employer preferences though...

I have been doing the same stuff.

APple has a ton of free courses from badass universities like Harvard, Stanford, and more.

 

[PIK95]

My kids won't go to college. I'll buy them houses instead.

 

[sbonomo]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

Yes, and they have a 50% tax rate and the wealthy send their kids to schools in the US. No thanks.

 

[Ditka Butkus]

Go f**k yourself should be the standard reply to all protests.

 

[matttyl]

I don't think we should group this in with the Missouri and Ithica protest.

I think this is the only comment in the thread tying these together, so you shouldn't be concerned about this.

The article itself tied them together, multiple times.

Yes, but when referring to "we", my assumption is he is referring to us, the FFA discussing the topic.

Well "I" don't think these protests would have happened if not for the Mizzou situation.

 

[fantasycurse42]

Well "I" don't think these protests would have happened if not for the Mizzou situation.

Congrats?

 

[Cjw_55106]

Colleges can kiss folks ### once they start making $15 an hour at McDonalds.

 

[fantasycurse42]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

What is wrong with going to a junior college (which is far from expensive) and transferring into a state school? Most state schools transfer most/all credits from junior colleges within the state. Then, the student gets an instate tuition for the last two years. You can make it through 4 years on like $20k-$25k - $5-$7k a year in total to outrageous? Poor 20 year olds shouldn't have to work #### jobs? What is the issue here?

They demand $15/hr for campus jobs if they're going to be bothered with having to work.

I worked 3 jobs while in college full time. Days alternated between designing/laying out the campus paper (paid) and an unpaid internship at a local ad agency. 4 nights a week I bartended from 7pm till 4am. Apparently I'm a ####### unicorn.

Jobs I worked from 15 until my early 20's:

• Caddy
• Waiter
• Bartender
• Snack Bar Attendant/Cashier
• Gym Membership Consultant
• Pizza Delivery
• Lumber Delivery
• Painting
• Doorman
• And some others I'm prob forgetting too

These kids really suck! What makes it even better is the fact that a 21 year old has more than enough energy to study, attend class, go to work, party like a rockstar, and then wake up the next morning without feeling the effects.

 

[matttyl]

Well "I" don't think these protests would have happened if not for the Mizzou situation.

Congrats?

Thank you. I just mean to say I think it's very easy to lump them in with the Mizzou crowd as opportunists.

 

[fantasycurse42]

Well "I" don't think these protests would have happened if not for the Mizzou situation.

Congrats?

Thank you. I just mean to say I think it's very easy to lump them in with the Mizzou crowd as opportunists.

These Cal Berkeley kids protest everything, if not this, something else tomorrow. Others are just following in suit with the hopes of a handout. Unfortunately for them, the costs associated with their expensive colleges weren't some magical surprise and they were well aware of the costs there and other places they decided not to attend beforehand.

 

[General Malaise]

Hold up, college kids are protesting at Berkeley now? When did this start?

 

[humpback]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The same way we pay for free healthcare and free Teslas. Tax the 1%.

https://www.youtube.com/watch?v=Zmji36q8E4o

 

[flapgreen]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

 

[Andy Dufresne]

THE RENT IS TOO DAMN HIGH!

 

[Ramblin Wreck]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

There are plenty of parents that are capable of saving for their children's education. But they spend that money on other things such as overly expensive cars and homes. That contributes to their children needing more student loans. I know a guy that complains daily about paying for his kid to go to college. This guy drives a $60K car and buys the latest and greatest gadget as soon as it comes out. Buy a $30K car and use the other $30K to send your kid to school.

What's wrong with being rich? Don't we all work or run businesses to make money to provide for ourselves and our family?

 

[RedmondLonghorn]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

Again, the average undergrad who borrows for a public university has $4,000 more in student debt upon graduating than 15 years ago. That doesn't sound like a huge problem to me.

The students that are being "killed" by student debt are the ones making very poor choices: borrowing large amounts to fund private undergrad degrees and/or impractical/overpriced graduate degrees.

 

[timschochet]

Not every protest is BS. Not everybody who protests is spoiled or undeserving. Lots of knee jerk reaction in here.

I think that for those college students below a certain income level, government ought to help out with the student loans, maybe eliminate them altogether. It shouldn't be for everyone. But it's time to increase the safety net.

 

[comfortably numb]

I'm in the minority.

I feel if we looked at US citizens as employees of the US, wouldn't we WANT them to be as educated as possible?

Whether someones personal experience was to work 9 jobs or accrue 40K in debt at 22 the point is, barring much assistance from outside sources to help you pay your way it's not an easy decision on whether or not you should want to further your education.

 

[Ditkaless Wonders]

Hold up, college kids are protesting at Berkeley now? When did this start?

When Bob Dylan went electric and started consistently passing the Kingston Trio on the charts.

 

[flapgreen]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

There are plenty of parents that are capable of saving for their children's education. But they spend that money on other things such as overly expensive cars and homes. That contributes to their children needing more student loans. I know a guy that complains daily about paying for his kid to go to college. This guy drives a $60K car and buys the latest and greatest gadget as soon as it comes out. Buy a $30K car and use the other $30K to send your kid to school.

What's wrong with being rich? Don't we all work or run businesses to make money to provide for ourselves and our family?

That's your reasoning? People should stop driving 60k cars and save that money for their kids? Sounds like you live in a different area than me.

 

[Ookie Pringle]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The same way we pay for free healthcare and free Teslas. Tax the 1%.

https://www.youtube.com/watch?v=Zmji36q8E4o

That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.

 

[RedmondLonghorn]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

There are plenty of parents that are capable of saving for their children's education. But they spend that money on other things such as overly expensive cars and homes. That contributes to their children needing more student loans. I know a guy that complains daily about paying for his kid to go to college. This guy drives a $60K car and buys the latest and greatest gadget as soon as it comes out. Buy a $30K car and use the other $30K to send your kid to school.

What's wrong with being rich? Don't we all work or run businesses to make money to provide for ourselves and our family?

That's your reasoning? People should stop driving 60k cars and save that money for their kids? Sounds like you live in a different area than me.

The biggest increases in Federally sponsored student debt over the past 10-20 years are from the affluent and near-affluent categories. So what he is saying isn't purely anecdotal.

 

[jb1020]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The same way we pay for free healthcare and free Teslas. Tax the 1%.

https://www.youtube.com/watch?v=Zmji36q8E4o

That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.

I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.

 

[flapgreen]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

Again, the average undergrad who borrows for a public university has $4,000 more in student debt upon graduating than 15 years ago. That doesn't sound like a huge problem to me.

The students that are being "killed" by student debt are the ones making very poor choices: borrowing large amounts to fund private undergrad degrees and/or impractical/overpriced graduate degrees.

That's fine that you have the 4k increase in student loan debt in last 15 years number but that couldn't be further from the things I've been around. Not even close to the changes I've seen. I'm sure you've got some sources for that but it doesn't apply to anyone I know. Very broad generalizations you have made on who's being affected significantly by student loan debt as well. Goes a lot further than poor choices in picking private undergrad and overpriced graduate degrees.

 

[Ookie Pringle]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The same way we pay for free healthcare and free Teslas. Tax the 1%.

https://www.youtube.com/watch?v=Zmji36q8E4o

That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.

I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.

The last few minutes are even better. She gets completely owned.

 

[Capella]

I'm typiclly an Independent, but more and more I'm hating the left - Don't get me wrong, I hate the right as well, but who the #### do these entitled ####wads think they are?

1000's of students march across the country for free college

I mean really, #### off. Glad my kids will have a leg up on all these self entitled doucchebags.

A few hundred students rallied on the campus of the historically progressive University of California Berkeley, and posted placards on the outside of a class building showing their individual student debt loads, ranging from just several thousand dollars to more than $100,000.

Read more at Reutershttp://www.reuters.com/article/2015/11/13/us-usa-college-protests-idUSKCN0T116W20151113#iB2614VplCU3jkfU.99

Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.

:rantover: Good luck with life idiots. The more moron proof we make the world, the bigger the moron we create!

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.

 

[fantasycurse42]

Not every protest is BS. Not everybody who protests is spoiled or undeserving. Lots of knee jerk reaction in here.

I think that for those college students below a certain income level, government ought to help out with the student loans, maybe eliminate them altogether. It shouldn't be for everyone. But it's time to increase the safety net.

By the government bailing out, do you mean taxpayers? If so, this is a great idea as basically every college student falls below a certain income level. Even though I've been very responsible with my debt and borrowings, I should bail out the stupid who didn't plan accrodingly, sweet!!

Who else should those who planned more effectively and appropriately bail out?

 

[fantasycurse42]

I'm typiclly an Independent, but more and more I'm hating the left - Don't get me wrong, I hate the right as well, but who the #### do these entitled ####wads think they are?

1000's of students march across the country for free college

I mean really, #### off. Glad my kids will have a leg up on all these self entitled doucchebags.

A few hundred students rallied on the campus of the historically progressive University of California Berkeley, and posted placards on the outside of a class building showing their individual student debt loads, ranging from just several thousand dollars to more than $100,000.

Read more at Reutershttp://www.reuters.com/article/2015/11/13/us-usa-college-protests-idUSKCN0T116W20151113#iB2614VplCU3jkfU.99

Huge shocker here... Let me give you something for free, I'll call it advice; Go to a local junior college for 2 years, transfer into a state school, work while you do it, and you can have a four year degree with almost no debt when you graduate.

Oh, you want to go to Cal Berkley? Great, I want a $3.5M brownstone - I won't buy one because the mortgage will have me on suicide watch, so I'll look at something that fits my budget, you #######s should do the same.

:rantover: Good luck with life idiots. The more moron proof we make the world, the bigger the moron we create!

Yea you're going to go real far in life with only that worthless AA degree and some half-### state school diploma.

Good news everyone, now is the time to unload your dumbest possible comment.

If you've been saving them up, pretty hard to compete with this one.

 

[RedmondLonghorn]

Student loans are killing the younger generation. Severely limiting their ability to put into the economy. It's just another crooked way for a few people to get rich.

Again, the average undergrad who borrows for a public university has $4,000 more in student debt upon graduating than 15 years ago. That doesn't sound like a huge problem to me.

The students that are being "killed" by student debt are the ones making very poor choices: borrowing large amounts to fund private undergrad degrees and/or impractical/overpriced graduate degrees.

That's fine that you have the 4k increase in student loan debt in last 15 years number but that couldn't be further from the things I've been around. Not even close to the changes I've seen. I'm sure you've got some sources for that but it doesn't apply to anyone I know. Very broad generalizations you have made on who's being affected significantly by student loan debt as well. Goes a lot further than poor choices in picking private undergrad and overpriced graduate degrees.

I have no reason to doubt what you say. I am looking at actual data. Drawing broad conclusions on anecdotal evidence doesn't always (or even usually) lead to the right conclusions.

Of course averages don't describe every situation; they are averages.

If you want to comb through some of the data on the broader trends, this is one of the better reports I have seen.

 

[Ditka Butkus]

If they can't afford college maybe they could join the military and earn the GI Bill or chose a job where they can work with their hands. Plumber, carpenter A/C, Electrician etc...

 

[fantasycurse42]

If they can't afford college maybe they could join the military and earn the GI Bill or chose a job where they can work with their hands. Plumber, carpenter A/C, Electrician etc...

This is another point I don't think anyone has mentioned... Doesn't the military offer great college reimbursements for those who served?

 

[Fennis]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The same way we pay for free healthcare and free Teslas. Tax the 1%.

https://www.youtube.com/watch?v=Zmji36q8E4o

That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.

I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.

The last few minutes are even better. She gets completely owned.

a news anchor was able to trip up a teenager on his TV show. sick burn.

 

[Ookie Pringle]

And yet many countries manage to not bankrupt a generation for an education more than one with completely free college. We compete with those countries but we will be losing if we are not producing the educated people we need. And lastly it would cost less for the US to just pay for it then the way we do it now.

How do we pay for everyone to go to school for free?

The same way we pay for free healthcare and free Teslas. Tax the 1%.

https://www.youtube.com/watch?v=Zmji36q8E4o

That mentality is ridiculous. She is so clueless and so many kids her age believe this crap.

I saw that this morning. Was coming in here to post the clip.

I honeslty couldnt make it thru but about 3 minutes of that video.

The last few minutes are even better. She gets completely owned.

a news anchor was able to trip up a teenager on his TV show. sick burn.

Yes it was considering she is leading this protest and she came across dumber than a box of rocks.