Quote:
Originally Posted by jorgelito
What's wrong with loans? State schools are another cheap alternative too.
-----Added 10/9/2008 at 12 : 38 : 21-----
The problem is you cheapen education really. As it is, college degrees in the US are diluted. It's not worth much these days. You have to have a Master's to be competitive unless you have a useful degree in a hard science or accounting/business/finance.
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Loans are somewhat of a problem. Here, our state schools have risen tuitions faster than the private schools and have cut drastically the scholarships. It's not lack of state funding or their raising the bar on education..... it's the loans. They know they can charge the maximum allowed and a school like Akron that is nothing more than a city college with very little prestige.... but they charge upwards of 10,000 just in tuition, room and board is almost as much. Meanwhile they have taken advantage of "eminent domain" and took over a few blocks of housing including some landmark housing and destroyed them to build a multi-hundred million dollar football stadium that doesn't need built. The Rubber Bowl is quite nice for this city and could have been refurbished for far less. They have and are in the process of spending another couple hundred million to build new dorms and buildings.... meanwhile most commute to the college and have to max out their loans while services are going down.
It's all about the money they can get not about educating the students and helping them get good jobs outside. I remember 20+ years ago one of the biggest selling factors at the colleges {state and private} I looked at was who they could bring in to recruit graduates and placement in good paying jobs. That was part of the price in going to college, having them help you get connected and employed. I don't know about elsewhere but Akron doesn't have any program like that anymore.... their excuse "no money".
So, I would propose far more than tax credits and more money in loans, that just leads to tuition increases. I would propose making colleges do what they are supposed to do. Teach, help kids transition from home to responsibility, and provide students hope for the future not a useless degree with no help getting a job and bogged down with loans they can not pay. I would propose that colleges that want sports and want fancy stadiums, need to build them on funds from those sports and not on tax monies or tuitions.
Anything else would be an injustice to those students and the families attending those schools.