College cost increases go hand in hand with easy money from larger fiat money sources.
College Prices
- Thread starter Boomer
- Start date
You're right; it is not free. It is far better as it is an investment in our future.
I live in a great area patrolled by Police Officers and filled with professionals to support my needs.
If people cannot find gainful employment, things go south. Some turn to crime. Jails and prisons are expensive; crime is a huge burden on society, right?
Happy people are good people.
Education is such an incredible investment. Look at me; with my De Anza and San Jose State skills I pay more income tax than, well that's another story. Compare that to what I used to be; one of those burdens on society.
Education lifts and enriches societies. Just my 2 cents...
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And there more. Weekends have farmer's markets, there's entertainment, there's events. I regularly attend Cosmology lectures and more at several local schools.
Foothill College Astronomy Lectures are open to the public. It don't get much better.
It's like anything else in life. If people will pay, someone will take it.
College costs are what they are because people pay it. It's the way the world works. If you "buy the marketing" who is the fool?
There are many options available.
College costs are what they are because people pay it. It's the way the world works. If you "buy the marketing" who is the fool?
There are many options available.
In fairness the same thing happens in the private sector, in orders of magnitude greater amounts.
Major difference: private companies need to set salaries such that the company remains profitable. Government entities have the "limitless" taxbase to suck money out of.
That's a nice theory that does not play out in the real world. Many failing companies hand out golden parachutes to outgoing executives. Corporate boards where everyone sits on each other's boards. Private equity firms that buy up companies, extract all the value they can, then shut it down. The ratios of executive compensation to average worker salary are not supported by any sort of economic logic other than those with power using it to their own betterment.
All that said yes of course this plays out at the government level too. Corruption at all levels is unfortunately not being addressed very well in the current moment.
jeff
Yes true but we see every day it’s not sustainable in private companies
Look at the chart
Ready supply of taxpayers!
Interesting that you say that.
Back when the Dot.com explosion inflated the stock market, California politcians voted to change the retirement pension formula, increasing their payouts. Not long afterwards, the market crashed and the state was in big trouble, with hundreds of BILLIONS of debt, a signifant chunk of that because of employee pensions.
If you believe governmant workers make more than the private sector, then why don't more people work for the government instead of private?
Paging the Pelosi family
MANY do work for the government. And more would, but there are only so many jobs.
One of my golf buddies worked for the IRS, retired at 55 years old with a $8k/month pension, and a couple million in a 401k. He was a professional level worker, not even a manager. Yes, this is a government worker, not state level, but the state guys do basically the same. My old next door neighbor was a retired cop. He worked until 65, and was making $95k/year on his pension.
I doubt many. A degree opens doors. It doesn't mean competence, but regardless, doors open that would otherwise be closed. And most people with a degree are hard workers, with forward-thinking.
UC schools were like $1500 quarter, maybe a bit less when I went. CSU's around $500 IIRC
Sometimes a degree can open door sometimes not.
I know a guy with 2 masters degrees and struggling. He was expecting some corporate type executive position and working as a supply clerk at a hospital. In this economy knowing the right person helps.
Imagine if he put the same money in the stock market over the past 10 years…. ?
GON
$175 Site Donor 2026
They can take away your 401k, your land, your savings.... Your freedom... They can't take away your education.
Worked out super well for me, I never would have been able to earn what I did earn without the sheepskin.
