The significance of this understanding cannot be overemphasized. For years Hispanics have exercised little influence in U. Still, the numbers do not reflect the Latino potential and the Latino turnout rate does not come close to that of other groups.
Remember the housing meltdown? The formula for the housing boom and bust was simple. That money was then spent on homes with the expectation that the price of the home would go up and it could easily be flipped or refinanced at a profit. As long as prices kept on going up, everyone was happy.
And prices kept on going up. And as long as pricing kept on going up real estate agents kept on selling homes and finding money for buyers.
Until the easy money stopped. First sales slowed, then prices started falling and then the housing bubble burst. We know the rest of the story. We are still mired in the consequences. Can someone please explain to me how what is happening in higher education is any different?
Its far too easy to borrow money for college. Did you know that there is more outstanding debt for student loans than there is for Auto Loans or Credit Card loans? The 37mm holders of student loans have more debt than the mm or so credit card owners in this country and more than the all of the debt on cars in this country.
While the average student loan debt is about 23k. We freak out about the Trillions of dollars in debt our country faces. The point of the numbers is that getting a student loan is easy. You know who knows that the money is easy better than anyone?
The schools that are taking that student loan money in tuition. Which is exactly why they have no problems raising costs for tuition each and every year. Raise prices and easy money will be there to pay your price. Right now there is a never ending supply of buyers.
Its the collegiate equivalent of flipping houses. In fact they will realize that college may be the option for fun and entertainment, but not for education.
Prices for traditional higher education will skyrocket so high over the next several years that potential students will start to make their way to non accredited institutions.
As an employer I want the best prepared and qualified employees. I could care less if the source of their education was accredited by a bunch of old men and women who think they know what is best for the world. I want people who can do the job.
I want the best and brightest. Not a piece of paper. The competition from new forms of education is starting to appear. Particularly in the tech world.
Online and physical classrooms are popping up everywhere. They respond to needs in the market. THey work with local businesses to tailor the education to corporate needs. In essence assuring those who excel that they will get a job.
All for far far less money than traditional schools. The number of people being prepared for the work world in these educational environments is exploding.Get The Wall Street Journal’s Opinion columnists, editorials, op-eds, letters to the editor, and book and arts reviews.
The best opinions, comments and analysis from The Telegraph. In-state NC State students pay nearly $9, in just tuition and fees every year; no student needs to be reminded that college is expensive. Adjusting for inflation, the cost of tuition and fees at public universities has nearly doubled since , making higher education increasingly inaccessible to .
Let’s say a college athlete was paid $, a year. As an employee, an athlete would have to pay taxes — about $23, for income tax and around $6, for state tax, a total of $30, Sep 13, · A new home could be had for $36,, an average new car for $4, Attending a four-year private college cost around $2, a year: affordable, with some scrimping, to even median earners.
Online Bachelor’s Programs Pursuing a bachelor’s degree online is a great option for students who are returning to college but are uninterested in more traditional campus life.