Replies to post #25826 on The Rising Influence of Rising Affluence

[n4807g]

OT: And the Universities and Colleges have no risk in the game, so they really have no incentive to operate efficiently. I can't think of a better business model.....always get paid without risk of loan defaults....beautiful.

[10nisman]

OT

10nis... What loan can you obtain without the lender determining your future ability to re-pay?

What should we do? Do you not want smart, hard working, driven kids from poor families maximizing their abilities? Pretty much everyone that posts on this message board is old and paid very little to go to school. My summer jobs, part-time jobs during school and a couple of scholarships paid for all of my schooling (undergrad and masters) from a top business school. But now you want to put your foot down and say sorry, maybe next life you'll be born into a wealthy family... go to junior college and make the most of it. I'm a big proponent of making sure kids are able to attend the best school they get into and I'd be happy to pay more in taxes to do such. Also, there is nothing stopping you from sponsoring kids... I've done it for the past eight years.

Kids are spending over $200k at NYU to obtain a $30k Social Service job. Unreal. The governments spending has turned this into a dumpster fire.

You now have an issue with Social Service jobs? Should there also be no social workers or teachers because the economic ROI isn't good or not nearly as good as if they selected some other field like finance or computer science?