Friday, February 5, 2010

Soon: No More Affordable College Education Equals More Unemployment

According to the US Census, college enrollment has increased 17% between the years 2000–2008 alone. At the same time enrollment has increased so too has the cost of attending a college. Forbes magazine highlighted, “College tuition has increased by more than three times the rate of inflation for the last 20 years, despite U.S. wages flat-lining since 2000.” In the past year the Huffington Post broke it down more specifically stating, “Average tuition at four-year public colleges in the U.S. climbed 6.5 percent, or $429, to $7,020 this fall as schools apologetically passed on much of their own financial problems to the students and at private colleges, tuition rose 4.4 percent, or $1,096, to $26,273 from 2008–2009 alone”

The tightening squeeze on University budgets is already beginning to spiral out of control. On November 19, 2009, the University of California, Los Angeles announced a 32% tuition hike if passed would raise costs from $7,788 to $8,373 by Winter Quarter and to $10,302 from summer 2010 through the following academic year. This news was met with an unpleasant reaction from the student body. In the wake of the announcement, students clashed with campus police bordering close to an all out riot leading to the arrests of at least 14 university student protesters.

Perhaps the greatest threat to the university establishment, or how Trend’s Research Institute director Gerald Celente aptly coins it “The University-Industrial Complex,” is the rise in alternative outlets for education. Rather than becoming subservient to bloated tuition fees and useless curriculum requirements, alternative education puts the student in the driver’s seat. Online College has exploded with opportunity and innovation through out the last decade. Major institutions such as the Massachusetts Institute of Technology regularly post lectures of some of their advanced science courses. Popular media sites such as YouTube put the individual in the driver’s seat providing a gateway of an endless array of instructional, educational, and informative video content.
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10 comments:

  1. College is a waste for 75% of the people that attend. It churns out drones. Independent thought is replaced by people rewarded for being parrots.

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  2. College professors that exposed the government lies of 9/11 were banished or censored. It is a place of control, not learning outside the bubble. Teachers have all the freedom to teach real facts here as they do in communist China.

    Even those that pursue a medical career must adhere to FDA-Corp truth, which is no truth at all.

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  3. Since kids are programmed to go to college so now we see it as totally unaffordable. This puts more kids on the streets, they might learn more now and thats good. They will learn how to hunt, fish, build a fire, shoot a gun, grow food, beg etc. I see this might not be so bad after all, the next generation may just survive! Good idea Feds, you may have screwed up on this one.

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  4. College has degraded into a mass consumer activity designed to maximize profits to the education industry. Consider the cost of a required textbook, which on Amazon will cost $25 new, but in the college ciriculums students will be charged three times this price for the "required" edition, which by the way, will be obsolete next year. Then there are the trash charges: "student fees" "enrollment fees" "activity fees" "parking fees" "sports fees", on and on - what a scam! All this on top of yearly tuition which keeps increasing year after year despite the incredible advances in extremely affordable digital content, networking, communications, storage, etc. (This is yet another example of how new technology claims are just bullsh*t.)

    The coming currency crash will turn back the clock sixty years on higher education.
    After the college demographic is finally squeezed of it's last debt-based dollar, expect to see the military draft fill in the vaccuum.

    ReplyDelete
  5. Not a Vatican player haterFebruary 5, 2010 at 2:40 PM

    Well, if you think about it, all those Phd's walking around campus getting paid six figures or close to it to compete with industry equate to a large chunk of change, on top of that you have quite a large list of employees, facilities, and services with all its myriad costs. That is not to defend the institutions, which I think are dogmatic and still WAY TOO EXPENSIVE. State funded universities are still for-profit institutions. They churn out people primarily for the work place. When all is said and done, one could just as easily form a study group and learn as much or more than what is force fed through the learning process.

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  6. Your degree won't be for employment, it will be for your best shot at unemployment benefits.

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  7. I got tired of the college professors pushing their global warming socialist ideology all the time in class...

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  8. College degrees might be ok if you went to college and learned to do something. You actually go to spend yourself into hopeless debt for a piece of paper that says you have a degree.
    In the past this piece of paper had to be shown before you were even considered for anything above a floor cleaner. Now, with college degree people clamoring for even a minimum wage job of some kind, the cost and paper kinda begins to taste of the keg.
    So to sum it up:
    Prior to say 2007, the paper got you in good somewhere.
    2007 to now--worthless, you did it for nothing. You were only "buying" a chance to get a job that paid above the minimum wage.
    Sorta stupid all the way don't you think?

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  9. This problem will eventually sort itself out...especially if we get rid of government-backed student loans - which just give people more and more money with which to bid up tuition prices...and put themselves into more debt...which they can't pay back...

    Regardless of such loans, at some point, students simply will NOT be willing to pay the rising costs because the cost-benefit just won't make sense.

    It's a cycle similar to what happened in housing. When will it burst? I have no idea.

    ReplyDelete
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