Rank #12011 on CommentsLevel 202 Comments: Comedic Genius
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#113 - HobbsBear (05/28/2016) [-]
Now, this is just my personal opinion, I'm not saying it's right or wrong. Bernie Sanders supporters have the personal opinion opposite mine, and I'm not saying THAT'S right or wrong.
But personally, I would first start by bringing down our national debt. Not a lot, because that is actually a very helpful economic stimulus package on a global scale, but enough to bring it to a more manageable level. Next I would like to see more research grants available, as well as an increase in student loans, but a DECREASE in loan rates (more capital = a larger ability to give at a cheaper rate). I would also like to see some funding for any bureau auditing a school, and have public university's tuition be more closely monitored for fraudulent activities such as using federal student loans to force a tuition inflation (if more students can can afford to go to school, then that school is now selecting the same # of students tuition wise, but from a larger pool, and so they become more 'selective', and so they can charge more for tuition. This happens at every school as a way to maximize profits. I just want to end off by saying that the fact that a public schools tuition out of state rivals that of any given private school is deplorable.
#124 - HobbsBear (05/28/2016) [-]
So long story this is a high school understanding from a Comp. Sci. major, don't quote me on this, and anyone feel free to correct me short when the U.S. dollar stopped being backed by gold, we essentially allowed ourselves to just print more money, and kind of borrow against the future earnings of the government. The deficit is basically a measure of how far behind we are and how much money we owe on a global scale. The way to bring down the deficit is to A) Raise taxes, and B) Cut spending. Essentially, we spent 50 years spending on credit, and now we need to spend a while saving back up.
#123 - sacrilegious (05/28/2016) [-]
I am not knowledgeable enough about economics to comment on the debt part. I haven't seen any schools behaving like you have described, most schools raised tuition recently so that they can make up for budget deficits carried by their states after the 2008 recession. Schools are becoming more selective because people are applying to more and more schools, both because of external pressures to go to the best school and to see which school would give them the most money. It's a nasty feedback loop for sure, but schools are raising tuition because they are making up for a loss of state money by replacing it with federal (DOE) money. Secondly, schools don't "maximize profit," point me to a single public university that profits off anything.
#126 - HobbsBear (05/28/2016) [-]
I got u bro.
First up, student loans do in fact contribute to inflation, but agreed, they are not the sole cause of it. SAUCE
While agreed, schools do not necessarily get analyzed on their profit margins, but they get around it in other ways. For example, a professor can be fired for not earning enough research grants, and of the grants that the professor DOES get, the University generally takes a large portion of it, 50% in the case of the professors at the Criminal Justice college at my University. The more money a University earns, the more money it has to spend to maintain it's non-profit status, and so the money goes into the bonus's for the presidents and board members. The fact that the people who control the tuition rates have a vested interest in raising revenues is really the heart of that issue.