SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: benwood who wrote (51153)1/24/2006 2:05:54 PM
From: bond_bubble   of 110194
 
In my opinion the problem in infrastructure is of low priority. Meaning, let's say the govt does lot of investing in Universities so that the students pay 75% less fees.
but The bigger problem is that
1)Prof salary is lower than a computer programmer. What do you think he will do? Quit the job and go to industry.
2) There will be no research grants coming in as all industries have moved abroad. In other words, prof wont be able to make much money in R&D.
3) Students after study dont make much money either as all available jobs are in Walmart and McD!!!

This is the consequence of printing money!! The structural problem has seeped in!! Govt can invest to make sure students pay lesser and lesser fee (like 1 prof teaching 50-100 students) and at the end of it, the student doesnt get a job that gives security and good pay. The prof might get little more salary as he teaches 100 students, but he will have no time for R&D etc. I think there is a deep stuctural problem rather than investment problem. Congress seems to be insisting more money to be given to colleges, but I'm not sure that is the solution....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext