Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (8396)	12/20/2004 12:16:23 PM
From: whitepine	Read Replies (1) \| Respond to of 11633

EP, Reasonable point. However, I think the conventional wisdom is that public expenditures on education benefit the public. I tend to disagree. Socialism doesn't foster appreciation by the recipients. Most students have no idea about sacrifices that elderly people make to pay property taxes just so Johnny can play soccer, football, swim team, etc. I have never read a study that shows are strong correlation between public spending on education and economic growth or public benefits. In this respect, the public is foolish to pay for education for two reasons. First, the public receives no direct benefit, at least in proportion to the sacrifice of their tax 'contribution.' Second, the benefits of higher education (higher incomes to those who obtain the degrees) should be born by those who receive the benefits. To this end, I think students should pay for all educational expenses beyond high school. If they don't have the resources, loan them the money.....and let them pay it back throughout the course of their lives. The effect, beyond reducing our immediate tax burden, would be to create an incentive for each student to take academic work much more seriously. If a student needs additional time to mature, etc., fine. We won't have to pay for their extended adolescence. Few students will study basket-weaving, modern art, etc. Cheers, wp