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 -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (30429)4/12/2005 3:05:17 PM
From: Roads End  Read Replies (1) | Respond to of 110194
 
Both my kids graduated last year, one from a private university and the one public. Both were lucky to get great jobs because of the fields they were in and because of their performance while in school. That is not the case for the majority of their friends graduating. It is sad but we are minting far too many 'ologists for which there is really not much need. The dumb ass kid may not have been left behind but he is still dumb and still can't get a decent job. So what else is new, it is just another maladjusted investment on which this country wastes its resources.



To: benwood who wrote (30429)4/12/2005 8:28:41 PM
From: Bill/WA  Read Replies (2) | Respond to of 110194
 
ben,
<<What irks me is that the debt bubble has encouraged colleges to keep raising tuition because there is almost no limit in what parents will pay (for now...).>>

I took a page out of my own "college" book (mostly screwing around), and applied it to my 2 daughters. I paid a portion of the cost but made them apply for every bit of financial aid they could get (in THEIR name). Proved to be a great incentive.
Oldest graduated 4th in her class at the U of Florida & has a masters in speech pathology. The other got a degree in education with a minor in mathematics...now teaches high math in high school. Both have paid off their loans.

Perhaps the time will come (again) as was years ago, when every student went into engineering which created an oversupply.

Perhaps the time will come when a trade such as plumbing, electricians, etc. will come back into mode...to repair the homes of the Wall Street elite, CEO's, government employees (that will still have their jobs). In other words, the hardest jobs to be exported.<G>

BTW, how's the Narrows Bridge coming along?



To: benwood who wrote (30429)4/12/2005 10:27:55 PM
From: Proud Deplorable  Respond to of 110194
 
The main reason tuition keeps going up is that our colleges are selling out our own kids so that foreigners can go to school in our country. This is simply disgusting and the government should step in and stop all foreign students that are not immigrants or citizens from taking up space in our schools. Just because foreign students can afford to pay more because of the low Canadian dollar does not make this right. We educate them and they go home and compete with us.
gnn.tv

Same with housing. The government needs to kill this housing bubble by banning the sale of existing residential real estate to non residents like they try to do in Australia (with only minor success) and other countries.
realestateinaustralia.com.au