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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (275654)	2/20/2006 10:09:41 AM
From: combjelly	Read Replies (1) \| Respond to of 1574683

"Hopefully his children will see that highly paid labor jobs are going away and they will get themselves into college." That may be a non-trivial exercise. State and federal funding for higher education is being cut back, leading to higher tuition and fees. In addition, the student loan program is being cut back, Perkins is going away totally, and opportunities for grants and scholarships are limited. The first time I went to college, I qualified for a Basic Educational Opportunity Grant and a scholarship, which helped a lot. My grades and scores were good, and my parents income placed us firmly below the poverty line for a family of 4, and we had 5. As near as I can tell, the BEOG program doesn't even exist any more. And tuition and fees were a lot less in those halcyon days. These days, starting under the poverty line presents a real chicken and egg problem with respect to going to college.

To: Elroy who wrote (275654)	2/20/2006 12:03:55 PM
From: Road Walker	Read Replies (1) \| Respond to of 1574683

re: I hear you, and its painful for them, but I think labor is going to experience deflation for our entire lifetime. You can't avoid that with 2.2 billion Chinese and Indians entering the world labor market. Not all labor jobs are exportable; in fact not most. The other pressure is from illegals, willing to do the really lousy jobs for lousy pay. Without the illegals, Americans would be willing to do the really lousy jobs, but with commensurate pay and benefits. John