Tuition cost (2007) at public colleges averaged around $6,000, at private colleges almost $23,000. Room and board adds another $6-12,000. (These amounts do not reflect the $8-17,000 taxpayer funds.)
Scholarships, grants, student aid and other programs are available to reduce tuition. In some cases, assistance can reduce room and board costs. The banks, lending institutions and others involved with student loans try to make the information and procedures as secret and confusing as possible.
Why? So they can make huge profits from fees, charge outrageous interest rates and collect “kickbacks” and bribes.
Once upon a time, the main functions of schools was to teach students to read, write, do mathematics, learn science, history and other skills needed to succeed and become useful members of society. To pay for college, young people would work and they and their families would save.
Colleges today have changed. Many have become playgrounds that emphasize “politically correct” subjects, questionable “life skills” and fail dismally at preparing students to become useful productive members of our society.
Colleges today are a source of huge profits. Loan officers get kickbacks. College Administrators, Coaches, Fund Raisers, Lobbyists, etc. get inordinate amounts of money. College teachers make a lot of money by requiring students buy very expensive books for which they receive “kickbacks” and other fees.
The people who make the most money from education are the teacher union officials and the politicians. They get bribes, handle teacher pension plans, hand out contracts, collect taxpayer money, etc.
America has the most expensive education system in the world. Aside from a few exceptions, America’s educational system is substandard in relation to most of the developed nations and is failing dismally.
In America it is estimated that only 20% of every dollar allocated for education goes for education. The rest is stolen or wasted.
By every estimate, college costs are vastly inflated. The banks and other lending institutions that make Student Loans have received Government “bailout” money.
So …. Do you make student loan payments? Why?
A lot of the student costs incurred are a result of inflated expenses, theft, fraud, criminal activity, corruption and the stupidity of the borrowers.
As a result, many students (and their parents) stopped making payments on their loans. They advocate that all students send the payment requests, bills, etc. to their Congressmen/women.
Also … Bumblebee Tuna reduced the size of their 8 ounce can of tuna which was only 6 ounces to 5 ounces. That is a 16.6% increase in cost.
Q. Why did they do that?
A. Because they are greedy and the American consumer is stupid.
What can we do? Boycott Bumblebee Tuna and products produced by Bumblebee.
Tuesday, May 12, 2009
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