Quick! Someone call Krugman so we can blame this on the free market.
It is the absence of a free market that is the problem with student loans.
Quick! Someone call Krugman so we can blame this on the free market.
It is the absence of a free market that is the problem with student loans.
I graduated with my MBA from the University of Texas in the Summer of 1992....why does that same degree cost 10X as much only 20 years later? Your not even getting the same quality of education anymore. Where is the cry for windfall profits on the educational institutions? This increase is not mere inflation especially considering Obama tells us there is no inflation.
Over 200 "administrators" are making 200k+ at my school. No one really knows what the fuck these glorified paper pushers are actually doing.
Probably going to out of town/country seminars on the schools dime.
The wonderful thing about many people who have jobs and make good money is that they look down on those who don't. This happens because they have no real self worth and judge worth as though it had something to do with money. Some of them life will kick in the teeth.
Stupid fvckers. They got degrees that are useless to the soul nor shall they enter the kingdom of heaven. On a pig farm the biggest pig wins. What a victory. Good thing pigs don't know they're pigs. Pigs are loaded with pig pride. But nobody can be blamed because all we've ever know is pigs.
masters... in graphics design?
that seems like the sort of thing that would be covered by an apprenticeship or something.
This is really not the student's fault. One of my employees is currently looking into fashion design. The job description for this major at the school she's attending is quoting a $48K to $60K starting salary, and that you can complete the degree in as little as 1 year. Fast track to big payoff. Who wouldn't want that. But when reality hits them when they graduate? Sigh... I wish I can offer all my employees more money for all they've gone through and all they're currently going through to achieve their "dream" only to be disappointed.