Watch: Neil Cavuto Calmly Destroys Liberal Student Demanding 'Free' College For All

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realibrad

Lifer
Oct 18, 2013
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How much is Medicare Part D ban on government negotiating drug prices costing us? Big Pharma is gouging the taxpayers so that one course of treatment can cost more than free college for one or two people.
How much are tax cuts at the top costing us? Estate tax cuts? Etc.
How much are we blowing on F35, which is looking like a dud?
We have money, and paying for free college is a good way to use it.

Yes yes, that is what I am asking you. How much money do you expect to get from those things. You are saying they are wastes of money and I agree with what you said as the programs are costing money. I clearly said I was agreeing to speed things up.

So, do you actually know the math, or are you speaking in generalities just like what the Rs do?
 

senseamp

Lifer
Feb 5, 2006
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Yes yes, that is what I am asking you. How much money do you expect to get from those things. You are saying they are wastes of money and I agree with what you said as the programs are costing money. I clearly said I was agreeing to speed things up.

So, do you actually know the math, or are you speaking in generalities just like what the Rs do?

US spends 18% of GDP on health care. Developed countries spend 10% to get similar or better results. 8% of US GDP is available to be cost-optimized out of health care spending. That's $1.3 Trillion per year. Average college tuition is $10K per year. So we have money to send about half of Americans to college every year, but just cleaning up our health care system. OK, now you do your math.
 

HamburgerBoy

Lifer
Apr 12, 2004
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My mom left college with a masters degree with $10k in debt. Today that would likely be over $100k. That is 5x over inflation!

Depends on the degree. My M.S. in biochemistry at a cheap public university was fully covered by working as a teaching assistant.
 

senseamp

Lifer
Feb 5, 2006
35,787
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I like the level of butt hurt out of you because of me pointing out Hillary not giving a shit about your list.

This thread is not about Hillary, but you insist on hijacking it for no apparent reason, just because you can't control your HDS. On to my ignore list you go.
 

Meghan54

Lifer
Oct 18, 2009
11,529
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From what I've gleaned, it was estimated that undergrad tuition costs were roughly $47B a year, currently. And this is the college that's being talked about, not all college tuition like advanced degrees. Just undergrad.

Now, how to pay for it?

Well, a 40 percent tax rate would produce $55 billion in extra revenue in its first year if the tax increase were limited to just the 115,000 households in the top 0.1 percent.
 

master_shake_

Diamond Member
May 22, 2012
6,430
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reduce military spending
raise taxes
close tax loopholes

There would be a glut of money if we could only manage to do those 3 things

but what about all the people who work for the military industrial complex?

they lose their jobs.

why do you hate the middle class?

:D
 

Genx87

Lifer
Apr 8, 2002
41,095
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This thread is not about Hillary, but you insist on hijacking it for no apparent reason, just because you can't control your HDS. On to my ignore list you go.

Damn son, the rage is strong within you. I had no idea you have such a thin skin about voting for Hillary to put me on ignore. Whatever will I do without your shallow responses going forward?

This thread isnt about Republican party either there bunkie. But that didnt stop you from bringing them into the conversation. Do we need a safe zone for you?
 

master_shake_

Diamond Member
May 22, 2012
6,430
291
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discretionary_spending_pie,_2015_enacted.png


how many kids can go to college for 600 billion dollars?
 

HamburgerBoy

Lifer
Apr 12, 2004
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From what I've gleaned, it was estimated that undergrad tuition costs were roughly $47B a year, currently. And this is the college that's being talked about, not all college tuition like advanced degrees. Just undergrad.

Now, how to pay for it?

Well, a 40 percent tax rate would produce $55 billion in extra revenue in its first year if the tax increase were limited to just the 115,000 households in the top 0.1 percent.

What do you think happens to the number of people that want to go to college when suddenly it's free?
 

Genx87

Lifer
Apr 8, 2002
41,095
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What do you think happens to the number of people that want to go to college when suddenly it's free?

Come on now, don't bring any of that stinking market forces into the conversation. We can spend 600 billion on college and allow everybody to go for free and no demand will increase. When the federal govt pays for it the cost of tuition wont rise neither. Just ask the states and how under control their education budgets are for K-12.
 

waggy

No Lifer
Dec 14, 2000
68,145
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discretionary_spending_pie,_2015_enacted.png


how many kids can go to college for 600 billion dollars?

NOT all of them

I'm all for free college. I hope one day to see it happening. BUT the time is not now. we just can't afford it.

What i would love to see happen. though i know won't.IS for the the government put a cap on how much it cost. Right now kids are spending over 100k for a 30k job. then paying a TON on interest on it. IF they did this then the cost would drop to where they could pay for it.

Also come up with more state schools. IF they drive out for profit college's then that's fine.


Taxing the rich ain't going ot do it. they will just move.

the whole government needs to be redone. IF we fixed the corruption, greed and waste. i wonder how much we would save?
 

OutHouse

Lifer
Jun 5, 2000
36,413
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You could send every kid in the country to college and have enough left over to do every single infrastructure project.

Colleges see a even bigger blank check, tuition shoot to the moon.

this is one of the reasons tuition are so high now. Guaranteed student loans. hell the colleges don't care that their rates are obscene, (gotta keep paying those 5 million dollar football coach salaries...) they are getting paid by, let the students and eventually the tax payers pay back the government.
 

JSt0rm

Lifer
Sep 5, 2000
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if we are spending 600 billion instead of 70 billion wouldn't that account for the market shift? Or did you guys assume everyone thought we would keep the 70 billion infrastructure and try to cram 600 billion thru it?
 

realibrad

Lifer
Oct 18, 2013
12,337
898
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US spends 18% of GDP on health care. Developed countries spend 10% to get similar or better results. 8% of US GDP is available to be cost-optimized out of health care spending. That's $1.3 Trillion per year. Average college tuition is $10K per year. So we have money to send about half of Americans to college every year, but just cleaning up our health care system. OK, now you do your math.

One of the biggest reasons that other countries spend less is due to the fact they do far less. The US system gives the incentive to do every test for anything. If you were to do all the things typically done in the US in their system, then you would spend just as much if not more. Why not pay $10 extra for a specialist who will do more tests. The specialist has far more student debt and charges the insurance company more as his cost is higher as he had to do more schooling. Couple that with the extra tests, and there is far more than $10 extra there, so we all pay in higher premiums.

Now, lets get to the numbers that you posted. If you could somehow capture all the savings benefits of other countries, and then take 100% of those savings and put it toward college costs, then you could in theory cover those in college now. That is not possible at all, as you cannot just force a change that big in a reasonable time. The cost difference is not because they have price controls, the difference is in what is done in the system. Not the care, but all the extra things we do in the US system that gives no benefit. Well, unless you look at end of life care. In the other systems they simply let the people die as painless as possible, but thats a whole different issue.

So, even if you could get the US onto one of those systems, it would be years and years, so maybe a long term goal, but nothing that would happen in say the next 10 years.

Now, the average cost of a year being $10k. Of the 1.3 trillion debt, that did not only go to tuition. The average instate college tuition for a public college was about 10k.

Colleges often report a combined tuition and fees figure. According to the College Board, the average cost of tuition and fees for the 2015–2016 school year was $32,405 at private colleges, $9,410 for state residents at public colleges, and $23,893 for out-of-state residents attending public universities

So, to get to your figure, its actually not the real average. Its just the average cost for an instate student at a public school and does not cover any other school costs. Remember to add about $1,200 for books and supplies.

So, I would assume that the programs you listed are also not growing in terms of expense at the same level as college tuition either. So, tracking the trends you would need to find more an more money to pay for this.

Also, I would assume you would not cover the typical cost at a private school, so we would need to build a lot more public colleges. So, its not just tuition costs, its also fees and new school costs, and teachers costs.

It quickly starts to add up to a lot more than 1.3 trillion. I don't see where you get that money from either.
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,947
126
Colleges see a even bigger blank check, tuition shoot to the moon.

this is one of the reasons tuition are so high now. Guaranteed student loans. hell the colleges don't care that their rates are obscene, (gotta keep paying those 5 million dollar football coach salaries...) they are getting paid by, let the students and eventually the tax payers pay back the government.


All those private schools would still exist. This is for PUBLIC COLLEGE. If anything it would make them have to charge less because there is a free option.
 

HamburgerBoy

Lifer
Apr 12, 2004
27,112
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your right. It would be too many educated people.

Attending college doesn't necessarily make you educated. Just look at the ~half of students that drop out before completing their degree. Germany can do it in part because they have half the number of college graduates per capita, which is ensured by more rigorous examinations to get into college. So do we...

1. Allow sub-par students a free ride, potentially by feeding them through diploma mills to make room for packed quality universities, to increase our number of "college educated" students even further?

or

2. Restrict those students entirely from ever setting foot in college, actually decreasing our number of college graduates, while giving the above average students a free ride?
 
Feb 16, 2005
14,030
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Attending college doesn't necessarily make you educated. Just look at the ~half of students that drop out before completing their degree. Germany can do it in part because they have half the number of college graduates per capita, which is ensured by more rigorous examinations to get into college. So do we...

1. Allow sub-par students a free ride, potentially by feeding them through diploma mills to make room for packed quality universities, to increase our number of "college educated" students even further?

or

2. Restrict those students entirely from ever setting foot in college, actually decreasing our number of college graduates, while giving the above average students a free ride?

Just the elites get the free ride, gotcha.