Debt: Liberal vs. Conservative

Discussion in 'Education' started by PoliticalChic, Oct 27, 2011.

  1. PoliticalChic
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    PoliticalChic Diamond Member

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    Liberal way of dealing with colleged debt...government:
    1. Reporting from Washington — President Obama will make student loans easier to repay for millions of borrowers without adding to the national deficit, his administration said Tuesday. Obama to reduce student loan debt payments - Los Angeles Times


    The conservative way, personal responsibility:
    2. The College of the Ozarks — a four-year college since 1965, and rated No. 30 by U.S. News and World Report among Midwestern colleges offering both liberal arts and professional degrees — is one of seven so-called work colleges. Six describe themselves as Christian institutions and often, like Ozarks, are socially and politically conservative.

    3. Like many undergraduates, students at the College of the Ozarks here work their way through school, though they often do such unconventional campus jobs as milking cows at dawn in the college’s barns and baking fruit breads for sale to donors.


    4. But what is truly different about Hard Work U. — as the college styles itself — is that all 1,345 students must work 15 hours per week to pay off the entire cost of tuition — $15,900 per year. If they work summers, as one-third are doing this summer, they pay off their $4,400 room and board as well. Work study is not an option as it is at most campuses; it is the college’s raison d’être.

    5. This is a college that is philosophically opposed to students starting careers with an Ozark mountain of debt — 95 percent graduate debt free — and it believes that students who put sweat equity into their education value it more.

    6. “I find I take more pride in doing well in class when I know I’ve washed dishes to be able to take that class,” said Sarah Ledoux, a sophomore from Deridder, La. Other students make similar remarks on this campus, spread across a thousand acres of the hardscrabble hills and hollows of southwestern Missouri. Those students and the college’s longtime president, Jerry C. Davis, think the up-by-the-bootstraps credo is one that more campuses should adopt. Too many parents, they say, think children should focus only on the “full college experience” of classes, clubs and sports, and be spared the economic realities or have those realities postponed through loans. Fight Song at Ozarks: Work Hard and Avoid Debt - New York Times


    7. “In the world of higher education, CO– as we shall call it in this blog anyway – is a true anomaly. The students graduate with virtually no student loan debt, which is pretty much unheard of these days….Now, it’s very clear that the College of the Ozarks isn’t for everyone (I’ll be honest and say that it isn’t for me). But there could be some variations on this model and some lessons to be learned.

    8. CO is a worthwhile case study on how to depart from the traditional university model. And to the people out there that claim that academic prestige, faculty quality, etc. all suffer when you go down this path…..think about this. The University of the Ozarks just became a four-year college in 1965. But it already ranks no. 30 by U.S. News and World Report among Midwestern colleges offering both liberal arts and professional degrees. They must be doing something right.” College of the Ozarks: A New Model?


    So...perhaps government isn't always the answer.
     
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  2. AngelPreto
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    AngelPreto Rookie

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    The difference between liberal and conservative is that the liberal belives in the perfectibility of man while the conservative has a human limitation.
     
  3. editec
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    editec Mr. Forgot-it-All

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    15 (hours per week) X 32 (weeks in a college school year) = 480 hours work

    $15,900/ 480 = $33.125 per hour.

    FYI,

    $33.12 x 2000 (a full time year's work) =$66,250 a year

    Pretty damned good compensation for milking cows, isn't it?
     
    Last edited: Nov 17, 2011
  4. PoliticalChic
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    PoliticalChic Diamond Member

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    Why...?

    You don't get that much?

    Maybe you aren't that good at it......warm your hands!
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Money shot:

     
  6. PoliticalChic
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    PoliticalChic Diamond Member

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    Let's see if I can convince you to buy this theory:
    1. All colleges could approximate this model....but there would have to
    be no government money unbalancing the system. Americans give
    lots to charity, and deserving students would fit that bill.

    2.Higher education costs have grown as least as fast as
    healthcare costs...but the Left hasn't sounded the tocsin
    as they did with healthcare.

    3. The reason? They want to control the healthcare industry, and the
    Left already controls the universities.
    That's were they get their shock troops, and support, and the old age home
    for pols. And political contributions. Doctors contribute to the Right.

    So....ya' think?
     
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  7. Luissa
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    Luissa Annoying Customer Supporting Member

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    So they are teaching them to expect higher pay for a job that in the real world doesn't pay that well?
     
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  8. Luissa
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    Luissa Annoying Customer Supporting Member

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    Kind of sounds like socialism..............

    College of the Ozarks - Wikipedia, the free encyclopedia

    It sure doesn't sound like capitalism to me, but who knows.
     
  9. Luissa
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    Luissa Annoying Customer Supporting Member

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    College of the Ozarks - Wikipedia, the free encyclopedia

    I thought this was interesting on wikipedia.
     
  10. Luissa
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    Luissa Annoying Customer Supporting Member

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    They should also mention it was created in 1906, became a four year school in 1965. ;)
     

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