College???
Value??
What would you say if you found out that those who didn't attend college were more likely to be debt-free and home-owners than those who did?
Judging by the low caliber of education college provides- indoctrination doesn't count as education- it is only a good deal if the financial burden is less than the future earnings.
Simple economics---even a Liberal should understand that.
1. It has been widely reported that
college student debt has been increasing in recent years as the cost of higher education increases at public and private institutions
and as more students enroll in postsecondary institutions.
In 2010,
student loan debt
— about $1 trillion —
exceeded the amount that Americans owed in credit debt and the cost of a college education increased at a rate greater than inflation over the past three decades. Nearly 6 in 10 (56%) of the recent college graduates in our survey
borrowed from a government program or private banking institution. Another 8% said they borrowed money from a parent or relative that they are going to pay back.
Where, exactly, does 'borrow' fit into the list of values we teach?
2. Upon graduation,
the majority of students (55%) owed $20,000 (median) to pay off the costs of their education. .... the median public college or university debt was $18,680 whereas private college debt was $24,460. Male graduates owed $5,000 more than female graduates ($25,000 versus $20,000). Recent college graduates enrolled in graduate and professional programs already owed $10,000 more than those who have not
pursued additional education ($20,000 versus $30,000).
3. One to five years since graduation,
most of the students in our survey have made very
little progress in paying down their debt. Only 13% have paid off all of their debts for
their college education; one in four has not paid off any of it, thus far (see Figure 10).
Four in ten who graduated in 2009, 2010, and 2011 reported that they yet to pay off
any of their debt. Compounding their financial challenges is the fact that nearly half
(46%) reported that they also have other financial debts, such as credit cards.
4. These findings are understandable given the labor market difficulties and
modest
earnings that recent college graduates are experiencing, as noted above. Just over
half were employed full time. Nearly one in four were either unemployed (6%), or unemployed and not looking for work (5%) or working part time and looking for full-time
work, (6%) or not working while attending graduate school (6%).
College graduates enrolled in graduate and professional education are
borrowing additional funds for tuition and living expenses and, with few exceptions, are
struggling to pay off their undergraduate debts.
Over 6 in 10 students enrolled in graduate and professional school have not paid off any of their debt.
5. The burden of student loans reveals its
impact in the lifestyle decisions made by
young college graduates (see Figure 11). More than one in four (27%) said their decision to
live with parents or family members was due to the need to save money that
could be directed to pay off their college loans.
Significant numbers of students are also taking
jobs they are not enthusiastic about so they can pay down their loans(25%) or delaying the further education that most think they will need (28%). Nearly one in five have taken a second job to help pay all their bills.
The debt burden is also influencing the decisions of
40% of our respondents to delay major purchases such as a car or house. Another 14% also reported that they are delaying marriage or other committed relationships due to their loan obligations.
6. Most recent college graduates are also
far from financially independent of their parents or other family members (see Figure 12). Family members are helping their young
graduates with basic necessities, such as food (22%), health care (15%), housing
(30%), and car payments (9%). Overall, 51% of the respondents to our survey get financial support from their parents or relatives.
7. TodayÂ’s graduates from four-year colleges are entering the labor market with a sense
of
insecurity about their preparation. While it is, of course, perceptual and they may
not have any way of actually knowing, half of them felt they are
less well prepared for
the world of work than was the generation before them. Just 28% felt they are better
prepared, and 21% felt that they are similarly prepared to the previous generation.
http://www.heldrich.rutgers.edu/sites/default/files/content/Chasing_American_Dream_Report.pdf
"Education" is a wholly owned subsidiary of Liberals, and the results are the result of Liberal policies.
Remember that, graduates.
. According to her university web page, Dr. Miller-Young’s “areas of emphasis” are “black cultural studies, pornography and sex work.” She appears to teach four courses: “Women of Color,” “Sexual Cultures Special Topics,” “Feminist Research and Practice,” and “Sexualities.” She holds a Ph.D. in “American History and History of the African Diaspora” from New York University. The title of her dissertation, a book version of which is forthcoming from Duke University Press, is “A Taste for Brown Sugar: The History of Black Women in American Pornography.” She has contributed to such organs as $pread, “a quarterly magazine by and for sex workers and those who support their rights,” Colorlines, a magazine with “articles concerning race, culture, and organizing,” and the New York Times, a paper that — well, you know. Dr. Miller-Young, again according to her web page, “has won several highly regarded grants and awards,” possibly for her contributions to C’Lick Me: A Netporn Studies Reader and The Feminist Porn Book: The Politics of Producing Pleasure.
