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Author Topic: $23k in financial aid and they still want another $18k a year [Locked]
reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Koneg posted:

I guess you skipped the course in college that tells you what happens to an economic system when you suddenly inject a lot of easily obtainable cash into it?

Oh Oh I know - the money trickles down?


 

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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Koneg posted:

Yukishiro1 posted:

Real costs paid by middle class parents to send their kids to fancy private 4 year colleges have not changed all that much.

Uh, I don't really know how to respond to such silliness.



You are going to have to use smaller words Yuki...

 

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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
Groucho48  3 stars
Posts: 821
Registered: 2003-10-22 03:00:14
Quote:

I guess you skipped the course in college that tells you what happens to an economic system when you suddenly inject a lot of easily obtainable cash into it?



Why, many low cost options spring up to take advantage of the large supply. Isn't that how markets work?

 

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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Groucho48 posted:

Quote:

I guess you skipped the course in college that tells you what happens to an economic system when you suddenly inject a lot of easily obtainable cash into it?



Why, many low cost options spring up to take advantage of the large supply. Isn't that how markets work?

Exactly how markets work...

Just look at the oil industry. We give them tons of cash, we give them tons of tax exemptions, we give them tons or permits and land and in return we get super cheap gas.

 

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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
Akza  2 stars
Posts: 271
Registered: 2002-9-8 18:02:25
I thought conservitards and libertards enjoyed watching the market work.

Demand is up for college educations, so they charge more. Many campuses are hitting record high attendances.

No one is "forcing" you to go to college.

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Koneg posted:

Yukishiro1 posted:

Real costs paid by middle class parents to send their kids to fancy private 4 year colleges have not changed all that much.

Uh, I don't really know how to respond to such silliness.





Now put a data point for housing and healthcare and the correlation will be quite enlightening

 

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Szerek  2 stars
Posts: 338
Registered: 2000-8-8 09:26:09
reesescups posted:

Koneg posted:

Yukishiro1 posted:

Real costs paid by middle class parents to send their kids to fancy private 4 year colleges have not changed all that much.

Uh, I don't really know how to respond to such silliness.



You are going to have to use smaller words Yuki...



Somewhere, someone is singing money money money moooooney MOOOOOOOOOONEY!

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Koneg posted:

Yukishiro1 posted:

Real costs paid by middle class parents to send their kids to fancy private 4 year colleges have not changed all that much.

Uh, I don't really know how to respond to such silliness.






What part of "real costs" don't you understand?


We'll just continue using my example:


Stanford tuition in 1990: 15k Room and board: 5k. Total: 20k/year.


Stanford tuition now: 40k, room and board 12k, total: 52k.


My brother's real yearly cost with my parents making 80k/year: about 25k.


My brother would have got some financial aid in 1990, but not much. Probably not more than about 5k, and even that is probably generous. So say his real costs in 1990 would ahve been 15k.


Inflation from 1990 to 2011: about 80%.


15k x.1.8= 27k.


ZOMG!
reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Yukishiro1 posted:

Koneg posted:

Yukishiro1 posted:

Real costs paid by middle class parents to send their kids to fancy private 4 year colleges have not changed all that much.

Uh, I don't really know how to respond to such silliness.





What part of "real costs" don't you understand?

We'll just continue using my example:

Stanford tuition in 1990: 15k Room and board: 5k. Total: 20k/year.

Stanford tuition now: 40k, room and board 12k, total: 52k.

My brother's real yearly cost with my parents making 80k/year: about 25k.

My brother would have got some financial aid in 1990, but not much. Probably not more than about 5k, and even that is probably generous. So say his real costs in 1990 would ahve been 15k.

Inflation from 1990 to 2011: about 80%.

15k x.1.8= 27k.

ZOMG!

Couple of those words have more than two syllables, but over all good job on using smaller words.

 

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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Yukishiro1 posted:

Koneg posted:

Yukishiro1 posted:

Real costs paid by middle class parents to send their kids to fancy private 4 year colleges have not changed all that much.

Uh, I don't really know how to respond to such silliness.





What part of "real costs" don't you understand?

We'll just continue using my example:

Stanford tuition in 1990: 15k Room and board: 5k. Total: 20k/year.

Stanford tuition now: 40k, room and board 12k, total: 52k.

My brother's real yearly cost with my parents making 80k/year: about 25k.

My brother would have got some financial aid in 1990, but not much. Probably not more than about 5k, and even that is probably generous. So say his real costs in 1990 would ahve been 15k.

Inflation from 1990 to 2011: about 80%.

15k x.1.8= 27k.

ZOMG!



where is the inflation coming from?

 

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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
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