"No one forced anyone to do anything. Students who take on debt are making an investment. They wouldn’t be making that investment unless they thought it would pay off for them."

"At $43,000 annual tuition for undergraduates at a private university, those with an undergraduate degree, bearing a debt of roughly $170,000, will make that up in less than eight years – and everything after that is gravy."

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37477498)

it's also beside the point, since that's a system issue (the level at which policy has to work), not an individual moral issue. it can have individual moral IMPLICATIONS, but financial policy should be based on macroeconomics, not boomer nattering about "personal responsibility."

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37477689)

in a healthy nation we wouldn't tell our children to suck on the fucking debt cock.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37477696)

healthcare/education can be great, cheap, and available to all

when situations are necessarily a 2 of 3 is possible, but not 3 of 3,

libs like you go let’s do 3 of 3!!! don’t be mean!

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37481725)

having bk for other types of debts, doesn’t make it right even if you believe the things being compared are comparable. they really aren’t btw, but I can make my point even playing along with your tard schtick

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37481670)

-john f. kerry

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37477758)

https://www.whwg.com/allan-golombek

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37477804)

You want to motivate ppl to go to school. It's absurd the US literally punishes ppl for life. The least the govt cld do is cap interest rates at 1% or less, and force univs to better regulate their finances in order to limit tuition increases. But NO that is SOCIALISM!!!

The US is an absurd shithole. Punish ppl for going to school. Punish ppl for getting sick. Then punish ppl for being uneducated, or missing work cause they are sick.

LJL

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37477975)

Lemme stop you right there

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37480044)

Create a culture where you are indoctrinated by boomer parents & teachers that “education” is everything & “good debt.”

Have the cost inflated exponentially from what they had to pay.

Take on insidious loans because in your teens & young 20s you trust your parents & teachers & have little life experience.

Then when you’ll never be able to afford a house or children it becomes, “No one forced you to take that debt! Now where’s my social security check that you won’t get!”

I do realize there are many kids who had their “education” paid for in whole or part by their family. This doesn’t apply to them.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478105)

At smaller schools with endowments and mission statements you can find a stark contrast, but they too play this game. Especially with their minority recruits from the inner city, upon whom they play the great bait and switch, pulling scholys when those disadvantaged kids can’t keep up in class or have their lives torn apart because of shit going down at home or whatever.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478278)

https://www.realclearmarkets.com/authors/allan_golombek/

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478048)

many choose to remain in rural and rust belt America rather than grasp the lifeline offered by metropolitan regions. But isn’t that their choice – and shouldn’t they be prepared to bear the economic, social and cultural consequences? Many fear losing the increasingly frail and community social support networks available to them where they were born and live: The brother-in-law who owns a pick-up truck, the grandmother who looks after the kids when needed, or the poorly paid job that at least provides some kind of health insurance. Try telling that to today’s immigrants, who arrive – legally or illegally – with few skills, in a country in which the predominant language is one they do not speak or understand. Try telling that to people whose grandparents crossed an ocean to land in a large North American city with little money, even less command of the English language, no immediate job prospects, and few relatives or friends to help them adjust.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478316)

By Allan Golombek

December 21, 2018

Advertisement

Globalization is becoming a dirty word among many, and its supporters and practitioners frequently called globalists, a term almost always used derisively, with vaguely anti-Semitic origins.

But globalization, including free trade, more open borders, and the introduction of new technologies to the workplace and the marketplace, is key to human betterment and improvement of the economy’s ability to increase wealth, create high-end jobs, and produce innovative new goods while keeping down prices.

Globalization increases access to capital, reduces costs, allows us to take advantage of all human strengths, and opens markets that facilitate innovation by fattening the customer base.

Globalization makes it easier to raise capital. At one time, those seeking capital to finance new innovations were largely restricted to a limited number of sources. By opening capital markets around the world, entrepreneurs and companies have far more potential investment sources, opening opportunities for the introduction of new technologies, goods and services that make our lives easier and better.

Globalization makes production more efficient and cost-effective. Look at the Apple iPhone. It is frequently cited as a product made in China by a U.S. company. In fact, it is a global product made primarily in the United States. The chip that serves as the phone’s brain, the software, the audio chip and the controller chips are all made in the United States, and/or designed in America by Americans – as are the crucial marketing, apps and customer support.

Other crucial parts are manufactured in Japan, Taiwan, South Korea, and Germany, as well China. Instead of “Made in China”, the iPhone is made all over the world – a production miracle made possible by global supply chains and the cheap transportation and telecommunications that make them feasible.

Globalization facilitates the creation and production of new products. Consider the iPad. Imagine you were in Steve Jobs place at the time the iPad was in its initial stage of development. Product Development tells you it is technologically feasible. You ask Marketing what price point is necessary in order to quickly pay down the sunk costs and start marking a profit. They tell you the iPad would have to sell at $1800, a price the market would simply not be prepared to bear.

But someone at the table points out that with access to a global market, and the expanded opportunity for sales, it could sell at an initial price of $750 and still achieve profitability fairly soon. Bingo, you say, and a new innovative product is launched.

Except that conversation would never take place, because it would never have to. The people sitting around the table would all understand the power of the global marketplace. If anything, they might take it for granted.

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really? Education and entrepreneurial opportunities are more readily available than ever. Capital is more accessible. Incentives to upward mobility are enhanced.

Globalization encourages all of the behaviours that make our world a better place – the pursuit of education, a shift to jobs that involve the greater use of cognitive skills, the creation of new products and services that make our lives easier, better, more rewarding, healthier, and longer. Rather than complain about its impact, globalization should be welcomed – particularly by those most likely to disparage it.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478317)

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

Globalization does make a large number of people feel they are dispossessed and denied the opportunity to participate in this wealthier world. But are they really?

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478332)

The fact that people go full debt $50k+ a year to schools like Northeastern and end up $200k+ in debt is crazy.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478324)

State U is usually cheap, and there's usually one that will be close to free if you are decently smart.

The American people don't need to pay for some millenial's unnecessary four years of lib indoctrination at fucking Tufts.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478429)

And that's for the BEST in state school. There's a bunch of other cheaper ones that will definition give someone that can get into the state flagship a free ride or close to it.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478510)

that's bullshit. the "high tuition / high aid" model that has risen in prevalance over the last two decades has not worked out well, and by design requires a large percentage of students to pay full tuition:

https://www.theatlantic.com/business/archive/2013/07/how-not-to-help-the-poor-the-lesson-of-soaring-college-prices/277658/

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37484061)

I really do want to physically assault the author.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478495)

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478524)

College admins need to be summarily fired.

Just like with drugs, you have to go after the dealer and suppliers as well as treat the addict.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37478800)

Second tweet: "Oh please, will someone donate a kidney out of the goodness of their heart. Life is so unfair!"

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37479670)

Or better yet don’t go to college at all. College is not a gateway to success and only a small minority of people who go ever finish.

Source: I’m a retard who didn’t follow any of the above advice.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37479466)

https://washingtonmonthly.com/2010/08/22/the-prestige-racket/

and every single university, including state schools faced with budget cuts, has followed suit, fueled heavily by federal student "aid" not being capped or regulated. add to that increasing diversity initiatives that require significant school-provided aid, and so everyone adopted "high tuition / high aid" models:

https://www.theatlantic.com/business/archive/2013/07/how-not-to-help-the-poor-the-lesson-of-soaring-college-prices/277658/

this boomer fuck can eat a dick.

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37484084)

*slits throat*

(http://www.autoadmit.com/thread.php?thread_id=4164500&forum_id=2#37484129)