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Instapundit is posting a lot of articles recently about the “higher education bubble”. Highly recommended.
I tend to agree with lechacal re college as well.
Like ditto I benefited from studying in the UK before they had tuition fees. 10 years before I went to college students used to get grants towards living expenses as well but that had been abolished before I got there.
Also I’m a history major working in a non-related field. The content of my degree is not relevant but has never been a hindrance either.
Thanks for the b’day wishes dona. Only a few more weeks of my b’day to go. When is yours??
Ringo, that’s my plan. buy some condo in Va or NC and rent it out till kid is old enough to ship down to establish residency. that or send the kid to the great North of the border for college
ENY: He can stand on his head blindfolded with a beadbug beard. He will STILL be a 30-something, broke-ass, underemployed, ignorant, whining, geographically challenged loser who never goes anywhere, rants about things he does not understand and cannot influence, and blames everyone else for his problems. But if you choose to identify with such qualities, by all means feel free.
I don’t see ANYTHING wrong with making your kid take out student loans to pay for college
that’s what I did and I paid them up. Now of course if you have the money to save for you kid – that’s a different story – but my parents didn’t and my dad helped me a bit through the years with college, but I still had to get loans – it makes a kid feel more connected (IMO) to their experience
m4l, don’t tell me that! no really, I think the plan is to have saved 75% of college costs by the time they reach college age. and then I have 3-4 years to come up with the last year or just pay the rest out of my ample savings, investments, etc? or make them pay for the last year? i think that was the plan.
Ringo, they don’t because it is very hard to establish residency for in-state tuition in CA and MI as an undergraduate. There is a ton of paperwork involved. I don’t know about WI, though.
More on compliance, compliance people seem to be in charge now. Lawyers, regulators, auditors, rules rules and more rules. I almost had a stroke listening to a regulator bloviate the other day on the new rules for commodity derivative trading compliance. The CFTC ignored findings in a study conducted by 5 agencies (International Energy Agency, World Bank, Fed, USDA, Department of Energy)to determine whether increased speculative activity in the markets in 2008 had a direct correlation between high prices in grains and oil. Independant conclusions of economists on the staff of all agencies came to the conclusions that no, a causal relationship could not be proved and that fundamental factors had led to skyrocketing commodity prices. But regulators are busy as bees now, fixing the part of the derivatives industry which AINT BROKE.
Instapundit is posting a lot of articles recently about the “higher education bubble”. Highly recommended.
I tend to agree with lechacal re college as well.
Like ditto I benefited from studying in the UK before they had tuition fees. 10 years before I went to college students used to get grants towards living expenses as well but that had been abolished before I got there.
Also I’m a history major working in a non-related field. The content of my degree is not relevant but has never been a hindrance either.
Thanks for the b’day wishes dona. Only a few more weeks of my b’day to go. When is yours??
Ringo, that’s my plan. buy some condo in Va or NC and rent it out till kid is old enough to ship down to establish residency. that or send the kid to the great North of the border for college
“More on compliance, compliance people seem to be in charge now. Lawyers, regulators, auditors, rules rules and more rules.”
A. Still mad at me, donatella??? :-((
2. All true, but hopefully that will keep me employed.
Oh yeah, and science majors’ books are far more expensive than those for business or liberal arts.
ENY: He can stand on his head blindfolded with a beadbug beard. He will STILL be a 30-something, broke-ass, underemployed, ignorant, whining, geographically challenged loser who never goes anywhere, rants about things he does not understand and cannot influence, and blames everyone else for his problems. But if you choose to identify with such qualities, by all means feel free.
Yes, but we love him.
I don’t see ANYTHING wrong with making your kid take out student loans to pay for college
that’s what I did and I paid them up. Now of course if you have the money to save for you kid – that’s a different story – but my parents didn’t and my dad helped me a bit through the years with college, but I still had to get loans – it makes a kid feel more connected (IMO) to their experience
m4l, don’t tell me that! no really, I think the plan is to have saved 75% of college costs by the time they reach college age. and then I have 3-4 years to come up with the last year or just pay the rest out of my ample savings, investments, etc? or make them pay for the last year? i think that was the plan.
Ringo, they don’t because it is very hard to establish residency for in-state tuition in CA and MI as an undergraduate. There is a ton of paperwork involved. I don’t know about WI, though.
More on compliance, compliance people seem to be in charge now. Lawyers, regulators, auditors, rules rules and more rules. I almost had a stroke listening to a regulator bloviate the other day on the new rules for commodity derivative trading compliance. The CFTC ignored findings in a study conducted by 5 agencies (International Energy Agency, World Bank, Fed, USDA, Department of Energy)to determine whether increased speculative activity in the markets in 2008 had a direct correlation between high prices in grains and oil. Independant conclusions of economists on the staff of all agencies came to the conclusions that no, a causal relationship could not be proved and that fundamental factors had led to skyrocketing commodity prices. But regulators are busy as bees now, fixing the part of the derivatives industry which AINT BROKE.