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Clinton to propose $350 billion college affordability plan.


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2015 Aug 10, 4:25am   37,476 views  188 comments

by lostand confused   ➕follow (3)   💰tip   ignore  

http://news.yahoo.com/clinton-propose-350-billion-college-affordability-plan-070952553--election.html

In this Thursday, Aug. 6, 2015, file photo, Democratic presidential candidate Hillary Rodham Clinton listens to a home care worker during a roundtable discussion in Los Angeles. Calling for a new college compact, Hillary Rodham Clinton on Monday, Aug. 10, will unveil a $350 billion plan aimed at making college more affordable and reducing the crushing burden of student debt. (AP Photo/Jae C.

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1   indigenous   2015 Aug 10, 4:54am  

Brilliant, less than zero economic literacy, gawd so the choices are her or Jeb?

2   tatupu70   2015 Aug 10, 5:01am  

Doesn't she know that by allowing the middle and lower classes to attend college, the extra demand will make tuition costs rise for the wealthy?? How dare she??

3   indigenous   2015 Aug 10, 5:04am  

tatupu70 says

Doesn't she know that by allowing the middle and lower classes to attend college, the extra demand will make tuition costs rise for the wealthy?? How dare she??

No the reason is that the cost goes up as colleges compete for government money, similiar to healthcare.

4   tatupu70   2015 Aug 10, 5:08am  

indigenous says

No the reason is that the cost goes up as colleges compete for government money, similiar to healthcare

Yep, that's what happens when you give opportunity to more people. Until you create more supply.

5   indigenous   2015 Aug 10, 5:56am  

yup you are willfully ignorant.

6   tatupu70   2015 Aug 10, 6:03am  

indigenous says

yup you are willfully ignorant.

Willfully ignorant of what, if I may ask?

7   indigenous   2015 Aug 10, 6:33am  

economics

8   tatupu70   2015 Aug 10, 7:13am  

indigenous says

economics

Really? So, where did I miss it? More demand and constant supply doesn't equal higher prices? Increasing supply with constant demand doesn't equal falling prices?

Please explain?

The reality is that if you want college tuition to stop rising so fast, find ways to create more colleges. I think online degrees is the way to go.

9   tatupu70   2015 Aug 10, 7:14am  

Call it Crazy says

Ahhh.. more Socialist/welfare policies to buy votes!!

Yes, helping people get educated is clearly a policy to buy votes.

Seriously--wtf is wrong with you???

(Edit--CIC might be correct. Well educated people tend to vote Democratic)

10   anonymous   2015 Aug 10, 7:26am  

Ah so the reason college costs so much, is because there is more demand than supply. LOL

11   tatupu70   2015 Aug 10, 7:28am  

errc says

Ah so the reason college costs so much, is because there is more demand than supply. LOL

lol indeed. You think that is incorrect?

12   Tenpoundbass   2015 Aug 10, 7:39am  

For $350 billion I can make a free college that cost $0 for anyone that wants an education.
Why give it to Warren Buffett and Kaplan University?

13   lostand confused   2015 Aug 10, 7:40am  

tatupu70 says

Yes, helping people get educated is clearly a policy to buy votes.

Seriously--wtf is wrong with you???

Don't we have enough college graduates working at Starbucks? Perhaps the solution is not make their education free, but to look at reality and realize not everyone needs a college education. Society functions when all aspects of it are considered-a toll collector , garbage truck driver, plumber, etc do not need to go to college at other people's expense. Why is it the left feels so entitled to other people's money??

14   tatupu70   2015 Aug 10, 7:40am  

CaptainShuddup says

For $350 billion I can make a free college that cost $0 for anyone that wants an education.

Why give it to Warren Buffett and Kaplan University?

Sounds good to me. Go for it.

15   anonymous   2015 Aug 10, 7:41am  

No, I don't think that is incorrect. I know it is incorrect.

Feel free to prove me wrong

16   tatupu70   2015 Aug 10, 7:42am  

lostand confused says

Don't we have enough college graduates working at Starbucks? Perhaps the solution is not make their education free, but to look at reality and realize not everyone needs a college education. Society functions when all aspects of it are considered-a toll collector , garbage truck driver, plumber, etc do not need to go to college at other people's expense. Why is it the left feels so entitled to other people's money??

I don't think there will be a requirement for everyone to go to college--people are free to be toll collectors, garbage collectors, etc. at their will. The point is that less wealthy people should get that choice, just like wealthier kids do.

The goal is equal opportunity. Not equal outcome.

17   tatupu70   2015 Aug 10, 7:43am  

errc says

No, I don't think that is incorrect. I know it is incorrect.

Feel free to prove me wrong

You want me to prove Econ 101: supply and demand?

OK... Read up on this link.

http://www.investopedia.com/university/economics/economics3.asp

18   lostand confused   2015 Aug 10, 7:47am  

tatupu70 says

The point is that less wealthy people should get that choice

The point is they can go to college when they grow up. They don't have to do it at taxpayer expense-for the merit poor kids, there are scholarships already.

19   tatupu70   2015 Aug 10, 7:48am  

lostand confused says

The point is they can go to college when they grow up. They don't have to do it at taxpayer expense-for the merit poor kids, there are scholarships already.

So, you prefer a society that rewards the birth lottery.

20   tatupu70   2015 Aug 10, 8:15am  

Call it Crazy says

So incorrect, you're not in the same universe. But being clueless is your speciality!

Great--well maybe you can offer a reason? Or is that too much to ask?

21   Tenpoundbass   2015 Aug 10, 8:24am  

There are obviously plenty of educators here who depends on Government money to materialize their salaries.

22   komputodo   2015 Aug 10, 8:25am  

tatupu70 says

You want me to prove Econ 101: supply and demand?

OK... Read up on this link.

http://www.investopedia.com/university/economics/economics3.asp

What is this thing he's talking about? "SUPPLY AND DEMAND"? And it somehow affects prices? How quaint. Prices aren't controlled by artificial means anymore?
Is there now a shortage of morons that want a job teaching and buildings to house them?

23   lostand confused   2015 Aug 10, 8:38am  

tatupu70 says

So, you prefer a society that rewards the birth lottery

What you propose was already tried in the former soviet union-didn't work out so well.

24   anonymous   2015 Aug 10, 8:40am  

Show me the shortage of supply of universities and the surplus of demand of students. If not, cease and desist with the statist lies

25   tatupu70   2015 Aug 10, 8:47am  

errc says

Show me the shortage of supply of universities and the surplus of demand of students. If not, cease and desist with the statist lies

lol--what does a shortage of supply look like? Shall I show you the number of applications to universities vs. the number of accepted students?

http://www.huffingtonpost.com/2011/01/25/top-schools-see-jump-in-a_n_812455.html

26   zzyzzx   2015 Aug 10, 8:48am  

tatupu70 says

Yep, that's what happens when you give opportunity to more people. Until you create more supply.

The supply of college graduates in the US already exceeds demand. This has been the case for decades. Why should the taxpayers subsidize further oversupply?

27   tatupu70   2015 Aug 10, 8:55am  

lostand confused says

What you propose was already tried in the former soviet union-didn't work out so well.

Nonsense. I'm not advocating communism. Just equal opportunity for all. Isn't that the American Way?

28   tatupu70   2015 Aug 10, 8:58am  

zzyzzx says

The supply of college graduates in the US already exceeds demand. This has been the case for decades. Why should the taxpayers subsidize further oversupply?

It does? College educated unemployment is always lower than high school educated or dropout.

http://www.morningstar.com/cover/videocenter.aspx?id=659385

29   lostand confused   2015 Aug 10, 9:00am  

tatupu70 says

Nonsense. I'm not advocating communism. Just equal opportunity for all. Isn't that the American Way?

Nonsense, you are proposing communism. All are equal-kumbayah!!!! The American way is or was you earn and move your way up. Nowadays, with unfair divorce laws, or communist tax plans, you are engineering equality, by taking money and giving it to the freeloaders.

30   tatupu70   2015 Aug 10, 9:03am  

lostand confused says

Nonsense, you are proposing communism. All are equal-kumbayah!!!! The American way is or was you earn and move your way up. Nowadays, with unfair divorce laws, or communist tax plans, you are engineering equality, by taking money and giving it to the freeloaders.

Giving equal opportunity is the American Way. All of your strawman arguments don't change that.

31   lostand confused   2015 Aug 10, 9:05am  

tatupu70 says

Giving equal opportunity is the American Way. All of your strawman arguments don't change that

LOL-since when did communism become the American way. You do not give equal opportunity-you work and take opportunity and make your destiny. No wonder this country is in such dire straits. The takers feel entitled and bold.

32   mmmarvel   2015 Aug 10, 9:11am  

lostand confused says

Don't we have enough college graduates working at Starbucks? Perhaps the solution is not make their education free, but to look at reality and realize not everyone needs a college education. Society functions when all aspects of it are considered-a toll collector , garbage truck driver, plumber, etc do not need to go to college at other people's expense. Why is it the left feels so entitled to other people's money??

Last Saturday I was working (an overtime day ... gasp) - in the morning I was listening to a local radio talk show which centered around cars (mechanical issues, ideas, suggestions, problems - these guys have over 100 years of experience combined, they are familiar with typical problems that certain engines/year of car have). They talked about how a local community college had teamed up with NAPA and the local automotive shops to offer curriculum to train mechanics, in addition internships with the various shops where offered so the student could learn and have hands on experience by the time they graduated. They had the ability to come out of community college at age 20 with little or no debt and a job that started out at $20 an hour or more. The hosts were pleading with any interested souls to look into the program.

On a different note - my wife had a car accident a while back (she was not injured and the damage to the car was minor), it was the other person's fault so we had to go through their adjuster. The insurance firm that we were dealing with was State Farm, he said that in Houston alone, State Farm employed over 1800 adjusters (remember this is Houston, the fourth largest city in America). It's another job where you didn't need a college degree. Met a girl at the airport the other day (remember I work at an airport) who was getting her airport badge. She worked for a smaller, private airline (Signature Airline) and worked as a concierge, basically she took care of the needs of passengers and pilots. Not sure how much she made, but she's been with the company for two years and had accepted the opportunity to transfer (gladly accepted a transfer from Washington DC) and was staying with the company. So I seriously believe she is making more than $15 an hour (oh, and she works 13 hours a day, 3 days a week, has 4 days to play with 2 of those 4 days being Friday and Saturday).

So yeah, there are a TON of jobs out there that don't require a college degree.

33   Tenpoundbass   2015 Aug 10, 9:21am  

So builders didn't build their businesses and you didn't get smart on your own.
Obama and the Educators did that.

34   tatupu70   2015 Aug 10, 9:41am  

mmmarvel says

So yeah, there are a TON of jobs out there that don't require a college degree.

And there are a TON more people without college degrees.

35   zzyzzx   2015 Aug 10, 10:00am  

tatupu70 says

College educated unemployment is always lower than high school educated or dropout.

LOL! Has more to do with people needing to take ANY job to pay off their debt that anything else. Please explain why the taxpayers should subsidize further oversupply of college graduates? You are avoiding my question.

36   Bigsby   2015 Aug 10, 10:17am  

indigenous says

No the reason is that the cost goes up as colleges compete for government money, similiar to healthcare.

You could just as easily argue that costs will need to be controlled so that colleges can compete for government money. As the article states:

"States that guarantee "no-loan" tuition at four-year public schools and free tuition at community colleges would be eligible to receive federal funds."

37   tatupu70   2015 Aug 10, 10:19am  

zzyzzx says

LOL! Has more to do with people needing to take ANY job to pay off their debt that anything else. Please explain why the taxpayers should subsidize further oversupply of college graduates? You are avoiding my question.

I'm not avoiding your question, I'm showing you data that contradicts the assumption implicit in your question.

38   Bigsby   2015 Aug 10, 10:23am  

mmmarvel says

So yeah, there are a TON of jobs out there that don't require a college degree.

I presume that students will still have to be accepted into college. This would just allow some of those without the money and who are qualified to do so. Seems reasonable to not have to base that decision entirely on your financial circumstances.

39   zzyzzx   2015 Aug 10, 10:26am  

tatupu70 says

I'm not avoiding your question, I'm showing you data that contradicts the assumption implicit in your question.

Yes you are.

40   indigenous   2015 Aug 10, 10:27am  

tatupu70 says

Please explain?

Wrap your wits around this definition, that doesn't mean ignore it like you usually do.

Economics is the study of the use of scarce resources which have alternative uses.

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