Adding administration has been one of the big reasons college costs have skyrocketed. And yes, the dorms. At my alma mater, the old concrete block dorms have been torn down and the new ones DO look like a hotel. The old cafeteria that had one menu (take it or leave it) is now a multiple restaurant type food court.
^^You had a “menu” in the college dorm? Wow: really upscale.
We had chef’s surprise and mystery meat daily. (And I use the word, “meat”, rather liberally, since it would not pass today’s definition by the USDA. )
ha. You’re right. I meant ‘menu’ as a statement of the one choice of a main course that would be served that day.
In a recent piece in the New York Times it was estimated that if the effective tax rate on the top one percenters was increased from 33.4 per cent to 40 per cent there would be enough money to eliminate undergraduate tuition at all public universities and colleges Three times over. That sounds pretty reasonable to me.
I also do not believe that college education at a private NON profit institution should be limited to the rich only. There are many fine private institutions . In Massachusetts there are 114 colleges. 84 of them are private. Virtually all of the 84 are non profit. There are 1845 private 4 year colleges and 629 public four year colleges in the U. S. Should RPI be limited to the rich only?
The U. S. has the highest rate of incarceration in the world. Roughly 3 per cent of the adult population is either in jail ,on probation, on parole or under some type of criminal justice supervision. Why don’t we take some of that money and use it to make a college education more affordable
This is all about priorities. Is a college education more important to spend money on or is it more important to spend money locking up non violent drug offenders
So what? Several of those private colleges are richer than Congress. They could easily support all the poor that they would like to admit and not make even a rounding error in their endowments.
Agreed.
Instead of pumping federal dollars into a private college, give them to the public Unis so they can become stronger. Win-win.
neil cavuto asked what if the 1% leave the country , she said there should be consequences. ( should you go to jail if you pack your bags and leave?) I guess somebody has to pay for her college and it should be strangers of course. if those strangers leave the country they must have consequences…ooooo my!
p.s. if you seize the top 1% assets (morality aside) you would collapse the economy. everyone knows as you keep draining the top 1% of their assets the next tier moves up the ladder to become the new 1% and eventually you will be taking 90% of everyone’s assets. of course the entire country would grind to a halt and we would spiral into a non functioning place. but , fair is fair and somebody’s got to pay!
Let me fix that for you:
I guess somebody has to pay for her private, out-of-state sleep-away college…
blubayou… I feel obligated!
because when here parents decided to have a child, they consulted me and I said go for it!! I will help support your kid or kids…and I tossed in no worries if he/she wants to attend an expensive private college you need to fly to…by all means!
so yeah I feel obligated!
Personally, I would love to give money for private school to those who earn more than I do. I am pleased to scrimp, save, live below my means, tell my kids no to schools that cost too much, etc … AND pay for others who think they deserve to have their cake and eat it, too (well, really, they just can’t seem to save anything from their much-larger-than-mine salaries, so I should feel bad for them). Oh, wait … NOT.
zobroward:
would you like to adopt my kids?
Many of us do not believe the world revolves around the one per centers. It is called trickle down economics. It has been shown repeatedly to not work. If the effective tax rate on the one per centers is raised from 33.4 per cent to 35.4 per cent we can have free public higher education. Sounds pretty good to me. The one per centers would still be left with about 1 and a half MILLION after tax dollars each year to spend. WOW
Lassell college founded in 1851 is in Mass. Most of us have probably never heard of it
bluebayou
yeah, sure! but I must warn you I eat a lot of fast food and I am not good with helping with homework questions! but , I will pay 100% of any and all college expenses (including the donation to build the new library on campus if that what it takes for them to get into their dream school)
someone needs to look up stuff before they post
the highest rate is
39.6%
not including state tax, property tax, fees, registrations, taxes on purchases ,etc etc etc…
If the money fairy forced private schools to be free, how would enrollment be “controlled” at those institutions? Would they be required to have admissions be equitably distributed as well? (Admission by SES? Admission by stats only? (there is a strong correlation between parental income and test scores. *As the income gap between high- and low-income families has widened, has the achievement gap between children in high- and low-income families also widened? The answer, in brief, is yes. The achievement gap between children from high- and low income families is roughly 30 to 40 percent larger among children born in 2001 than among those born twenty-five years earlier) * https://cepa.stanford.edu/sites/default/files/reardon%20whither%20opportunity%20-%20chapter%205.pdf Or would there be an income/stat formula to alleviate any inequitable outcome between academic achievement and income?)
If they were actually free to operate their institutions according to their standards, would the the stratification of economic SES of students be radically different or only slightly different?
Our public K12 schools do not have anything resembling “equal outcomes.” What about private K12 schools? What about extracurricular enrichment opportunities? Or prepping for admissions exams, assistance with applications, etc? What do you do about the “privileges” and developmental opportunities that $$ provides children?
“What do you do about the “privileges” and developmental opportunities that $$ provides children?”
what do you do when you want to be the center on the basketball team and you are only 5feet 2 inches tall?
what do you do when you like a girl in your class but like all the other girls they like the dreamy guy in the back row?
what do you do when you want to stay in a suite at the ritz carlton but you only have $50.00 dollars for the motel 6?
what do you do when you find out the supermarket had a buy one get one sale on the items you are buying but the deal was up yesterday?
@zobroward Exactly.
@zobroward there is a difference between marginal and effective tax rate. I did look stuff up. I was talking about effective not marginal tax rate if you look at my post. We need to address some of the issues. As I keep saying it is about priorities. I am not sure if you are happy with the status quo. I am not . I think lots of changes can be made for the betterment of society and college education
@zobroward I am not sure what you are trying to say in post 114. Could you elaborate a little more.
What do you do when you find that making the rich pay ever so slightly more can pay for free public higher education?
What do you do when you find that putting a few less people in prison for drug related offenses can pay for free public higher education?
What do you do when you find that building a few less bombs can pay for free public higher education?
It would appear that your priorities are different than mine. That is a higher education policy choice
Nobody here is arguing that they don’t like the idea of an affordable college education. Many of us disagree with your view of what higher taxes would make possible, that’s it.
I live in a country where a new left-wing government raised taxes on the rich a few years back. The rich collectively groaned, continued not to invest a great deal of their money (why would you do so when the tax rate was already ~65%), and some of them bolted the country. Among those choosing that course of action was a well-known movie star who proceeded to mock the president from afar - and drive home the counterproductive nature of that tax increase.
And no, this isn’t one of the Scandinavian countries, where you can be certain that your high taxes pay for an efficient government that’s made the country one of the world’s most advanced. We should be so lucky.
If the 1% are as greedy and useless as you seem to be implying, who’s to say they won’t renounce their citizenship or move their money to tax havens?
@notverysmart no one is saying the 1 per cent are greedy and useless. Not even in the slightest. What we are saying is that minimally higher taxes can help. Lets use California as an example. As a result of prop 30 the tax rate went up in the state in 2012. Since 2012 the unemployment in the state has gone from around 11 per cent to 5.5 per cent. Spending on infrastructure can produce jobs and boost the economy. As another example a strong argument can be made that Obamacare and its requirements have created millions of jobs. What we do know is that despite or because of the ACA the unemployment rate in the U S has gone way down to 5 per cent which is an 8 year low.
I doubt people are going to leave this country because their net spendable after tax dollars went from 1.5 million to 1.35 million. This country has a much lower effective tax rates than your country