Bernie Sanders (and most democratic politicians today) encourage increasing spending on college education. It seems fine on paper, but whenever they increase spending it doesn’t seem to affect me. Most of it seems to go to financial aid to help out lower/lower middle class people. What is the point of this? Why don’t they just lower tuition rates so it helps EVERYONE? If the tax money is coming from middle class and upper class people the most, shouldn’t it go back to help them also? It seems as if a lot of the tax money on college education isnt going back to middle/upper class folks at all.
Because on the supermarket shelves, the brand of peaches retailing for $1.29 a can is perceived to be lesser quality than the marked-down brand of peaches that normally sells for $1.49 a can.
The tax-paying middle-class gets plenty of financial aid. It’s the tax-paying, upper-middle-class, salary-earning fullpay families who get screwed the worst by both colleges and the taxman. The wealthy hardly pay any taxes.
Well… Bernie wants to eliminate tuition at public colleges so that would be decreasing tuition instead of increasing financial aid.
And it would increase taxes on the middle class. The “tax the rich” mantra will not cover it.
Ask JC Penney how low everyday pricing worked for them.
@InigoMontoya @TomSrOfBoston @romanigypsyeyes @GMTplus7 I’m just saying… I find it annoying that some people get financial aid and I get none. Some chick on my dorm floor was bragging about how the school is paying for her 900 dollar apartment next year.
Life’s unfair, and then you die.
She has a full ride scholarship…very rare and not plausible.
@TomSrOfBoston It wasn’t a scholarship. She said her family was poor (and the college gives her housing assistance)… plus she doesn’t sound like the type of person that would get a full ride scholarship.
@GMTplus7 Do you die before or after life’s unfair?
You learn how to deal with the unfairness instead of complaining about it.
Jack- easy solution. Tell your parents to quit their jobs, give away their assets, and then you too will qualify for more aid.
See? It really is fair. Anyone can enjoy the benefits of being indigent if they try hard enough.
In heaven, no doubt some people get better harps than others.
@blossom oh no, but if everyone does that we can’t pay for your guys’ retirement. Poor Gen X’s ;(.
But that would be unfair right?
The vast majority of poor people don’t really get any grants above the federal pell grant.
You live in California which has an EXTREMELY generous system to the poor and middle income.
I had a zero EFC and got a grand total of a 5k Pell grant (~1/4-1/5 of my college cost at the time) and the rest was through external, private scholarships and some institutional aid. My state doesn’t provide state aid like some others (notably, California) do.
The vast majority of poor kids don’t have the profiles to get admitted into the kind of schools which offer generous FA.
@romanigypsyeyes I think thats the way to go… scholarships. not financial aid. Good for you man!
Honestly Dave Ramsey comes to mind here when he said something about how the lottery is just the lower classes way of paying for the middle to high class kids education.
Lower class people need the most help when it comes to college in all honesty. Most middle class and high class kids get most of the scholarships hence why they don’t get the best financial aid deal. They receive the better opportunities in middle and high school and get better access to AP/IB courses, SAT/ACT test prep, etc to get higher gpa’s, test scores, and such. If you lower the cost for everybody the schools will lose a lot of funding. Look at all of the top tier private schools where a lot of students families can pay close to $60k a year for their education.
You can’t cut down the cost for everyone because not everyone has the same family income.
“Scholarships. Not financial aid…”
Huh? What do you mean by that? Many people depend on financial aid not just the lower class. If you eliminate FA then that would up the competition for scholarships and that puts a lot of lower class students at a disadvantage because of the lack of resources about college info many of them encounter in their schools, family, etc.
You don’t imagine most of the people who post on CC are banking on Social Security to see us through retirement, do you? If so, you haven’t been here long.
If your parents were able to send you away to school, you’re very fortunate. Most students commute to a local school because their parents can’t afford to pay for them to dorm somewhere. The lucky ones get to enroll directly in a 4-year school, but many have to commute to a cc first to save money. You’re already doing better than most.
But even if your parents quit their jobs and gave away all their assets, it wouldn’t improve your position. The only extra money you’d qualify for (in our state) would be the $5k Pell grant and maybe a state tuition grant of up to $5k. Even the $5500 federal student loan wouldn’t be enough to cover the cost of a 4-year state school. It certainly wouldn’t pay for a name brand college. Most low income students aren’t going to well known schools. You’re wasting a lot of mental energy being resentful of low income families for no good reason.
Just because a young woman on your floor said she was getting something for free, it doesn’t mean it’s true. However, if you refer to her as a “chick” within her hearing range, she’s likely to tell you all manner of things.
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I’m a first year at UC Davis
chick on my dorm floor was bragging about how the school is paying for her 900 dollar apartment next year.
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She’s assuming…and dreaming. first of all, she hasn’t yet seen her aid pkg, but if she’s poor, she’ll get…
Cal Grant
Pell Grant
a 6500 direct loan and maybe some perkins loan
The Cal Grant will pay for most/all of her UC fees
The Pell Grant (about $5700) can be used towards room and board. That won’t cover a $900 a month apt particularly once electricty, cable. WiFi and food costs are considered. It likely won’t even pay “her share” if she splits it with a roomie.
However, her loans will help cover…so the school will not be paying for her $900 apt…she will be…with loan payments after she graduates.