Tag Archives: tuition

One of the easiest ways to reduce college costs: Address the textbook cartel

Spending $300 on a textbook for most classes is an absolute joke.  It is a racket driven by the sellers, of course, and the schools who have no interest in reducing costs and by professors who sell their own books with meaningless updates made to force new purchases.

But how many updates are necessary, for example, for most math classes up to and including calculus?  And do we really need a new book on Shakespeare in the English department?  Very, very few classes in the first 2-3 years of college would ever need updates.  And why have paper copies of anything?

Here’s one idea that may help, though I worry about it getting perverted by biased writers as happened with Wikipedia: Open-Source Textbooks Gain in Push for College Affordability – ABC News

Because bankers consider a house and a Womyn’s Studies degree to have equal value as collateral . . .

. . . uh, or in a more accurate sense, they don’t.  Unless Socialist and “Christian” Left BFF Bernie Sanders is your banker.

Source: Bernie Sanders Mercilessly Mocked for Posting ‘Economically Illiterate’ Tweet

Democratic presidential candidate Bernie Sanders asked in a tweet Saturday, “You have families out there paying 6, 8, 10 percent on student debt but you can refinance your homes at 3 percent. What sense is that?”

As if you needed more evidence that Leftists literally fail at basic economics, now we have Bernie Sanders publicly questioning how bankers could possibly consider those as different risks.  And this guy wants to be the leader of the free world — and the “Christian” Left thinks his economics ideas are great!

Do we really have to spell it out for the Left?  Apparently so.

If your job is lending money that your owners expect to get paid back, you decide whether to lend money based on those risks and you set interest rates according to risks.  In the case of a mortgage, there is a real thing — a house!! — that they can recover and sell to get money if you don’t pay.  And those silly bankers require you to make a down payment so that if they do have to repossess and sell the house that there will be enough money to cover their expenses.  Where do you they get these crazy ideas?!  How dare they try to keep their assets while providing a valuable service to the community?

With your Womyn’s Studies or whatever other degree you get, there is nothing to recover except your earning power, which, if you aren’t paying them back, is apparently not enough.  So Mr. or Mrs. Banker loses his or her job and the owners lose their money.

It is that simple.  I can teach that and more to an average group of 7th graders in a 30 minute Junior Achievement lesson.  Sanders and his followers are that economically illiterate.

Leftists should never be in charge of economic policies.  Never. Even my dog did better on economics tests than Leftists

Ivy League school doesn’t accept Advanced Placement credits — good news or bad?

Via U News: Ivy League school no longer accepts Advanced Placement credits. Will this be a trend? — They tried to rationalize it from an education standpoint, but that is a joke.  The AP tests are standardized, which would mean that it wouldn’t matter what high school someone went to.  They either knew the material or they didn’t.  And the college pretends that they have something special to offer in basic classes like history, English, etc. that no one else has access to. Sure.

This is about money: They want you to pay $50,000 per year to take basic courses, which is ridiculous.

I highly encourage people to take dual-credit classes at their local community college.  The community colleges cost a fraction of the state schools, and if you are a high school student they cost almost nothing.  If you home school you can graduate high school with almost a year’s worth of credits.

The good news is that the college model is starting to crack.  It simply can’t stand another 10-20 years of cost increases that are multiples of inflation.  It is a bad move that they are taking away AP credits, but good news that they may drive people to more cost-effective solutions.