Occupy Wall Street

[kirk]

and for the 50th time, no one forces them to go into debt. They could pursue that knowledge on the Internet or a publically funded library.

They choose to go into debt with a university education for it.

Cool, and if they have to go in debt, so be it. But for life? No. That's just going to discourage significantly more people from pursuing an education.

[BrentMusburger]

That's just going to discourage significantly more people from pursuing an education.

As they should be discouraged. There's too many majors in certain feilds, which basically gaurentees over-supply...and shattered lives.

The sickening irony of all of this is government has tried to make education more accessable by subsidizing it. Which in effect sends prices skyrocketing and puts it out of reach or...as we see creates a bubble where people get the education anyways (with loans) and crash and burn after. The absurdly inflationary pressure on the cost of a college education is directly attributable to the idea that "everyone should be encouraged to get an education".



Your "ideals" of what "should be" cause distortions in economics that cannot be put down forever. Reality will always win out over fantasy.

[toxinatoR]

[kirk]

As they should be discouraged. There's too many majors in certain feilds, which basically gaurentees over-supply...and shattered lives.

The sickening irony of all of this is government has tried to make education more accessable by subsidizing it. Which in effect sends prices skyrocketing and puts it out of reach or...as we see creates a bubble where people get the education and crash and burn after.

Your "ideals" of what "should be" cause distortions in economics that cannot be put down forever. Reality will always win out over fantasy.

How are my ideals not rooted in reality when other countries have a system I am suggesting we adopt...?

[BrentMusburger]

As they should be discouraged. There's too many majors in certain feilds, which basically gaurentees over-supply...and shattered lives.

The sickening irony of all of this is government has tried to make education more accessable by subsidizing it. Which in effect sends prices skyrocketing and puts it out of reach or...as we see creates a bubble where people get the education and crash and burn after.

Your "ideals" of what "should be" cause distortions in economics that cannot be put down forever. Reality will always win out over fantasy.

How are my ideals not rooted in reality when other countries have a system I am suggesting we adopt...?

What countries have this? I'll go out on a limb and guess that this is in Europe. The place that has many countries teetering on bankruptcy and a very real possibility of collapsing the Euro. The people in Europe have figured out what I said long ago in this thread. They can vote themselves fancy educations, early retirements, and other perks. Well...until one day they can't.

The bubble caused by government intervention will burst and the laws of economics will IMPOSE reality, regardless of how many people want to look the other way.

I'm forever blowing bubbles,
Pretty bubbles in the air,
They fly so high,
Nearly reach the sky,
Then like my dreams
They fade and die.

[unpro]

do you agree with the fact that we need a minimum wage law?

http://mises.org/daily/5311

http://mises.org/daily/3261

http://mises.org/daily/2130

even if the law is detrimental to the very people you want to help?

schools are the same way. if you force the economy to spend money on something that is not needed, it inflates the cost, and shrinks employment opportunities. all these people that spent 60k on schooling, could have spent 60k on more viable options if it wasnt for the insistence in this country that a college degree is all mighty.

its not bad that you wanted a degree in a subject, but its silly to get a degree in a subject when you cant support the investment of said degree after receiving it. i want a degree in history. its a subject i like and find interesting, but i realize its virtually worthless for me to have in the real world so i never put the time or effort into getting it. perhaps one day later in life when i can afford it ill go back to school and get that degree, but i dont need it.

[kirk]

What countries have this? I'll go out on a limb and guess that this is in Europe. The place that has many countries teetering on bankruptcy and a very real possibility of collapsing the Euro. The people in Europe have figured out what I said long ago in this thread. They can vote themselves fancy educations, early retirements, and other perks. Well...until one day they can't.

The bubble caused by government intervention will burst and the laws of economics will IMPOSE reality, regardless of how many people want to look the other way.

What countries have education that is deemed overall more affordable than America...? I think the list of countries with education less affordable than us is significantly smaller.

[kirk]

do you agree with the fact that we need a minimum wage law?

http://mises.org/daily/5311

http://mises.org/daily/3261

http://mises.org/daily/2130

even if the law is detrimental to the very people you want to help?

schools are the same way. if you force the economy to spend money on something that is not needed, it inflates the cost, and shrinks employment opportunities. all these people that spent 60k on schooling, could have spent 60k on more viable options if it wasnt for the insistence in this country that a college degree is all mighty.

its not bad that you wanted a degree in a subject, but its silly to get a degree in a subject when you cant support the investment of said degree after receiving it. i want a degree in history. its a subject i like and find interesting, but i realize its virtually worthless for me to have in the real world so i never put the time or effort into getting it. perhaps one day later in life when i can afford it ill go back to school and get that degree, but i dont need it.

Show me less biased sources than something coming from a site devoted to Austrian economics.

[BrentMusburger]

What countries have education that is deemed overall more affordable than America...? I think the list of countries with education less affordable than us is significantly smaller.

So, the countries were in Europe then?

I do know this. People come from all of the world for American universities. This of course generates winners and losers.


However, as I've already said, the reason out education costs are so out of control is because of government intervention. By subsidizing its cost and making it open to more people....it directly leads to costs rising to bubble levels....which means less and less people can afford it....OR WORSE they take on the costs anyways and get burned.

See: the crisis we're about to expirence when the student loan bubble explodes just like housing did, when government subsidized it and made it "affordable" to everyone. It turns out it just drove up prices and made less people able to afford a home...and worse the people who took on loans they couldn't afford lost everything. I hope you see the similarities.


It's a mistake in every sense of the term to push for what you want.

[unpro]

read the articles and come up with a counter point? thats kind of how these things work. i voice my opinion and show why i think how i do, and you show evidence to support your opinions.