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bearishgurl.
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May 6, 2011 at 10:58 AM #694103May 6, 2011 at 1:13 PM #692961
Scarlett
Participant[quote=bearishgurl](…)I think there are and will be too many incoming students who are qualified and want to attend CA public universities when there are insufficient billets. Thus, they will have to go private or out of state if they want to work on a four-year degree. This could cause some parents to move to another state at least one-year prior to HS graduation to establish residency. Or move after HS graduation and their new graduate taking one year off to work. Out-of-state tuition cost 2.5 to 3 times as much as in-state tuition. It is needless to pay that if the parents can otherwise transfer in their job(s) or obtain a new one.[/quote]
I don’t think many parents now close(r) to the retirement (in their 50s) would up and go just for the kid to get residency in a certain state. Jobs for “older” people are harder to find too. So that leaves the kids having to borrow a boatload of money to pay for an out-of-state and/or private college.
Coming back to California – if there will be many more in-state QUALIFIED applicants, wouldn’t that translate in more money paid to the universities => more money to hire/expand teachers/classes etc.?
May 6, 2011 at 1:13 PM #693039Scarlett
Participant[quote=bearishgurl](…)I think there are and will be too many incoming students who are qualified and want to attend CA public universities when there are insufficient billets. Thus, they will have to go private or out of state if they want to work on a four-year degree. This could cause some parents to move to another state at least one-year prior to HS graduation to establish residency. Or move after HS graduation and their new graduate taking one year off to work. Out-of-state tuition cost 2.5 to 3 times as much as in-state tuition. It is needless to pay that if the parents can otherwise transfer in their job(s) or obtain a new one.[/quote]
I don’t think many parents now close(r) to the retirement (in their 50s) would up and go just for the kid to get residency in a certain state. Jobs for “older” people are harder to find too. So that leaves the kids having to borrow a boatload of money to pay for an out-of-state and/or private college.
Coming back to California – if there will be many more in-state QUALIFIED applicants, wouldn’t that translate in more money paid to the universities => more money to hire/expand teachers/classes etc.?
May 6, 2011 at 1:13 PM #693644Scarlett
Participant[quote=bearishgurl](…)I think there are and will be too many incoming students who are qualified and want to attend CA public universities when there are insufficient billets. Thus, they will have to go private or out of state if they want to work on a four-year degree. This could cause some parents to move to another state at least one-year prior to HS graduation to establish residency. Or move after HS graduation and their new graduate taking one year off to work. Out-of-state tuition cost 2.5 to 3 times as much as in-state tuition. It is needless to pay that if the parents can otherwise transfer in their job(s) or obtain a new one.[/quote]
I don’t think many parents now close(r) to the retirement (in their 50s) would up and go just for the kid to get residency in a certain state. Jobs for “older” people are harder to find too. So that leaves the kids having to borrow a boatload of money to pay for an out-of-state and/or private college.
Coming back to California – if there will be many more in-state QUALIFIED applicants, wouldn’t that translate in more money paid to the universities => more money to hire/expand teachers/classes etc.?
May 6, 2011 at 1:13 PM #693791Scarlett
Participant[quote=bearishgurl](…)I think there are and will be too many incoming students who are qualified and want to attend CA public universities when there are insufficient billets. Thus, they will have to go private or out of state if they want to work on a four-year degree. This could cause some parents to move to another state at least one-year prior to HS graduation to establish residency. Or move after HS graduation and their new graduate taking one year off to work. Out-of-state tuition cost 2.5 to 3 times as much as in-state tuition. It is needless to pay that if the parents can otherwise transfer in their job(s) or obtain a new one.[/quote]
I don’t think many parents now close(r) to the retirement (in their 50s) would up and go just for the kid to get residency in a certain state. Jobs for “older” people are harder to find too. So that leaves the kids having to borrow a boatload of money to pay for an out-of-state and/or private college.
Coming back to California – if there will be many more in-state QUALIFIED applicants, wouldn’t that translate in more money paid to the universities => more money to hire/expand teachers/classes etc.?
May 6, 2011 at 1:13 PM #694143Scarlett
Participant[quote=bearishgurl](…)I think there are and will be too many incoming students who are qualified and want to attend CA public universities when there are insufficient billets. Thus, they will have to go private or out of state if they want to work on a four-year degree. This could cause some parents to move to another state at least one-year prior to HS graduation to establish residency. Or move after HS graduation and their new graduate taking one year off to work. Out-of-state tuition cost 2.5 to 3 times as much as in-state tuition. It is needless to pay that if the parents can otherwise transfer in their job(s) or obtain a new one.[/quote]
I don’t think many parents now close(r) to the retirement (in their 50s) would up and go just for the kid to get residency in a certain state. Jobs for “older” people are harder to find too. So that leaves the kids having to borrow a boatload of money to pay for an out-of-state and/or private college.
Coming back to California – if there will be many more in-state QUALIFIED applicants, wouldn’t that translate in more money paid to the universities => more money to hire/expand teachers/classes etc.?
May 6, 2011 at 1:21 PM #692971Scarlett
Participant[quote=bearishgurl]Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant][/quote]
Errr…. I have no experience with college loans, but I am very surprised that students are allowed to even borrow more than strictly tuition+books/materials. Don’t they have to justify the expenses?
May 6, 2011 at 1:21 PM #693049Scarlett
Participant[quote=bearishgurl]Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant][/quote]
Errr…. I have no experience with college loans, but I am very surprised that students are allowed to even borrow more than strictly tuition+books/materials. Don’t they have to justify the expenses?
May 6, 2011 at 1:21 PM #693654Scarlett
Participant[quote=bearishgurl]Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant][/quote]
Errr…. I have no experience with college loans, but I am very surprised that students are allowed to even borrow more than strictly tuition+books/materials. Don’t they have to justify the expenses?
May 6, 2011 at 1:21 PM #693801Scarlett
Participant[quote=bearishgurl]Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant][/quote]
Errr…. I have no experience with college loans, but I am very surprised that students are allowed to even borrow more than strictly tuition+books/materials. Don’t they have to justify the expenses?
May 6, 2011 at 1:21 PM #694153Scarlett
Participant[quote=bearishgurl]Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant][/quote]
Errr…. I have no experience with college loans, but I am very surprised that students are allowed to even borrow more than strictly tuition+books/materials. Don’t they have to justify the expenses?
May 6, 2011 at 1:22 PM #692976briansd1
Guest[quote=flu]
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
[/quote]Be sure to do proper estate planning and transfer the shares of the company to your heirs at the most appropriate and beneficial times.
May 6, 2011 at 1:22 PM #693054briansd1
Guest[quote=flu]
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
[/quote]Be sure to do proper estate planning and transfer the shares of the company to your heirs at the most appropriate and beneficial times.
May 6, 2011 at 1:22 PM #693659briansd1
Guest[quote=flu]
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
[/quote]Be sure to do proper estate planning and transfer the shares of the company to your heirs at the most appropriate and beneficial times.
May 6, 2011 at 1:22 PM #693806briansd1
Guest[quote=flu]
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
[/quote]Be sure to do proper estate planning and transfer the shares of the company to your heirs at the most appropriate and beneficial times.
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