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We all got free copies ofTALKING TO STRANGERS which I stayed up late rwading.

Seemed extra profound

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[quote=FlyerInHi]Supply and demand.
At one time modest Silicon Valley houses were affordable to the average joe working manufacturing. . Would you say those houses are not worth what people pay today? The law of economics is that it’s worth what people will pay.

In a global economy, we now have world wide demand for prestigious American education. In an information world, brands are more powerful, and hat’s how museums and universities are able to open branches abroad.

I think scaredy is arguing that financial aid is market distorting.[/quote]

Yes it is. And I propose in protest all American parents say no to any aid package that involves loans or cash payments from parents.

Parental money distorts the market

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[quote=Myriad][quote=scaredyclassic]
Make tuition require the same disclosures as security prospectuses.[/quote]

Sounds great, but I’m assuming 99% of the people wouldn’t read them, just like prospectuses for investments. LOL[/quote]

it’s not necessary for all investors to read the prospectus, since information disclosed is incorporated into the price…. if you belie ve in an efficient market, and i think we all do, as that is our collective religion, then having the information mandated publicly available means it will be incorproated into all of our decisionmaking through the power of markets.

disclose endowments, salaries, all expenses…disclose all admissions standards.

disclose employment outcomes.

disclose financing ramifications and all borrowers repayment status, including late payments.

disclose disclose disclose.

i have a feeling demand would go down…

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[quote=svelte][quote=scaredyclassic]Is it what it is? Or is it some bizarre economic aberration that society will soon look back on as absurd?

I guess I voted No, by saying no to any private school for my 3 kids. But I was lucky enough for 2 of them to get into cal state and afford it for cash, and the 3rd is looking good too. I dont feel personally scammed, other than all the woes I had with my own student loans.
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I do get frustrated seeing folks pay a ton for a history, english, or art degree. Absurd. But it’s their money. This is where the Republican in me (not that I have a lot) comes out. Buyer beware. If you’re stupid, you’re bound to spend your money unwisely one way or another. Colleges seem a better receptacle of stupid money than other places.

Another time I was unhappy was when I considered going back for a second degree, and found out UC and State would charge MORE for a second degree! Theory being I guess that the state was chipping in for the first one, but I’d have to pay full rate for the second. I felt this was absurd and I was already paying a LOT for my first degree!

I also remember that my university implemented quite a surcharge on tuition my senior year to pay for building a new Student Union…that wouldn’t open until after my senior year. I was extremely unhappy about that. Seniors should have received a pass on that surcharge!

This thread is reopening old wounds…[/quote]

Make tuition require the same disclosures as security prospectuses.

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[quote=flu]Because there are people who struggle and have a minimum wage job at best, and their kids deserve a chance to get out of the shithole, especially if their academic credentials are good.

And if it wasn’t considered, people like me would make my kid apply for financial aid while I spend my money on a McLaren. Of course there are a lot of Americans that do just that, where they would bleed there live savings to death to buy bling and then complain about how their kid needs to take out a student loan….And I’m sure if you really wanted to, you could also take that approach…

But I guess for some of us, that goes against the grain of reason and responsibility….Yes, folks like this are suckers.. Oh well.[/quote]

If parental income and money was by law not considered, kids would pay for their own education.

Which would lower the price.

And actually seems like a fair set up, notwithstanding the fact that I didnt pay for mine.

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My mom thinks I’m being a dick, because she paid full freight at an ivy league school for me. I admit, the optics are not great.

She doesnt see me as on the moral high ground ranting against the system.

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Is it what it is? Or is it some bizarre economic aberration that society will soon look back on as absurd?

I guess I voted No, by saying no to any private school for my 3 kids. But I was lucky enough for 2 of them to get into cal state and afford it for cash, and the 3rd is looking good too. I dont feel personally scammed, other than all the woes I had with my own student loans.

But people I know are betting huge sum s on their kids futures paying sucker tuition fees like drunken tourists in vegas. Probably a dumber bet, too. Debt, draining bank accounts, foolishness! A GIANT SCAM.

What if one year every parent in america said NO. No mas!!!.

No loans.

No fafsa.

No help.

No money to colleges other than cash payments in 2020.

Bring the system to its knees.

The revolution will not be amortized.

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[quote=flu]Because there are people who struggle and have a minimum wage job at best, and their kids deserve a chance to get out of the shithole, especially if their academic credentials are good.

And if it wasn’t considered, people like me would make my kid apply for financial aid while I spend my money on a McLaren. Of course there are a lot of Americans that do just that, where they would bleed there live savings to death to buy bling and then complain about how their kid needs to take out a student loan….And I’m sure if you really wanted to, you could also take that approach…

But I guess for some of us, that goes against the grain of reason and responsibility….Yes, folks like this are suckers.. Oh well.[/quote]

Why is the price absurdly high?

Student loans.

Why do parents feel morally compelled to over pay?

Fear

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http://Www.wealthfront.com

I like it

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[quote=The-Shoveler]Give out $300-$700 cash to each homeless person monthly, pass out food, medical help.
Pass laws so no one can stop you from sleeping anywhere in the city of LA.

etc.. there are a lot of incentives to move to California if you are homeless vs other states.

Add in good weather and you become a magnet for the homeless.[/quote]

Still researching, but a cursory google search of reddit, quora, on people answering “what’s the best place to be homeless”, CA isn’t a clear first choice.

Some other places actually give living places to the homeless.

“free food” doesn’t sound unique to CA, most states don’t want people to starve. I don’t think that qualifies as “red carpet treatment”.

Free medical care? would people travel 1000 miles for a shot clinic or a free clinic to bandage some ulcers?

I
still searching, but someone in another forum referenced a paper on the “myth” of hordes of out of staters coming to CA for “great benefits”. It might be that the overwhelming majority of homeless are basically locals with no helpful social network.

when I think “red carpet, I think of more than a homeless shelter, $300 and a soupkitchen.

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[quote=FlyerInHi]T Boone Pickens just died. I think I would have liked to be rich and famous like him.
He was likely not a nice guy but he was rich and powerful and did what the wanted. Why not, if you can?[/quote]

All these desires lead to more desires, next thing you know you’re reincarnated as yet another striving unsatisfied creature

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Dry toilet paper simply doesnt work. But a wash let seems overkill.

Paper towels water and a bag…but how to make it more sleek in execution?

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[quote=The-Shoveler]”claim your networth is increasing as the housing shortage continues”,

Actually not a useless number, there are several ways to tap into it.

I find it interesting we seem to invite the nations homeless to settle with red carpet incentives, then enact rent control in response to the homeless crisis.

Meanwhile we spend 700K for a “1” bedroom homeless housing unit.[/quote]

Red carpet incentives?

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I trying hard not to buy things I dont really want just because they’re a “good deal”. My wife wouldnt move to NV anyway .

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I’ve been reusing the same free Starbucks plastic water cup for about a month. It’s the least I can do

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