Thursday, October 04, 2012

When voting to increase your property taxes. . .

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[Politifact.com] “We first checked with the Romney campaign, which said the figure came from the College Board, which produces an annual study of college costs. The College Board found that for the school-year 2008-2009, the average published tuition and fees for in-state students at public four-year colleges and universities was $6,585. By the 2011-2012 school year, it stood at $8,244. That’s an increase of slightly over 25 percent. So the claim has a grain of statistical truth.  “

Then Politifact goes on to do a different statistic—all costs—and claims since that cost is around 20%, the add is mostly false!  Also it was working with a Spanish language ad and didn’t like the translation.

Why put this in a campaign? It's about state supported colleges. Well, states are struggling to support our state institutions because they have all those mandates from the feds--and Obamacare will only increase that as more get bumped from employer insurance to Medicaid. That said, when I stroll across the campus at OSU, I can't believe the plush, lush, extravagant buildings and perks students of the 21st century have. College tuition and fees today are 559% of their cost in 1985. Makes medical costs look like a bargain.

4 comments:

Anonymous said...

Hey Norma,

How exactly to you spell "hypocrite"?

The driver behind escalating college costs is TEACHERS SALARIES, PENSIONS and BENEFITS.

I think Ohio should follow Michigan's lead, CUT TEACHER PENSIONS (retroactively):
"LANSING — A judge has suspended changes to the teacher retirement system that would cost current and retired workers more but save school districts billions of dollars.

Gov. Rick Snyder on Tuesday signed legislation changing the Michigan Public School Employees Retirement System by increasing costs for current retirees and reducing how much the system will pay workers when they retire."
http://www.pressandguide.com/articles/2012/09/07/news/doc5049ed2cf1f84057663948.txt

Heck, Romney/Ryan would eliminate the entire Department of Education!
With all these Republican Governors in place, maybe we can eliminate teacher pensions entirely!

Now, if we can just get old people onto a Medicare Voucher program, where each has to pay at least $2000 more per year out of their pocket, and can go to bed every night in fear of predatory capitalist insurance company raising their rates even more, while at the same time trimming back their coverage options.
Sweet, sweet Free Market Capitalism.
Survival of the Fittest!!


By the way, ObamaCare benefits colleges, in that every student on campus now is now covered by affordable health insurance via their parents policies!

Thank you President Obama!!

Norma said...

This is a discussion of why the state has less money to support state colleges/universities, and that reason is the state now has mandates to pay other priorities. That means parents/students/loans will have to pick up the difference.

Private and employer insurance policies already covered students in college, so I'm not sure why you think Obamacare will be such a bargain, plus students medical insurance was always a great buy. I know adults who used to enroll for a class just to get the insurance!

Norma said...

Eliminate the Dept. of Ed.? What a terrific idea. It's not the federal government's responsibility--that belongs to the state. We didn't have one until 1980--around the time costs began going up and up. The cost of a public college education hasn't kept up with the cost of anything else, and before the DoEd, most middle class families could afford college.

Norma said...

"State Higher Education Executive Officers, a nonprofit group, shows clearly what has happened in public higher education since 1985. In Michigan, for example, the net tuition paid per student (after financial aid) rose from about $3,900 in 1985 to nearly $9,000 in 2010, in inflation adjusted dollars. A similar jump occurred in Pennsylvania, where net tuition per student has gone from about $4,500 in 1985 to more than $8,800 in 2010. In response, students have turned to loans. In the last decade, federal college loan debt has more than doubled from $41 billion to $103 billion, according to the College Board."
http://www.nytimes.com/2012/02/04/opinion/reining-in-college-tuition.html?_r=0

So the more federal money is available for tuition money, the higher the tuition goes. Funny how that works.