Why do people continue to borrow money to pay extremely high prices for a product of low dwindling value? If government had stayed out of it, the cost of higher education would still be at affordable prices and they would only teach subjects of value.
It’s very easy to make Social Security work. At the present time, Social Security taxes are only deducted on the first $118,500 of income. If people making more than that paid the same percentage as those below it, it would save the program for eternity. At the time SS began, the income inequality gap wasn’t such an issue. Now, with 1% of the people having as much wealth as the bottom 90%, all that would be necessary for the entire country to work for everyone is to have that 1% pay their fair share.
At the time that we made high school free the idea was that it was cheaper to make people job ready than to deal with a bunch of people who couldn’t do much of anything, and high school was considered a good education. That is now the situation with a college education.The average college graduate pays about $5800 more a year in federal taxes than the average high school graduate. Over 30 years, that totals about $172,000. If that’s divided by the 4 years it takes to get a college education, the government would break even if it paid every student $42,000 a year to attend school.
This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, that more students would complete high school if they could see a clear way to a really good job, and that they would be enriching the Social Security and Medicare funds. They would also be paying a larger amount in all other types of taxes. And, the person who takes the job he would have been doing without the education is contributing to society instead of being unemployed.The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades, and increase the number of schools and teachers to make room for all who can profit from the education. We don’t, even at a time of high unemployment, have so much a lack of jobs as we have a lack of people who have the skills to perform the jobs that are available- in other words, a lack of education.
Anyone detecting a pattern here? We have the GNP to make this a system that is set up to give everyone a fair shot at a middle class life, decent health care and a secure retirement. Why aren’t we doing it?
just imagine…if the 1973 US Supreme Court had not decided Roe vs Wade as it did; and as a result we now had 60 MILLION more tax payers contributing to Social Security, would we even would be having this conversation.
pschearer Premium Member over 5 years ago
Must be planning to take liberal arts.
Owhatadoc Premium Member over 5 years ago
Best cartoon of the month!!!
J Short over 5 years ago
Be sure to pick a subject that has no value on the job market.
Jack Bell Premium Member over 5 years ago
Why do people continue to borrow money to pay extremely high prices for a product of low dwindling value? If government had stayed out of it, the cost of higher education would still be at affordable prices and they would only teach subjects of value.
RonnieAThompson Premium Member over 5 years ago
Let Congress and the President pay their student loans they’re millionaires.
Zen-of-Zinfandel over 5 years ago
The “system” began in 1933 and may be exhausted by 2033.
Diane Lee Premium Member over 5 years ago
It’s very easy to make Social Security work. At the present time, Social Security taxes are only deducted on the first $118,500 of income. If people making more than that paid the same percentage as those below it, it would save the program for eternity. At the time SS began, the income inequality gap wasn’t such an issue. Now, with 1% of the people having as much wealth as the bottom 90%, all that would be necessary for the entire country to work for everyone is to have that 1% pay their fair share.
Diane Lee Premium Member over 5 years ago
This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, that more students would complete high school if they could see a clear way to a really good job, and that they would be enriching the Social Security and Medicare funds. They would also be paying a larger amount in all other types of taxes. And, the person who takes the job he would have been doing without the education is contributing to society instead of being unemployed.The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades, and increase the number of schools and teachers to make room for all who can profit from the education. We don’t, even at a time of high unemployment, have so much a lack of jobs as we have a lack of people who have the skills to perform the jobs that are available- in other words, a lack of education.
Diane Lee Premium Member over 5 years ago
Anyone detecting a pattern here? We have the GNP to make this a system that is set up to give everyone a fair shot at a middle class life, decent health care and a secure retirement. Why aren’t we doing it?
hooglah over 5 years ago
Get a job and pay as you go. Be frugal. I did. It works.
Indianapolis Smith over 5 years ago
Heh heh! Kid thinks he’s going to college!
psampson over 5 years ago
Barely qualifies as satire in our time.
R.R.Bedford over 5 years ago
just imagine…if the 1973 US Supreme Court had not decided Roe vs Wade as it did; and as a result we now had 60 MILLION more tax payers contributing to Social Security, would we even would be having this conversation.