How The Resource Squeeze Will Play Out
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[image: How The Resource Squeeze Will Play Out]
Contrary to what many economists will claim, we’re going to move into a
resource constrained era. This is ...
1 day ago
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That is insane! College presidents making six or seven figures, and students are reduced to food pantries? WTF? What is next, shanty towns on the college quads?
ReplyDeleteThese profit centers - masquerading as "non-profit educational institutions" - do not give a damn about the students. They want to line their own pockets. Nothing more.
ReplyDeleteThe FAFSA expanded the determining questions to verify if a student is considered a "Dependent" or "Independent" to include student homelessness. If the student can document they are homeless, they can be declared "independent" and most likely qualify for a lot of financial aid support if they have no income and assets of their own.
ReplyDeleteAll of the dorm space at colleges gives these homeless students a place to live in the hopes they can normalize and socialize, and hopefully transition to productive life, but the economy is not robust to support them after graduation.
Is it better they have no access to college on the federal and state dime so that they can get busy solving their real life problems of employment and housing? Even though financial aid can pay for a lot, there are plenty of students that can't feed themselves as this post demonstrates.
As someone who works with the homeless population and near homeless,I am not understanding your outrage on this one.
ReplyDeletePutting a food pantry on the actual campus might seem kind of rare, but it is not like really poor students have not been going to food pantries off campus for years.
Not every student (or person in the world) has resources such as family and friends to provide them with food, and would you really prefer that poor students go deeper in student loan debt for basic food.
While I generally promote college alternatives, and I worry about people trying to better themselves only to find out they would have been better off without a degree and the corresponding student loan debt, it is not like people that are poor enough to go to pantries and soup kitchens are a different type of people.
I find it ironic that people who are incurring tens of thousands of dollars of debt are using a food pantry. Maybe it's just me.
ReplyDeleteThe way I see it, if I have no degree and no debt but also no job or hope for one then why not take the loans to go to school? If the degree helps me land a job then great. If not then at least I had 4 years of stability. If afterwards I'm left with a degree, debt, no job or hope for one then oh well. What will they take from me? I had nothing and still have nothing. Can't squeeze blood from a stone. Should we reenact debtors prison? Great! Food, shelter, and stability - here I come. With the wars coming to a close the military isn't the haven, if you can call it that, it once was.
ReplyDeleteBottom line, if I have no hope, then I'll take on all the debt I can.
@4:55 PM: I have a bachelors and a masters and ten years experience and guess what? My position was phased out two weeks ago. It took me nearly over a year to land my last position after being downsized in early 2009. I have to start my job search all over again.
ReplyDeleteDon't kid yourself kid. If people who are in their late 20's, 30's and even in their 40's who have degrees *and* experience are having a rough go of it in finding jobs, what makes you think that your degree would really mean much in today's market?
You have to also realize if you have an outstanding loan near six figure debt (which most grads these days have), you can't buy anything: no car, no home, and you may even have problems renting. If you are late on your payments that may even ruin your chances in obtaining a job since most employers run credit checks on candidates.
Sorry, but running off to school and taking out loans to cover today's outrageous tuition costs is just asking for it. Most of the degrees today (liberal arts, law, and some technical) are a dime a dozen and if graduate from a 3T or 4T college, you would not be considered employable in some companies.
@4:55 PM: I have a bachelors and a masters and ten years experience and guess what? My position was phased out two weeks ago. It took me nearly over a year to land my last position after being downsized in early 2009. I have to start my job search all over again.
ReplyDeleteDon't kid yourself kid. If people who are in their late 20's, 30's and even in their 40's who have degrees *and* experience are having a rough go of it in finding jobs, what makes you think that your degree would really mean much in today's market?
You have to also realize if you have an outstanding loan near six figure debt (which most grads these days have), you can't buy anything: no car, no home, and you may even have problems renting. If you are late on your payments that would even ruin your chances in obtaining a job since most employers run credit checks on candidates.
Sorry...but running off to school and taking out loans to cover today's outrageous tuition costs is just asking for it.
@ 3:25 PM,
ReplyDeleteI understand what you're saying. And truly, I don't think a degree means anything - that's not my point. My point is, if I have no other options but someone is willing to fork over cash because I "promised to pay them back" and it turns out I can't, there is really only so long I'd personally feel bad about it before letting it all go and challenging them to get their money back. If I can't get a job WITH a degree to pay my debts then why should I care about the amount at all?
Mendota Heights Personal Trainer
ReplyDeleteI recently noticed your website back i are generally looking through which on a daily basis. You’ve got a loads of information at this site so i actually like your look to the web a tad too. Maintain the best show results!
School be a place to learn stuff.
ReplyDeleteThe students going to food banks & soup kitchens are learning what the future holds for them!
Who says college isn't worth it! A great life experience and training for the future!
I used to go to the food pantry during undergrad. Luckily I moved up to food stamps for law school so I'm living large. No joke!
ReplyDelete