Some older Americans say millennials’ student debt is their own fault

Discussion in 'Political Opinions & Beliefs' started by Bluesguy, Sep 14, 2019.

  1. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Just to the point of Elizabeth Warren supposedly making $400,000 to teach ONE class. Her regular faculty salary was $192,550, which is in line what full professors at Harvard make

    http://www.hcs.harvard.edu/~pslm/livingwage/originalpage/salaries.html

    It is also astounding to see people think that Harvard is just going to pay anyone these kind of salaries who doesn't have the credentials. Warren can't just walk into the Deans's office and say "I am a good socialist, I deserve $400,000 salary" and they comply. Harvard is a private school, they don't have a tendency to overpay salaries, if they don't have to. If she commands that kind of salary, it means that they were worried that she would go elsewhere with her skills. As to the credentials, here is her list of publications:

    https://hls.harvard.edu/faculty/directory/10935/Warren/publications

    This is not even to defend Elizabeth Warren in particular. I am just tired of the RW memes that paint university professors in general as some sort of leeches who command undeserved high salaries because they supposedly tow a political line, not because they are experts in their field of study.
     
    Last edited: Sep 15, 2019
  2. God & Country

    God & Country Well-Known Member

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    Ms. Warren did in fact get paid over $400,000 a year by Harvard. Part of that compensation is for Harvard's bragging rights for hiring a Native American. It's important to note she ran this same scam at Rutgers, the University of Texas Law School and the University of Pennsylvania Law School. Americans are entitled to know this about Warren but while no opportunity to skewer Trump is wasted, Warren gets a pass from the media and the left. Also her election to the Senate was pretty shady, the Massachusetts Democrat Crime Family was behind that and squashed any and all opposition and it was quickly forgotten. This is going to bite her in the ass.
    https://www.masslive.com/politics/2012/01/elizabeth_warren_got_nearly_43.html
     
    Last edited: Sep 15, 2019
  3. squidward

    squidward Well-Known Member

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    More show than go.

    Had the grades, scores and papers, attending college without grad programs
     
    Last edited: Sep 15, 2019
  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    Get the government out of shoving money into it everytime students whine about having to pay for it. Have them be more transparent about how much they are paying professors and what they are getting for it. Require college advisers to show prospective students what their field of study is paying in the real world and run then numbers on what it will cost them and how long it will take to pay it off.
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    On what and what is it going to get us and how much money for them? Did they get a patent out of it? Did they get to sell the research or did the university, who owns it?
     
  6. Bluesguy

    Bluesguy Well-Known Member Donor

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    It's the government that runs student loans.
     
  7. Bluesguy

    Bluesguy Well-Known Member Donor

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    If anyone defrauded them it was the school, so how do we hold them accountable?

    IMO the best outcome available is to

    So the taxpayer would be on the hook for their bankruptcy.

    I'm all for having the universities and professor cover some of it, the question is how to do so legally.

    I wouldn't guaranty them at all.

    I'd move it back to the banks who have a fiduciary interest in the other people's money they loan.

    Or at least the full disclosure I discussed above.

    Absolutely.

    I would love to see a joint committee of Congress investigate and then hold hearings and bring some of these students in and then the administrators and professors to justify the HUGE increases in cost and how they are saddling students with this debt knowing their field of study will not support it.
     
  8. jdog

    jdog Banned

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    Each person is free to make their own decisions. If you of free will take on more debt than you can handle, you should not expect your fellow citizens to pay taxes to bail you out. No one tricked anyone into taking these loans, and the ones who did need to develop some maturity and accountability.
     
  9. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Well, if you published papers, then I presume that you benefited from the undergraduate research experience. I know quite a few good labs doing undergraduate research at four year institution. A graduate school institution is not required, but helps with respect to research infrastructure, instruments and funding.
     
  10. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Hey, what is YOUR work getting ME? Just curious?

    In any case, I have no reason to believe that you ask these questions for any other reason than to disparage my work.
     
  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    And the question is why. Students should shun these expensive colleges and go to less expensive colleges like state and community colleges, the more expensive are obviously a rip off.
     
  12. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Hey, why don't you try to apply to Harvard, pretending that you are a Native American, and see how easy it is to get a $400,000 faculty position?

    Second, I understand her regular salary is $192,550, the rest is for consulting work, which universities often encourage, if it raises the profile of the faculty involved in the activity.
     
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  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    A lot of the products you enjoy I sell to manufacturing. What did it cost the students to write the paper which you haven't said what it was on. Did they sell it? Do they get some kind of royalties out of it? How did I disparage your work?
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    Why? Why does she get paid that much just to teach a subject? If they are paying her that much then how does she have time to do consulting work. So Harvard paid her $192,500 for a part time position?
     
  15. Quantum Nerd

    Quantum Nerd Well-Known Member

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    You didn't disparage yet, but the tone of your questioning indicates to me that you will. Because in your world, there can never be anything worthwhile that does not result in monetary gain.

    Look, these students do research for credit, or some of them volunteer, so they 1) have the opportunity to work on a subject that nobody had worked on before, resulting in innovation, 2) to get hands on experience in laboratory and research techniques, and 3) to put the experience on their resume, helping them to be marketable in the job search, or in admissions to graduate or medical school. Now, go ahead and criticize.
     
  16. squidward

    squidward Well-Known Member

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    Did REU for two summers. Did research at my school as well.
    But in my opinion, most undergrad research is just dabbling.

    The mcat has really changed. A quarter of the test is now sociology and psychology junk, fully designed to get students that aren't the strongest in science to score better. And now you don't even have to take calc based physics to get into med schools.
     
  17. garyd

    garyd Well-Known Member

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    That was true when I was in college back in the sixties and seventies. However my first semester's tuition was 90 dollars and my room rent off campus was sixty-five dollars
     
  18. Quantum Nerd

    Quantum Nerd Well-Known Member

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    And you get paid for the sales job you do. If you didn't do it, they'd pay someone else. How does society benefit?
     
  19. Quantum Nerd

    Quantum Nerd Well-Known Member

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    I agree that half of the students are only in it to put it on the resume. Those are not the ones who benefit. Roughly 10% of undergrad research students I have advised were absolutely outstanding, with research and publications being a springboard for outstanding careers in the medical field, academia, or industry.

    As to the MCAT, if you don't take calc based physics, med schools are still going to weed you out. There are only so many med school seats. It doesn't matter what the MCAT tests, the cream still rises to the top.
     
  20. jay runner

    jay runner Banned

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    You can only believe 10% of what you hear when it's your money future on the line.
     
  21. Sanskrit

    Sanskrit Well-Known Member

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    Sometimes universities do that very thing as a concession/signing bonus when the person in question is married to a respected, in-demand, legitimate legal scholar while simultaneously offering a twofer of "diversity hire" boxes.

    All one really has to do to understand Warren's otherwise totally inexplicable ascendancy to the Harvard faculty is do a little looking into her husband. Doubt you realized that, and based on your posting history here, you likely would "forget" to mention it even if you did.
     
    Last edited: Sep 15, 2019
  22. jay runner

    jay runner Banned

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    It has devolved into a poor choice. Surely if people go to college, finish, and then can't pay their bills and loans that has to be obvious. College gets them behind, not ahead.
     
  23. jay runner

    jay runner Banned

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    https://legalinsurrection.com/2019/...es-it-wealthier-than-109-countries-in-the-sw/

    Students are not benefiting. Time for colleges and universities to expend that treasure trove to cover student loans.
     
  24. Lesh

    Lesh Banned

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    WTF are you talking about?

    I'm paying 6% on school loans my son had to take out in 2004
     
  25. squidward

    squidward Well-Known Member

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    Unless a chem or physics major, they don't take it.
    Most are bio majors, or now this new biomedical sciences degree and take a physics which is the equivalent of high school physics in years past.
     

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