Monday, April 30, 2012

The Cost Of Getting A College Education.

Ya know, I've complained about the high price of a college education and why the government hasn't stepped up to the plate to help poor and middle-income families get a decent education for their kids. An editorial in the Washington Post this morning helped me with an idea. Government should help more and one way they could, is the same way insurance companies handle pricing by Doctors, hospitals, auto body repair shops and a variety of other services. They look at what a specific operation or sickness or bent fender should cost in a specific area and that's the price they will authorize. What would be wrong with that for college? Certainly a substantial number of students need those loans to pay for tuition What's a college gonna do, stop educating? No, more likely weed out the waste and unnecessary. Streamline their education and offer what works and majors that actually have job openings when the student graduates. Which is another area where colleges and universities are wasteful, but wasteful of young people's time as well. Hey, if ya wanna major in basket weaving and decorating, fine, but pay for it yourself. And don't expect to land a posh job with a major tech corporation or law firm after graduation. Shoe repair would be another profession that's unlikely to reward you with great riches. I don't know if that's on the list of majors on the college website or not, but you know as well as I do that there are some pretty bizarre offerings. That's okay, but should the government subsidize a student who wants to do such a thing. It's as bad as an athlete taking advanced video game competition. If universities are going to award scholarships for football, then either leave it at that or make them take a course that will actually help them get a job when they find out they can't play pro ball. So when a college publishes a tuition of $25,000, the government or insurance company or bank can get it for $27.95.

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