Showing posts with label tuition. Show all posts
Showing posts with label tuition. Show all posts

John Stossel: Political Promises

How to buffalo low-info voters. Democrats trash businesses. But if businesses promised things the way politicians do, the owners would be jailed for fraud. It's not legal to promise more than you can deliver. I don't suggest that prosecutors should go after politicians who lie. Voters can do that. Political speech should be free. But politicians' promises   ... MORE

Walter E Williams: Gullible Americans

The willingness to buy a pig in a poke.   Jonathan Swift, satirist, essayist and political pamphleteer, is a favorite of mine. He wrote "Gulliver's Travels." One of Gulliver's voyages was to Laputa, where he visited the grand academy of Lagado, whose scientists have visions not unlike today's politicians who exploit mankind's gullibility. Before ... MORE

Walter E Williams: Squandering Resources On Education

Most college students do not belong in college.       I am not by myself in this assessment. Washington Post columnist Robert Samuelson said, "It's time to drop the college-for-all crusade," adding that "the college-for-all crusade has outlived its usefulness." Richard Vedder, professor emeritus of economics at Ohio University, reports that   ... MORE

Joshua Krause: Americans Embrace Debt As New Norm

7 in 10 believe that debt is necessary.   America’s debt problem has been widely documented over past few years, and not just the public kind. The average American is swimming in trillions of dollars in medical fees, car payments, mortgage liabilities, as well as credit card statements and college tuitions. However, none of that is shocking        ... MORE

Steve Baker: Cell Phones And College Tuition

Why do cell phones get cheaper while tuition gets higher?   In 1978, my college tuition was about $1,200 per year.  In 1985 my first cell phone also cost me $1,200, and its sole function was that it could make phone calls -- at about a buck per minute.  (Motorola's first cell phone hit the market at $3,995!) But something interesting happened to    ... MORE

Debra J. Saunders: Price Of Obama's 'College Affordability'

Soaring debt encouraged by the president. "No family should have to set aside a college acceptance letter because they don't have the money," President Barack Obama told the Democratic National Convention as he accepted his party's nomination in Charlotte, N.C., this month. That sentence -- key in Obama's "college affordability" agenda        ... MORE

VIDEO: The Student Loan Crisis

Be afraid. Be very afraid.    Because you see, another financial crisis looms. Just as there were millions of people given mortgages they couldn't afford, a million graduates are about to discover they have a useless degree they couldn't afford.

VIDEO: Unintended Consequences of Price Controls

Prof. Antony Davies explains that prices are not levers that set value, but rather, are metrics that respond to value. Therefore, since government cannot legislate value, attempts to control prices will generate unintended consequences. Using the minimum wage as an example, Davies demonstrates that minimum wage laws increase unemployment rates amongst low-skilled workers.