by Gary C. Gibson

Created on: October 06, 2008

A minority regarding college attendance is a student without any money. Poverty cuts white people out of college attendance just like it can black people; it is cold blooded to discriminate on a derm basis when the weather is cold or hot and the books are expensive.

Financing for potential students at the college level can be costly-yet where else can one hang out for a few years except maybe in the Army or Navy and enjoy life while learning something useful for later? The cost of prison is about 35,000 per prisoner so it may be a better social expense to send students to college.

College loans for undergraduates do work, and with a Pell grant one can afford to attend a decent public college...I tried this myself. Student loans are good for the first four years (undergraduate status) yet not of much value for graduate students-keep this in mind because depending upon your undergraduate major it may be necessary to have a graduate degree in order to get a professional job that pays better than burger flipping. Hard degrees like engineering tended to pay better in the past, yet engineering jobs too are outsourced to China nowadays, and the Bush administration has had an ethnic Chinese lady as head of the U.S. Department of Labor for years to convince the Communist Chinese leadership that Americans are workers are just peons too so they should be happy being cheap producers for American corporations and M.B.A.'s.

The outsourcing jobs and in sourcing aliens federal policy during the Clinton-Bush years has paid off for college students too. With the ongoing Bank loans bust college loans are being adversely affected and harder to get. Sallie May lost 1.6 billion on bad student loans in just one quarter this article reported...

http://articles.moneycentral.msn.com/Coll egeAndFamily/CutCollegeCosts/TheComingStudentLoanCru nch.aspx

Bank of America and J.P. Morgan-two banks weathering this bank crisis by buying up others or mortgage lenders such as countrywide or Washington Mutual have lent a 31 billion dollar line of credit to Sallie Mae for loan solvency. Personally my college degree wasn't every worth a dime of earnings so it's much ado about nothing for me. With an interest in social sciences and humanities second rated significantly in the popular realm for a few years studying society and reading philosophy with a little non-profit writing thrown in is about all that remains of vestigial education applications. Americans are practically mislead on fundamental macro-economic

• 1
• 2
• 3
• 4
• Next Page >>