Students should pay for the entire cost of education-later
andyt andyt:
It's not just the tuition. It's that high paying entry jobs are very rare these days. When I went to uni, I paid my way by going logging in the summer. You can save a lot of money when you're being paid a good hourly wage, working 6 days a week (ie overtime) and have to pay $2.50 a day for room and board.
I think there's something to his proposal. You would pay the true cost of your education, but you would be paying it when you've got a career going, with decent earnings. Nothing wrong with that.
He wants to have people who earn more pay more - so what, differential fees for uni depending on earnings? Really that's what our tax system is already supposed to do - higher tax rates on higher incomes. So we already have this system in place - the workers during my time as an undergrad subsidized my education, now my taxes are going to subsidize students in uni now.
The difference with his system is that it removes a barrier to entry into uni - high tuition at a time in their life when students have no money. I'm surprised Jeff spoke out against this scheme - he said tuition is about 1/3 of his annual costs. Wouldn't it be nice to have that removed?
Not a chance.
Why should someone be punished via taxation for their success?
Just because one guy gets a good job coming out of Uni, he shouldn't pay any more for the same education than a guy in his class who can't find work.
I think having to work to cover your expenses during your education or something along those lines is education itself. A valuable education that many students (and adults) could use.
Jumping into school for free will cause all types of issues with program changes, drop-outs, etc.
andyt @ Wed Apr 25, 2012 11:31 am
But they already are being punished by their success as long as we have a progressive tax system.
andyt andyt:
But they already are being punished by their success as long as we have a progressive tax system.
True, but this is to the extreme.
Two people, same education, different cost of education.
That's not right.
andyt @ Wed Apr 25, 2012 11:48 am
Actually I was wrong, Coyne didn't say that. He just said that the monthly repayment amounts would be based on your income. So earn less, pay back for longer.
If we want social mobility, we do need to make he cost of uni less for people from low income backgrounds than from high income, or make the fees so low they aren't a barrier for anybody. Otherwise you'd have even more of what happens already - the children of uni grads go to uni, those of lower income parents don't.
andyt andyt:
Actually I was wrong, Coyne didn't say that. He just said that the monthly repayment amounts would be based on your income. So earn less, pay back for longer.
If we want social mobility, we do need to make he cost of uni less for people from low income backgrounds than from high income, or make the fees so low they aren't a barrier for anybody. Otherwise you'd have even more of what happens already - the children of uni grads go to uni, those of lower income parents don't.
That I have no problem with.
We make it easy for low income kids to get into University already. We offer them financing that kids from higher income families can't get and then offer them assistance afterwards if they can't pay it off.
andyt @ Wed Apr 25, 2012 12:09 pm
Yet we hear of so many grads struggling to pay off their student debt. I wonder if we're dong enough.
andyt andyt:
Yet we hear of so many grads struggling to pay off their student debt. I wonder if we're dong enough.
Why does the onus fall on us, the taxpayers?
Why don't you consider the problem may be the students themselves and being irresponsible?
I've seen it first hand.
My cousin who's in University and his buddies are all receive financing for their education. They all share a home and use the money they get from OSAP (Ontario Student Assistance Program) to feed themselves and pay rent.
None of them work. Not even a basic part-time job.
They blow all their money on take-out and beer and then when they run out, they tighten up and wait for the next check to get deposited into their account or call mom and dad when they can't afford a book.
andyt @ Wed Apr 25, 2012 12:36 pm
Because they're not all your cousins. Many are responsible, and are still being crushed by debt. Part of he problem of course is that often their degrees don't translate into good paying jobs, as they were told they would. With us kicking the shit out of the middle class, a lot of people coming out of uni basically go down, instead of up.
andyt andyt:
Because they're not all your cousins. Many are responsible, and are still being crushed by debt. Part of he problem of course is that often their degrees don't translate into good paying jobs, as they were told they would. With us kicking the shit out of the middle class, a lot of people coming out of uni basically go down, instead of up.
But many are like my cousin. I've seen it with my own eyes as I ventured through post secondary education.
Kids assume that any degree will land them a solid job when the truth is, many are unemployable or get paid very little due to a lack of experience.
Students and parents alike have to take some responsibility as to which school and courses are taken and which direction to take while at school.
We as a society can't run around and make up for every misguided decision every person makes.
Some people just don't do well andy, despite all the help you may offer. That's something you're going to have to accept.
andyt @ Wed Apr 25, 2012 1:09 pm
OnTheIce OnTheIce:
Some people just don't do well andy, despite all the help you may offer. That's something you're going to have to accept.
Any society will have winners and losers. Societies that throw the losers under the bus don't do any better than the ones that let the losers drive the bus.
andyt andyt:
OnTheIce OnTheIce:
Some people just don't do well andy, despite all the help you may offer. That's something you're going to have to accept.
Any society will have winners and losers. Societies that throw the losers under the bus don't do any better than the ones that let the losers drive the bus.
Andy, I hope you're not referring to students, because you can't be further from the truth.
We're giving students every advantage possible. A fully financed education. Low cost education. Hundreds of choices of programs and career paths. Low interest rates. Support if you can't make your payments.
As the saying goes; "You Can Drag a Horse to Water but You Can't Make it Drink"
andyt andyt:
Because they're not all your cousins. Many are responsible, and are still being crushed by debt. Part of he problem of course is that often their degrees don't translate into good paying jobs, as they were told they would. With us kicking the shit out of the middle class, a lot of people coming out of uni basically go down, instead of up.
I would have to agree with this. Coming form Ontario which has the highest tuitions, there was many times I was aggravated when tuitions went up. This generation is told they must be highly educated, then when they get this education there is no job for them, and they end up having huge amounts of student debt. Then on top of it all they raise tuition fees. It is like the last straw that broke the camels back, the only difference is Quebec students have more courage than other Canadians. I do not think this is primarily about the tuition fee raise, but rather the lack of opportunities given to the current generation. Tuition fees like are said are just the last straw to really piss people off. That is why after this started many young people have felt solidarity to the quebec students. Every time tuition fees raised in the other provinces there were probably many students who wanted to go out and smash some things in anger. The quebecois were the only ones to actually go do it; ironically though they pay the least in tuition. In fact even old people are going out and banging pots and pans for the students. None the less, it will be interesting to see how it all pans out.
I paid mine off in full by spreading out my education over 6 years and working while living at home to pay for it all.
I suspect many of these folks going on about paying it all off on their own without loans lived at or near home as well. I'm sorry but I firmly think your spouting bullshit if you mean to tell me that you can handle full time university and also work enough and get enough hours around your tight schedule to pay rent, food, utilities and transport on top of the thousands a year needed for schooling.
No one truly pays for university all on their own at a young age.
Here's an idea. If we're goping to make styudents pay the full cost of their education, let's do it by age. Starting with the oldest, who, with interest, should owe several million in today's dollars for the almost-free subsidized education they received.