2011-08-02, 17:43 | Link #15381 |
blinded by blood
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What kind of state uni are you going to where it costs $15,000 per semester?! That's almost as expensive as the snooty private schools!
UC Berkeley is $4500 a semester (going up to $5200 soon though), and it's one of the most expensive public unis in CA. Even international students don't pay $15k a semester to go to school here!
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2011-08-02, 17:49 | Link #15382 | |
Senior Member
Join Date: Mar 2007
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Also, there's the cost of rent. It'd run you anywhere from $600 to $1000+. I'm paying $1500 a month right now (thankfully I'm movnig to a $850 a month place in a week). So that does add up to about $20,000 to $30,000 a year. The $40,000 to $50,000 private universities do include room/board into their costs. Edit: Here's a cost estimation chart for the UC's for in state and out of state: http://www.admissions.ucla.edu/prospect/budget.htm |
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2011-08-02, 18:36 | Link #15384 |
This was meaningless
Scanlator
Join Date: Jan 2004
Location: Not on this site no more.
Age: 36
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There's also the interest on student loans and other debt lower income folks will have to shoulder, especially if they have poor or haven't had a chance to establish a credit rating. People who began in a higher bracket can pay more out of pocket and avoid taking on debt in the first place.
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2011-08-02, 18:37 | Link #15385 | |
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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There is a rate of tax at which you cease to collect more money, but the US is way below it. The only tax I might consider the US cutting is corporate tax, which the USA has a bit high. I also think it's absurd that the US double taxes citizens who live abroad who earn over ~100,000. While it's not a pressing humanitarian concern, I think it's wrong. No other country does it either, if they did it would seriously screw us dual citizens/expats... The big expense is healthcare, but I've already said on earlier occasions that the US just needs to implement Universal healthcare and rid itself of it's problems. I fear the idealists more then the selfish. You can always depend selfish people being short sighted and, well, selfish. It's the idealists that do things like genocides and purges... |
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2011-08-02, 19:16 | Link #15386 | |
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Join Date: Mar 2007
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Of course, if you're making $200,000 a year and not sending any kids to college, then you'll be pretty well off. If they want to raise taxes on the $80,000 to $200,000 bracket, then they'd need to make higher education tuition tax deductible. As of right now they're basically paying for other people's tuition fees through taxes, then paying full out of pocket for their own tuition costs. If you lower corporate taxes, you'd need to raise corporate taxes on offshore profits, as well as close a ton of tax loopholes they use. Otherwise, they'd just pay less tax on the profits they are making domestically and continue abusing offshore profit loopholes. |
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2011-08-02, 19:34 | Link #15387 | ||
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Join Date: Sep 2008
Age: 38
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2011-08-02, 19:58 | Link #15388 | ||||
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Join Date: May 2009
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Combined total tax burden is already too high. http://www.taxfoundation.org/taxfreedomday/ Adding more will simply shrink the size of the middle class and thus increase unemployment and more importantly joblessness. We need jobs here in the US and incentives for business to higher. Higher taxes will not do that, in fact they will do the opposite. Quote:
I prefer the term fair trade. Why? Because in order for governments to be able to garner sufficient taxes from business they have to protect those businesses from being put out of business due to foreign goods that are made via slave-labor (yeah I'm talking about places like China). It also helps to have your citizens getting payed higher wages so they can pay for the higher priced domestically made goods and thus more sales tax is collected on those goods. Quote:
http://www.caef.org.uk/d115edtrl.html Quote:
Ludwig VonMises supported it as did VonHayek, but the truth is another matter. It's not working, not under the current economic system of fractional banking and questionable cross-continent financial investments. While some see the loss of American wages and jobs as "factor price equalization" the impact on the lives of people is what actually matters. Lowering our standard of living for no other reason than to line the pockets of megacorporations is not a good excuse for "Free Trade." The poor people in the countries being exploited by "Free Trade" will see a small increase in their living standards, but that is nothing compared to the few who are bringing in the profits at the expense of both groups of working citizens. "Free Trade" isn't free, it's cost is the livelihood and happiness of people who are on the loosing end: i.e. the laborers and small business owners.
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2011-08-02, 20:08 | Link #15389 | ||
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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The issue is that they shunt their profits using artificial wrangling to other countries with almost no taxes, so it appears that the US operation makes no money. That kind of thing isn't on. We're getting to the stage where almost all the worlds companies are being based out of the bahamas! Perhaps we should abandon taxing companies directly altogether, and instead focus on the stockholders and employees. And if wealthy individuals want to have their residence listed as in another country, well that's another problem! But I suppose you could start by taxing their american assets, and also tax stuff like Stocks a bit more... |
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2011-08-02, 20:34 | Link #15390 | ||
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Join Date: Mar 2007
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Joking aside, if their kid gets into Stanford/Ivies, then shouldn't they get the same opportunity to attend as the super rich and the super poor? Tuition is a drop in the bucket for the super rich, and financial aid covers full tuition for the super poor. Basically the current system punishes people who make just enough to not qualify for financial aid but still have the fees take up a sizable portion of their income. Anyways, it's in the government's interests to send more people to school. A family who's sending 2-3 kids through college earning $200k should not be taxed as much as someone who has no kids earning $200k. So yes, you can raise taxes, but it'd have to be a lot better than just a blanket tax bracket based increase. Quote:
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2011-08-02, 20:37 | Link #15391 |
blinded by blood
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Federal financial aid alone cannot send you to a private uni like Stanford, Harvard or Yale. Pell grants are miniscule and barely pay for community college, much less state uni, and what you get from federal loans is capped based on tuition and is intended to send you to public unis.
If you go to an expensive fancypants private school, you are going to be taking out private student loans. From a bank. That is not federal financial aid, and you have to have good credit in order to be approved for those loans.
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2011-08-02, 21:40 | Link #15392 |
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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I think private universities are overpriced. There's not a whole lot of difference between high quality public Universities like Berkeley, UCLA, UVa, VTech or NYU and prestigious universities like Yale or Harvard. They're not losing anything by attending a public University. And they can easily get "in-state" tuition by just staying in the state for a while and switching residency.
I would characterize an Ivy League education as a luxury that should not in any way be subsidized by anyone. They should get as much financial aid as students attending public Universities. Let the rich rip themselves off by sending their kids to Ivy. But I don't think they should expect the rest of us to pay for their priviledge. Even Public Universities are a bit too expensive in the US, but a college education is easily affordable to a household makind $100,000+. And besides, the whole argument is a red herring, as most people will never attend an Ivy league college anyway. I will also note that I don't think the state should finance the poor to go to Ivy league schools either. There are far cheaper alternative that are nearly as good. |
2011-08-02, 22:02 | Link #15393 | |
Obey the Darkly Cute ...
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Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
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On private uni: The trick is if you get accepted to a private university ... its likely they will *find* the money buckets to let you go (scholarships, grants, etc). Many of them (e.g. Rice U., USC, etc) are sitting on buckets of money to help students attend. In California, you're actually better at the moment in a private university since the public system is in a chaos spiral (no one can *get* the classes they need to graduate).
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Last edited by Vexx; 2011-08-02 at 22:14. |
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2011-08-02, 22:13 | Link #15395 |
Obey the Darkly Cute ...
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Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
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Up here in Oregon, we're getting a spillway of California students who have given up on getting classes down there. Oregon students are now having to actually compete for slots in the Oregon system (before it was almost the case of if you graduated from an Oregon high school it was an auto-accept to OU or UO).
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2011-08-02, 22:16 | Link #15396 |
blinded by blood
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Fortunately for me all the discipline-specific classes I need are available, even if the scheduling is a bit crazy. The problem was/is the lower-level stuff and prereqs--some of the classes "recommended" for my degree are not available anywhere. I'm taking a class in assembly language this fall to satisfy degree requirements for data structures and algorithms--combined with my semester in Java programming, it should fill the slot, even if it's not exactly what I need.
The more generic math and physics, fortunately, is so ubiquitous I don't really have any issues with that. It was the compsci classes that were hard to nail down, oddly enough. But I've got a wide-open field for all my calculus and physics classes, and surprisingly enough the discrete mathematics course I can take right here in Berkeley.
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2011-08-02, 22:23 | Link #15397 |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Italy under fire in widening euro debt crisis
http://www.reuters.com/article/2011/...7712HB20110802 Is there a country than don't have much of a debt crisi/problem ?
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2011-08-02, 22:27 | Link #15398 | |
blinded by blood
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2011-08-02, 22:28 | Link #15399 | |
Onee-Chan Power~!
Join Date: Dec 2010
Location: In this reality (A.K.A. Colorado, U.S.A.)
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http://en.wikipedia.org/wiki/Principality_of_Sealand
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current affairs, discussion, international |
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