TakeYouToTasker Posted January 9, 2015 Share Posted January 9, 2015 Today the President proposed extending free Community College educations to all Americans, which, of course, would nullify the value of the degree. If everyone has one, then it doesn't set people apart anymore, and simply becomes a hard baseline requirement for working a fry-o-lator at McDonalds. As Rob's House is fond of saying, "If everyone in the world has their PHD, someone is still going to have to clean the toilets." http://apnews.myway.com/article/20150109/us--obama-ec45d62d91.html Link to comment Share on other sites More sharing options...
Dante Posted January 9, 2015 Share Posted January 9, 2015 (edited) A couple immediate things come to mind. Obama like to get as many young victims in the propaganda mill as he can. Second, won't the banks benefit from this with all the government sponsored school loans at taxpayer expense? And a bonus third thing, will this create a school loan bubble? Edited January 9, 2015 by Dante Link to comment Share on other sites More sharing options...
DC Tom Posted January 9, 2015 Share Posted January 9, 2015 Boehner's observation is accurate: Obama's plan isn't a plan, it's a talking point. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted January 9, 2015 Author Share Posted January 9, 2015 A couple immediate things come to mind. Obama like to get as many young victims in the propaganda mill as he can. Second, won't the banks benefit from this with all the government sponsored school loans at taxpayer expense? And a bonus third thing, will this create a school loan bubble? This isn't a loan guarentee. It's litterally a free 2 year degree, covered 100% by the government. Boehner's observation is accurate: Obama's plan isn't a plan, it's a talking point. Absolutely. Link to comment Share on other sites More sharing options...
/dev/null Posted January 9, 2015 Share Posted January 9, 2015 A couple immediate things come to mind. Obama like to get as many young victims in the propaganda mill as he can. Second, won't the banks benefit from this with all the government sponsored school loans at taxpayer expense? And a bonus third thing, will this create a school loan bubble? This isn't a loan guarentee. It's litterally a free 2 year degree, covered 100% by the government. Dante, First and second were answered by TTYT. Bonus third, there already is a student loan bubble Link to comment Share on other sites More sharing options...
IDBillzFan Posted January 9, 2015 Share Posted January 9, 2015 (edited) Boehner's observation is accurate: Obama's plan isn't a plan, it's a talking point. It's been impossible for me to imagine how this president could possibly suck the dick of the mindless takers any more than he has...until yesterday. The fact that HE suggests it's free should have every progressive moron shaking their own head in shame and embarrassment. But they won't. They'll start barking about how conservatives don't want people to get educated. As if holding the high bar at a 2.5 GPA is somehow something to be shooting for. At least we know what Obama's transcripts probably look like. Edited January 9, 2015 by LABillzFan Link to comment Share on other sites More sharing options...
DC Tom Posted January 9, 2015 Share Posted January 9, 2015 It's been impossible for me to imagine how this president could possibly suck the dick of the mindless takers any more than he has...until yesterday. The fact that HE suggests it's free should have every progressive moron shaking their own head in shame and embarrassment. But they won't. They'll start barking about how conservatives don't want people to get educated. As if holding the high bar at a 2.5 GPA is somehow something to be shooting for. At least we know what Obama's transcripts probably look like. The sad thing is that it'll have the exact opposite effect of what's intended. It's not going to increase wages, it'll decrease them. "If people are educated they'll make more money" is a tragic fallacy. If people are educated they have more opportunities. But there's already a glut of useless college degrees on the labor market, driving entry-level wages down and forcing college grads into minimum wage jobs. Increasing that glut of useless degrees isn't going to drive wages up. And that's aside from the fact that this isn't an effort to provide education; it's an effort to provide cheap education. It's an attempt to address the cost side of higher education by dictating a "competitive" program be introduced into the market that increases demand of a limited-use resource without actually addressing the factors that drive up the cost to begin with. Gee, where have I see that bass-ackward "increased demand creates increased supply and lowers cost," example of economic ignorance before...? This administration may be stupid, but at least they're consistent. Link to comment Share on other sites More sharing options...
Tiberius Posted January 9, 2015 Share Posted January 9, 2015 Today the President proposed extending free Community College educations to all Americans, which, of course, would nullify the value of the degree. If everyone has one, then it doesn't set people apart anymore, and simply becomes a hard baseline requirement for working a fry-o-lator at McDonalds. As Rob's House is fond of saying, "If everyone in the world has their PHD, someone is still going to have to clean the toilets." http://apnews.myway.com/article/20150109/us--obama-ec45d62d91.html A high school diploma is free. Does everyone have one of those? Link to comment Share on other sites More sharing options...
Deranged Rhino Posted January 9, 2015 Share Posted January 9, 2015 A high school diploma is free. Does everyone have one of those? It is? What about school taxes that I pay? Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted January 9, 2015 Author Share Posted January 9, 2015 A high school diploma is free. Does everyone have one of those? Stop being obtuse. If you have a demand for 300,000 people with a Associate's Degree, and a supply of 600,000 with an Associates Degree, what happens to the wages of those individuals holding such a degree who manage to find employment? What happens to those additional 300,000 individuals holding degrees for whom there is no position requiring a degree? Link to comment Share on other sites More sharing options...
Nanker Posted January 9, 2015 Share Posted January 9, 2015 It is? What about school taxes that I pay? Shut up your insolent mouth! Obama said it's gonna be FREE. Link to comment Share on other sites More sharing options...
Tiberius Posted January 9, 2015 Share Posted January 9, 2015 Stop being obtuse. If you have a demand for 300,000 people with a Associate's Degree, and a supply of 600,000 with an Associates Degree, what happens to the wages of those individuals holding such a degree who manage to find employment? What happens to those additional 300,000 individuals holding degrees for whom there is no position requiring a degree? Won't it create greater competition in the work force? And competition makes everyone better, right? I just don't see a problem here It is? What about school taxes that I pay? It's free to the kids that get it, right? Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted January 9, 2015 Author Share Posted January 9, 2015 Won't it create greater competition in the work force? And competition makes everyone better, right? I just don't see a problem here Greater competition to find jobs relevent you your level of education isn't a problem? 1) It will drive down wages for those who can find jobs related to their degree, because the supply of qualified candidates is greater than the amount of positions available. 2) It will force those holding a two year degree who can't find work related to their field into under employment. 3) It will create a new hiring standard for positions that currently do not require a two year degree, where those jobs will now require a degree, harming those without a degree. That's how supply and demand works. Link to comment Share on other sites More sharing options...
Tiberius Posted January 9, 2015 Share Posted January 9, 2015 Greater competition to find jobs relevent you your level of education isn't a problem? That's how supply and demand works. There will always be winners and losers and increasing human capital makes the country better, period. Also, businesses have been claiming for years now that they have all these unfilled positions because workers don't have the right training. Presto! Now they can get that training. This is a good thing Link to comment Share on other sites More sharing options...
B-Man Posted January 9, 2015 Share Posted January 9, 2015 http://legalinsurrection.com/2015/01/state-of-the-union-preview-free-community-college/ So, the first two years of community college would be free “for anybody who’s willing to work for it.” He says it will help train a stronger workforce—but at what cost? Under the proposed program, the federal government would cover three-quarters of the average cost of community college. The states would then have to cover the remaining tuition, meaning the bill would be paid in full for “eligible students.” For the program to fit with Obama’s vision, community colleges would have to change their programs to fit educational standards that haven’t even been written yet (emphasis mine): Community colleges will be expected to offer programs that are either 1) academic programs that fully transfer credits to local public four-year colleges and universities, or 2) occupational training programs with high graduation rates and lead to in-demand degrees and certificates. Community colleges must also adopt promising and evidence-based institutional reforms to improve student outcomes. What does a potential student have to do to qualify? Attend school at least half-time, maintain a 2.5 GPA (that’s a C+ average,) and “make steady progress” toward completing the program. This is vintage Obama, and it feels like the kind of ploy a politician would use after being rendered legislatively impotent by a disastrous midterm cycle. If the states want to decide on an individual basis whether or not to offer reduced tuition for community college students, thats their prerogative. But using federal funds to create yet another coercive incentive program goes beyond the bounds of the duty or purpose of the federal government. The good taxpayers of Twitter are less than thrilled with such a dramatic expansion of our entitlement culture: Katie Pavlich @KatiePavlich Follow If you think college is expensive, wait until it's "free" ...........#FreeCommunityCollege Mark KnollerVerified account @markknoller 35m35 minutes ago Obama plan requires students to attend community college at least half-time and maintain 2.5 grade point average. That's between B- and C+. Future democrats Link to comment Share on other sites More sharing options...
Gary M Posted January 9, 2015 Share Posted January 9, 2015 Boehner's observation is accurate: Obama's plan isn't a plan, it's a talking point. But he will help get it done, the effing RINO. Link to comment Share on other sites More sharing options...
Wacka Posted January 9, 2015 Share Posted January 9, 2015 Idiocracy is asymtotically (sp) approaching reality. Link to comment Share on other sites More sharing options...
DC Tom Posted January 9, 2015 Share Posted January 9, 2015 For the program to fit with Obama’s vision, community colleges would have to change their programs to fit educational standards that haven’t even been written yet (emphasis mine): Like I implied above...the ACA model applied to education. What are they going to call this set of standards? "No Adult Left Behind?" Idiocracy is asymtotically (sp) approaching reality. Since you asked... "Asymptotically." Pretty good...you only missed the soft "p". More than good enough for a free associate's degree. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted January 9, 2015 Author Share Posted January 9, 2015 (edited) There will always be winners and losers and increasing human capital makes the country better, period. That's just it: this is a development that has no benefits for any American workers. Also, this doesn't increase human capital, it simply dilutes it's market value. Also, businesses have been claiming for years now that they have all these unfilled positions because workers don't have the right training. Presto! Now they can get that training. This is a good thing Businesses have more than ample qualified applicants for existing positions... This is just further evidence that you haven't been paying any attention, at all, to the labor participation rates. Edited January 9, 2015 by TakeYouToTasker Link to comment Share on other sites More sharing options...
B-Man Posted January 9, 2015 Share Posted January 9, 2015 This is standard operating procedure from Obama. This doesn’t have a prayer of getting passed in this Congress, and he knows it. It’s merely a construct to Show Obama Cares About You, while at the same time gives the media another Republicans Are Just Flint-Hearted Meanies narrative to push. This is what passes for leadership in the Obama era. Get ready for more contrived stunts like this over the next two years. Link to comment Share on other sites More sharing options...
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