Comments on: Tuition Hike For The Poor Is Like A Tax Hike For The Rich http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/ Slicing Through Money's Mysteries Fri, 10 Feb 2012 20:08:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Financial Samurai http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31806 Financial Samurai Mon, 18 Jul 2011 20:55:24 +0000 http://www.financialsamurai.com/?p=3113#comment-31806 That doesnt sound horrible. That sounds completely rational! That doesnt sound horrible. That sounds completely rational!

]]> By: engin33r http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31805 engin33r Mon, 18 Jul 2011 20:27:28 +0000 http://www.financialsamurai.com/?p=3113#comment-31805 In my own situation, knowing what the cost of my student loans would be when I graduated forced me to evaluate what degrees I could get so that I could apply for jobs that would have salaries capable of paying off my student loans and living expenses. I know it sounds horrible, but studying spanish, philosophy, and psychology are out if they can't pay the bills in my mind. At the same time an increase in student loans could really impede the next generation of artists, sculptors, and the like which creates another problem (we'll call it the death of creativity). I did find a job I love doing within my field so I find myself quite lucky in the long run. In my own situation, knowing what the cost of my student loans would be when I graduated forced me to evaluate what degrees I could get so that I could apply for jobs that would have salaries capable of paying off my student loans and living expenses.

I know it sounds horrible, but studying spanish, philosophy, and psychology are out if they can’t pay the bills in my mind. At the same time an increase in student loans could really impede the next generation of artists, sculptors, and the like which creates another problem (we’ll call it the death of creativity).

I did find a job I love doing within my field so I find myself quite lucky in the long run.

]]> By: Tariq @ Yes I Am Cheap http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31777 Tariq @ Yes I Am Cheap Mon, 18 Jul 2011 11:02:46 +0000 http://www.financialsamurai.com/?p=3113#comment-31777 This is so sad. The poor people should be provided with some benefits. They should be free from hikes. They only know how problematic it is for them to keep up with the world. This is so sad. The poor people should be provided with some benefits. They should be free from hikes. They only know how problematic it is for them to keep up with the world.

]]> By: Financial Samurai http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31766 Financial Samurai Mon, 18 Jul 2011 02:25:40 +0000 http://www.financialsamurai.com/?p=3113#comment-31766 So true, regarding the last sentence, so true. Canada has it good with very cheap tuition and good schools like UBC and McGill! So true, regarding the last sentence, so true.

Canada has it good with very cheap tuition and good schools like UBC and McGill!

]]> By: Financial Samurai http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31765 Financial Samurai Mon, 18 Jul 2011 02:24:36 +0000 http://www.financialsamurai.com/?p=3113#comment-31765 Kinda sad indeed. We need more alumni giving and establishment of scholarships. It's a big part of the reason why I started the Yakezie Writing Contest. To help combat rising tuition! Kinda sad indeed. We need more alumni giving and establishment of scholarships. It’s a big part of the reason why I started the Yakezie Writing Contest. To help combat rising tuition!

]]> By: Financial Samurai http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31764 Financial Samurai Mon, 18 Jul 2011 02:23:28 +0000 http://www.financialsamurai.com/?p=3113#comment-31764 I'll have to agree with this statement. We're all Democrats to begin with, then we start working hard only to find out how much the government rapes us. Then we get super rich, we don't need the money anymore and become Democrats again :) I’ll have to agree with this statement. We’re all Democrats to begin with, then we start working hard only to find out how much the government rapes us. Then we get super rich, we don’t need the money anymore and become Democrats again :)

]]> By: My University Money http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31763 My University Money Mon, 18 Jul 2011 02:17:43 +0000 http://www.financialsamurai.com/?p=3113#comment-31763 I'm actually going to throw up a post on this within the next couple weeks. I like the 70%-30% split we have in Canada in terms of subsidized schooling (at most schools it's close to this). I think there needs to be a balance between having society benefit in general from a well educated person, and an individual's responsibility to prepare and pay for their own education. I fundamentally disagree that post-secondary education should be considered a right. That being said, I feel for the 32% hike, that definitely hurts. It could be worse, you could go to school in England and have had your tuition triple virtually overnight, yet still be paying taxes to send the royals around the world! The quote I always relayed to my more liberal friends was, "In University your heart makes you a liberal, then you graduate and your brain makes you a conservative." Plainly there is room for balance in the statement. I’m actually going to throw up a post on this within the next couple weeks. I like the 70%-30% split we have in Canada in terms of subsidized schooling (at most schools it’s close to this). I think there needs to be a balance between having society benefit in general from a well educated person, and an individual’s responsibility to prepare and pay for their own education. I fundamentally disagree that post-secondary education should be considered a right. That being said, I feel for the 32% hike, that definitely hurts. It could be worse, you could go to school in England and have had your tuition triple virtually overnight, yet still be paying taxes to send the royals around the world!

The quote I always relayed to my more liberal friends was, “In University your heart makes you a liberal, then you graduate and your brain makes you a conservative.” Plainly there is room for balance in the statement.

]]> By: My University Money http://www.financialsamurai.com/2009/11/23/tuition-hike-for-the-poor-is-like-a-tax-hike-for-the-rich/comment-page-1/#comment-31762 My University Money Mon, 18 Jul 2011 02:10:53 +0000 http://www.financialsamurai.com/?p=3113#comment-31762 Negative on that one Edwin, and I come from a country that has one of the more "liberal" systems you're referring to. The Scandinavian balance sheets have looked great since they struck oil, but the USA still rewards hard work and innovation as well as any country in the world. Negative on that one Edwin, and I come from a country that has one of the more “liberal” systems you’re referring to. The Scandinavian balance sheets have looked great since they struck oil, but the USA still rewards hard work and innovation as well as any country in the world.

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