CNN just had a great story on Marquette

[Goose]

Short tail...agree on skin in the game . My two oldest are done and paid 99% of their screwing around money. They definitely learned to get by with less and figure out how to fun on a budget. But, I do agree with yor thought completely.

[Norm]

Just rewatched the video, and my one beef with it is that it seems to suggest that Marquette put all of their academic programs in place in response to the NCAA regulations and as a way to improve a less than stellar record in that area.  I wish they had made it clearer that Marquette's basketball players have always had among the highest graduation rates in the nation.

Didn't get that impression at all. Just thought they highlighted a program that takes its academics seriously.

[Benny B]

Hate to say it but when it comes to education, the more expensive schools are perceived as better.  This is why the Ivies are over $60k/year for tuition (room and board extra).  Boston College is $57k.

The price of education will continue to go up, not down.  Kids will continue to get government loans in such great size that they become the next subprime mortgage.  Then they will blow up and the price of education will collapse, like housing prices collapsed.

So the good news is education will soon peak and tuition bills will fall.  The bad news is employment and the stock market will take it on the chops along with tuition prices.

Final thought - tuition is like gas prices.  They will go down, and possibly go down a lot.  But, you will not like the reason they are going down.

Sorry for the gloom and doom.  In a few hours we will destroy Florida and you will feel better.

I agree in spirit, not in method. Subprime mortgages, like credit card, business, and personal debt, can simply be walked away from (e.g. bankruptcy) leaving the creditor or debt holder out of luck. That's why subprime collapsed the economy... too many people walked away and creditors had little recourse to recover their money.

Student loans are virtually indestructible. Can't be discharged in 99.89% of cases, and so the money is nearly always repaid eventually.  What isn't repaid or is paid in delinquency doesn't come close to affecting the world economy.

What will happen however, is that the Feds will stop guaranteeing the loans and/or may require a partial guarantee from the school.  Schools will fight this to the death, but eventually it has to happen...  an education system that creates indentured servants who spend 30 years paying off student loans is simply not sustainable.

[Avenue Commons]

Adriane is awesome.

+Infinity

[LloydMooresLegs]

Sorry this thread turned out like this.  What a great story in every way.  Can't buy this kind of pub (even w a $10 million plus budget )

[MerrittsMustache]

Sorry this thread turned out like this.  What a great story in every way.  Can't buy this kind of pub (even w a $10 million plus budget )

Clearly there's a conspiracy on this board to always focus on the negative when it comes to Marquette