Subject:
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Re: Costs and Benefits
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sat, 26 Jun 2004 23:14:03 GMT
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Viewed:
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429 times
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In lugnet.off-topic.debate, Scott Arthur wrote:
> In lugnet.off-topic.debate, Christopher L. Weeks wrote:
> > The way I figure it, you should only be looking at an individual's consumption
> > and 'payback.' I'll use what I consider pretty conservative figures so that the
> > fact that I'm just making numbers up won't paint a rosier picture than is
> > reasonable. So assuming that many more Americans would go to college if it were
> > "free" we might get up to the point where the average American would attend for
> > three years.
>
> That does not have to be the case.
Well, sure. I wrote that I was making up the numbers. What exactly do you
mean?
> > If we imagine that this costs $15K per year, then we have the
> > average American sucking $45K out of the system.
>
> Don’t forget a means tested term-time subsistence grant.
What's that mean?
> > Golly! I'd been imagining that it would be cheaper. On the other hand, the
> > average American doesn't attend for anywhere near three years and it could cost
> > somewhat less than $15K per year. If we drop it to two years at $12K per, the
> > taxpayer burden drops to $600 per year.
>
> I'm really talking about 4 year degree courses. If we set a target of 50% of the
> population going to Uni, then the average would be two years.
Well, yeah, so you're agreeing with my number?
> > But, presumably, our GDP and spending
> > power would rise with a more educated populace. Presumbably.
>
> Two Points:
> How much extra taxable income do graduates earn?
> Would more educated Americans mean the USA would rely less on immigrants?
Right. I don't know. And I don't know how much it would change as the
university educated population increased. I'm not sure I care about the
immigrant situation. I'm not all about Americans over others.
Chris
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Message has 1 Reply:
 | | Re: Costs and Benefits
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| (...) Students get money for basics; food, accommodation, travel to Uni, etc. (...) I have no idea what the costs are in the USA… sorry! (...) An educated workforce makes investment more likely. Scott A (...) (20 years ago, 27-Jun-04, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: Costs and Benefits
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| (...) That does not have to be the case. (...) Don’t forget a means tested term-time subsistence grant. (...) I'm really talking about 4 year degree courses. If we set a target of 50% of the population going to Uni, then the average would be two (...) (20 years ago, 26-Jun-04, to lugnet.off-topic.debate)
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