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Subject: 
Re: Costs and Benefits
Newsgroups: 
lugnet.off-topic.debate
Date: 
Sat, 26 Jun 2004 23:14:03 GMT
Viewed: 
480 times
  
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



Message has 1 Reply:
  Re: Costs and Benefits
 
(...) 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)

Message is in Reply To:
  Re: Costs and Benefits
 
(...) 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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