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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Sun, 27 Jun 2004 09:32:39 GMT
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Viewed:
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590 times
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In lugnet.off-topic.debate, Christopher L. Weeks wrote:
> 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?
Students get money for basics; food, accommodation, travel to Uni, etc.
>
> > > 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?
I have no idea what the costs are in the USA… sorry!
>
> > > 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.
An educated workforce makes investment more likely.
Scott A
>
> Chris
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Message is in Reply To:
 | | Re: Costs and Benefits
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| (...) Well, sure. I wrote that I was making up the numbers. What exactly do you mean? (...) What's that mean? (...) Well, yeah, so you're agreeing with my number? (...) Right. I don't know. And I don't know how much it would change as the university (...) (20 years ago, 26-Jun-04, to lugnet.off-topic.debate)
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