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It is a question that many families are asking right now is college worth it festival check some numbers these -- from the Wall Street -- Two -- college grads in the health industry best two year college -- health industry they make.
5000 dollars more than four -- grads first -- out of school.
Move on to the technical -- two -- grads make 20000 more than -- actually degree students after graduation.
-- nineteen years old I don't know whether he's in college was about ago.
I'm in college from Buena Park -- but I'm also run in this that you organization -- that's -- you off yes so you've got some strong opinions on this either as sort of why didn't I say that a four year liberal arts degree in college experience.
He's not worth it financially not worth it and you say -- absolutely and I think you know.
It's very important realize that you know if you can afford it if you can afford available arts degree -- studied our history.
-- medieval history and a human a good job that's OK but the real problem is that the taxpayer has to subsidize.
These kids going to study that and they end up unemployed.
Because -- we have to shoulder that burden because look let's look right now in unemployment at seven point 8%.
And if you're studying art history it's really seems like you're starting to be every step at Starbucks IC a class thing developing in the upper middle class parents can afford to send their sons and daughters -- for -- -- -- -- on his on his real liberal -- so what -- they can afford to do it.
Young all the people who don't have back on the money cannot afford to do -- so you've got this class economic division.
Between people studying liberal on lots of people going to technical school right it's a -- thing that's horrible thing in America very much so and you know a lot of the will lower income people they're told you have to go to college succeed have to before you -- -- -- in high school to become a cultural thing.
And the government comes at low interest loans -- push and -- thrown at them.
You have to go there to succeed.
And they end up studying something like sociology and -- an -- to find a job what would you would you go so far as to say -- you can get a subsidized government loan.
You go to.
Two -- technicals I think they'll be much better step in the right direction I would like to get government out of the student loan industry altogether because I think that's why we're seeing government -- questions going up is because they can't.
Because college has no trouble filling seats right now.
And -- it as long as they can get kids to get the tuition.
The -- had no trouble filling the seat situation.
Put in supply and demand the demand for college is really high because as you set up some of the studies a previously last ten years if you get a degree.
You're more likely to make.
A more money in the future so parents of subtlety go to college you're going to be successful but -- the government gives the kids the capital.
Fielder go to these schools in the culture has no incentive to lower cost Sony about some of your friends that you know like calling no -- -- but are -- getting heavily into that all of them until I have a friend that is going to -- Brown University took on -- 120000 dollars in student loans.
To study art history.
Now let let's think for a second here are you really be able to find a job to pay off those loans or is that really just going towards one -- in the future.
Art history you know might be a very admirable thing to study later on in life you know once you've accomplished but.
Let's be honest right now in this in this economic environment -- you can mail to find a job to reciprocate -- you can study -- are -- -- intellectual -- have you got something you know I taught history no I I just think that right now in this economic environment we should be looking at what can I invest and that has the highest rate of return.
Because right now there's really no economic indicators of long term for my generation that look like we have long term might look like -- -- -- you tell me about this friend of -- that brown.
He or she is -- -- he's he or she.
Passionate about are all very much so but you can -- -- you can love something but if you're gonna take a 120000.
Dollar student loan.
And then not be able to pay it back and the taxpayer has the subsidize that.
That's where it starts I think it convoluted because of you love what you're doing you to pay yourself through it fine but if the taxpayer has to subsidize that I think that's the problem.
Charlie Cook speaks far too much sense for nineteen year old Louis -- you pretend -- -- thank you thank --
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