The Myth of The College Bubble

http://androidpolitician.blogspot.com/

The myth of the college bubble gets debunked, sorry for the sound quality.

Original video - http://is.gd/eTQtUx

Overview of myth - http://is.gd/NULQZQ

For full study (PDF file) - http://is.gd/JQ03vS

Public colleges taking in more tuition than state funding - http://is.gd/pbIKhA

Effect of subsidies to buyers - http://is.gd/0AGk4r

Best and Most cost effective colleges - http://is.gd/sDnhgK

Category:

News & Politics

Tags:

• College
• Bubble
• bust
• burst
• in
• 2011
• Myth
• college
• tuition
• rising
• inflation
• cost
• privatized
• state
• funding
• subsidies
• student
• debt
• loan
• loans
• Peter
• Schiff
• bubble
• Austrian
• school
• economics
• aid
• Conspiracy
• documentary
• higher
• education
• cartoon
• animation
• goanimate
• go
• animate
• Cornell
• Pell
• grants
• common
• sense

[stebecool]

Thanks for realizing that the audio quality of your video is so horrendous that you needed to add subtitles. It could have been worse.

[Bergkristall]

This video has probably been created by the government.

[AndroidPolitician]

@cliffy827

No he has specifically said he wants capital gains to be structured like income taxes and no Berkshire is not under investigation for tax evasion at worst it owes back taxes.

But no big deal, obviously there's a conspiracy by Obama to coerce Buffet to be for higher taxes.

[cliffy827]

@AndroidPolitician The 15% you are referring to is the same as What Buffett was pointing to - the capital gains tax, which he isn't really complaining about. He says he'd pay more taxes but Berkshire Hathaway is under investigation by the IRS for tax evasion. There's always an alterior motive to what these guys say and do. If I were wealthy, I'd fight every tax hike I could. Funny to me, too, how of the top 10 wealthiest members of Congress, 7 are Democrats. Paying their fare share? Hardly.

[AndroidPolitician]

@cliffy827

That has to do with capital flight and outsourcing because of the lack of capital controls which were removed along with Bretton Woods.

I don't know what "some" is supposed to mean since the richest pay close to 15% in taxes, but that aside, are you really saying if your taxes went up 10% tomorrow you would pack your bags and move to Mexico?

[cliffy827]

@AndroidPolitician True, but as in the case of Great Britain, the rich just move their money offshore. If I were wealthy, I wouldn't want society's burdens on my shoulders. Some rich people already pay half their money in taxes - how much is enough? What incentive is there to succeed if half (or more of) my earnings go to support other people that don't have as much drive?

[AndroidPolitician]

@cliffy827

That's only true for the state level but federally rich people don't leave the states.

[cliffy827]

@AndroidPolitician BUt yu forget one thing - if the rich have enough money to pay those taxes, they have enough money to move. That's what happened in Maryland - they passed a tax hike on the rich, hoping to raise $150 Million. They ended up losing $225 Million because they moved to a more wealth friendly state. Same thing happened in Illinois; they've lost 68,000 jobs. Britain, too, passed a tax hike on the rich. They're only collecting half what they expected to get.

[AndroidPolitician]

@cliffy827

No you just need to shift tax cuts for the rich into funding for public colleges. If you ever noticed, places like Florida give out $4.2 billion tax cuts for rich people while cutting $4.3 billion in public spending.

If it were reversed, you would be massively funding education without changing taxes on most people.

[cliffy827]

So,,to make college affordable for me and everyone else, I/ we need to pay more in taxes to subsidize it?

[AndroidPolitician]

@DoesNotApply

Tuition for public colleges has not gone up as high until recently, check the study in the descriptions.

No they don't, the reserve accounts are at the banks' discretion, they can only alter interest rates and a few other things but not "create money".

What other polls? If you take 2 seconds to google it you'll find most people favor the things I posted.

[AlphaQsoft]

thumb if you thought this was a Family Guy clip in the sidebar.