How Important Is Higher Education? Paypal Founder Pays Students To Drop Out Of College!

May 27, 2011 ABC News
http://MOXNews.com

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News & Politics

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[SupermarketsRevil]

@sniper13x <<<another fucking conspiracy theorist nutjob. Cite evidence for your claims unless you are a stupid 13 year old redneck who is too retarded to understand politics so you demonise everything about the gov't. Occam's razor, motherfucker. Learn2logic.

[TheUSMetalhead]

This nation should have single-payer health and education, it's one of America's MANY shames.

[CrocoDuck420]

@sniper13x Dude like I read in this book man about that. Like dude its like happening and nothing we can do man. I'm going to that place with the desert man,

[SwobyJ]

Guys, college isn't *innately* for education. You can get that anywhere. College may *enable* you in this, but not necessarily.

College is for certification, for declaration of skills and aptitude for learning, etc. It's useful for employers in that they know your general skillset/knowledge base, and how dedicated you are to follow something (for your benefit) for years onward. It's still damn useful, but I think you'll have to put more into it than the bare minimum. Network, meet people.

[PyROphantasie]

@shotsky94 I'll concede that I don't know enough about economics to say it's one way or the other, i can't really say public schools lower the cost of private schools but i also can't say that public schools would be cheaper without public schools or grants, etc. Although I "Think" it's the first way. As for politicians being bought by unions or businesses (Business being the FAR larger factor) That's why we need publicly funded elections, no outside donations, every candidate gets equal money

[shotsky94]

@PyROphantasie I am not arguing with you about economics, i was just pointing out your earlier statement of free colleges reducing costs of private colleges was false which you seem to have admitted

.

"At least in a public business they are under direct control of the voters"

Wrong. They are under the direct control of the politicians whose campaigns are supported by unions. Why do you think there's so much antagonism towards public sector unions at the moment

/watch?v=su4PwZCWUdg

[PyROphantasie]

@shotsky94 Where there's money there will ALWAYS be corruption. In a private industry the owners are not under direct control of the users of their services, thus if someone complains about something the owner can just say "take your business elsewhere" which in the long run leaves the consumer no other alternative, since once a business becomes a powerhouse they can use their money to "Stop" the competition. At least in a public business they are under direct control of the voters.

[PyROphantasie]

@shotsky94 That "fundamental" law only applies when there isn't a "Core" group of people that will pay anything for a private education. Right now the majority of the population isn't willing to pay the costs of a private education, but the rich or "elite" will always want an education that is "better" than public, and will be willing to pay a lot for it, even if it just means there kids are separate from the masses.

[shotsky94]

@PyROphantasie When demand is very low and are unable to cover costs, they run out of business. This is fundamental economics my friend.

"And private schools aren't?"

No they aren't, because there is a direct relationship between the payer and the provider. It is to the detriment of the private school to be corrupt. They are only stealing money from themselves. In the public school system, all the bureaucrats are stealing money from YOU---the taxpayer. There is no incentive to cut costs

[PyROphantasie]

@shotsky94 I had the highest grade in the class in my Macro Economics class in highschool (105%, extra credit), so i might not know the details but i know how the generalities work. Price on demand only applies to a certain point, When the demand is VERY low they often have to charge a lot more just to cover the costs otherwise they would be operating at a loss.

[PyROphantasie]

@shotsky94 Lol yes i don't know how every single aspect of the school system works and i'm not trying to create a "Plan" This is just me talking about ideology. And private schools aren't? At least with Public schools there's SOME oversight.

[shotsky94]

@PyROphantasie And if you knew much about economics, you'd realize that if the demand for private schools went down, then the price would have gone down as well.