Archived posting to the Leica Users Group, 2012/03/21
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]It's nearly as bad here in Canada. Tuition fees rise well beyond any concept of inflation. Meanwhile our education minister goes off to China to promote Canada as a place to come and get educated (for a price). Meanwhile, in the public schools.... We've just legislation from our provincial government denying the teachers any pay increases for the next while and at the same time retroactively taking away a number of hard won limits on class sizes, help for teachers with special needs students and other advances achieved in the last ten years. The legislation specifically states this 10 year retroactive roll back. Our premier meanwhile sends her son off to private school. She can afford it, as the pay raises for all the legislature has been substantially above the rate of inflation, and about as drastic as the increase in university fees. On 2012-03-21, at 2:05 PM, scleroplex wrote: > exactly!! > > everyone is talking about the rise in healthcare costs. > no one is comparing the rate of rise of higher education costs. > it is 6 times that of health care! > > all the universities are raking it in and putting up flashy buildings with > gay abandon. > and no one is even looking at abuse of HEFA loans, which is as big a > scandal as mortgage loans if not bigger. > > university boards are packed with real estate developers who get HEFA loans > from the government and spend the money on construction projects. > > a good percentage of the loans are also invested in the capital markets by > university endowment funds and multiplied. > essentially rolling cheap tax money. > when there is a profit, the university keeps it. > when there is a loss, it is a public write-off. > > nowadays whenever i see students and their parents touring the universities > here in boston, > i only think, here are the next lot of mugs! > these are the people who are deliberately left in huge debt, > which they then concentrate on paying off the next 30 years, > with no time for the policing of democracy at the local or national level. > > bharani > > > > > > Message: 16 > Date: Wed, 21 Mar 2012 09:07:49 +0530 > From: Jayanand Govindaraj <jayanand at gmail.com> > Subject: Re: [Leica] Fuji X-Pro1 - Jim > To: Leica Users Group <lug at leica-users.org> > Message-ID: > <CAH1UNJ1=+AvJ7=jCJXTvdUnRM7o4DyhFqgib_OiKAHsMVxGP4g at > mail.gmail.com> > Content-Type: text/plain; charset=ISO-8859-1 > > It is still considered a part of the parent's duty to fully educate their > offspring here in India (I am talking lower middle class and above here). > Of course, there is some self preservation involved, as it is still > considered a part of the offspring's duty to look after the parents in > their old age. My parents in law have always stayed with me, and my parents > with my brother - and they have done so for the past 20-25 years. The old > joint family systems have not noticeably broken down as yet, though in > urban India it is starting to happen. > > As far as the USA is concerned, it is my considered view that the only > bubble that has not collapsed yet is in education - both in terms of > affordability, and the sheer weight of student loan debt that has no chance > of being repaid. > > Cheers > Jayanand > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > Henning Wulff henningw at archiphoto.com