tag:blogger.com,1999:blog-7642929222753173260.post3911513776543182363..comments2023-08-12T02:43:38.927-05:00Comments on Free Market: Another brick in the wall...FreeMarkethttp://www.blogger.com/profile/12640525471233108791noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7642929222753173260.post-28259707686695598402008-04-22T13:41:00.000-05:002008-04-22T13:41:00.000-05:00Anon 6:22 mentioned student loans.I worked at Morg...Anon 6:22 mentioned student loans.<BR/><BR/>I worked at Morgan for a couple of years, and some of those kids are up to their eyeballs in debt, while taking a major that promises no great financial return. Also the loans were not a fixed interst rate.<BR/><BR/>I think the way the loans are being given out, is going to result in major problems in the next few years.<BR/><BR/>What a future, well educated homeless debtors. I hope not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-20011511034133539382008-04-22T12:06:00.000-05:002008-04-22T12:06:00.000-05:00I think as a society were need to have public educ...I think as a society were need to have public education. However, students being able to attend should be a privilege, not a right. That said, nearly 3/4 of Baltimore City school kids should be put in jail instead of being trucked through a system that has no regard to their actual educational achievements.Eludiushttps://www.blogger.com/profile/10331890376342585365noreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-57523029099777725132008-04-22T08:44:00.000-05:002008-04-22T08:44:00.000-05:00FM: It's all about the "100 percent."FM: It's all about the "100 percent."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-63395776842806917232008-04-22T08:05:00.000-05:002008-04-22T08:05:00.000-05:00HD: "... and that asking parents to pay 100 percen...HD: "... and that asking parents to pay 100 percent of the cost of public education, as you proposed in the "Rant," was unfair and uneconomic."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-16632834052969966142008-04-22T07:57:00.000-05:002008-04-22T07:57:00.000-05:00FM: If you think that asking people to pay for wha...FM: <BR/><I>If you think that asking people to pay for what they consume is “unfair and uneconomic”...</I><BR/><BR/>I never said that, nor do I think it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-26140366470185629132008-04-22T06:35:00.000-05:002008-04-22T06:35:00.000-05:00This dialog reminds me of the different positions ...This dialog reminds me of the different positions from Hillary and Obama on paying for health insurance.<BR/><BR/>Not every necessity should be free or "affordable", particularly when people can pay and would otherwise spend disposable income on materials of lesser priority. <BR/><BR/>Health insurance should be paid by anyone with the ability to pay - it should be in personal budgets. <BR/><BR/>This financial mess we have in the housing/mortgage industries is entirely self-inflicted. If we bail out or pay for everything people need, we're not helping them in the LONG TERM. We're creating a sub-class.<BR/><BR/>The only argument against asking people to pay their way is that the bureacracy through which money flows can suck the life out of any good program.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-32050954776526413492008-04-22T06:22:00.000-05:002008-04-22T06:22:00.000-05:00Do you have an equal concern over government stude...Do you have an equal concern over government student loans? This is one of the major factors is driving up tuition costs.<BR/><BR/>That and the unchecked bureaucracy that exists solely to prove the necessity of every employee in the university/college. Much like public school systems.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-31631131078951601812008-04-21T19:28:00.000-05:002008-04-21T19:28:00.000-05:00If you think that asking people to pay for what th...If you think that asking people to pay for what they consume is “unfair and uneconomic”, then we will have to disagree. That is almost like saying that markets are unfair and uneconomic. Many of the positive externalities you named had to do with “park” elements of schools (a place to shoot hoops, let your dog to run in 25ft circles, etc.) and have little or nothing to do with education. I don’t think it is worth arguing over whether parents should pay 100% or some other percent, but they should certainly pay something over what a childless taxpayer must fork over. Political impracticalities aside, implementing such a concept would fairly simple. The government seems to have no problem setting fees for other services.<BR/><BR/>I think it is telling that private schools are not subsidized. As the previous commenter pointed out, education is not a commodity and the needs of children are variable. The government is not doing children any favors by establishing an education monopoly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-80872773047550044182008-04-21T18:06:00.000-05:002008-04-21T18:06:00.000-05:00I was only trying to make a pretty narrow point in...I was only trying to make a pretty narrow point in response to the "Rant" post: Namely, that there <I>are</I> externalities associated with public education and that asking parents to pay 100 percent of the cost of public education, as you proposed in the "Rant," was unfair and uneconomic. <BR/><BR/>What I didn't say (and where we disagree) is that I think the costs of education should be shared by society pretty much equally, as the situation is now. Trying to decide who pays what in a new system system would be fraught with difficulties. As you said in your comment on my post, however, this is all pretty much moot pending a dramatic shift in political will (and a change to our State Constitution).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7642929222753173260.post-71532423512166807742008-04-20T07:37:00.000-05:002008-04-20T07:37:00.000-05:00One of the best things about private school is tha...One of the best things about private school is that private institutions perform well or they're out of business. <BR/><BR/>And yes, it's a business, and not a commodity. Education shouldn't be treated as a commodity as if there is very little variation. <BR/>Needs of communities and individual children are widely variable.<BR/><BR/>Another thing: If parents don't like what a private school does, they can leave! Try to change public schools - it's like communist China in MANY ways.<BR/><BR/>Breaking the money grip may be insurmountable, however. The only free market choice is to push for vouchers, but in the short term that would exacerbate gov't funding, in the immediate term vouchers would begin to offset, and in the longer term more people with ability to pay might move to private schools.<BR/><BR/>But depending on people doing anything long term defies the source of our current economic condition.Anonymousnoreply@blogger.com