College Endowments & Student Debt -- Shame Shame Shame

[DGUtley]

When I graduated from law school, I was up over my Pelosi in debt. We paid $16,000 for a house in the ghetto of Cleveland (until we were robbed) and pounded the debt. It was a different time and my generation was, by and large, different. My daughters tell me their friends are graduating with 200k in debt (pharmacy school).

These colleges have massive endowments and can well afford to let these kids pay less. Harvard has an endowment valued at $1.5 MILLION per kid. They won't b/c federal loan money is so readily available. That bubble is going to hit soon.

College	2017 Endowment Value	% Change in Market Value	Value per Student
Harvard University	$36.022B	4.3	$1,522,104
Yale University	$27.176B	7	$2,191,268
U of Texas System	$26.535B	9.60	$147,675
Stanford University	$24.785B	10.70	$1,541,160
Princeton University	$23.812B	7.5	$2,951,077
MIT	$14.968B	11.4	$1,315,751
Penn	$12.213B	14	$541,389

Texas A&M System	$11.556B	9.60	$97,189
University of *ichigan	$10.936B	12.20	$197,056

http://time.com/money/5116456/colleg...-returns-2017/




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[DGUtley]

Personally, I think there's a correlation between the availability of money and the rise in tuition:

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[MisterVeritis]

The answer is very simple. We need a wall of separation between the government and education.

[Admiral Ackbar]

Two things you don't need in this world Education and Insurance.

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