Archived posting to the Leica Users Group, 2012/03/21
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Hi Baharani, I can't help but agree with you. And here in Tennessee, they even employed a state-sponsored lottery to boost the enrollment. Jim Nichols Tullahoma, TN USA ----- Original Message ----- From: "scleroplex" <scleroplex at gmail.com> To: <lug at leica-users.org> Sent: Wednesday, March 21, 2012 4:05 PM Subject: Re: [Leica] Fuji X-Pro1 - Jim > 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 > >