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affordable college   

College is an investment that the child must make to receive the intangible priceless pride that lives with them the rest of their lives.

 

Parents have had a child's lifetime of tax breaks. 

Why add insult to injury by penalizing the child-less.

 

2010

INTRODUCTION

This paper examines the affordable college expense for a lifetime of benefits from hard work and determination.  Employers deserve a workforce that can find a way to contribute to the growth of their company.  Your child can develop those skills and demonstrate the character that employers want; resourceful, hard working, long term thinking, and appreciation of value.

Parents have had a child's lifetime of tax breaks and college is not an investment for society. College is an investment that the child must make to receive the intangible priceless pride that lives with them the rest of their lives.

Society will pay children an adult wage for their adult skills. There is no reason to put the burden on taxpayers without children, some of which can't medically have children due to no fault of their own.  Why add insult to injury by penalizing the child-less because bad parents didn't teach their children to work for their advanced education.

C-SPAN REPORTED THAT THE AVERAGE GRADUATING SENIOR IS ABOUT 22K$ IN DEBT.  Is that an issue? The price of a new car loan is too much to pay for a lifetime benefit of a college education?  No. A small personal debt is not too much.  That is Affordable. That is Worth it. That is not a crises that means we need to tax others for others' kids.


THE FACTS AND DATA COME FROM FREELY AVAILABLE

DATA POSTED ONLINE FROM PUBLIC STATE UNIVERSITIES

Listen to the discussion of this spreadsheet at www.blogtalkradio.com/judgewyld.

or try www.youtube.com/judgewyld and search for college expenses.

It's passionate and it's a good listen. 

Work Savings      
High School Yr Summer    
Mths/yr 8 4    
hrs/wk 20 60    
wks/mth 4 4    
dllrs/hr 4 4    
pocket $/yr 2560 3840 In Bank/Yr 6000
Expense/yrs   400 Years 3
    Dollars 18000
      Money Saved During High School
       
         
  College Yr Summer    
Mths/yr 8 4    
hrs/wk 24 65    
wks/mth 4 4    
dllrs/hr 6 8    
pocket $/yr 4608 8320 In Bank/Yr 12128
Expense (Summer at parents) 800 Years 4
    Dollars 48512
      Money Saved During College
       
    Total Money Avail for College 66512
       
    Money Avail Per Year
  Years 4 $16,628
         
College Expenses      
      Published Tuition & Fees $4,899
      Books & Supplies $2,592
      On-Campus Room & Board $6,738
    College Cost Per Year $14,229
       
    Total 4 Yr College Expense $56,916
       
Discretionary Spending      
       
    On-Campus Other Expenses $3,990
    Off-Campus w/out Family Other Expenses $3,990
    Off-Campus with Family Room & Board $1,702
       
    Total 4 Yr Discretionary Money Avail $9,596
       
      Available for Discretionary Spending Per Year $2,399