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Proposal/Issue/Article: To receive lifehour bonus, you
must click each entry as a sign of support. |
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1 Self-Sustaining Inflation: Everything done to reduce higher-ed
inflation igknows the basic definition of inflation, that is, more money
chasing the same goods and services. Higher-ed inflation is, thus, a
self-sustaining and inevitable. If you throw money at inflation then you
get more inflation like hosing a fire with gasoline. |
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2 Igknowant Relatives: Relatives who think they are helping their
college-bound youngsters with tax-beneficial accounts igknow how the ballooning
public debt is a de facto indirect college loan to which igknowant
relatives obligate their youngsters. This national jumbo college loan is
at higher interest rates than direct college loan interest rates. |
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3 First In, First Out: 529s are, overall, a Ponzi scheme with
the first-in receiving the maximum benefits while later participants are
stuck with higher debts, taxes and unemployment. Or, social, economic and
political collapse. |
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4 Free Rides: Those who can pay the full college tuition when
the baby is born are the ones who get to have college costs of two decades
earlier. The pay-as-you-go, muddled class has to pay higher college costs
to make up the difference between then and now costs. |
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5 Bad Math: 529s are a Ponzi scheme that benefit the rich because,
like lottery tickets and 401ks, the muddled-class igknows basic math. The
muddled class believe they can get something-for-nothing. |