FROM OUR INBOX
teacher friends may be getting their, so to speak, “comeuppance.” Teachers’ unions do cause problems, but more in protecting the tenure of incompetent teachers than in providing lavish pay. The average public-school teacher salary is $54,740 a year. That’s better than the national average salary of $44,564, but it’s not too much to pay the third-most important person in your child’s life – after mom and dad. Re: What explains this incredible bubble? May 23, 2018 issue of American Weekly Consequences Today, we receive Bryan Beach’s article about the issues with student loans. I would like permission to share this with my elected representatives. Would you either approve or disapprove? I would be happy to give full credit to American Consequences , along with Bryan Beach. This is yet another shining example of a good intentioned Federal program gone bad, really bad. – Larry F. Steven Longenecker comment: Larry, absolutely. Though we have our doubts they’ll listen. The following is in response to the American Consequences post on student debt. Virtually every article written on the subject of student debt overlooks perhaps the most serious cause – that of student spending irresponsibility. I am a now-retired college professor who taught at two MAJOR Midwestern
universities. Over the years, I had approximately 16,000 (give or take a few thousand) students pass through my classrooms. In some instances, I came to get to know the students reasonably well and in almost every case, the student had a better and newer cell phone than did I, had newer and better and more up-to-date stylish clothes than did I, and many even drove nicer cars than did I! How did that happen? Reckless overspending by the students themselves and easy credit from the student loans is the answer. And that is the cause of much of the massive student load debt they are now facing. Had their parents done a better and more responsible job of teaching them fiscal responsibility, we as a nation and they as former students would not be in this current mess. Consequently, I do not have much sympathy for those facing this massive burden. I could go on and say ‘Back when I was a student and had to take out student loans...’ but I won’t bore you with such out-of-date drivel. – Bob R. P.J. O’Rourke comment: Thank you, Bob. And let me do that “Back when I was a student and had to take out student loans... ” thing for you... I had a hard time getting the money to pay for college, and I had a hard time keeping what money I had. Most of it went on beer instead of textbooks (which I would fish out of the dumpster behind the SAE house). I
18 June 2018
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