^ Have you met Liberal Arts grads?
I am a liberal arts grad.
But have you met some?
We also need highschools to stop pushing for everyone to continue education immediately and have them encourage gap years to get real world experience. I think it would give you more focus as to what you really need to earn to live and motivate you to be serious about your interests.
Don’t you have a degree in Physics? That’s a far cry from philosophy.
Yes, I did physics in College. But I still did it at a Liberal Arts school, which means I also took Philosophy and History and Music. And it meant that the Philosophy and History and Music students had to do physics or chemistry.
My first boss in my finance career was a philosophy major when he was in college. Didn’t stop him from getting to $800MM under management, not to mention making more money than I ever did.
I agree fully, but if a HS counselor advises Little Johnny to do anything other than go to college, then she will most likely be “corrected” by somebody.
Breaking news - In the SOTU, Obama said that he wanted to put an end to the 529 college savings plans. But the political backlash has been so bad (from both parties) that he has abandoned the idea. Instead, he will “focus on delivering a larger package of education tax relief that has bipartisan support.”
That’s what happens when Higgs and I team up.
I actually think (theoretical) Physics and Philosophy are very similar in some ways. Both are some guys sitting in a room saying, well if (this concept)… then (something else). Often, their conclusions cannot be proven with empirical observations, so everything is just based on conjecture.
With Physics, I guess we can sometimes prove things 50 years later or so.
I understand your point but I completely disagree. Perhaps because I love theoretical physics and despise philosophy.
I put a call into Barry and told him he better back the fuq off when it comes to 529 plans. At first he was all like “Hey, I’m POTUS and never have to get elected again, so I ain’t ascared of you no more. So…ummmm…so there.” Then I was like “It ain’t just me buddy boy, lots of folks are upset about this.” And he was all “Really? Ummm…like…ummm…who”? And I was like “Well, STL for one” and I could hear his stomach drop. Then his tone changed completely and he as all like “Well, it was just a proposal for a stupid speech you know? I didn’t even realize it was in there until I said it. There’s nothing set in stone or anything like that. It’s really premature for people to get serious about it. It’s not like I do most of the stuff I say I’m going to do anyway. In fact, I was already planning to call Arne to tell him that it was a crappy idea he came up with and I’m really pissed at him.”
killing 529 plans and wanted to give free community college. dang he’s gone completely asinine. please relieve the country of this guy. Next thing you know he’ll be asking the senate for emergency powers, and then secretly authorize the creation of a clone army
And JDV voted for this guy…
The idea of simply canceling 529 plans would be bafflingly dumb. Is that really what was proposed?
Or was it phasing out 529 plans and substituting a different financing method.
Or was it the goal of making 529 plans superfluous because there would be other tax-advantaged ways of paying for an education, or that educational costs would somehow be non-outrageously inflating?
After all, if college education were free to those who could get in (as it is in many parts of Europe), what would you be able to spend your 529 plan money on without having tax penalties to undo the previous tax protection.
I agree that cancelling 529 plans and having nothing to take their functional place is kinda crazy.
IIRC - all current 529’s would be grandfathered in, but no new plans could be established. This would make the Coverdell IRA the only tax-preferred vehicle for educational purposes.
He also wanted to end the deductability of student loan interest. (It’s already non-deductible for MFJ >$100k, because if you make >$100k, you’re really killing it.)
Really? I’ve never noticed this using TurboTax. It still asks me to enter it…huh.
Oh well, not a big deal anyway. My wife has something like 13 more months on her’s and I think we paid a total of $36 in interest last year.
Tax Act also asks for it, but doesn’t actually take the deduction if you don’t qualify.
yeah they have the TAG program in cali to jump into UC schools - it’s pretty good