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Leading People On By Those Who Should Know Better

Academic

Academic (Photo credit: tim ellis)

Leading people on is a scam.  Here’s one you didn’t think about awhile back.  How many worthless college degrees are there out there?  How much in student loans is owed and can’t be paid off in this economy.  I bet you know at least one person like that.  I know several.

Colleges and their financial aid offices are leading people on.  These days a college degree doesn’t guarantee you a good job anymore, perhaps not even a job.  Accurate numbers are not being kept of people with college degrees who have given up looking for a job.  Also how many people are working only part-time or even at minimum wage service jobs?  Add to this the number of people who are working at jobs where a college degree is not needed and also in an area that they did not complete their studies in.  Last but not least how many people are stay-at-home moms or dads because even with their college degrees they can’t find a job that pays enough so they can afford a babysitter?

Leading people on is a scam in which promises are not kept.  College students are encouraged to acquire more debt than they can  pay.   Is this a problem with truth in advertising?  We have had that problem in the housing industry with people buying more house than they can afford.  It is not bad enough that these college graduates can often only get a job paying a subsistence wage with which they have trouble making ends meet.  Then they have to pay off  an exorbitant amount of college debt as well.  Is there such a thing as ethics to consider in loaning money to someone who will not be able to pay it back and in offering educations that won’t pay any return on the investment?

 

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Money And How You Think About It

american-currencyBecoming more mindful has led me to realize that the amount of money that something costs and whether it seems like too much or a real steal depends on what it is, who you are, and where you are.  I first began to think about this when I started watching HGTV and realized that what was considered a reasonable price for a house in one part of the country or the world was not reasonable in another part.  Decent-sized homes could be bought for $200,000 or less in some places, for $500,000 or less in others, and for over a million dollars in yet other places.  The same was true of rent which ranged from under $1000 to several thousand dollars a month.  The bigger prices were found not just in resort communities but also in suburban areas.highpricedpen

I am currently on a fixed income and am very money conscious.   I found that what I considered to be a good price for something depended on what category it fell in.  I found that I was the cheapest about clothes, hitting clearance racks and garage sales and usually spending under a few dollars usually no more than five or ten bucks; but  I found that I would  spend that much on eating out and on a very special occasion, I might double that.  It all dealt with what I allowed myself to spend even actually keeping a running total in my head.   Why is it more acceptable to spend more on laundry detergent than than on many grocery items?

You might not be on as tight a budget as I am and you may have to spend more to keep up appearances than I do.  Even the higher house prices don’t shock you and you may have already invested that much in a place to live.  What determines what seems reasonable to pay for one type of thing and not another?  Yes, this can be a matter of personal taste and the desire for quality in something you purchase.  But it does seem at least for me that I am willing to spend more on somethings than others.  How did I get that way?  Is it price fixing like the cost of a carton of pop?  Is it brain washing?  Is it due to propaganda?  What one person considers acceptable to pay for something may not be acceptable to another person.  How much of this is due to what is the usual price for something in a certain area and how much of this is due to what its really worth.  Or are things not intrinsically worth anything, except what you can get people to pay for them?

 

 

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