Drudge Retort: The Other Side of the News
Wednesday, August 13, 2014

Christian Science Monitor: Campus bookstores are renowned for their price gouging, but it turns out textbooks aren't the only items they sell at a premium. We looked at the online bookstores of six universities and found that laptops and tablets are also sold at higher-than-average prices. In some instances, we found devices that were up to 135% more than what you'd pay at a normal store. The University of Virginia, for instance, is selling what appears to be the first-generation iPad mini 16GB Tablet for a whopping $469. We've seen this tablet for just $199 on more than one occasion this summer.

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Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Unfortunatly, like everything else (health care, politics etc), Education has become a buisness. Gullable people will spend 100K for a $10 per hr increase (if their lucky) in pay.

What a joke.

#1 | Posted by bat4255 at 2014-08-13 10:41 PM | Reply | Flag:

Gullable people will spend 100K for a $10 per hr increase (if their lucky) in pay.

Extra $10/hr on a 2000 hour work year...

Meaning it pays for itself after five years, at which point you're already on a much higher earning trajectory than if you hadn't gone to school.

Stay in school, kids!

#2 | Posted by snoofy at 2014-08-13 10:44 PM | Reply | Flag:

General rule of thumb, if you have the cash, go for it. If not, only burrow what you would earn in 1 yr. I've seen people sold a bill of goods and burrowed 100K for a 40K 50K per yr. job.

Stupid.

#3 | Posted by bat4255 at 2014-08-13 10:50 PM | Reply | Flag:

Never go to a website that mixes christian and science together in the same title.

#4 | Posted by pragmatous at 2014-08-13 11:34 PM | Reply | Flag: | Newsworthy 1

What a joke.
#1 & #4 | Posted by bat4255 at 2014-08-13 10:41 PM

You're language skill's speak four themself's.

#5 | Posted by censored at 2014-08-13 11:40 PM | Reply | Flag:

er.. that shood half bean bat's #3, knot at pragmatous.

#6 | Posted by censored at 2014-08-13 11:41 PM | Reply | Flag:

Never go to a website that mixes christian and science together in the same title.

#4 | Posted by pragmatous

The Christian Science Monitor is well known for being a excellent News source, I know Atheists who read the Christian Science Monitor.
I can only guess you have never read it and are bigoted against Christians

#7 | Posted by PunchyPossum at 2014-08-13 11:50 PM | Reply | Flag:

Never go to a website that mixes christian and science together in the same title.
#4 | Posted by pragmatous at 2014-08-13 11:34 PM

I know that CSM claims to be secular, but it's perplexing to me why anyone would ascribe any weight to facts reported by a paper named for a religion that claims that "sickness is an illusion that can be corrected by prayer alone."

#8 | Posted by censored at 2014-08-13 11:53 PM | Reply | Flag:

www.bls.gov average earnings and average unemployment rates by education level

Suck on that bean bat.

#9 | Posted by BruceBanner at 2014-08-14 02:11 AM | Reply | Flag:

General rule of thumb, if you have the cash, go for it. If not, only burrow what you would earn in 1 yr.

I have many a doctor friend who'd beg to differ.

So I guess you can take you general and...well...put it somewhere nice.

#10 | Posted by jpw at 2014-08-14 03:31 AM | Reply | Flag:

Education has become a buisness.

You do hit this sad truth on the head, though.

Increasing revenue, building more buildings and "centers" while maintaining or growing an endowment has taken front seat over "education".

And yes, I realize that much of the above helps to improve education. I just think a point at which diminishing returns occurs that isn't exactly subtle.

#11 | Posted by jpw at 2014-08-14 03:35 AM | Reply | Flag:

Never go to a website that mixes christian and science together in the same title.

#4 | Posted by pragmatous

DaVinci, Galileo, and Copernicus, among many others, were 'Christian Scientists'.

#12 | Posted by AMERICANUNITY at 2014-08-14 04:12 AM | Reply | Flag:

And, interestingly, at least two, if not all three, pushed or broke the limits of what their Church would accept.

So you've supported his statement rather nicely LOL

#13 | Posted by jpw at 2014-08-14 04:22 AM | Reply | Flag:

CSM is not like CS. If it was, it'd be damn boring instead of insightful and worth reading.

#14 | Posted by 88120rob at 2014-08-14 07:25 AM | Reply | Flag:

A year ago we bought our daughter a new laptop at her college campus bookstore. Printer was thrown in, as was 4 yrs of Office 360. Most important in our decision: on site service. The price was competitive...

#15 | Posted by catdog at 2014-08-14 08:13 AM | Reply | Flag:

Gullable people will spend 100K for a $10 per hr increase (if their lucky) in pay.

$10 x 2,080 hours = $20,800 per year increase.

$20,800 x 46 (67 - 21)= $956,800 boost in earnings over working life and that is assuming no raises ever.

That does not even include the perks of health insurance and paid vacations that come with better jobs.

Yeah kids, much better to drop out and work at WalMart at min wage with no benefits.

#16 | Posted by 726 at 2014-08-14 08:28 AM | Reply | Flag:

burrowed 100K for a 40K 50K per yr. job.
Stupid.

#3 | POSTED BY BAT4255 AT 2014-08-13 10:50 PM | REPLY | FLAG:

It just writes itself.

#17 | Posted by 726 at 2014-08-14 08:29 AM | Reply | Flag:

Campus book stores are a license to steal from students. Thankfully the interweb is giving them some competition.

I remember back in the day I had just finished my business law class and wanted to sell my $127 textbook back to the bookstore. The offer was $11. My question was why so low and the answer was "because they are not going to use this book next year anymore".

Next year I spotted my textbook in the store being sold for $85. Quite the racket.

Thank god I highlighted in black sharpie.

#18 | Posted by 726 at 2014-08-14 08:33 AM | Reply | Flag:

726 your ROI is too optimistic. Assuming that the ass the 10$/hour differential was pulled from is accurate, we have to deduct the education cost with interest (which should include the loss of four years of income while in college). Don't forget the additional taxes on the higher income. College may not be the right choice for everyone.

#19 | Posted by visitor_ at 2014-08-14 09:56 AM | Reply | Flag:

Well you also have to take into account annual raises that come with a better paying job vs none for a minimum wage job.

But when a dumb hsit automatically rules out a college degree as a joke, well that hsit has to be called out for what it is.

I do agree college is not for everyone, but when your choice comes down to "you want fries with that" if you have the aptitude for higher education in a degree with potential it is stupid to ignore that option.

The numbers look even better when you can attend a public university with a $11,000 annual cost.

#20 | Posted by 726 at 2014-08-14 10:54 AM | Reply | Flag:

When you look at this...

www.bls.gov

The difference between a bachelor's degree and no college degree is $15.90 per hour.

That makes the blanket criticism of a college degree look even dumber.

#21 | Posted by 726 at 2014-08-14 10:57 AM | Reply | Flag:

726,

you can stop beating on him. It's obvious he/she is affected by personal experience. Either himself or someone close to him went to college, racked up debt and never found a real job....probably for a number of reasons but the most relevant one was that they shouldn't have been there.

#22 | Posted by eberly at 2014-08-14 11:02 AM | Reply | Flag:

This is a good debate. We've been too simple in our thinking, successful people go to college, let's send everyone to college so they can be successful. Instead of all that federal money going to prop up college tuition, I'd like to see similar amounts available for young people to start businesses.

#23 | Posted by visitor_ at 2014-08-14 11:16 AM | Reply | Flag:

Generally speaking the last priority of higher education is quality affordable education for the masses. Their number one priority is protecting the name, affluence, expanding power and influence, and well being and benefits of those on staff and in academia.

Being on staff or in family of those on staff means not having to worry about tuition or loans (they get highly discounted tuition) and it probably means significant discounts from university book stores. There is a term they use called tuition exchange or tuition remission that means keeping being a family member of academia assures continuity and affluence in-house.

#24 | Posted by Robson at 2014-08-14 11:39 AM | Reply | Flag:

Jobs for the well educated are also much easier to do, regardless of pay difference. Quality of life is an issue too.

#25 | Posted by BruceBanner at 2014-08-14 12:36 PM | Reply | Flag:

Instead of all that federal money going to prop up college tuition, I'd like to see similar amounts available for young people to start businesses.
#23 | POSTED BY VISITOR_

I believe there are more businesses that fail in America than there are college dropouts. Even more so, I'd wager that businesses that are run by individuals with a minimum of a bachelors degree are more successful than the alternatives. Furthermore, those successful businesses that are run by owners who do NOT have a higher education are run by OLDER, MORE EXPERIENCED individuals who may have already failed in the past.

Giving an 18 year-old the monetary equivelent of a 4 year state university degree (~$50,000) to start his/her own business is bad business, IMO.

#26 | Posted by rstybeach11 at 2014-08-14 12:52 PM | Reply | Flag:

Well, giving an 18 year 50,000 or more to get a degree in gender studies is not working out so hot either. My thought is that if we're willing to back loans for kids to go to college as a way of class mobility, we should also look ways to promote entrepreneurial behavior too.

#27 | Posted by visitor_ at 2014-08-14 01:14 PM | Reply | Flag:

My thought is that if we're willing to back loans for kids to go to college as a way of class mobility, we should also look ways to promote entrepreneurial behavior too.
#27 | POSTED BY VISITOR_

Now that's something I could support. Your initial description seemed a little too overzealous. I coach and teach 17-19 year olds. I believe a very small minority of them would be capable of using that money wisely and in accordance that would benefit tax payers. Though I support your assertion regarding the promotion of entrepreneurial behavior, I still believe the best way to do that is through higher education. My friends with degrees in business administration are doing quite well for themselves.

Women's studies? For those looking to conduct academic research and are interested in becoming an educator, women's studies is a great discipline to take on (and a necessary discipline for academia). Should someone interested in working in business or capital get a degree in women's studies? No. Obviously not. Although we live and work in a society dominated by capitalism and its interests, we should not expect nor demand that people conform to industries solely focused on the generation of capital.

The free market should not dictate people's lives just as government should not dictate people's lives. A society bent on hyper-capitalism is just as restricting as a society bent on hyper-socialism (see Communism).

#28 | Posted by rstybeach11 at 2014-08-14 01:52 PM | Reply | Flag:

If the only reason you are going to college is better money, you are going for the wrong reason. Plumbers and electricians can make 50k-100k per year.

I know people that go to college for 4 years and are in hock not only for the 100K the had to burrow, but also the lost wages for those 4 years, and then get a mediocre job.

If you want to teach, great, but what are they paying 30-50K (in Wisconsin, thanks to Walker), but there are some bus drivers in Madison that made 100K per year, with no college.

I also know of commercial pilots that only make 30K-50K, after investing 50K-100K in training.

Nurses that make the same as above, with the same or more of an investment.

Now if that's what you dream job is great, then your happy. But don't buy in that the only way to make money is through college. It's a sell job

#29 | Posted by bat4255 at 2014-08-14 07:58 PM | Reply | Flag:

One trick college books stores pull is they allow you to purchase using the loans and grants. The unused money is not disbursed back to you for at least a month after the semester starts so unless you have the money for a computer and books out of pocket you don't have much choice.

This semester I ordered my books online total cost 360 from the book store it would have been 530. So just because I have a spare 360 bucks I save 170. If I hadn't had the 360 I would have had no choice.

Just another way being poor is expensive.

#30 | Posted by TaoWarrior at 2014-08-14 08:25 PM | Reply | Flag:

Here is an ugly truth, the publishers of text books sent out big bucks in kick-backs to professors and teachers to pick their books. It's illegal in some places, so the publishers sponsor "seminars" or "retreats" etc. The truth is almost any state could publish their own text books- Texas has over 3000 PHDs on their pay role- most of whom publish occasionally. The vast majority of the material in text books is open source. Higher education in America is a crime ageist students. Why buy a book for $150 when you could down load the same material from open sources free?

#31 | Posted by docnjo at 2014-08-15 11:16 AM | Reply | Flag:

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