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(Investors Business Daily)   Think college is expensive now? Wait until ObamaCare kicks in   (news.investors.com) divider line 89
    More: Scary, obamacare, National Center for Education Statistics, IBD, Peter Orszag, National Conference of State Legislatures, public university, colleges  
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1993 clicks; posted to Politics » on 23 Aug 2012 at 10:03 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-23 08:23:20 AM
yet those graphs would look no different without Obamacare. How to lie with statistics.
 
2012-08-23 08:30:55 AM
Oh FFS.
 
2012-08-23 08:37:04 AM
Think cars are expensive now? Wait until ObamaCare kicks in.
Think houses are expensive now? Wait until ObamaCare kicks in.
Think season tickets are expensive now? Wait until ObamaCare kicks in.
 
2012-08-23 08:38:25 AM

Lurking Fear: yet those graphs would look no different without Obamacare. How to lie with statistics.


Umm, those graphs only cover from 2000 to 2010, showing how a doubling of Medicaid spending in that time period corresponds approximately with the doubling of college costs. Of course they'd look no different without Obamacare, because they cover the time period before Obamacare started, in fact, most of the time period covered is before Obamacare even existed.

Also, the article links to a paper that one of Obama's budget directors wrote prior to working with the administration pointing out that very link between increased Medicaid expenses and increased education costs.
 
2012-08-23 08:47:09 AM

Lurking Fear: yet those graphs would look no different without Obamacare. How to lie with statistics.


Of course they would, since they're actual data from the last ten years, before Obamacare was passed.
 
2012-08-23 08:48:56 AM

dittybopper: Lurking Fear: yet those graphs would look no different without Obamacare. How to lie with statistics.

Umm, those graphs only cover from 2000 to 2010, showing how a doubling of Medicaid spending in that time period corresponds approximately with the doubling of college costs. Of course they'd look no different without Obamacare, because they cover the time period before Obamacare started, in fact, most of the time period covered is before Obamacare even existed.

Also, the article links to a paper that one of Obama's budget directors wrote prior to working with the administration pointing out that very link between increased Medicaid expenses and increased education costs.


Actually, it's pointing out the decrease in government appropriations per capita for education, and explaining it with the increase of government spending per capita for medicaid. Which is pretty goddamn obvious. If the government spends more in one area, they have less to spend in another.

It doesn't link Medicaid to an increase of all college's costs, only to those schools that are part of the state.
 
2012-08-23 08:49:28 AM

kronicfeld: Think cars are expensive now? Wait until ObamaCare kicks in.


I don't get a state subsidy when I purchase a car.

Think houses are expensive now? Wait until ObamaCare kicks in.


I didn't get a state subsidy when I purchased my house.

Think season tickets are expensive now? Wait until ObamaCare kicks in.


I don't get a state subsidy when I purchase tickets.

I *DID* get a state subsidy when I went to college. Or, more properly, the school I went to got one, and that allowed them to keep my tuition costs down, at the expense of the state taxpayers. As the article points out, the two biggest costs for any state are Medicare/Medicaid, and Education. If you increase spending on Medicaid, and you don't increase the amount of money coming in, at some point you have to cut education spending, and that means tuition hikes at state universities.
 
2012-08-23 08:50:55 AM

Coolfusis: dittybopper: Lurking Fear: yet those graphs would look no different without Obamacare. How to lie with statistics.

Umm, those graphs only cover from 2000 to 2010, showing how a doubling of Medicaid spending in that time period corresponds approximately with the doubling of college costs. Of course they'd look no different without Obamacare, because they cover the time period before Obamacare started, in fact, most of the time period covered is before Obamacare even existed.

Also, the article links to a paper that one of Obama's budget directors wrote prior to working with the administration pointing out that very link between increased Medicaid expenses and increased education costs.

Actually, it's pointing out the decrease in government appropriations per capita for education, and explaining it with the increase of government spending per capita for medicaid. Which is pretty goddamn obvious. If the government spends more in one area, they have less to spend in another.

It doesn't link Medicaid to an increase of all college's costs, only to those schools that are part of the state.


Right. I should have specified that it is linked to tuition increases at schools that get substantial state support.
 
2012-08-23 08:52:11 AM

dittybopper: and you don't increase the amount of money coming in


So let's do this.
 
2012-08-23 08:53:26 AM

dittybopper: I *DID* get a state subsidy when I went to college. Or, more properly, the school I went to got one, and that allowed them to keep my tuition costs down, at the expense of the state taxpayers. As the article points out, the two biggest costs for any state are Medicare/Medicaid, and Education. If you increase spending on Medicaid, and you don't increase the amount of money coming in, at some point you have to cut education spending, and that means tuition hikes at state universities.


So then this whole argument is utterly irrelevant, because it says nothing more than "if the state pays more on X, then it will necessarily spend less on Y." You can make X and Y any policies at all: school and medicaid, roads and police, tax breaks for business retention and disaster relief, etc.
 
2012-08-23 08:59:28 AM

kronicfeld: dittybopper: I *DID* get a state subsidy when I went to college. Or, more properly, the school I went to got one, and that allowed them to keep my tuition costs down, at the expense of the state taxpayers. As the article points out, the two biggest costs for any state are Medicare/Medicaid, and Education. If you increase spending on Medicaid, and you don't increase the amount of money coming in, at some point you have to cut education spending, and that means tuition hikes at state universities.

So then this whole argument is utterly irrelevant, because it says nothing more than "if the state pays more on X, then it will necessarily spend less on Y." You can make X and Y any policies at all: school and medicaid, roads and police, tax breaks for business retention and disaster relief, etc.


Except that the two biggest expenses in state budgets happens to be Medicaid, and Education (including state aid to elementary school, middle, and high schools, along with state colleges and universities).

Sure, it'll also probably mean those potholes will take longer to get filled, but that's not necessarily as big of a shock to a parent who's looking at a $2,000 a year combined tuition/room/board hike.
 
2012-08-23 09:05:06 AM
Think Mac's are expensive now? Just wait until ObamaCare kicks in


/Really, there is no way in hell Apple will eat the extra costs on their bottom line
 
2012-08-23 09:28:36 AM
This that prostitute is expensive now? Just wait until Obamacare kicks in.
 
2012-08-23 09:37:27 AM
So vote Republican, and ignore the fact that they'd absolutely gut the education spending because that would have no effect on college prices, right?
 
2012-08-23 09:48:27 AM
I'M ALREADY PAYING AN EXTRA $0.15 PER PAPA JOHN'S PIZZA!

HOW AM I SUPPOSED TO LIVE NOW, FARTBONGO?!
 
2012-08-23 09:50:21 AM

DammitIForgotMyLogin: So vote Republican, and ignore the fact that they'd absolutely gut the education spending because that would have no effect on college prices, right?



But they'd gut education AND Medicare! So it balances out.
 
2012-08-23 09:50:50 AM
You know there could be other reasons that states pulled funding for public universities. Here in South Carolina they advertised the a state lottery and scratch off cards as a new source of education funding. What they didn't bother mentioning was that it wasn't going to be a new additional source; they decided to just reduce the previous funding by the amount they thought the lottery would bring in. And it never came close to their advertised expectations.

Never blame something on various and mostly uncontrolled economic forces that which can be explained through sheer stupidity and neglect.
 
2012-08-23 09:53:32 AM
i194.photobucket.com
 
2012-08-23 09:56:30 AM
img842.imageshack.us
 
2012-08-23 10:02:42 AM
I heard Drew say he's going to have to raise TotalFark to $6 a month once Obamacare kicks in.
 
2012-08-23 10:05:19 AM
Think chickens are expensive now? Wait until Obamacare kicks in.
 
Bf+
2012-08-23 10:06:52 AM
Subby forgot to spell Obama with a zero.
 
2012-08-23 10:07:16 AM
do you think feeding your family is expensive now? just wait until obamacare kicks in.
 
2012-08-23 10:07:33 AM
Think the societal cost of Fox News' lies and faux outrage is expensive now? Wait until ObamaCare kicks in.
 
2012-08-23 10:07:38 AM
It's almost like 0bamacare ruins everything forever.
 
2012-08-23 10:08:36 AM
Think hookers and blow are expensive now? Wait till Obamacare kicks in.
 
2012-08-23 10:08:37 AM
Ignore the fact the Republicans literally tried to destroy the PELL grant.
 
2012-08-23 10:09:24 AM
Trying to talk intelligently about the Affordable Care Act has already cost me my reputation as a thoughtful, intelligent person.

So yes, Obamacare's victims are legion.
 
2012-08-23 10:09:47 AM
Hey, mods, thanks for moving IBD to the Politics tab. Appreciate it.
 
2012-08-23 10:09:58 AM

sweetmelissa31: [i194.photobucket.com image 618x494]


your command-line generated R graphs give me the biggest bone
 
2012-08-23 10:10:33 AM
What? The additional costs of medicaid is actually provided by the federal government. This article is BS lie.
 
2012-08-23 10:10:44 AM

sigdiamond2000: [img842.imageshack.us image 505x378]


i568.photobucket.com
 
2012-08-23 10:10:46 AM
Thank god I stubbed my toe this morning. If it'd happened after zerobamacare became effective, it woulda hurt like a sonofabiatch.
 
2012-08-23 10:12:07 AM
ObamaCare is not Medicaid, mainly due to the fact that YOU ARE BUYING PRIVATE HEALTH INSURANCE
 
2012-08-23 10:13:24 AM
But if health care costs stagnate or rise slower than expected (which is part of what Obamacare does), Medicaid budgets will be better able to cover that which needs covering with the same amount of money. The budgets will still rise year-over-year, but hopefully some good fiscal planning (is raising revenues on the table yet?) means that Medicaid dollars will stretch farther, relative to today.

State unis will still hike tuitions. The president and regent and ombudsman and athletic directors need their $400k/year, state-provided (or -subsidized) car, state-provided (or -subsidized) house, and that football field just can't stay green enough for my tastes.
 
2012-08-23 10:14:11 AM

dittybopper: I *DID* get a state subsidy when I went to college. Or, more properly, the school I went to got one, and that allowed them to keep my tuition costs down, at the expense of the state taxpayers.


Oh, so...socialism.
 
2012-08-23 10:15:26 AM
Oh my god, just STFU.

The GOP thrashing is getting absurdly ridiculous as they circle around the toilet...
 
2012-08-23 10:15:29 AM
It passed, get over it.
 
2012-08-23 10:15:38 AM
Because before Obamacare college tuition went down every year and everyone could aford it?

1. Find something negative that always will happen.
2. Blame it on President Obama and/or Obamacare
3. Profit
 
2012-08-23 10:26:27 AM
Oh, no!!! And college tuition rates were going to drop this year otherwise!!!
 
2012-08-23 10:30:11 AM
It also puts a lot of those college students on their parent's insurance, which makes things cheaper for the family.
 
2012-08-23 10:32:21 AM
Think Hitler was evil now? Wait until Obamacare kicks in.

Think Stalin's mustache is bushy now? Wait until Obamacare kicks in.

Think Paul Ryan/Romney slash porn is bad now? Wait until Obamacare kicks in.

Think Ayn Rand is unreadable drivel? Wait until Obamacare kicks in.
 
2012-08-23 10:33:26 AM
Can you hear me now? Wait until Obamacare kicks in.

I SAID, WAIT UN-

NO. I SAID WA-

I'LL CALL YOU BACK
 
2012-08-23 10:34:29 AM
They will drop when top colleges offer more/all degrees online and begin competing for pure numbers.
 
2012-08-23 10:37:02 AM

consider this: How about somebody show proof that Obamacare isn't going to do any harm?


smallbiztrends.com
 
2012-08-23 10:37:44 AM

EyeballKid: Oh, no!!! And college tuition rates were going to drop this year otherwise!!!


That's why this notion is so hilarious. It pretends like when spending cuts are made, the first thing to get the axe isn't Education, especially higher-level education.

Like there's all these governors out there going "Oh man! If it wasn't for Obamacare, we were totally going to increase spending for state colleges this year to lower everyone's tuition! Thanks for nothing!"
 
2012-08-23 10:38:46 AM

consider this: How about somebody show proof that Obamacare isn't going to do any harm?



You're cute.
 
2012-08-23 10:42:16 AM

Cletus C.: Trying to talk intelligently about the Affordable Care Act has already cost me my reputation as a thoughtful, intelligent person.

So yes, Obamacare's victims are legion.


i0.kym-cdn.com

i2.kym-cdn.com
 
2012-08-23 10:47:59 AM

dittybopper: Except that the two biggest expenses in state budgets happens to be Medicaid, and Education (including state aid to elementary school, middle, and high schools, along with state colleges and universities).

Sure, it'll also probably mean those potholes will take longer to get filled, but that's not necessarily as big of a shock to a parent who's looking at a $2,000 a year combined tuition/room/board hike.


This.

Having said that, higher education is already kind of a f*cking disaster. The majority of college degrees don't prepare students for modern jobs and most professors in STEM-related degrees are overworked and have no interest in building the next generation of bright talent. (They do however have a massive disdain for teaching undergrads and they like to underpay their TAs.)

Even with this, college costs are already going up much faster than inflation, and Medicare is not the sole reason. We still talk about how college graduates make more in a lifetime than non-college graduates. But it seems lately colleges would like to absorb as much of that 'profit' as they possibly can. At some point some people are going to figure out that simply giving a young kid 100-200K to start a business is substantively better than that kid or parent going into debt over a four year period. And a good math and science education can be gotten on Khan Academy.
 
2012-08-23 10:53:33 AM
Think the Mets are bad now? Wait until ObamaCare kicks in.
 
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