AOC, Boston Personalism, Boston University, Boston University school of theology, Dr. Martin Luther King, economics, M L King, Martin Luther King, Norman Vincent Peale, Ocasio-Cortez, private colleges, private universities, scholarship, School tuition, Social Gospel, student debts, student loans, theology, Trump, Tuition cost
The biggest reason that we don’t trust Ocasio-Cortez is that she chose to go to a University which costs over $50,000 per year for tuition alone, and then
1) pretends to care for the poor,
2) wants free tuition/complains about the cost of higher education/student loan debt,
3) claims to know about economics.
Our research indicates that the Intel scholarship, which she received for feeding antioxidants to worms at a science fair, is currently valued at slightly under $100,000.
While she graduated some time ago, the ratio of cost vs scholarship would likely be approximately the same.
There is no evidence that her scholarship was linked to her overpriced Alma Mater of Boston University.
If she had attended a cheaper public college/university, she would have no debt, and probably could have obtained at least a Masters, and perhaps a PhD for this amount of money.
Even if this scholarship was attached to the university, she didn’t have to take it.
I was offered a partial scholarship to a private college, but didn’t accept it, because I didn’t want debt. I didn’t want debt because my goal in life wasn’t to become rich, but to help people. Math isn’t my best subject but I can and could do basic math – even as a teen. It’s not so hard in this case. The cost per year of BU is around $50,000. $50,000 x 4 is $200,000. Then there is interest.
$200,000 minus a scholarship of $100,000 means that there is a debt of $100,000 without counting interest. This also doesn’t include books, fees or housing.
We wouldn’t trust her anywhere near monetary decisions – no sane person should. Despite her huge debt, she purchases $20 lipstick, which is frivolous in the context of her huge debt, but many American men love it so much that they overlook substance (aka their brains fall out). On her Facebook page she assembled new furniture, instead of buying from the Salvation Army or Goodwill, which would be more ecological and economical.
To put $100,000 in context:
Median income 2017 (half above and half below)
Asian males $48,842
Asian females $28,260
White males $41,578
White females $25,793
Black males $30,112
Black females $23,639
Asian-Indian households have the highest median income at (now well over) $100,000: https://www.pewresearch.org/fact-tank/2017/09/08/key-facts-about-asian-americans/
While we would support US government scholarships for talented American students to attend public universities, there is no sane reason that the United States should support these private universities.
Furthermore, tuition is close to free for poor students attending public colleges/universities already. It’s called Pell Grants.
A higher education is virtually worthless, too, if foreigners are allowed to come in on H1B visas (or in other ways) and take the few available jobs.
Additionally, claiming to care for poor Americans, while supporting mass immigration, shows that she has no grasp of basic economics.
More (immigrant) workers drive down wages, and drive up the price of housing, etc. That’s basic economics.
One has to wonder WTF they are passing off as economics these days at BU.
ML King was a sociologist (Morehouse) and a theologian (Crozer-Boston U) and he appears to have had a strong grasp of basic economics, even though his family was prosperous for the time and place. He was killed, however, before the hugely out-of-control mass immigration policy of the United States was started.
Boston University is no longer the Boston University of Martin Luther King’s time, either. And, Martin Luther King’s family was well-to-do, so cost probably wasn’t an issue. He probably was on some sort of theology scholarship, as well. Based on the information available, King went to BU with a nice new car, nice suits, and with the main job of finding an appropriate wife, so he could take over his father’s large Atlanta church. Furthermore, in the 1940s and 50s even poor theology students could afford to go to BU on a combination of scholarship, work-study (e.g. dish washing), and working spouse. Even this more “progressive” Boston University, that King attended, had Trump’s preacher, Norman Vincent Peale, as a student.
I believe that Ocasio-Cortez entered the US Congress as a stepping stone to CNN or MSNBC to pay off her student debt. She still has student debt: http://clerk.house.gov/public_disc/financial-pdfs/2018/10021221.pdf
Excerpted from last year’s post – mostly “as is”, without updating the stats: https://miningawareness.wordpress.com/2019/07/19/jamaican-american-sherie-murray-running-against-ocasio-cortez-why-we-dont-want-ocasio-cortez-near-monetary-decisions/