Are schools responsible for the forclosure rush?

Question

Are school one of the major reasons for the foreclosure rise in the county?

In your answer discuss

Higer property taxes caused by

Rising salaries of teachers

rising cost of useless services (sensativity training)

useless training of teachers

increased security at schools

encouraging everyone to go to college (for personal gain of principal and guidance counselors at the expense of students) therefore taking money out of the economy

Colleges

tuition raisign at 2 times the rate of inflation for the last 30 years

not providing low cost loans to students

lying about job statistics

outrageous costs to sent professors to "conferences" in hawaii

millions spent on sensativity programs and patrionage programs

TEACHERS AND SCHOOL ADMINISTRATORS THIS IS YOUR FAULT

Answer 1

People who couldn't afford to pay for a mortgage to buy a house, but wanted a house anyway, decided to get a variable rate mortgage (which allows the rate to change whenever ). When the rates changed (which was part of the deal) these people coudn't pay banks anymore and then had to sell /foreclose their homes.  Because the people couldn't pay the banks, banks lost money and had to close. It has NOTHING to do with teachers.    

Answer 2

I went to school for five years to become a licensed teacher and  make 34k a year and my salary caused the foreclosure rush?

And it took five years because of course sequence and I needed 150+ credit hours not because I was taking my time.

Answer 3

Much as I dislike school, the foreclosure crisis has to do with the greed of individual people, not any particular group.  When people buy more house than they can afford, and sign up for risky loans, they are asking for trouble.

Answer 4

Sure it is.  A quick look through your question history is quite revealing.  You seem to hate women and g*y people, which is at least a little bit funny when you think about it.  You really seem to hate anyone with a brown skin tone.  You openly admire certain traits of Hitler in one question.  You think George Bush is socially liberal.  You want English to be the official language of the country even though you seem to barely speak the language yourself.  You seem to get all of your information from Fox News and conspiracy theory blogs.  

Teachers salaries are not rising by much if at all.  Principals and guidance counselors don't gain anything financially based on the number of students who go on to college.  You'll find that most teachers will agree with you regarding the dubious value of inservice days and some of the training classes we took in teacher prep programs.

As to colleges, tuition is rising while professor salaries are stagnant and hiring freezes are in effect.  Tuition hikes have nothing to do with the salaries of the professors.  Many schools are not only offering low-cost loans, but full benefit grants as well.

The reason the housing bubble burst is that people wanted to get more house than they could afford.  I don't make a lot of money.  I know that, so I rent a small apartment while I save for a large down payment for a house.  During the housing bubble, people didn't do this.  They signed for long loans for obscene amounts with variable interest rates that looked great when the variable was very low.

Fast forward a couple of years, and the interest rates start to rise again.  All of a sudden, the mortgage payment is almost twice the amount, but the over-spender is still working the low paying job.  That is where the foreclosures are coming from.  If anything, the property taxes would have gone DOWN during this time period.  Property values were falling exponentially, which would have lowered the amount of property tax paid by the homeowner.

Bottom line is that you are a sad product of someone's brainwashing.  You have a lot of hate for women, teachers, and minorities of all shapes, shades and sizes.  It would behoove you to learn a little of the world before you retire to your cabin in the woods to write your manifesto.  You may find that you just might enjoy life a bit more when you get over the feeling that everyone who isn't sporting white skin and a p***s is out to get you.

Answer 5

Foreclosures are in direct correlation with inability to make ends meet or pay your bills based on an individual's overestimation of finances, lack of earning power, overspending, or a combination of events.  Schools do not have a bearing on foreclosures, no.  

Answer 6

Sorry, but you are paranoid.  This is completely crazy!  The foreclosure rise is due to the greed of mortgage lenders who made bad loans, and the greed of homebuyers taking out ARMs that they couldn't pay for if they went up.  The schools had nothing to do with it.

By the way, I've been a professor for almost 30 years.  The costs of providing education are not the same as that of overall inflation.  Thirty years ago most schools just had a single mainframe computer.  Now they have thousands of computers and the software licenses to go with it.  Then we bought books.  Now we subscribe to online services so that students can get the materials they need to do research.  Inflation would tell you how much the cost of a typewriter or a book would have gone up.  The problem is that society has changed and preparing students is a completely different enterprise than it used to be.

As for low-cost loans, every school I know of offer far more loans, grants, and scholarships to students than they used to.  

I don't know who lies about job statistics.  That used to happen when I was in school, but there are now enough checks on schools that I haven't seen it since.  I know if you are the one unemployed person in your class that you would be convinced that everyone is unemployed, but that just isn't true.  I've heard of a few students graduating this month who haven't yet found jobs, but the May graduates are all employed.  

As to conferences, most of them are in such exotic locations as Chicago and St. Louis.  In my field, anyway, I've never heard of one in Hawaii.  And the quotation marks are only valid if you think people at conferences should work more than a full day.  I've gone to dinner with colleagues at conference to discuss research, but if I want to see anything in the city I'm going to I have to go a day early or stay a day late, and the university doesn't pay for that, I do, out of my own pocket!

I don't know what sensativity programs and patrionage programs are, but apparently we don't have them.  Neither have any of the other schools at which I have worked.  

I have never worked in the schools, but if your information on them is as incorrect as that on colleges (and it appears to be - why would sending students to college take money out of the economy?), it just doesn't make any sense.