[adrotate group=”1″] 🏀 🏈 Here is a comparison between the non-scholarship major college student and the high profile student full ride scholarship in one of the top five athletic conferences: Aspect Non-scholarship student Full-ride scholarship student Tuition Has to pay for tuition, which can range from $10,000 to $50,000 per year depending on the school. Does not have to pay for tuition, which is covered by the scholarship. Housing Has to pay for housing, which can cost around $10,000 per year on average. Does not have to pay for housing, which is covered by the scholarship. Books and other expenses Has to pay for books and other expenses, which can add up to $1,000 to $2,000 per year. Does not have to pay for books and other expenses, which are covered by the scholarship. Financial aid May qualify for financial aid, such as grants, loans, or work-study, depending on their financial need and academic performance. May not qualify for financial aid, as the scholarship already covers their full cost of attendance. Academic requirements Has to meet the academic requirements of their major, which may vary depending on the field of study and the school. Has to meet the academic requirements of their scholarship, which may be higher than the minimum standards of the school. Athletic requirements Does not have to participate in any varsity sports, unless they choose to do so as a walk-on Has to participate in a varsity sport, and maintain a high level of performance and commitment Career prospects Has to compete with other graduates for jobs or further education, and may have to deal with student debt Has an advantage in terms of networking, exposure, and recognition, and does not have to worry about student debt By comparison of expenses the Athlete is getting between $22,000-$72,000 a year for playing a sport. (Not all athletes, mostly just Basketball and Football players). Over a 4 year career that totals to $88,000-$288,000. AND no STUDENT DEBT. Not a bad deal. However now they make Thousands on NIL. Some could finish their 4 years as MILLIONAIRES. CONCLUSION: If I had the chance to play a sport I love, get a college degree, and have NO expenses, other than the small things every body has, like dating expenses, an occasional night out. etc. etc. AND NO STUDENT DEBT. I would be happy as a lark. It is reported that Iowas Caitlin Clark has an NIL value of $818,000. Not picking on Ms Clark; she is the one that came up first. What I read is this is more than 120+ NBA players get. 🏈 🏀 Views: 148
Tag: Loans
Social Security Shortage
The GOVERNMENT keeps harping on the fact the Social Security Fund is running out of money. Why? Because we have more people drawing Social Security. Well that is a partial truth. This is what I have learned. 1. There is no Social Security Fund. The money collected for Social Security actually goes into the General Fund. 2. We have more people drawing upon our Social Security that have never paid into Social Security. These are the two big drains. The way I have been informed is the Government makes “LOANS” from the General Fund. That is to say MONEY is taken out but rarely if ever is paid back. I surmise that if pressed to do so, our Government could not even account for all the money taken from the General Fund, which was intended to be Social Security Funds. The money has been so intermingled, ‘LOANS’ to other agencies, not actually accredited as coming from collected Social Security monies. Poor Bookkeeping???? Our Legislators spend this money with only an IOU then rely on taxpayers to pay off the IOU. It is a vicious circle Whether the Government will admit it or not there are many Illegal Aliens, and probably others that collect but do not contribute. Is there an answer? YES! Our Government needs to track all of these “LOANS” and have the agencies, or whoever borrowed the money pay it back with INTEREST. Track down the non-contributing recipients, collect the money, with INTEREST . Will this ever happen. NOT LIKELY, That would probably make too much sense. The way our Government operates they would probably spend more money researching, diagnosing the research, discussing the diagnosis, and paying someone to pretend trying to collect the money, than would be recovered. Any way We The People will PAY. That Is How I See It. Views: 123
Bank Fees
It wasn’t enough the common people had to bail the banks out of their pending demise. Now they want the poorest people to pay them more money, by raising fees that will injure the poor and help the rich. What are you talking about? I just read an article that stated Chase bank wants to charge you for having a checking account unless you deposit $500.00 ( or meet certain other requirements). These other requirements were not mentioned. Now I know most of you who live in high cost of living states probably make enough to cover the $500.00. However most people do not, and being able to have $500.00 to put in a checking account is a luxury. In fact these people probably don’t leave their money in a checking account long enough to justify paying anything. Yes I know the bank doesn’t make money when it goes in and back out. But the bank does make money on SAVINGS accounts, loans, etc. Most people will get their auto or home loan from the bank they have a checking or savings account. If all of these people pull their checking accounts and go somewhere else without all of these fees, where does that leave Chase. I recall a time when people knew their local banker. I remember looking for a new truck. The local banker told me to get 20% off the sticker price write a check, let him know how much and it would be in my checking account. Imagine doing that with banks today. I also recall when that same bank was sold to a larger bank. I noticed I was paying more to them to maintain my savings account than I was earning interest. When I mentioned this to a lawyer friend of mine, he checked and found the same thing. Word spread, soon there was a big rush to move saving accounts to a smaller bank. Was it any wonder the checking accounts soon moved too. Along new loans etc. But alas, the big banks bought all the small banks, and the rest is history. They control the economy. The closest thing we have now to a small local bank is Credit Unions. If worse come to worse I guess we could just put all our money in PayPal, and pay our bills that way. What is the answer. The people will have to make that choice and stand behind their choice. (FOR A CHANGE). People I get tired of being pushed around by the Haves. That Is How I See It. Views: 83
