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Falling lottery sales pinch college scholarships

Topic closed. 18 replies. Last post 9 months ago by OneTrickpony.

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Tialuvslotto's avatar - Jailin
Texas
United States
Member #150797
December 31, 2013
815 Posts
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Posted: March 6, 2016, 7:33 am - IP Logged

Schlorships are merely masking or trying to mask the 800 pound gorilla in the room. Fallig lottery revenue isn't th problem.The run away cost of college tution is the real problem. Why does college tution come with suh  an astronomical cost when it never use to be this way? Why does college tution contiues to rise? etc There has been many stories on how college education has become a big scam. As wages continue to fall and the cost of tution continues to rise, that is not good at all.

You got it, Goteki!Hurray! 

That was exactly my reaction when I read the article.

"There is no such thing as luck; only adequate or inadequate preparation to cope with a statistical universe."

~Robert A. Heinlein

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    Maryland
    United States
    Member #162434
    January 2, 2015
    887 Posts
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    Posted: March 6, 2016, 8:42 am - IP Logged

    Schlorships are merely masking or trying to mask the 800 pound gorilla in the room. Fallig lottery revenue isn't th problem.The run away cost of college tution is the real problem. Why does college tution come with suh  an astronomical cost when it never use to be this way? Why does college tution contiues to rise? etc There has been many stories on how college education has become a big scam. As wages continue to fall and the cost of tution continues to rise, that is not good at all.

    I Agree!

    Maybe, just maybe... the schools will start to see that the high cost of tuition is the problem.  Wonder if we will see schools start competing for good students by LOWERING the cost? Market forces at work!

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      New Member
      new providence (nassau
      Bahamas
      Member #173522
      March 6, 2016
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      Posted: March 6, 2016, 2:07 pm - IP Logged

      Are they truly serious with this..............now that the amount quoted that is allocated to education is almost $300 billion, everyone is opting to maintain their already huge inflated salaries at the expense off  student education, and blame it on declining lottery ticket sales.....OMG.

      Why is it so ironic that most government official and people in high office world wide (seemingly) are so hell bent on getting ahead even if it means riding on the backs of the poor and persons who can least afford it ?Shocked

        OneTrickpony's avatar - thought

        United States
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        July 25, 2015
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        Posted: March 7, 2016, 10:38 am - IP Logged

        I agree gibbybah640.  They would rather cut the scholarship money available than their salaries and bonuses. 

        I think that maintaining a 2.5 GPA should have been a criteria for scholarships from the very beginning.  If the lottery scholarships were awarded after all other options were exhausted, and you worked that hard to get into college, maintaining a "C" average shouldn't be too difficult. 

        I've never seen a college or universities' "books" (pardon the pun), but it seems like the outrageous cost of a college education is pure greed.  Education, Insurance and the Medical costs are out of control and squeezing the middle-class to the breaking point.  When Big Business took over these entities, the bottom-line and their fat bonuses are all they care about. 

        Maybe the Lottery Commission should have realized that raising a ticket price to $2 and then making the odds WORSE, wasn't such a good idea in a economic downturn, huh?  Most people are not going to spend $10 on lottery tickets for a whisper of a chance to win anything, when they need that $10 to feed their kids or put gas in their car.