Ken Fortenberry wrote:

Well, here at Illinois exactly zero pay anything out of their
own pockets upon admission. Every single grad student in every
single lab (in engineering and the hard sciences) has both a
tuition waiver *AND* an assistantship of some sort that pays
them a pittance upon admission or they wouldn't be admitted.
Some elect to drop their assistantships after awhile if they
can afford the luxury of just taking classes but they are the
minority and they still have a tuition waiver.

I guarantee you that the US taxpayers are not paying for foreign grad
students at Stanford and MIT. What the idiots in Illinois are doing is
their own business.

--
Cut "to the chase" for my email address.

In article ,
lid says...
wrote:
lid says...
wrote:
says...
Why on earth should the US taxpayer pay for the post-graduate
education of foreign students ?

1- They don't. Foreign students pay out of state rates.

None of the grad students in engineering and the "hard sciences"
here at Illinois, foreign or domestic, *pay* anything at all.
They all have fellowships and subsidized "assistantships" that
actually pay *them* a small pittance.

"None" is a little too all enclusive. I've known plenty of grad
students not receiving the small pittance.

Well, here at Illinois exactly zero pay anything out of their
own pockets upon admission. Every single grad student in every
single lab (in engineering and the hard sciences) has both a
tuition waiver *AND* an assistantship of some sort that pays
them a pittance upon admission or they wouldn't be admitted.
Some elect to drop their assistantships after awhile if they
can afford the luxury of just taking classes but they are the
minority and they still have a tuition waiver.

While I can't directly call b#*$@#it on this statement, it runs counter
to every other grad school I know of. The only way to get a tuition
waiver is to be either a teaching or research assistant. According to
you, no grad student at Illinois is paying tuition.


Neglecting that: The work done for Tuition waiver + small pittance
is always a net win for the university.

You're absolutely correct, it is always a net win for Big U,
but it's almost entirely funded by the US taxpayer and I think
the US taxpayer would be better served by funding only American
grad students and making foreign grad students pay their own way.

I'd have to see concrete data that while this is a money win for the
university it somehow costs the US taxpayer.


Unless you want to be arguing
from the standpoint of university athletics net win, but
research/teaching assistantships net loss?

Oh, **** you #1. When has a bunch of computer geeks ever won
the Rose Bowl ? ;-)

When has it ever made a difference. Better to let a bunch of geeks NOT
win the Rose Bowl than pay a bunch of pretend students to play football
and basketball.

- Ken

George Cleveland wrote:

I like my withholding to be on the high side. We get about 2K back
from the feds. If I had the money put into a savings acount it would
probably earning a whopping $20 or so over the year. By getting the
money back in February I can cover the higher costs that go with
winter here in the Lower Great White North i.e. heating and property
taxes.


I know people with 3 kids and typical middle class expenses who go the
entire year with holding at single and zero just to get big refunds. In
the meantime charge card balances go up and maybe they have to use the
overdraft protection when things get tight, all of this adds up to fees
they would not have to pay if they adjusted the with holding. If
someone told you the power company was taking extra money each month
and they would pay you back once a year with no interest, I don't think
you would like it.

In your particular example the interest on a regular savings account
assuming 26 pay periods per year is a little under $20. But take it to
the next level. If you are giving the Uncle an interest free loan for
26 pay periods, that's a decent lunch with the missus if nothing else.
However if you adjusted withholding get that $76 into your mutual fund
with a 6% annual yield, after five years you would have $11,666, a 17%
return on your 10K, you would have saved enough to take that once in
alifetime trip to fish browns in New Zealand and hit up Alaska.

Just something to stew on.

Wolfgang wrote:

For many of us the difference between letting the feds hold it versus
a bank
is inconseqential. At 1.25% or so, the yield on $500 is small enough
that
even those of us with a connection to educational institutions can
afford to
be blas=E9. :)

who, nevertheless, balks at letting the *******s touch anything that
isn't=20
due them.

Except they get the 1.25% instead of you. :(

Wayne Knight wrote:

I know people with 3 kids and typical middle class expenses who go the
entire year with holding at single and zero just to get big refunds. In
the meantime charge card balances go up and maybe they have to use the
overdraft protection when things get tight, all of this adds up to fees
they would not have to pay if they adjusted the with holding.

Those are people who don't have the discipline to control their
spending, and they know it. That's why they lend money the US Treasury
interest-free -- as an enforced savings program. Then when they get the
refund they probably blow it on something they don't need because
they're suddenly flush. If they just had their bank transfer the money
into an IRA every pay period they'd do a lot better.

The best strategy is to owe as much of your taxes as possible on April
15, as long as you avoid penalties. Then you're getting a float from the
Treasury.

--
Cut "to the chase" for my email address.

"rw" wrote in message
hlink.net...

The typical foreign graduate student I knew when I was in grad school was
subsidized by either his government or his family or both.

Steve, things have changed considerably since the Civil War Era.

Mark

"Wolfgang" wrote in message
...

"David Snedeker" wrote in message
...

"Wolfgang" wrote in message
...

Wolfgang, all I really needed to cite was your demonstrated whininess,
and
the overwhelming weight of that by gender would alone tip the balance to
the
male population. You have all the displaced cynicism of one of those who
lives far too close to the 5% significant difference rule. Kissy Kissy

All you had to do was cite my demonstrated whininess.
Well......dang......that sure does sound like it means something. O.k.,
with your demonstrated expertise in teaching, it should be very simple for
you to explain, even to one with my limited capacity to comprehend,
exactly
what that means.


Dave
Who confesses he gets far too much fun from poking dis cheesehead
monkey.

Keep on enjoying! :)

Wolfgang


Hummmmmm. Lets see . . . no gill damage, hook out, swirl em around a bit
(cuts down the lactic acid Im told,), and off you go big fellow.

Not much of a fight in him and these old ones get pretty thin by the end of
the Winter, but, hey its fun and shows once again that sometimes a simple
old attractor pattern works after ice-out for the slow ones.

Recipe for the "Whiny Cheesehead" attractor pattern courtesy "Secret Hole.
Com," Wardrobe by Poke D. Monkey.

Dave

bearsbuddy wrote:
"rw" wrote in message
hlink.net...


The typical foreign graduate student I knew when I was in grad school was
subsidized by either his government or his family or both.


Steve, things have changed considerably since the Civil War Era.

Funny you should mention that. (History, I mean.) I'm reading a
fascinating book about the last years of the Roman Republic. It's title
is Rubicon by Tom Holland. The scary thing is that the parallels between
the Roman Republic and the present-day United States are chilling. Rome
in the century before Christ was a bloody, amoral, cutthroat political
circus, the only superpower on Earth, enraptured with foreign
adventures, cynicism, political hegemony, breath-taking greed and
corruption, and all-stops-out quests for personal glory. Like the US
today, the Romans failed to see themselves as they really were, and
truly believed that they were the most moral civilization in history,
that they only acted militarily in self defense, and that the bloody
trail they left across Europe and east Asia was to the benefit of the
people they conquered and enslaved.

--
Cut "to the chase" for my email address.

rw wrote:

east Asia

west Asia

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