Kurt Lorey raises an excellent point. We shall shoot today, Saturday, June 30, at my office. That is at 1915 Broad Ripple Avenue a/k/a 62nd Street, at 11 a.m. The topic will be on student debt.
In 1972-73, the total cost—tuition, room-and-bard, and fees (not books because textbooks varied from outrageously high to extortionately high—for one year at one of the four residential, four-year degree State universities (Ball State, Indiana State, Indiana, and Purdue) was about $1,800-$1,900. That was my senior year of high school and I was considering where I wanted to attend. The most expensive school, as I recall from The College Handbook, in the country was Amherst at $5,700. Harvard was about $5,100. I went to DePauw and the first year was $4,000. When I attended, and graduated from, IU School of Law-Indianapolis, a credit hour was $65 first year and increased to $85 by the time of commencement in 1989.
Those numbers look almost quaint today.
Education is as much a part of a nation’s infrastructure as its highways, bridges and railroads. A child born in poverty in this country faces primary and secondary education provided by a system based, in large part, on the property tax—i.e., the schools will be able to provide resources consistent with the socioeconomic state of the community. Poorer communities have fewer resources for schools. If that child breaks through and graduates from high school, opportunities for further education are limited by finances. That now-high school graduate can join the military. There is no draft. We have made higher education for the poor dependent upon the young person going to Afghanistan and losing life or one or more limbs.
The debt for the kids of the middle-class can be staggering. It is not uncommon to hear of a person who has incurred $200,000, in debt to obtain undergrad and graduate degrees.
Like I said, we shoot at 11 a.m. Last week we attempted to live stream, but did not have a WiFi connection of sufficient capacity. For that I apologize. We would shoot for about two minutes and the feed would kick out. By the time we shot the last segment, everyone had turned off cell phones and laptops and the kick outs stopped. We would have gone back and pasted together the bits of the first two segments, but the conversation would have lacked continuity.
Next week we shall shoot a special: people will gather to show opposition to the smoking ban enacted in Indy and put into effect on June 1.