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August 01, 2010, 12:52:27 AM

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87408 Posts in 5228 Topics by 1160 Members Latest Member: - juan tamad Most online today: 49 - most online ever: 104 (July 16, 2010, 08:57:23 PM)

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Author Topic: West Indies University Subsidy  (Read 12530 times)
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« Reply #15 on: July 09, 2008, 03:39:05 PM »

 Dah dah dah dah dah dah dah dah ...................great white shark my ass...............

Anyone know a blog/website that relates to anyting den dis crep? Smiley
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« Reply #16 on: July 09, 2008, 03:42:26 PM »

Guilden -  er, no. Can you respond to my suggestion?

I don't understand your unquestioned support of, what seems to me, to be a badly executed idea?
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« Reply #17 on: July 09, 2008, 03:42:45 PM »

Simple.  Every million dollars wasted by the government is the same as the cost to send 10 kids to a full four year degree.

The opportunity cost is absurd and I will be interested to see the actual cost per student of this scheme.
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« Reply #18 on: July 09, 2008, 03:44:35 PM »

"Well, in the U.S. and Canada, Bermudian students pay an international student fee. Where do you think this fee goes? It goes to subsidise students from the U.S. and Canada."

No.  It does not.

The international student fee is the full fee.  The money citizens pay for a state school or in Canada a university is already subsidized by themselves in the form of taxes they have paid, therefore they get a lower fee.

Citizens of the US and Canada pay taxes in those countries, international students did not.  international student fees are not a subsidy in any way.  It is simply paying the full freight as a non-taxpayer.

It is only right that international students do not get the benefit of tax dollars they didn't pay.
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« Reply #19 on: July 09, 2008, 03:47:16 PM »

Does anybody know how many Bermudian's presently attend UWI ? I don't know anybody who has recently gone there and I'm two years removed from high school. I can name 100 students who have gone to Halifax though!

Drew,

That is a valid question. I would also be curious as to how many Bermudian students are made aware of what UWI has to offer. It seems that for tertiary level education only the U.S., Canada and the U.K. are considered. UWI could very well be a viable alternative, especially because the tuition rates for contributing countries are low enough that even high performing students whose parents would otherwise not be able to meet the tuition costs can do so.
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« Reply #20 on: July 09, 2008, 03:50:00 PM »

Guilden -  er, no. Can you respond to my suggestion?

I don't understand your unquestioned support of, what seems to me, to be a badly executed idea?

It is not unquestioned support, I would rather find out the exact costs versus benefits of the opportunity before passing judgement. Anything wrong with that?
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"With your hand on a hot stove,fifteen seconds can seem like fifteen minutes. When you are with a pretty woman,fifteen minutes can seem like fifteen seconds. That's the theory of relativity." -- Albert Einstein
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« Reply #21 on: July 09, 2008, 03:59:29 PM »

No, nothing wrong with that.  I am doing the same thing... If it works out to more than 20k per student then we are getting screwed... We shall see.
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« Reply #22 on: July 09, 2008, 04:06:45 PM »

"Well, in the U.S. and Canada, Bermudian students pay an international student fee. Where do you think this fee goes? It goes to subsidise students from the U.S. and Canada."

No.  It does not.

The international student fee is the full fee.  The money citizens pay for a state school or in Canada a university is already subsidized by themselves in the form of taxes they have paid, therefore they get a lower fee.

Citizens of the US and Canada pay taxes in those countries, international students did not.  international student fees are not a subsidy in any way.  It is simply paying the full freight as a non-taxpayer.

It is only right that international students do not get the benefit of tax dollars they didn't pay.


International student fees generally go toward the operating expenses of the Canadian university as, if I remember correctly Canadian univieristies pay a significantly lower tax rate as education institutions. The schools would not be able to offer reduced rates to Canadian students if it were not for the sizable international student population paying international student fees, therefore, call it what you will it is still a subsidy.

Here is an interesting article with arguments from both sides

http://www.themanitoban.com/2002-2003/1120/news_7.shtml


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« Reply #23 on: July 09, 2008, 04:09:41 PM »

No, nothing wrong with that.  I am doing the same thing... If it works out to more than 20k per student then we are getting screwed... We shall see.

DeOnion,

Agreed, but I believe the tuition rates at UWI are lower than those in Canada so I doubt that it will be anywhere near $20k, however, as the contribution could be a fixed dollar amount the cost per student could be skewed based on the number of students.

I guess in time we will see.
 
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« Reply #24 on: July 09, 2008, 04:15:58 PM »

I'd bet 5:1 odds against us seeing any numbers on the number of students and cost if we get screwed on this deal as long as Brown/Horton are running things.
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« Reply #25 on: July 09, 2008, 04:20:15 PM »

 Guilden....your good. What some have failed to realise is the fact that since other 'pro PLP supporters' have  been hard to find lately, you have taken up the slack. It's quite obvious don't you think? Or is it just me?

You neither live in Bermuda nor represent a majority opinion. Mabe I am wrong with the last statement.

Where are the others that colude with you? Don't be so casual about it. Young and the Rastlass...........how much they pay you?
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« Reply #26 on: July 09, 2008, 04:26:05 PM »

I'd bet 5:1 odds against us seeing any numbers on the number of students and cost if we get screwed on this deal as long as Brown/Horton are running things.

DeOnion,

Based on the approval, or lack thereof, rating I saw recently, I do not think you are too far off base. It really is sad because I think Bermuda could have been so different if the PLP Administration offered the transparency of Government that it promised. I will be the first to admit that I am very much disappointed that Bermuda has not progressed both with racial unity, whcih really should be easy and transparency and accountability of Government, which also should be very easy to achieve.
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"With your hand on a hot stove,fifteen seconds can seem like fifteen minutes. When you are with a pretty woman,fifteen minutes can seem like fifteen seconds. That's the theory of relativity." -- Albert Einstein
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« Reply #27 on: July 09, 2008, 04:29:45 PM »

Guilden, that article does not support the idea that international students are subsidizing local students.  It's one side making a social argument that International Students are important to a campus (I agree) and should pay the same tuition while the other side makes the economic one that if they're not charged the unsubsidized fee the revenue will have to be made up somewhere else.

The simple fact is that taxpayers are subsidizing tuition for local students, not foreign students subsidizing local ones.  Charging everyone the same would mean that taxpayers are in fact subsidizing the education of non-taxpayer non-citizens.

If you remove the international student differential the schools will have to make that revenue up by either an increase to everyone's fees, or a tax increase.  There's no other conclusion.

But to suggest that international students subsidize locals is incorrect.
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« Reply #28 on: July 09, 2008, 04:29:56 PM »

 "Bermuda"...............please define. I think you mean PLP..............come on Guildy..................your an expat now...................who loves yah baby..................... Smiley
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« Reply #29 on: July 09, 2008, 04:56:11 PM »

 Guilden... whats your last sentence have to do with the subject? Really. We have discussed transparency for years.

I need to start doing the Bahama Mommy Gold..............Bitch when it hit's home..........

Um going beck to Limey................I can post all day ....and knowone cares Smiley
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