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Student College Loans – Evil or Not? Part 1/5

This morning before I started work on the final draft of this series of posts, I saw that the media painted grandparents as victims of evil student debt.

AnnaMaria Andriotis writing for the Wall Street Journal’s Smart Money said, “Tens of thousands of retirees have fallen behind on student loans—and the feds are coming after their Social Security benefits.”

I’m sure that many reading this will disagree with me but in my opinion, if grandpa signed for the loan and the payments come from Social Security, too bad. I do not care what the reason was for the loan. In most of these cases, parents/grandparents cosigned for the student loan of a child or grandchild in college. I have a sister-in-law that co-signed for $60,000 in student loans for her oldest son so he could attend Stanford (he spent some of this borrowed money on a trip to Europe).

If that had been my son, he would have started at a community college for the first two years and then transfered to a state college to earn his BA, and because I am a former US Marine and Vietnam veteran, the tuition would have been zero in California—one of the benefits of putting your life-on-the-line for your country.

If common sense were involved and the grandparent/parent wasn’t sure the child was making smart choices in college, what happened to the word “NO, I won’t sign! Get a job!”?

And then kick them out of the house or cut them off without a dime.

My parents grew up during the Great Depression and when I graduated from high school, I was told, go to college or pay rent, so I made a third choice and joined the US Marines and went straight to Vietnam after boot camp.

Maybe student loans are debt slavery (aren’t all loans a form of debt slavery?), but the grandparents/parents signed away their financial freedom and the law says it was legal.

Dragging grandparents into this debate is another example of the recent media hate binge against college education and student loans. From what I have read and heard and then discovered on my own, this has been mostly one sided—in short, propaganda but for what purpose?

Do not believe what you are reading/hearing from the media and in Blogs.  This issue is complicated and not easy to explain, but there are other numbers that tell a different story.

For example, in 1972, the population of the United States was almost 212 million. Today it is more than 310 million—an increase of 46%.

On August 2, 2012, there were 17.5 million students attending US colleges and Universities (private and public).

However, in 1973, there were 6.8 million students attending college (private and public)—an increase of 257%  since 1973. In addition, in 2009-10, 270,666 of those college students were military veterans attending college on a GI Bill (anyone may join the military and take advantage of whatever GI Bill is available for education).

Continued August 15, 2012 in Student College Loans – Evil or Not? Part 2

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Lloyd Lofthouse is the award-winning author of The Concubine Saga.

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Lloyd Lofthouse's avatarLloyd's Anything Blog

Even though I taught seventh to tenth grade English in the public schools (1978 – 2005) and was the advisor/teacher of an internationally recognized, award-winning, high-school journalism program, I am not a perfectionist (an ARG) when it comes to editing. I do my best as an imperfect mortal with dyslexia.

My students did well (above average) on standardized tests. I taught the basic rules of punctuation, the differences between a simple, compound and complex sentence, and how to write a basic essay in addition to an introduction to the parts of speech. The textbook I used was Warriner’s English Grammar and Composition (I have two editions on my resource shelf) with almost 600 pages filled with the complexity of the English language.

The literacy level of my high school students—in the same class—ranged from second grade and up.

However, most of my time as a public school teacher…

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Posted by on August 11, 2012 in Uncategorized

 

Lloyd Lofthouse's avatarLloyd's Anything Blog

Even though my editing process did not discover every mistake, my manuscripts were clean enough to be awarded the Editor’s ChoiceAward (4% of books published by iUniverse earned this award); the Publisher’s Choice Award (1%), and the highest score for grammar from two Writer’s Digest judges.

In addition, both of my first novels were reviewed by the Midwest Book Review that has a policy to reject books that do not measure up to industry standards.

Although my novels will not earn praise from most ARGs, editing the work myself, I saved thousands of dollars because I did not hire a freelance editor. In fact, if you read The Business of Editing: Killing Me Softly by Rich Adin, you would have discovered that hiring a freelance editor is not a guarantee that your work will be edited to the level of perfection demanded by most ARGs.

Instead, my first two novels…

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Posted by on August 10, 2012 in Uncategorized

 

Lloyd Lofthouse's avatarLloyd's Anything Blog

The ideal audience for all authors is made up mostly of avid readers.

The National Assessment of Adult Literacy in the US (1992 – 2003) says 13% or 28 million adult Americans are proficient (can perform complex and challenging literacy activities) at the quantitative literacy level while 95 million are intermediate (can perform moderately challenging literacy activates), 63 million basic (can perform simple and everyday literacy activates) and 30 million are below basic (no more than the most simple and concrete literacy skills).

My literacy level is proficient but not perfect when it comes to editing. In other words, I am not an ARG.

Of the 123 million adult Americans that read at basic or above, few are experts at editing but many read books. A high literacy level does not equal a high editing level. It just means you have a…

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Posted by on August 9, 2012 in Uncategorized

 

According to a recent survey, 200 million Americans believe he or she has a book/novel in them and want to write it. In 2011, more than three million of them did and they self-published that work. If you are one of those Americans, you may want to read this series of posts about the importance of writing skills such as grammar, mechanics and spelling. Did you pay attention to your English teachers while you were attending public/private schools? Did you do the homework? Did you ask question? Did you read books almost every day and night?

Lloyd Lofthouse's avatarLloyd's Anything Blog

There are different levels of copyediting. Some work may need only a light touch while other manuscripts require heavy editing and the price is flexible. To learn more, I suggest you visit Editors Forum.org.

The Editors Forum says, “A freelance copyeditor corrects errors, queries the author about conflicting statements, requests advice when the means of resolving a problem is unclear, and prepares a style sheet.”

Writer’s Digest, a magazine established in 1920, says, “Smart full-time freelance writers and editors annually gross $35,000 and up—sometimes into the $150,000-200,000 range.”

For trade copy editing of books, Writer’s Digest says that the high hourly rate is $100 and the low is $16 with the average $46. If charging a page rate, the high is $20 a page and the low is $3.75 with $8 the average.

Remember—the editing rate is flexible but the final cost may be determined by the complexity…

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Posted by on August 8, 2012 in Uncategorized

 

According to a recent survey, 200 million Americans believe he or she has a book/novel in them and want to write it. In 2011, more than three million of them did and they self-published that work. If you are one of those Americans, you may want to read this series of posts about the importance of writing skills such as grammar, mechanics and spelling. Did you pay attention to your English teachers while you were attending public/private schools? Did you do the homework? Did you ask question? Did you read books almost every day and night?

Lloyd Lofthouse's avatarLloyd's Anything Blog

Forget about the anal-retentive grammarian (ARG) with a photographic memory and instant recall that has memorized all 532 pages in the fourth course of Warriner’s English Grammar and Composition textbook.

This ARG perfectionist may write a cryptic, critical one-star review on Amazon blasting an author for having only a few mistakes in his novel, but that is not important as you will discover.

Instead, as independent, self published authors we must ignore the ARGs and focus on the avid reader who is often forgiving of the occasional bump/mistake. For these readers, the story—plot, characterization, theme, conflicts and power of writing—is more important.

However, if the avid reader is distracted by too many mistakes, do not expect this audience to be forgiving. In fact, do not expect an avid reader to finish the novel or recommend it to friends.

I’m a gambler and at this point I am betting…

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Posted by on August 8, 2012 in Uncategorized

 

According to a recent survey, 200 million Americans believe he or she has a book/novel in them and want to write it. In 2011, more than three million of them did and they self-published that work.
If you are one of those Americans, you may want to read this series of posts about the importance of writing skills such as grammar, mechanics and spelling. Did you pay attention to your English teachers while you were attending public/private schools? Did you do the homework? Did you ask question? Did you read books almost every day and night?

Lloyd Lofthouse's avatarLloyd's Anything Blog

Authors have one challenge most artists outside of writing do not have.

Most artists, such as painters, do not need to worry about developing skills in the logical, analytical, fact-based side of the brain. Instead these artists work almost exclusively out of the holistic, feelings based, emotional side of the brain where the imagination and creativity blossom.

Unfortunately, for authors, the craft of writing requires using both sides of the brain with an emphasis on the left side of the brain’s organized, analytical, fact-based logic where editing skills hide.

Writing the rough draft of a book length manuscript is the easy part of an author’s work and mostly this work takes place in the right side of the brain.

For editing and revisions, authors must switch gears to the left side of the brain where these skills work. If those skills have not been developed, the author—as an artist—is crippled.

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Posted by on August 6, 2012 in Uncategorized

 

Looking at the public education system in the United States from the outside and making lots of sense.

 
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Posted by on July 28, 2012 in Uncategorized

 

What is the Matter with Parents these Days? – Part 4/4

Kids are immature, lack knowledge and a sense of reality—at least those American children that are sheltered from the harsh realities of life and competition.

Therefore, many childish dreams are totally unrealistic, such as becoming President of the United States. My wife and me know a family where the oldest son, now a graduate student at Stanford University, dreams of becoming the governor of California one day, yet he hasn’t joined a political party yet.

Anyway, for children dreaming of becoming President of the United States, the odds are almost impossible. After all, there is only one position for that job and since April 30, 1789, when George Washington took the oath of office as the first President of the United States, there have only been forty-four presidents counting President Obama.

Then there is the requirement that one be at least 35 years of age to qualify.  With 310 million Americans and two major political parties, competing to become the President of the United States is a long shot with a tough road to follow.

How about professional sports (another popular dream job)? Over the years, while I was still teaching, many of my high school students, mostly boys, told me that it was a waste of time for them to study because they were going to be pro athletes and did not need an education.

However, according to the Bureau of Labor Statistics (BLS), there are only 16,500 jobs in competitive sports and the median pay is $43,740.  Most professional athletes do not earn tens of millions of dollars. Only a few earn that kind of money, but those few are all we hear about in the media. From 2010 – 2020, only 3,600 new positions will open up in pro sports or 360 a year (on average). The competition to land one of these positions in pro sports is fierce but not as fierce as President of the US.

How many plumbers are there in the United States? According to the BLS, in 2010, there were 419,000 plumbers, pipefitters and steamfitters working in the US with medium annual pay of $46,660 per year. Plumbers, pipefitters, and steamfitters install and repair pipes that carry water, steam, air, or other liquids or gases to and in businesses, homes, and factories.

Using the BLS Website, we may quickly discover that the number of jobs held by accountants in 2010 was 1,216,900 and there would be 190,700 new jobs coming available between 2010-20 or about 19,000 a year, while the average medium pay for actors (another popular dream job) is $17.44 per hour with new openings numbering 260 per year (on average)—a ratio of 73 accountants to each actor.

I read once that about 40,000 aspiring actors flood into Hollywood each year to compete for those 260 potential positions that pay $17.44 per hour (on average).

Another popular dream job, mostly for girls, is to become a fashion model. According to the BLS, the annual medium pay in 2010 was $32,920 with about 200 openings per year (on average). On the other hand , median pay for barbers, hairdressers and cosmetologists (beauticians) is $22,500 per year and there are 10,000 new positions opening annually (on average)—a ratio of 50 barbers or hairdressers for each fashion model.

My son, who is currently in his thirties, refused to have a backup plan. Last I heard he was a waiter/bartender. The median pay for waiters/bartenders is $18,130/18,680 annually. He wanted to be an actor/singer.

I was a public school teacher for thirty years and the median pay in 2010 was $53,230. In 2004-2005, my last year in the classroom, I earned more than $80,000. There are 3,380,000 teachers working in the US public schools. Teaching was my back up plan. My dream was to become an author and there are about 145,900 working writers and authors in the United States and the median pay in 2010 was $55,420—a ratio of 23 teachers for each writer/author.

The odds favored teaching.

Just because you can dream, that does not guarantee that the dream will come true. I never gave up on my dream and after I retired from teaching in 2005, my dream became reality in 2008 with the first of three novels of “The Concubine Saga”. My dream was born in 1968 and became reality in 2008—it took forty years.

I’m glad I had a backup plan.

However, I can still hear the average American parent telling his or her child how proud they are that he or she is going to be President of the United States or a famous pro athlete, or actor, or fashion model one day, and then the TV is turned on to watch a popular reality show such as American Idol where the odds of winning are sixty-thousand to one but no one tells us that.

Return to What is the Matter with Parents these Days? – Part 3 or start with Part 1

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What is the Matter with Parents these Days? – Part 3/4

Yes, my wife and me felt it was more important that our daughter be happier as an adult than during her childhood, which is why we left the TV off, no video games, no social networking (at least until her second year in high school), limited the number of school dances she attended, no mobile phone for personal use and focused on her reading books, doing homework, learning ballet, piano, how to change a flat tire, install a toilet, change a lock, install drywall, tile a floor, etc.

And last but not least, we never bought or drank any brand of soda. There was water and then there was water (sometimes there was fruit juice such as apple or orange juice).

Needless to say, many of our daughter’s peers in middle and high school felt sorry for her, because she wasn’t having as much fun as they were. However, our daughter graduated from high school with a 4.65 GPA and was accepted to Stanford University (the only student from her high school that year) where she is starting her third year majoring in biology with goals to pursue a medical degree.

Contrary to popular opinion, she’s happy and loves to dance and play the piano and enjoys reading books. She has a boyfriend at Stanford she loves too and the two share many similar interests. She might want to be happy every waking moment and have loads of fun but she learned as a child that there is a difference between work, happiness, entertainment, bring bored and depression.

To achieve a better chance at adult happiness, her mother and me had to say no to many things leading to boring hours doing homework and studying in addition to reading books to fill the empty hours.

After all, according to the law in California (it varies by state ranging from age 14 to 18), one is a child until his or her eighteenth birthday. Then the child becomes an adult with a life expectancy of at least 84.9 years (on average) if he or she has a college education and earns an above average income. You see, education and income has a significant impact on health and a higher life expectancy and the average college graduate earns much more than a high-school dropout or high-school graduate.

Science Daily reported, “New findings from Harvard Medical School and Harvard University demonstrate that individuals with more than 12 years of education have significantly longer life expectancy than those who never went beyond high school. … Overall in the groups studied, as of 2000, better educated at age 25 could expect to live to age 82; for less educated, 75.”

In addition, The Economic Policy Institute discovered “While life expectancy has grown across the United States between 1980 and 2000, the degree to which people live longer has become increasingly connected to their socio-economic status.” The average life expectancy of the least well-off in 2000 was 74.7 years while it was 79.2 years for those that were most well off—meaning they had more money and usually a better education.

However, if left up to most children in the average family that does not live in poverty, happiness means not exercising, eating lots of sugary foods swallowed with gallons of sugary sodas, watching TV, listening to music, social networking, playing video games, hanging out with friends after school and on weekends, sending daily text messages by the dozens—and according to surveys and studies that is what the average child in America is doing ten hours a day.

Where are the parents?

Then there is this thing about parents blindly encouraging kids to follow their dreams without a realistic backup plan.

Continued on July 26, 2012 in What is the Matter with Parents these Days? – Part 4 or return to Part 2

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Lloyd Lofthouse is the award-winning author of The Concubine Saga.

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