the. not when it is sucked up by the school district itself and so until we shine a light on return on investment for these expenditures i think we will continue to live in a world where we spend more money per kid but don t get the results. talk about student voucher tell us how you change your thinking on this interesting topic. this topic gets people really riled up if you want to have the debate just bring up the word voucher. i am a democrat and have spent my entire life when i asked my dad the difference he said democrats care more about the people that have less than republican make more money and i said i made democrat and i have been ever since. so when i got to washington d.c. i had clear views about what education reform should look like right to allied with the vouchers because the democrats think they are bad because you take the money away from the pork that needed them or let the core that need it the most but when i arrived in washington there is a pub
it s a financial calculation. the one thing we talked about in the book and i don t know how it is for many people but the founder of paypal scholarships he recruits the top students in the country like harvard doesn t he pays them to work with him and the other students. they get paid to go. they make a deal where teal and the company get a percentage of what these young people make as a result of this experience. it s investing in human capital and it s an interesting idea. one and it do to david wants me to tell quickly, after graduate school i went to law school harbor golf school. i lived in the dorm and it became known as the college proctor which is kind of funny. people were disaffected and wanting to leave college and i told them they were probably better off to stay. one of my freshman graduated in medical school and became a proctor. he one of them was a entrench a tent and couldn t talk him into staying said john asked me to talk to this young man bill gates. i ta
the benefit of agriculture and mechanic arts. be it enacted their big round to the several about of public land for support and maintenance of at least one college where the leading object should be to teach such ranges are learning as are related to agriculture and mechanic arts in our to promote the liberal and practical education of industrial classes and of the several pursuits and professions of life. seems to me that they knew exactly what they were about. in 1862. that may be less true for us today. we ve gone from a society where about one 40th of young people went to college a century ago, to about two-thirds are pursuing some form of education after high school. and this obviously changes everything in the economics of higher education. and seems to have produced as today s book suggests a debt-financed glut of ba holders. many of us, like bill and david did, have noticed the parallels to our recent when it comes to higher education finance. debt financing is espe
i like to say there s always a bull market somewhere, and i promise to try to find it just for you right here on mad money. i m jim cramer, and i will see you next time. good evening, everyone. i m larry kudlow. this is the kudlow report. we are going to sizzle with some sequester scare tactics tonight. it s all a lot of bunk. first they told us budget cuts would hurt the recovery. then they told us they would compromise border security. now attorney general eric holder urns warns we could see crime running rampant in the streets. and finally, nancy pelosi says these budget cuts are like a childish tantrum. it s frivolous. it s irresponsible. it s immature. and it is not in the interest of growing the economy of our country. okay. fine. but you know what? it doesn t really matter what they say because the sequester is going through in two weeks. trust me on that. and we have crunched the numbers, and the sequester only cuts 1.2% of the spending for the whole year. t
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