141–150 of 437 posts
Earlier quoted context omitted.
Student loan interest rates should be tied to the major. Engineering major? $0 down, 3.5% interest rate. Art History major? 25% down, 15% interest rate.
Why not just progressive taxation? Don't predicate the rate on a hypothetical earning... Base it on actual earnings.
The NYTimes republishes a variant of this articles almost every month https://www.google.com/search?q=site:nytimes.com+college+wor... The usual answer is "it depends"
Which is probably a good thing, since it will slowly beat into the minds of upper-levels at corps and recruiters that a College Degree shouldn't be the minimum bar applicants need to reach, and maybe some of these companies will start removing the "has degree" band reject filter.
It's simple, try and get the best education you can for as cheap as possible. I have not read the article, so forgive me if they state it there, but a large contributor to the problem of "must go to college" are employers. It's amazing to me that software is the only industry that accepts people for what they can do and have done whereas other industries require explicit requirements. Yes, training can be expensive,…
Every modern society needs it's signaling mechanic, otherwise it becomes virtually impossible for people to want to take risks, eliminating all ladder access for the underprivileged. Signals only work if they're hard to fake. The expense of a college degree in both time and dollars perversely increases its utility as a signal. Of course, the price of a degree can only go so high before before people are unwilling to…
Instead of cost being the authenticator of the signal academic performance \ intelligence could be like it is in some european countries wherw college is low cost but admitance is based on high school performance.
The NYTimes republishes a variant of this articles almost every month https://www.google.com/search?q=site:nytimes.com+college+wor... The usual answer is "it depends"
To what extent is it still news. It's not just this topic, it's a whole range of subjects. e.g. the same articles are written and rewritten on housing all the time. And the notion I get sent an article by a friend, see it on FB, twitter, a debate, the paper itself and the half dozen that will cover it by referring to the article in an opinion piece, doesn't help. I'm finding it increasingly more difficult to get mean…
I do think they should do more to differentiate between news and opinion pieces.
Earlier quoted context omitted.
Most people blog to have a blog and don't realize their insights aren't useful. So you're advice is not useful since telling dumb people not to do dumb things is a waste of time, they're too dumb to know what they're doing is a waste of time or doesn't have any useful insights. Sorry to have to be the one to tell you this, you being so smart and all.
Do they think they are being useful? From twitter posts, it seems like they know their crap is the same as everyone else, but they want the Adsense money. Idk, twitter Personal Finance is a cesspool of shitty adsense/amazon affiliate filled blogs.
> twitter Personal Finance is a cesspool of shitty adsense/amazon affiliate filled blogs
Why are you reading it then?
The NYTimes republishes a variant of this articles almost every month https://www.google.com/search?q=site:nytimes.com+college+wor... The usual answer is "it depends"
Every modern society needs it's signaling mechanic, otherwise it becomes virtually impossible for people to want to take risks, eliminating all ladder access for the underprivileged. Signals only work if they're hard to fake. The expense of a college degree in both time and dollars perversely increases its utility as a signal. Of course, the price of a degree can only go so high before before people are unwilling to…
Instead of cost being the authenticator of the signal academic performance \ intelligence could be like it is in some european countries wherw college is low cost but admitance is based on high school performance.
Earlier quoted context omitted.
Employers are generally looking for a proxy for iq, since testing iq directly has potential legal problems. SAT, ASVAB, grades, degree attainment are often just proxies for iq. I think if Congress passes a law explicitly allowing iq tests for all job applications we'll see many of these seemingly irrational job requirements fade away.
This isn't true at all. IQ is much less important than work ethic and attitude at many/most jobs.
Earlier quoted context omitted.
The tax increases you would need to sustain a system like that would be absolutely devastating. Also, college degrees would mean a lot less if they're free- devaluing them for people who actually paid for them
Our current Student Loan Debts ARE absolutely devastating. If you knew that an applicant had a Full Ride Merit Scholarship to a good degree program, it would "mean less" to you? Can you explain that a little bit better?
Graduate: Say age 22. You have ~20 years to make most of what you're going to make.
I'm not saying it's impossible to work after 40, not at all. I'm just trying to tell anyone who will listen that is is harder and even with full employment in tech, it is still hard to make the kinds of moves I made in my 30s, reinvent myself, and generally do the cool things I want to do.