91–100 of 360 posts
I can't find the citation now but the biggest argument against college I've seen is that once you control for family income, life success is way more correlated to SAT scores/the college's you apply for than the ones you actually attend. This would imply that college success stats merely indicate that they are selective in who they choose to enroll. EDIT: Its not the one I'm looking for, but I found a good one. http:…
Wow. That, plus debt, is a huge hit.
The big item that analysis doesn't consider is the commonality of college education. "Between 2000 and 2018, the percentage of people 25 years and older who had completed a bachelor's degree or higher increased by 9 percentage points, from 25.6 percent to 35.0 percent." - Census Bureau[1]. That's for the entire population, so it lags changes for young people.
How did the St. Louis Fed miss that?
[1] https://www.census.gov/library/stories/2019/02/number-of-peo...
Earlier quoted context omitted.
I would argue averaging across all degrees is makes no sense. STEM degrees do pay off. Liberal arts degrees can pay if you want to boost a specific skill and have a solid plan for using it. E.g. getting an English degree to become a more persuasive speaker while promoting your otherwise sound and solidly executed startup. Aside from those 2 examples there are plenty of colleges with a business model of selling overpr…
Does STEM actually pay off, or does engineering/technology pay off? I've got a few friends who work in science, and it seems to be a pretty poorly paying field, with a real lack of job prospects, unless you secure a job at a government research department.
I try to use reliable data sets [0] to help understand because anecdotes are hard for me to make decisions. The data are almost always a few years old so they aren’t perfect and could miss a new trend. But it’s the best I know how to use.
[0] figure 4 shows stem 3rd highest after health and management https://www2.ed.gov/policy/highered/reg/hearulemaking/2011/c...
I can't find the citation now but the biggest argument against college I've seen is that once you control for family income, life success is way more correlated to SAT scores/the college's you apply for than the ones you actually attend. This would imply that college success stats merely indicate that they are selective in who they choose to enroll. EDIT: Its not the one I'm looking for, but I found a good one. http:…
Earlier quoted context omitted.
Right! I need actual work done. I understand it is $95 - to flush a toilet. But like, actual work, with tools, actually doing a job for 30 minutes. It is very expensive.
> My plumber wont show up for a 30 minute $300 job. You brought up a 30 minute job. So I shared what it costs for me for a 30 minute (or more) job. And that it’s easy to get someone to come quickly for such a job. I’m saying that if the problem can be solved in an hour, it’s $95. This is called a “service call.” Basically coming out and fixing what can be fixed without buying parts. Any extra labor would cost more. T…
Earlier quoted context omitted.
Does STEM actually pay off, or does engineering/technology pay off? I've got a few friends who work in science, and it seems to be a pretty poorly paying field, with a real lack of job prospects, unless you secure a job at a government research department.
I have friends with stem phds who aren’t making tons of money. But, I think in general, stem degrees pay well. I try to use reliable data sets [0] to help understand because anecdotes are hard for me to make decisions. The data are almost always a few years old so they aren’t perfect and could miss a new trend. But it’s the best I know how to use. [0] figure 4 shows stem 3rd highest after health and management https:…
Earlier quoted context omitted.
I would argue averaging across all degrees is makes no sense. STEM degrees do pay off. Liberal arts degrees can pay if you want to boost a specific skill and have a solid plan for using it. E.g. getting an English degree to become a more persuasive speaker while promoting your otherwise sound and solidly executed startup. Aside from those 2 examples there are plenty of colleges with a business model of selling overpr…
Does STEM actually pay off, or does engineering/technology pay off? I've got a few friends who work in science, and it seems to be a pretty poorly paying field, with a real lack of job prospects, unless you secure a job at a government research department.
Earlier quoted context omitted.
> My plumber wont show up for a 30 minute $300 job. You brought up a 30 minute job. So I shared what it costs for me for a 30 minute (or more) job. And that it’s easy to get someone to come quickly for such a job. I’m saying that if the problem can be solved in an hour, it’s $95. This is called a “service call.” Basically coming out and fixing what can be fixed without buying parts. Any extra labor would cost more. T…
You are right. I can't get home depot to throw something off the truck for less than $200 broken. (And deny it showed up). So, where you are, where you live, I envy it. I imagine a world of nice plumbers and helper people. Canada????