Earlier quoted context omitted.
I’m still waiting for someone to explain to me how 15K+ in tuition a year is acceptable. No sympathy here for the college industry.
Gotta pay for those basketball and football programs somehow. (Yes, SOME athletics programs are net positive - most are not)
Colleges at the breaking point, forcing ‘hard choices’ about education
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Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#22Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#23College isn't as appealing as it once was. In order to participate in the economy, we need a well-paying job. We're told to get a well-paying job, we need a good degree. To get a good degree, many of us have to go into debt. We finish college with a good degree but are saddled with thousands of dollars of debt (sometimes tens of thousands). And this college debt doesn't go away if we go bankrupt. It will always follo…
You are still way better off with college than without. It’s not as good a deal as it used to be but it’s still the best deal available.
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#24College isn't as appealing as it once was. In order to participate in the economy, we need a well-paying job. We're told to get a well-paying job, we need a good degree. To get a good degree, many of us have to go into debt. We finish college with a good degree but are saddled with thousands of dollars of debt (sometimes tens of thousands). And this college debt doesn't go away if we go bankrupt. It will always follo…
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#25We need to remove all of the "excess" stuff from higher education and get back to the core of education and research. Sure, things like football might be net profitable (for some schools), but lacrosse, baseball, swimming, gymnastics and all of that are not and students shouldn't be paying for that.
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#26My kid will be making his college choice in the coming year. As such, he's getting mail from colleges pretty much every day. The mailer from Vanderbilt really struck me as to the wrongheaded thinking of university leaders. On one side was this amazing blurb: "Vanderbilt financial aid packages DO NOT INCLUDE LOANS. IT'S FREE MONEY....65% of Vanderbilt students received some type of FINANCIAL ASSISTANCE" Tell me why co…
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#27Earlier quoted context omitted.
You are still way better off with college than without. It’s not as good a deal as it used to be but it’s still the best deal available.
I'm not so sure. I would probably choose a vocational apprenticeship over a B.A. in Sociology from State U.
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#28I wish I could be more sympathetic to the college industrial complex, but they've been treat us poorly for years. Yes, I know it's our fault for demanding gold plated educational experiences and then going into crazy debt to finance it. But who wants to blame himself/herself? The job can be done better for much less. Indeed, it used to be much cheaper in the past when the dorms weren't so fancy and there were a bazil…
maybe the dept of education should stipulate that 80% of college operating budgets be direct teaching/research costs, lest their fed loan largess be taken away. and progressively tax endowments, particularly targeting above a threshold of $100K/student or something like that. currently, the incentives are such that greedy people can just milk all the unrestrained cash flow coming into what should be a non-profit-orie…
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#29College isn't as appealing as it once was. In order to participate in the economy, we need a well-paying job. We're told to get a well-paying job, we need a good degree. To get a good degree, many of us have to go into debt. We finish college with a good degree but are saddled with thousands of dollars of debt (sometimes tens of thousands). And this college debt doesn't go away if we go bankrupt. It will always follo…
A bachelor's degree serves as a barrier of entry for many roles outside of IT. Historically the pay gap between the jobs you can get without, and what you make after clearing this barrier, made up for the initial investment rather quick. Now that there are diminishing returns on that investment, you need to optimize on a case by case basis. Does your chosen profession allow other paths to high paying jobs? Can you get the degree with less investment using less costly credit hours (community college first, then state university)? Is the peer group and the resulting network formed after attending college valuable enough to boost your career 5 years later? There are not that many well paying jobs accessible without a degree, I think cost optimization is worth it in the long run instead of not going to college at all.
Re: Colleges at the breaking point, forcing ‘hard choices’ about education
#30College isn't as appealing as it once was. In order to participate in the economy, we need a well-paying job. We're told to get a well-paying job, we need a good degree. To get a good degree, many of us have to go into debt. We finish college with a good degree but are saddled with thousands of dollars of debt (sometimes tens of thousands). And this college debt doesn't go away if we go bankrupt. It will always follo…
But there’s another aspect to college — the friendships, the discovery, finding interests, finding yourself.
These aspects have gone to the wayside, because for the majority of people there’s just not enough money to justify this. It feels similar to the cuts to art and music in lower schools - “what good are those programs for getting a job?”