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Colleges are reopening in fall, but many professors won’t be present

nytimes.com

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Re: Colleges are reopening in fall, but many professors won’t be present

#12

Earlier quoted context omitted.

I hope the education is free. Because without the human presence, paying $250,000 USD for a university education sounds like a ripoff.

Even with the human presence. There's so much unneeded bundling - these campuses have turned into prestige factories.

As opposed to which exactly the year and country?

Re: Colleges are reopening in fall, but many professors won’t be present

#13

Earlier quoted context omitted.

I hope the education is free. Because without the human presence, paying $250,000 USD for a university education sounds like a ripoff.

Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.

No but that won't stop people from parroting it. Student debt is fairly light, the catch is that you have to actually make money. It's hard to be sympathetic when someone takes out a 40k loan to major in a topic that has a non-insignificant chance of paying peanuts. I think that's mainly a problem for millennials though, Gen Z had demonstrated a higher degree of pragmatism when choosing careers.

Re: Colleges are reopening in fall, but many professors won’t be present

#14

Earlier quoted context omitted.

Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.

I'm a current college student, and my school costs about $80k per year, counting tuition, room & board, supplies, etc., before financial aid. That would be $320k for 4 years, well over a quarter of a million. I'm personally getting a significant amount of financial aid, so that it will end up costing much less than that for me, but I know people who are paying full price. EDIT: I'm an undergrad at a 4-year university…

Obviously I believe you if you're saying that, but I've heard that nobody really pays these full sticker-prices and everyone's really getting some kind of aid unless they're literally a billionaire - is that not the case?

Re: Colleges are reopening in fall, but many professors won’t be present

#15
College currently sell an "experience" with clubs, restaurants, football teams, fraternities, housing, a nice campus with trees and lakes, etc. This isn't free. It has pushed up the price of education.

If education turns remote, I would expect prices to fall (and layoffs for the administrative staff), unless a similar experience part can be replicated online (which I strongly doubt)

This is the exact opposite of work vs remote work: if WFH becomes the default, I would expect wages to rise, as the most "experience" provided in the workplace (with nice offices, nice chairs, window view, in a nice campus with amenities like catering etc) will be footed by the employee in a WFH setting

Re: Colleges are reopening in fall, but many professors won’t be present

#16

Earlier quoted context omitted.

Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.

I'm a current college student, and my school costs about $80k per year, counting tuition, room & board, supplies, etc., before financial aid. That would be $320k for 4 years, well over a quarter of a million. I'm personally getting a significant amount of financial aid, so that it will end up costing much less than that for me, but I know people who are paying full price. EDIT: I'm an undergrad at a 4-year university…

What do they teach there for 320k?

Seriously, I do pay like 4.5K USD after conversion for 7 semesters of CS at weekends - 4 days / month and I cannot imagine that

Re: Colleges are reopening in fall, but many professors won’t be present

#17

Earlier quoted context omitted.

I hope the education is free. Because without the human presence, paying $250,000 USD for a university education sounds like a ripoff.

Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.

Looks like a high-end MBA is only $150k.

Re: Colleges are reopening in fall, but many professors won’t be present

#18
This is looking more and more like an extinction event for academia.

Elite institutions can charge whatever they want for their brand name and selectivity, and for the environment of other equally motivated high potential students.

Other schools combine a school with a resort/cruise ship experience. Insofar as the school is no better than a bunch of videos, and the resort is mostly shut down, so long as employers don't care, it will be hard to justify spending 10x on a residential experience.

With live teaching going the way of life musicians 100 years ago, we can expect similar effects- fewer better teachers, and better access to them.

Re: Colleges are reopening in fall, but many professors won’t be present

#19

Earlier quoted context omitted.

I hope the education is free. Because without the human presence, paying $250,000 USD for a university education sounds like a ripoff.

Is anyone genuinely paying a quarter of a million dollars for a degree? That seems extreme even for a non-scholarship medical doctorate degree, let alone a simple data-science degree.

It seems the Data Science degrees are the biggest ripoffs.
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