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Americans no longer see four-year college degrees as worth the cost

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Re: Americans no longer see four-year college degrees as worth the cost

#41

Better than asking "is college worth the cost," and getting into ROI calculations per major is asking "could we provide a similar (or better) educational and social experience at a fraction of the cost"? To that the answer is yes.

Many (most?) people go to college primarily for the piece of paper, not for the educational and social experience.

You can provide the piece of paper at a fraction of the cost too. Nearly all of Europe does, I believe.

Re: Americans no longer see four-year college degrees as worth the cost

#42

1 in 8 incoming freshmen at UCSD (a leading institution in the states) cant solve "x + 5 = 3 + 7"... Why would I pay 30k a year or whatever it is to get a degree from somewhere like that?

This is incorrect. It's 1 in ~50. Still bad!

8.5% of incoming freshmen place in Math 2. 25% of a class of Math 2 students could (EDIT: couldn't) answer 7+2=_+6

8.5% x 25% is about 2%, so 1 in 50.

Re: Americans no longer see four-year college degrees as worth the cost

#43

Employers just hire experienced h1bs instead, they won’t leave after being trained, no reason to hire an American

The h1b program can essentially be eliminated tomorrow. Trump could theoretically make h1b visas non-transferable, charge a high annual renewal, etc.

Re: Americans no longer see four-year college degrees as worth the cost

#44
post #7

I feel the same fallacies happen with money and degrees: - People with more money live better lives, so let's just print/hand out money and everyone will live a better life! - People with college degrees live better lives, so let's just push more people through college and everyone will live better lives! In both cases, of course, completely missing the underlying reasons money/college degrees provide(d) better lives…

Consider the contraposition. • Poor people live shorter, unhealthier lives. • Without a college degree, your employment options are diminished. It's fine to trash "handing out money" or "pushing more people through college" but then what is left is: there's nothing we can do for poor people.

Make money not a consideration in applying for college? Not by handing out whatever the universities are asking for of course, but by giving them a fixed $X per student.

Re: Americans no longer see four-year college degrees as worth the cost

#45
post #13

My kids will still go to a four-year university, but for the education and experience, not for any vocational aspirations. I have no delusions about the marketability of an undergraduate degree. A happy side effect of that university degree was a more rounded education, which now many young adults will be missing out on. The downstream effects could be catastrophic.

> A happy side effect of that university degree was a more rounded education, which now many young adults will be missing out on. Absolutely! So many people bemoan taking general Ed classes, but knowing the basics about economics, literature, science, art, math, history is valuable if you want to think critically about the world.

>> but knowing the basics about economics, literature, science, art, math, history is valuable if you want to think critically about the world.

Sure if that is relevant to what your goals in life are. I chose to get an education that was tightly coupled with the outcome I wanted.

Re: Americans no longer see four-year college degrees as worth the cost

#46

Earlier quoted context omitted.

My roommate can solve this. And he just turned 6. I gave him today some equations with two unknowns....

Why the Downvote? It is true.

It's due to your username; they think you're a troll.

Re: Americans no longer see four-year college degrees as worth the cost

#47
Most of you here assume the "Human Capital" model (i.e. you pay to acquire skills), but that entirely misses the actual point of a college degree! 2001 Nobel Prize went for demonstrating that college is basically a quarter million dollar IQ and Marshmallow Test. It's a filtering mechanism that allows employers to tell who is smart and conscientious enough to be productive at work.

Offering education to more and more people via reduced cost mass online courses, lowering entry requirements or similar approaches will only erode the signalling value of a degree further.

Re: Americans no longer see four-year college degrees as worth the cost

#48

Employers just hire experienced h1bs instead, they won’t leave after being trained, no reason to hire an American

And Americans leave because employers will just replace them with offshoring and h1bs to save money. It's a self perpetuating cycle. Loyalty goes both ways. Employees finally realized that they should be treating employers like employers have always treated employees. That's capitalism.

Re: Americans no longer see four-year college degrees as worth the cost

#49

Employers just hire experienced h1bs instead, they won’t leave after being trained, no reason to hire an American

The h1b program can essentially be eliminated tomorrow. Trump could theoretically make h1b visas non-transferable, charge a high annual renewal, etc.

Trump could cancel H1B but most likely he won't. If for no other reason than as a favour to his billionaire friends. They are more important than the popular idea of America first, American jobs etc. here Trump literally says we need H1B because we need talent, and USA doesn't have the talent. Not a good look for a supposedly America first president.. https://youtu.be/U2XUNKcKtx0?si=GOFyMGxqUIbyGD6T

Re: Americans no longer see four-year college degrees as worth the cost

#50
post #30

Earlier quoted context omitted.

The quality of an education isn't proportional to the amount of money spent; learning is remarkably cheap if a school wants to focus on outcomes. There's a bit of give in where the teacher sits on the bumpkin-genius scale (although even then, the range of salaries isn't that wide in the big picture). Although forcing the funding to go through a collective rather than letting people choose a school and pay on in indiv…

The school system is downstream broader social issues here. It can be shockingly expensive to deal with the various behavioral problems that disproportionately impact students from lower income communities. Students from stable homes with available and invested parents practically teach themselves.

All those downstream effects from a functional social security service.
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