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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

#171

Higher ed is like employer based health insurance in that they are both weird path dependent historical accidents. People want cheap healthcare, and it got shoehorned into an odd employer fringe benefit system that really is not at all related healthcare in any intrinsic way. People want job training, and it got shoehorned into extra departments at liberal arts universities intended as aristocrat finishing schools. J…

This view seems to be common, but I think it misses what incredible alchemy comes from making people who come in for “job training” (like I did) spend 4 years in close proximity with research, academic freedom, liberal arts, and at least an attempt at some kind of intellectual idealism separate from economic incentive. It’s peanut butter and chocolate that has served democracy and its people well by having a middle c…

It's an interesting combo, but after working for a decade in higher ed, there is a real division and enmity between the liberal arts and sciences and the "career" programs. The latter is seen as an illegitimate degree mill. The former as a freeloader that does not pull its weight financially. It is an uneasy partnership of convenience.

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

#172

Higher ed is like employer based health insurance in that they are both weird path dependent historical accidents. People want cheap healthcare, and it got shoehorned into an odd employer fringe benefit system that really is not at all related healthcare in any intrinsic way. People want job training, and it got shoehorned into extra departments at liberal arts universities intended as aristocrat finishing schools. J…

> People want cheap healthcare, and it got shoehorned into an odd employer fringe benefit system that really is not at all related healthcare in any intrinsic way. Healthcare costs, and hence health insurance premiums, are the same with or without an employer intermediary. The only difference is with an employer intermediary, the insured gets to pay their premium with pre-tax income. The cost of the health insurance…

The employer pays a large portion of the employee premiums. As a result the employee is further indentured to the employer because they cannot leave without depriving themselves and family of health care. And it further obfuscates the actual cost of health care. And then the tax code makes this bizarre setup the privileged happy path.

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

#173

Earlier quoted context omitted.

You may have had a bad instructor. I don't think I've ever been in a class where I couldn't do some genuine questioning, but of course I didn't always feel the need to do so. Edit to add: Also, you failed to learn the lesson that you can't always quit in the face of tyranny. Did you never have a history or civics class in high school?

But were any of your classes gender studies?

No. I had one that had something to do with anthropology though.

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

#174
post #108

Earlier quoted context omitted.

Why do you need to pay to go to college to learn the basics of all these subjects? The same information is available for free online.

Teaching is a deliberate act, and it cannot be replaced by a Google AI summary.

> Teaching is a deliberate act

The issue isn't teaching, it's learning. I don't think it's at all obvious that being taught by college professors is the best way to learn that material.

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

#175

Earlier quoted context omitted.

This view seems to be common, but I think it misses what incredible alchemy comes from making people who come in for “job training” (like I did) spend 4 years in close proximity with research, academic freedom, liberal arts, and at least an attempt at some kind of intellectual idealism separate from economic incentive. It’s peanut butter and chocolate that has served democracy and its people well by having a middle c…

It's an interesting combo, but after working for a decade in higher ed, there is a real division and enmity between the liberal arts and sciences and the "career" programs. The latter is seen as an illegitimate degree mill. The former as a freeloader that does not pull its weight financially. It is an uneasy partnership of convenience.

I had the impression that liberal arts students were highly profitable for universities, because they had no expensive labs.

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

#176
post #108

Earlier quoted context omitted.

Why do you need to pay to go to college to learn the basics of all these subjects? The same information is available for free online.

Teaching is a deliberate act, and it cannot be replaced by a Google AI summary.

> a Google AI summary

That's not the online material I was referring to. Many universities have their course materials available for free online. Not to mention other online learning sites.

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

#177

Earlier quoted context omitted.

American colleges give out a GPA, which used to mean something but has now been inflated to the point of meaninglessness. 60% of my college class 10 years ago had a 3.5/4 or higher. The median grade at Harvard is an A. I am told that since COVID, B grades and below now require a written explanation by the professor at several schools.

Given that the bar for getting into Harvard is rather high these days, shouldn't we expect the median grade in Harvard to be fairly high? If C students aren't allowed into Harvard these days, doesn't it make sense they aren't giving out Cs?

A bit of context on that grading question here. It was interesting to me that grading has gone through a couple waves of inflation over the decades: https://unintendedconsequenc.es/what-i-talk-about-when-i-tal...

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

#178

Earlier quoted context omitted.

Europe has a much lower expenditure per student compared to the US. https://www.aei.org/articles/the-crazy-amount-america-spends...

It does. In large part due to Baumol's cost disease - higher overall incomes in productive sector like tech drive up costs for sector with low productivity growth - so professors and admin staff in US make 2x salaries compared to Europe (cost of living adjusted). Also, have you seen EU student amenities and dorm sizes?

EU universities, the amenities are quite meager, as they should be. But for dorms it’s usually single occupancy. Unlike the US where you’re expect to have roommates.

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

#179

Earlier quoted context omitted.

This view seems to be common, but I think it misses what incredible alchemy comes from making people who come in for “job training” (like I did) spend 4 years in close proximity with research, academic freedom, liberal arts, and at least an attempt at some kind of intellectual idealism separate from economic incentive. It’s peanut butter and chocolate that has served democracy and its people well by having a middle c…

It's an interesting combo, but after working for a decade in higher ed, there is a real division and enmity between the liberal arts and sciences and the "career" programs. The latter is seen as an illegitimate degree mill. The former as a freeloader that does not pull its weight financially. It is an uneasy partnership of convenience.

It’s absolutely an uneasy partnership. But my goodness the benefits of having rubbed shoulders with people studying forensics, entomology, philosophy, pure math, and agriculture were enormous. If I had gone to a school composed exclusively of engineers and other careerists, how much narrower would my world have been? And bringing in ideas from other areas of study has been so powerful in both my life and my career.

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

#180

Because they are not. If I was 18 years old right now, I'd be going into a trade of some sort. No debt, immediately earning a decent amount of money. AI will push even more kids towards this route.

I'm Irish. The state paid me to go to university, and I've paid it back many times over in taxes.

Whenever I hear about the cost of degrees in the US I feel like I'm taking crazy pills.

It doesn't make sense, it's entirely inhumane and predatory to loan that kind of money to a teenager, and there's no way I would ever have gotten a degree if I lived there.

I tried being in debt once, for a far more modest amount than a US degree, and it weighed on my subconscious the entire time.

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