251–260 of 302 posts
You can't refi an education or sell your education to someone else. You can't pay someone to refurbish your education while you're working at your day job. You can't rent out two thirds of your education while living in the crappy part. And so on.
I'm not saying there's no bubble, but the two asset classes are clearly different.
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There's a limited number of scholarships to go around, and for those who can't get one, the cost will matter.
I think what krschultz is saying is that if you have the skills to be successful without a college degree, you also are likely to have the skills to get a scholarship to a decent school. They are a somewhat similar skillset and going to college allows you to check the checkbox on an application.
0 < correl(school chops, business chops) < 1
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It's hard to overstate the value of a university education... Why are you so vehement? Never went to college?
I have a 4 year degree and I think it's hard to understate its value. I wish I'd spent that 4 years doing different things... I almost certainly would have learned more (and the things I learned would have been more useful). And it wouldn't have cost $120k.
College is what you make of it.
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Yeah, I'm not arguing that a degree is a good indicator of performance. You have to put yourself in the shoes of the person in charge of hiring. If you advertise a well-paid tech position, you will probably get thousands of applications. You can't read them all in elaborate detail. You can't visit everyone's Github. You just don't have time. So how do you cull? Just randomly select 10% and go with that? What if you h…
Ultimately, it boils down to filtering by reputation. The data says that most jobs are acquired through existing connections before it is ever advertised to the public, but in those outlier cases, a degree gives a nod to you from a known credible source. In the world of social networks and artificial intelligence, it is interesting that nothing has come up to provide better recommendations. Perhaps because it's not r…
I wouldn't be surprised to find this sector increasimgly revisited in years to come. I've recently come to experience that programmers without much experience, no matter how well-intentioned, sometimes just stomp around doing far more damage than good on projects.
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There's a limited number of scholarships to go around, and for those who can't get one, the cost will matter.
There are tons of undergrad programs that are less than $10k per year. Big state schools which will give you all the social experiences you need and some of the learning. No HR department can interview people without a degree when there are so many people with degrees. A degree doesn't get you in the door, but is a minimum standard for just about any job. It is too bad school is too expensive, but it doesn't matter.
Nonsense. I have never been to college and I am currently responsible for the IT Security of a mid-sized health network. Not only was I hired without a degree but I've been promoted several times.
I also have no technical certifications, at various points in the past I had some but have let them lapse. Having a piece of paper may make things easier, but in the end it comes down to whether or not you can sell yourself to the organization.
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There's a limited number of scholarships to go around, and for those who can't get one, the cost will matter.
There are tons of undergrad programs that are less than $10k per year. Big state schools which will give you all the social experiences you need and some of the learning. No HR department can interview people without a degree when there are so many people with degrees. A degree doesn't get you in the door, but is a minimum standard for just about any job. It is too bad school is too expensive, but it doesn't matter.
In what sense? In a social-justice sense it seems like it does matter quite a bit. In a national-productivity sense "the college question" also matters quite a bit. In what sense doesn't $trillions of spending matter?
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Fuck people who bitch about how expensive college is. You know how much I paid for college? $0. You know why I paid that? Because in high school I did a lot less than what you outlined above, but it was enough to get a scholarship to go to college. Six great schools looked at my application and offered me somewhere between a discounted rate and a full ride + stipend on top of that. And I was only 20th in my high scho…
Maybe the monolithic decision of university shouldn't be forced upon us when we're teen-aged and entrenched in dogma.
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Fuck college. It's not the only way to learn, to meet people, or to show your expertise, capabilities and accomplishments anymore. We have this thing called the Internet now. Write a book. Put a PDF online. Record a video of yourself giving an intelligent speech or showing some useful talent. Put it on YouTube. Write software. Put on GitHub. Answer technical questions well on StackExchange (or whatever for your parti…
Fuck people who bitch about how expensive college is. You know how much I paid for college? $0. You know why I paid that? Because in high school I did a lot less than what you outlined above, but it was enough to get a scholarship to go to college. Six great schools looked at my application and offered me somewhere between a discounted rate and a full ride + stipend on top of that. And I was only 20th in my high scho…
I had the same experience as you (college paid for via scholarships), but the scholarships available differ from school to school and community to community. So, not everyone has that as an option.
This is just absurd. Non-accredited, branded schools will provide better education for less money? Really? I assume he's referring to the growing for-profit college industry. Yet for-profit colleges are actually the biggest culprits driving up the student debt. Students at for-profit colleges run up more debt, are more likely to drop out, and are more likely to end up under-employed than those at traditional universi…
I think he is referring to startups like codeacademy, not for profit schools. He's saying and betting that people like kahn will start more kahnacademy online schools and education. People who aren't driven by greed will cause the for profit schools, rising tuitions, and maximum student loan amounts to be unneccesary.
The other end of the problem is that kid's aren't even trying to flip their degree. Most kids consider college and experience not an investment. You're kid is the worst investor on the planet. Because instead of majoring in Bioengineering they are majoring in psychology. And If they are majoring in psychology they aren't out to get the best damn research positions over the summer and publish papers, they are out work…