I remember wondering aloud at MIT/Harvard putting their courses online for free for anyone to listen to, and saying, well what is the value add then of paying to physically go to college? I guess we're going to find out whether the networking, friends, social aspect is worth it. There's also something about the competitive aspect of seeing other people in person do better than you or have better ideas than you. Which…
Unimpressed by online classes, college students file lawsuits for refunds
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Re: Unimpressed by online classes, college students file lawsuits for refunds
#32I remember wondering aloud at MIT/Harvard putting their courses online for free for anyone to listen to, and saying, well what is the value add then of paying to physically go to college? I guess we're going to find out whether the networking, friends, social aspect is worth it. There's also something about the competitive aspect of seeing other people in person do better than you or have better ideas than you. Which…
I know this might not be received well by the HN crowd, but I feel like the classes and networking are secondary, the main value of a reputable college is having a reputable college you can put on your résumé.
> Suppose your law firm wants a summer associate. A law student with a doctorate in philosophy from Stanford applies. What do you infer? The applicant is probably brilliant, diligent, and willing to tolerate serious boredom. If you’re looking for that kind of worker—and what employer isn’t?—you’ll make an offer, knowing full well that nothing the philosopher learned at Stanford will be relevant to this job.
If the value of education was the information taught in the classes or the network, you should see a somewhat linear increase of value as you progress. For instance, after completing your second year out of four, you should receive ~50% of the college premium.
> Most of the salary payoff for college comes from crossing the graduation finish line. Suppose you drop out after a year. You’ll receive a salary bump compared with someone who’s attended no college, but it won’t be anywhere near 25 percent of the salary premium you’d get for a four-year degree. Similarly, the premium for sophomore year is nowhere near 50 percent of the return on a bachelor’s degree, and the premium for junior year is nowhere near 75 percent of that return. Indeed, in the average study, senior year of college brings more than twice the pay increase of freshman, sophomore, and junior years combined. Unless colleges delay job training until the very end, signaling is practically the only explanation
[0] https://www.theatlantic.com/magazine/archive/2018/01/whats-c...
Re: Unimpressed by online classes, college students file lawsuits for refunds
#33I remember wondering aloud at MIT/Harvard putting their courses online for free for anyone to listen to, and saying, well what is the value add then of paying to physically go to college? I guess we're going to find out whether the networking, friends, social aspect is worth it. There's also something about the competitive aspect of seeing other people in person do better than you or have better ideas than you. Which…
I know this might not be received well by the HN crowd, but I feel like the classes and networking are secondary, the main value of a reputable college is having a reputable college you can put on your résumé.
I guess maybe i needed to do my studies under one set of assumptions to have the motivation. Whilst only finding out on the otherside that those years were really only spent to get me my first job. And now my degree doesn't matter.
Re: Unimpressed by online classes, college students file lawsuits for refunds
#34I remember wondering aloud at MIT/Harvard putting their courses online for free for anyone to listen to, and saying, well what is the value add then of paying to physically go to college? I guess we're going to find out whether the networking, friends, social aspect is worth it. There's also something about the competitive aspect of seeing other people in person do better than you or have better ideas than you. Which…
I know this might not be received well by the HN crowd, but I feel like the classes and networking are secondary, the main value of a reputable college is having a reputable college you can put on your résumé.
Re: Unimpressed by online classes, college students file lawsuits for refunds
#35To be honest, I’m more worried by the effect it is already having on immigration and the calls from certain politicians to “reduce Asian students”. Besides the disgusting racism involved in that view, as someone who attended Grad School in US, I can confidently say that Asian Immigrants are some of the brightest and hardest working students I met and I was incredibly happy at this country’s future that the student po…
Hm, at least speaking for my uni (ETH Zurich), lots of grad students from Asia come here for cheap tuition & good PhD salaries, but almost all Chinese grad students I asked want to go back to China afterwards. Ideally we would keep talented people here instead of paying for their education with taxes and have them go back afterwards.
Re: Unimpressed by online classes, college students file lawsuits for refunds
#36Earlier quoted context omitted.
I know this might not be received well by the HN crowd, but I feel like the classes and networking are secondary, the main value of a reputable college is having a reputable college you can put on your résumé.
I've heard that a lot but I did get a degree from a reputable college in my home country (one of the best in France for my subject matter), yet I've only worked outside of France for my entire professional life and pretty much no French colleges are well ranked on international rankings (mostly because the rankings are biased towards much bigger institutions). And, well, the fact that it is isn't ranked well on any o…
Re: Unimpressed by online classes, college students file lawsuits for refunds
#37Why they aren't just asking some additional classes after the lockout ? Why immediately ask for a refund after a clearly exceptional event for a curriculum that last probably many years ?
Why not just refund and let them enroll after the lockout? It seems like creating IOUs for this stuff is just gonna make it more complicated and prone to errors. If I put myself in their shoes, I would certainly prefer a refund now. Students have lesser avenues to obtain financing than universities; I imagine it’s more important to allow students to keep their finances in order rather than the university (which can a…
Because if everybody does this for everything at the same time the economy will collapse. Thing that can be solve later with a little negotiation should be solved later to cause as little as possible long term disruption.
Re: Unimpressed by online classes, college students file lawsuits for refunds
#38Earlier quoted context omitted.
Hm, at least speaking for my uni (ETH Zurich), lots of grad students from Asia come here for cheap tuition & good PhD salaries, but almost all Chinese grad students I asked want to go back to China afterwards. Ideally we would keep talented people here instead of paying for their education with taxes and have them go back afterwards.
Can you expand more on why you feel like these students are being paid for with taxes? My understanding is that foreign students in the U.S. are typically paying massive amounts compared to their domestic peers. If anything they're subsidizing locals (assuming profits are used to expand capacity).
Re: Unimpressed by online classes, college students file lawsuits for refunds
#392. It is a well designed course, regardless of delivery format. Which means only a reasonable amount of deliberation and care is needed to make it good for online delivery.
My conclusion is that I don't think the format is the issue. I think the issue is that most courses are poorly designed in the first place. Insufficient effort and resources are applied and the result is crap.
This comes with the caveats that many topics are best learnt in practical settings (chemistry, some biology, arts etc) so they translate poorly to online only.
Re: Unimpressed by online classes, college students file lawsuits for refunds
#40I remember wondering aloud at MIT/Harvard putting their courses online for free for anyone to listen to, and saying, well what is the value add then of paying to physically go to college? I guess we're going to find out whether the networking, friends, social aspect is worth it. There's also something about the competitive aspect of seeing other people in person do better than you or have better ideas than you. Which…
I know this might not be received well by the HN crowd, but I feel like the classes and networking are secondary, the main value of a reputable college is having a reputable college you can put on your résumé.
We don't have great alternative mechanisms to find employable people otherwise, and given the current unpopularity of standardized tests / uniform measures of performance or skill, what can an employer do?