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The college-for-all model isn't working

latimes.com

31–40 of 125 posts

Re: The college-for-all model isn't working

#31
post #3

" More Americans attend college today than ever before: this year, 42% of young people 18 to 24 years old." This is why education costs so much nowadays and the product is so poor. Everyone has the right to pursue learning. But, these folks aren't owed anything because they've sat through enough classes to earn a BA.

I don't understand how putting more students through college increases the cost per student, in normal industries more business generally means reduced costs.

Re: The college-for-all model isn't working

#32
post #22

It's a joke among engineers that you need to graduate from college so that you can start learning. My college experience (non-technical bachelors) was just a joke, period - high school 2.0. Still, I wouldn't have the good job I do now if I hadn't completed my degree. We keep running into this problem where employers think college degrees are more valuable than they probably are. Part of that is impressed culturally,…

I'm not sure why companies ever got away from the idea that they could avoid training employees? In Silicon Valley you see the same pool of startups competing for the same pool of Rails/Backbone.js developers all because they'd rather perceive to get a complete package up front. The apprenticeship model should be re-embraced.

Fixed costs, overhead, etc, etc. Training people is super expensive when you don't even know if your company will exist in 5 years.

Generally, you don't want your DBA discovering the 3rd normal form halfway through a project.

Re: The college-for-all model isn't working

#33
For those who aren't aware, this is an op-ed (meaning the newspaper doesn't stand behind any of the facts claimed) from a right-wing Koch brothers organization.

Several commenters have already noted that the fundamental "fact" here, that certain vocations are experiencing major shortages (the "skills mismatch" claim) is completely false, which it is. The Great Recession stretches across all job fields and locations in the United States and beyond.

Nutshell: this op-ed is from someone who hates broad-based education and wants to bring in a sort of reverse work-training system: you pay them for the privilege of working at various companies, and we call it modern vocational education.

Re: The college-for-all model isn't working

#34
We're not saving for our kids' college. The oldest is 16 years away, and we believe that college will either be totally unaffordable, or the bubble will have burst and won't exist in its current form.

We are focusing on our retirement instead, because we believe it's far better to take care of that and not become a burden on your kids just when they're trying to take care of their own families and retirements.

Re: The college-for-all model isn't working

#35
post #4

"Supply and demand" at work.

Subsidy and demand, you mean.

As the upper limits of cost are reached, people will explore every avenue for obtaining funds for paying for what they demand, including borrowing from their own future (mortgage), pooling money for odds-based distribution (insurance), and confiscating money from others just this side of being theft (tax-funded subsidies). When you run out of other people's money, you find something else suitable to spend the limited funds on.

Re: The college-for-all model isn't working

#36
post #7

What college for all model? What we have is not college for all, not even close. We have capitalistic college education; where it costs as much as the market will bear, and the ability of the market is distorted by massive student loans which kids are told they have to get as it is an investment into their future. College for all would be if college was free to every high school graduate, and costs were kept down by…

College education is about as capitalist as China is socialist.

Re: The college-for-all model isn't working

#37
post #26

It's hard for me to take this article seriously with so many falsehoods. Shortage of STEM workers? Debunked: http://spectrum.ieee.org/at-work/education/the-stem-crisis-i... College costs out of control? Only because states are cutting subsidies for higher education and forcing students to pay more. That said, towards the end there are some good points. It could be argued that there's a public interest in promoting hi…

Tuition couldn't skyrocket if students had no means to pay it. The enabler in this situation, is the disconnect between the availability of financing and the product being financed.

You can't get a $60,000 loan for a $20,000 car, but you can absolutely rack up that much (or more) in college debt, for an education indistinguishable from one at a third of the cost.

With that kind of distortion in the market, why would anyone be surprised at rising tuition?

Re: The college-for-all model isn't working

#38
post #14

Earlier quoted context omitted.

They have skilled labor shortages at the prices they're willing to pay. Every time you hear an employer claim they can't find someone for a position, inquire about the salary they're offering.

This type of bullshit seems to be widely believed on HN. I work in the engineering department of a software company and I'm closely involved with recruitment and interviews. I'll tell you this: the vast majority of people (over 95%) we turn down are unqualified, period. Meaning, we wouldn't hire them even at half the salary level advertised for the position. It has nothing whatsoever to do with what we're willing to…

> at half the salary level advertised for the position.

Tell me, Ege, what salaries are advertised at the following URL? http://jobs.laserfiche.com/Jobs?dep=engineering

I can't find any.

Re: The college-for-all model isn't working

#39
post #24

Earlier quoted context omitted.

This type of bullshit seems to be widely believed on HN. I work in the engineering department of a software company and I'm closely involved with recruitment and interviews. I'll tell you this: the vast majority of people (over 95%) we turn down are unqualified, period. Meaning, we wouldn't hire them even at half the salary level advertised for the position. It has nothing whatsoever to do with what we're willing to…

So why not train them yourselves? Why do they have to be the complete package upfront? You get the liberty of guiding their education in a way that most benefits your company and they get to extend their skillsets. Sounds like a win-win.

>>So why not train them yourselves? Why do they have to be the complete package upfront?

I didn't say they have to be the complete package upfront. We actually do have comprehensive training programs for new hires, most of which were designed by me. The problem is that people need a certain mix of base level skills and character traits to succeed and excel. Most people we interview don't have those, which means they are unqualified.

Re: The college-for-all model isn't working

#40
post #7

What college for all model? What we have is not college for all, not even close. We have capitalistic college education; where it costs as much as the market will bear, and the ability of the market is distorted by massive student loans which kids are told they have to get as it is an investment into their future. College for all would be if college was free to every high school graduate, and costs were kept down by…

I agree with you in principle, but please choose another target other than football tickets and massive stadiums. Most massive stadiums are filled with paying customers whose money is then used to fund all the other athletics programs that don't charge money because too few people would actually pay to watch them.
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