531–540 of 848 posts
Earlier quoted context omitted.
The school admitting the student should co-sign the loan. If the school is confident in the value of their program they should assume the risk.
A funny idea, but also a great way to make sure that schools only offer majors with a high average post-grad salary.
Earlier quoted context omitted.
I'm GenX, went to college in the late 80's, in state tuition in TX was $2000 per semester as I recall. I knew people who worked a part time 20 hours/week job that paid $8 an hour. (graveyard shift sorting boxes at a local shipping company). I knew many others who did some program where they worked at the college and made $5 an hour IIRC). I was a grader/TA/proctor for the first year engineering course and made the pr…
Ah my brain did a flip flop, mixed up genX with millennials. Yes, that was a very different landscape than we have now. I recently went back to school for an EE degree, and the costs were insane, even for someone with a good job and middle class wealth. An interesting thing I noticed was the the time cost for classes. I would spend a HUGE amount of time doing homework, maybe double the time it took during my CS degre…
Earlier quoted context omitted.
> He had some massive college bills too and i didnt understand how those worked, but you cant get rid of them like you can a car loan. This is the thing that is really the most shameful and outrageous thing about the US system. Our entire K-12 educational system and our culture is set up to paint a college degree as a ticket to "the good life". Then an 18-year-old, potentially with parents who aren't great at math bu…
I have this evolving metaphor of the US as a financially overextended household or business. We've lived large since WWII. Bought new cars every few years, built the suburbs, provided quality education to a lot of people, etc. Is it all that surprising that people want to "go back" to this? For many people in the US, it was GREAT. But it's all been at great cost. The '60s through the '90s were a time of huge debt acc…
Sounds like a great deal for those who were alive then. I don't think it's as simple as you suggest.
Earlier quoted context omitted.
UIUC is 25k a year just tuition and fees. Expensive college town room & board plus opportunity cost of education instead of working easily gets you to 30k a year.
https://admissions.illinois.edu/invest/tuition "Following are our estimated expenses for 2020-2021. Illinois Resident Tuition & Fees: $16,862-$21,956"
Earlier quoted context omitted.
I truly believe that it should be illegal for state-funded universities to collect tuition from students that are "undecided" in their major.
So students remain undecided as long as possible to enroll in as many undergrad classes as possible? your proposition makes no sense to me. I believe as an 18 year old, you need to begin seriously taking responsibility for your decisions, and if you choose to go to school, you absolutely should pay for it. the cost argument is totally separate, colleges should be much more affordable IMO, but there shouldn't be free…
A couple of points: not all colleges are created the same. Many state schools, particularly top-tier ones offer fantastic educations at an excellent price-point. They are a good value, and will remain so. Along with need-based aid and scholarships, they are amazing vehicles to reduce generational inequality (look at UCLA for example). I can only speak to the engineering (not software) side of things, but from lab wor…
Colleges say this, but does anybody ever really find it to be the case? I suppose if you went to Harvard or Princeton this might be true, but as a representative of the other 90%, I've never interacted with anybody I went to school with (including a year abroad, a four-year degree, and a master's degree) in any way.
Disclosure: i never went to college, I went to a trade school. Colleges really only started scaring the heck out of me when I started enjoying my career. After spending a day wrenching in a garage, we'd hit miller time and head down to the Soapbox Bar and Grill. Over the span of a month or two ordering buckets and shooting pool I learned our bartender Javon had a masters in biology and his fiancee Cortisha who bussed…
The other replies are interesting and insightful, so I wanted to add a little anecdata here. > some massive college bills In the late 1980s I started a Computer Science program at Cal Poly Pomona https://www.cpp.edu/ If memory serves, my tuition for a quarterly full load was less than $300. That's not per credit, that was for as many classes as I wanted. Books added up to a bit less. Working at Jack in the Box and la…
That was a significantly cheaper option for most students. And the classes tended to be smaller and, often, much better quality.
Earlier quoted context omitted.
> Then an 18-year-old, potentially with parents who aren't great at math but have great aspirations for their child, is sat down and asked to sign a load of papers, not realizing that this will lock them into decades of unforgiveable debt and wage slavery. Well yeah, because us "adults" don't wanna pay the state and local taxes necessary to keep public universities affordable.
Why is this downvoted? In the European nations (with the notable exception of Britain), university is free or nearly so.
Earlier quoted context omitted.
> He had some massive college bills too and i didnt understand how those worked, but you cant get rid of them like you can a car loan. This is the thing that is really the most shameful and outrageous thing about the US system. Our entire K-12 educational system and our culture is set up to paint a college degree as a ticket to "the good life". Then an 18-year-old, potentially with parents who aren't great at math bu…
> All of us should be regularly lobbying our lawmakers to make student loans dischargeable by bankruptcy, just like any other loan. The reason they aren't dischargeable is because what bank in their right mind would give a loan to an 18 year old with no collateral? They only guarantee they get that it will be paid back is the fact that it can't be discharged. Student loans would dry up overnight if they could be disc…
Except private student loans exist
Earlier quoted context omitted.
>The job can be done better for much less. First and foremost, the lecture part of education is extremely inefficient. I know "watch the video" just doesn't work for some people, but charging for a live rendition of a repeated script, and then not valuing the person who watched the same recording equally, is absurd. Education needs to acknowledge a couple things. 1) Theres probably a "best" lecture or lecturer out th…
> Theres probably a "best" lecture or lecturer out there for each topic. This is something I've been thinking about for a while. Let's assume that there is one "best" lecture for a given topic. I think then effort could be spent with smaller study groups where students can have direct access to people who can help them understand the concepts. There is little reason to have so many other different takes unless they a…