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re: The argument that the US college system is largely a scam
Posted on 10/26/18 at 11:29 am to SeeeeK
Posted on 10/26/18 at 11:29 am to SeeeeK
And are Republicans actively trying to do anything? Seems like both sides are complacent in the ridiculous rising costs and diminishing value of higher education.
0
Posted on 10/26/18 at 11:30 am to weagle99
Tenure for professors is the scam that is killing higher education in our country
Posted on 10/26/18 at 11:32 am to SwatMitchell
quote:
Student loan funding should be scaled based on average starting salaries for the major (and university).
Student loans should not be federally backed, which would banks would be a lot pickier about who they loaned too.
Also, let student loan debt be eliminated via bankruptcy, making banks even MORE careful .
As it stands ANYONE can get a student loan and just default on it at will.
Posted on 10/26/18 at 11:36 am to weagle99
Depends on how you look at it.
If youre going into college and just want to learn stuff, no not necessarily.
If you go to college simply because it will make you more money in the long run, yes it probably is unless youre taking a handful of majors (law, medicine, engineering, finance, accounting, etc).
If youre going into college and just want to learn stuff, no not necessarily.
If you go to college simply because it will make you more money in the long run, yes it probably is unless youre taking a handful of majors (law, medicine, engineering, finance, accounting, etc).
Posted on 10/26/18 at 11:36 am to Areddishfish
quote:
I think the emphasis needs to be shifted from the "prestigious" school to one where you can get the degree cost effectively
in almost every one of the "horror stories" that get put in print or posted online, kids go to private schools (sometimes not even good or mediocre ones) AND get degrees without much economic use...and they go for the economic use
you can argue that being educated is worth paying money for, wherein the economic output isn't in line with the cost
you cannot argue that being educated for a job is worth an extreme cost
Posted on 10/26/18 at 11:37 am to ccomeaux
quote:
Tenure for professors is the scam that is killing higher education in our country
no. their wages have declined in total (b/c so many ad hoc or non-tenured instructors are teaching classes these days)
the administrative costs have gone to the moon
Posted on 10/26/18 at 11:45 am to Areddishfish
What they do at Harvard is impressive. Getting in. Competing against the best. Learning from the best. Getting the best internships.
Sorry, but no FAU doesn’t even compare.
Sorry, but no FAU doesn’t even compare.
Posted on 10/26/18 at 11:46 am to SlowFlowPro
quote:
no. their wages have declined in total (b/c so many ad hoc or non-tenured instructors are teaching classes these days)
the administrative costs have gone to the moon
The main reason college costs have skyrocketed is because demand is high due to Pel Grants and guaranteed student loans.
Do away with those and demand goes down which means supply goes up, which means the cost goes down.
Think of this way.
It's simple economics.
Posted on 10/26/18 at 11:48 am to HeyHeyHogsAllTheWay
quote:
Pel Grants and guaranteed student loans.
Pell Grants dont really cover that much, typically less than cost of tuition.
I do agree though that loans have exacerbated the problem because the students dont really care because its not their immediate money. Also on campus housing drives up cost significantly.
Posted on 10/26/18 at 11:51 am to NYNolaguy1
quote:
Pell Grants dont really cover that much, typically less than cost of tuition.
They still contribute to the supply and demand of college though.
Posted on 10/26/18 at 11:53 am to HeyHeyHogsAllTheWay
Nope.
Demand is high. But so is the supply. There aren’t kids crying that they couldn’t find a college to attend because all the spots were taken.
The main reason is the bloated administration.
Demand is high. But so is the supply. There aren’t kids crying that they couldn’t find a college to attend because all the spots were taken.
The main reason is the bloated administration.
Posted on 10/26/18 at 11:53 am to HeyHeyHogsAllTheWay
quote:
As it stands ANYONE can get a student loan and just default on it at will.
Can they though? I got fortunate enough to not have to take a penny in loans. Paid for college 100% myself.
If a student defaults on the loan, their future wages will be garnered eventually right? So they'd either have to be alright to hussle and make "under the table" money or get a normal job and let the wages be garnered.
Posted on 10/26/18 at 12:25 pm to WhiskeyThrottle
Ya. Wage garnishment with fed loans. Private loans can sue you.
Not sure what that guy is talking about
Not sure what that guy is talking about
Posted on 10/26/18 at 12:26 pm to SwatMitchell
quote:
Student loan funding should be scaled based on average starting salaries for the major (and university).
why not scale the cost of tuition based on the cost of the degree/overhead? we complain about gender studies majors incurring debt and not having gainful employment when they graduate. why should tuition for a gender studies degree cost a much as an engineering or computer science degree?
it is MUCH cheaper to provide a humanities education than an education in a STEM field. so scale the cost of tuition, rather than student loan funding.
Posted on 10/26/18 at 12:27 pm to weagle99
Mine was well worth the investment. My only regret was not finishing sooner.
Posted on 10/26/18 at 12:27 pm to HailHailtoMichigan!
quote:
It’s a scam depending on what your degree is in
Medical Doctor: necessary
Doctorate in Women's Studies: total scam
Posted on 10/26/18 at 12:34 pm to FightnBobLafollette
quote:
Demand is high. But so is the supply. There aren’t kids crying that they couldn’t find a college to attend because all the spots were taken.
what?
Here's one article from 2016 discussing the shortage and how schools are trying to fix it
LINK
Here's a pretty good article on the subject from 2014
LINK
I can provide other links if necessary. The demand for seats has caused the rise in cost.
Posted on 10/26/18 at 12:48 pm to weagle99
Text Books
Progressive professors, admins
Jacks up real estate in nearby communities
But, the worst part of the scam is now everyone gets a degree. They make it where anyone and everyone can get a degree. When everyone can get a degree it makes it less and less valuable.
Progressive professors, admins
Jacks up real estate in nearby communities
But, the worst part of the scam is now everyone gets a degree. They make it where anyone and everyone can get a degree. When everyone can get a degree it makes it less and less valuable.
Posted on 10/26/18 at 12:53 pm to FightnBobLafollette
quote:
What they do at Harvard is impressive. Getting in. Competing against the best. Learning from the best. Getting the best internships.
I am pretty sure Harvard is getting sued because that isn't what they do.
Posted on 10/26/18 at 1:23 pm to weagle99
It certainly can be, but not always.
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