re: Here's a life lesson: Don't enroll into an online masters program at USC for $200K

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Why is USC selling people a 200k degree that will never pay off?

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Because people are willing to pay for it?

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Sure, but you can't get a mortgage or auto loan for 300k on a 48k salary. Those have collateral that can at least be sold to offset some, if not all of the debt. Student loans should be scrutinized even more so, since they are based on presumably only a potential income.

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I’m old enough to remember when liberals considered that a racists attitude. You can thank Obama for this.

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College tuition is a function of the government taking over the loans and subsidizing them and millions of idiots falling for the idea that they have to have a 4-year degree to be successful.

Just like in healthcare when you have a bureaucratic middle-man between the payer and the payee, prices go out of control.

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Gots to pay for the various bloated administration positions, especially the uber important Diversity, Inequity, and Exclusion (DIE)* departments!




*purposefully written that way.

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There is no money in mental health.

If your kids ever talk about pursuing a career, put your foot down.

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This is such a tricky subject. Because we need people in those professions and they're so important, yet because they're criminally underpaid, that it discourages many people (myself included) from making that a career.

Mental health professionals should be making $50k+ for entry-level jobs and should be paid more than that in a lot of cases.

Social work type jobs pay a lot less than they probably should.

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Why is USC selling people a 200k degree that will never pay off?

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Because people are willing to pay for it?

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By people do you mean US taxpayers? Because the govt is the real culprit here. Student loan debt is directly related to the huge bubble in college tuition costs.

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You can get an online MBA from LSU-S for like $10k

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The chasm between USC and LSU makes them basically different degrees

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This is simply not true. Now, if it's in film at USC one might have an argument, but even then it's a weak one... Yes, a USC degree can get you an interview, but you still have to make your way up in the industry on actual ability.

You responded to an MBA, not a film degree. Most people getting an MBA are doing it to give them more upward mobility in their current company. In that case, getting a $10K LSU MBA is absolutely a fair comparison to a $200K USC MBA. No way the USC degree is worth 20x, probably not even 2x depending on the networking one might rely on post-degree.

And I'd bet the return on investment for an MBA in the social work field is also much better at LSU than USC.

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These schools also need to be held accountable for this. They shouldn’t be able to charge that much money for a worthless degree.

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People need to be held accountable for their decisions.

A few facts to help frame this discussion:

1. Half of the people in the US have an IQ at or below 100. These people do not have the intellectual capacity to understand cost vs benefit analysis.
2. The people with IQ’s above 100 have been bombarded by every teacher since KG telling them “you have to get a college degree”.

Then, you add a government that allows predatory lending like college and 7 year car notes and interest only mortgages.

It’s a recipe for disaster and the only way to fix it is to place the risk on the lender. It would stop immediately.