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re: Why are boomer parents so dedicated to the college scam?
Posted on 3/27/23 at 2:32 pm to burger bearcat
Posted on 3/27/23 at 2:32 pm to burger bearcat

Posted on 3/27/23 at 2:34 pm to Demshoes
quote:
Doesn't have to be like this. Not sure where you are located, but I am sure there are similar type deals everywhere.
LSU tuition with TOPS, room and board is around $60k all in for four years. Most of that amount is for rent and food. So if your kid is willing to live at home, LSU would be about $16k for four a four year degree.
Yes, while college is more expensive than it used to be, much of it is exaggerated by private school and out-of-state tuition.
Virtually every person in Louisiana lives within driving distance of a 4-year university, or at least a junior college.
A degree can be had relatively cheaply. Much of the expense is room and board, as if they don’t have to eat and live regardless.
Posted on 3/27/23 at 2:35 pm to burger bearcat
quote:Where are you finding it this cheap?
$100K
Posted on 3/27/23 at 2:36 pm to Houag80
quote:
Both my plumber and electrician are banking between 350-500k per year.
That's a whole lot of money you're assuming "the other guy" is making, especially if they are working for someone else. OTOH, if they're self-employed, they are covering expenses with those earnings. The grass isn't always greener over yonder.
Posted on 3/27/23 at 2:37 pm to FriscoTiger1973
quote:
The quicker all Boomers are gone, the better off we will be. They are a worthless generation.
As a boomer...frick you
Posted on 3/27/23 at 2:39 pm to Zach
quote:That was a pretty small window. They ended deferments in 1971, but Nixon stopped the draft practically in 72 and formally in 73.
Early years. Later the college deferment was eliminated while the war still continued. Lotta guys got the freshman year in while 18 y.o. and then got drafted.
Posted on 3/27/23 at 2:43 pm to Bjorn Cyborg
quote:
Yes, while college is more expensive than it used to be, much of it is exaggerated by private school and out-of-state tuition.
Virtually every person in Louisiana lives within driving distance of a 4-year university, or at least a junior college.
A degree can be had relatively cheaply. Much of the expense is room and board, as if they don’t have to eat and live regardless.
Hammer meets nail.
Agree 100%.
I've got a freshman in college, a high school junior doing dual enrollment, and 2 more behind them.
86% of our expenses are just room and board (which he would be paying anyway the second he leaves home).
Posted on 3/27/23 at 2:43 pm to Houag80
quote:Well for christsakes!
Both have 6 2 man teams with trucks.
The premise is ...not everyone needs to go to college.
So when you say "Both my plumber and electrician are banking between 350-500k per year," what you mean is two business owners I know are banking 350-500k.
The two dozen (non-business owner) electricians and plumbers working for them aren't quite that fortunate.
Posted on 3/27/23 at 2:46 pm to burger bearcat
All depends on what your kids want to do. I don’t think you can have a broad approach for this discussion. I wanted to be an engineer. I worked construction in the summer, but I wouldn’t be where I am without college. Not everyone parties in college btw.
Posted on 3/27/23 at 2:56 pm to burger bearcat
$100? Try $250 without room and board at private colleges. Obscene $$
Posted on 3/27/23 at 3:09 pm to burger bearcat
Well what do you do? My job literally requires a graduate degree.
Posted on 3/27/23 at 5:42 pm to Bjorn Cyborg
They created the businesses from nothing and grew them to what they are today. I don't get the negativity.
Some of the dumbest people I know, and, I include myself at times, are college graduates.
Some of the dumbest people I know, and, I include myself at times, are college graduates.
Posted on 3/27/23 at 5:43 pm to NC_Tigah
If they take care of their shite...they most certainly can be.
Posted on 3/27/23 at 5:49 pm to Houag80
quote:
They created the businesses from nothing and grew them to what they are today.
And likely didn’t turn a real profit for 2-3 years. Don’t play dumb.
Posted on 3/27/23 at 5:54 pm to burger bearcat
I’m not sure we are? My kids did two years at home at the local university then transferred into a more respected school to finish up.
I do agree thé quarter system was much easier to navigate from my time, but they all went to this semester system and it’s difficult to say the least.
I come from a family of highly degreed intellectual people of whom I’m loosely associated with but caught my Grandfathers penchant for making a dime out of a penny the right way.
I’m proud of my kids and they are doing well-independent / financially so to speak.
They still have to pull weeds in the garden and around the house when they come back home.
Some things degrees don’t change.
I do agree thé quarter system was much easier to navigate from my time, but they all went to this semester system and it’s difficult to say the least.
I come from a family of highly degreed intellectual people of whom I’m loosely associated with but caught my Grandfathers penchant for making a dime out of a penny the right way.
I’m proud of my kids and they are doing well-independent / financially so to speak.
They still have to pull weeds in the garden and around the house when they come back home.
Some things degrees don’t change.
Posted on 3/27/23 at 6:21 pm to Bjorn Cyborg
quote:
Yes, while college is more expensive than it used to be, much of it is exaggerated by private school and out-of-state tuition.
That's BS. Unis do prefer out of state students because of the extra money, but out of state fees get waived or granted repeatedly depending on the kid.
Maybe you don't recall when TOPS was passed, but nearly 30 years ago, when I read the text of the law, I predicted that "fees" which weren't covered, would become the majority of "tuition." The majority of the numbers published by LSU here are bullshite, because it cost me more to attend school (without booze and brunches) decades ago. Do you not notice at this link (PDF warning) the amount of straight fees? I surely should already know why kids need to be charged an "Academic Excellence" fee in addition to a "Student Excellence" fee. And a building use fee, the technology fee, an "operational" fee, etc. Operational fee? WTF? Is that for garbage removal from the quad?
Undergrad *tuition* fees go from $4002.55 a semester for a 12 hour load to 4014.55 for an extra class (15 hours.) But if you drop to 11 hours (barely part time) tuition drops to $2885 (not including fees, same as the full time quotes.) A single credit hour vaults you from $2885 to $4012. Why? What's the justification?
This doesn't change the fact that outside of certain professions, the degree only teaches you how to follow rules on how to graduate. That does have a value, but not "$60k" worth of value. There are other places where they pay you to learn the same rule in 6-12 weeks, and it's called basic training.
College has been social posturing for parents and kids for at least 20 years.
Posted on 3/27/23 at 6:21 pm to Nawlens Gator
quote:
I can't understand why parents think they have to pay big bucks for their kids education.
Depends on the kid, what they are capable of, and what they want to do. And yeah, it’s expensive AF. But she has consistently demonstrated to be a serious student who can handle the rigors of the school. Plus she does not want to live in the South.
Now my son is an entirely different story. And while he might be innately more intelligent than his sister, he lacks the basic discipline to risk investing in such an expensive school unless he does a complete 180 in his approach to school.
As a parent, it’s really difficult to say no to kid when they get into a top 20 school.
This post was edited on 10/23/23 at 1:07 pm
Posted on 3/27/23 at 6:32 pm to burger bearcat
I agree with both of you. A college degree has become a check list. Big corporate HR's are already starting to use AI to sort through resume's. So college will be a pre-requisite for most middle class jobs.
Now that being said, AI will not discriminate on Vanderbilt vs UTk. The goal for a job seeker is to first get an actual interview to sell yourself. Attending the most expensive colleges do not always bring the ROI that you think. I have peers that have graduated from Dartmouth down to Univ of Phoenix. We all make roughly the same.
I've had to have the same discussion with my kids. They have both done well in college but think most of it's a waste of time. My daughter made one "C" in college... it was a mandatory DEI course.
Now that being said, AI will not discriminate on Vanderbilt vs UTk. The goal for a job seeker is to first get an actual interview to sell yourself. Attending the most expensive colleges do not always bring the ROI that you think. I have peers that have graduated from Dartmouth down to Univ of Phoenix. We all make roughly the same.
I've had to have the same discussion with my kids. They have both done well in college but think most of it's a waste of time. My daughter made one "C" in college... it was a mandatory DEI course.
Posted on 3/27/23 at 6:33 pm to Houag80
quote:IF they take care of their shite...???
If they take care of their shite...
Do you own a business?
Have you ever owned a business?
WTF do you presume you mean by "If they take care of their shite..."?
This post was edited on 3/27/23 at 6:34 pm
Posted on 3/27/23 at 6:38 pm to David_DJS
quote:
It used to be a filter. If you had a college degree, it meant you had some intelligence and basic skills, and more important - you had demonstrated the ability to learn.
None of that is true any longer.
There are still majors and fields of study that are of concrete value and assure high chances of success. Marxist Interpretive Dance and anything remotely related not being the case.
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