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Connecting Degree Return-On-Investment with a Better Financing System
James G. Martin Center for Academic Renewal ^ | June 15, 2022 | Roger Meiners

Posted on 06/15/2022 7:54:52 AM PDT by karpov

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1 posted on 06/15/2022 7:54:52 AM PDT by karpov
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To: karpov

why not only Pay Go?


2 posted on 06/15/2022 7:57:19 AM PDT by Rurudyne (Standup Philosopher)
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To: karpov
Journalism degree =
3 posted on 06/15/2022 7:59:22 AM PDT by z3n (Kakistocracy)
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To: karpov

Interesting idea.

Some fields of study in college lead directly to job and career paths, using that education. Many college majors do not translate into jobs and careers in the job market after graduation. It is good for students and parents, to have eyes wide open, about this sort of information.

A student wants to major in philosophy? Well, it’s good to have this information that the job prospects are poor. Have eyes wide open what a given degree can do for you after college.


4 posted on 06/15/2022 8:03:00 AM PDT by Dilbert San Diego
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To: karpov

For decades this type ofinformation has been readily available on various websites.

Maybe the UT data is specific to their grads.


5 posted on 06/15/2022 8:07:04 AM PDT by TexasGator (UF)
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To: karpov

These people appear to be morons. A person with only a high school education can make a fortune in SALES. One can sell vacuum cleaners, burglar alarms, electronics, and computers ..real estate....etc .....commissions on computer sales can be 3-10%. A friend with no college had one sale in PC`s that was $2 million USD. He made $200,000 USD in one hour. Software sales also ditto can be a fortune maker. Evidently these study idiots have never run a business and never made a profit in their lives. 15 year High school students with startups usually make one million or more with VC`s. investments...


6 posted on 06/15/2022 8:14:08 AM PDT by bunkerhill7 (That`s 464 people per square foot! Is this corrrect..it was NYC.)
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To: karpov

Good to see the salary and ROI quoted for mechanical engineering at UT-Arlington - that’s the school my Son attends and degree he’s pursuing now.


7 posted on 06/15/2022 8:18:29 AM PDT by Made In The USA (Ellen Ate Dynamite Good Bye Ellen)
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To: Dilbert San Diego

“Some fields of study in college lead directly to job and career paths, using that education. Many college majors do not translate into jobs and careers in the job market after graduation. It is good for students and parents, to have eyes wide open, about this sort of information.”

Back in the 60’s one of the most pursued degrees was the MRS.


8 posted on 06/15/2022 8:19:03 AM PDT by TexasGator (UF)
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To: bunkerhill7

“These people appear to be morons. A person with only a high school education can make a fortune in SALES.”

Possible but odds are not in your favor.


9 posted on 06/15/2022 8:22:36 AM PDT by TexasGator (UF)
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To: karpov

3 +decades ago, one of our sons was graduated from a good engineering school with a double degree. He had worked at college sponsored preceptorships for 4 summers. He had a good job offer from that company. Before he went to work, that company declared bankruptcy.

In two weeks, he had a better paying job with a better company.

A neighbor, fellow church goer and a teacher asked how he got a job so quickly when other grads couldn’t get an interview.

He told her, he had a real degree with summers of good work experience instead of travels to Europe or where ever.

Last but not least he told her that his degree was a real degree, not an IUD aka Instant Unemployment Degree.

Decades later, she still defends the IUD’s.


10 posted on 06/15/2022 8:24:41 AM PDT by Grampa Dave (Has anyone, recently, seen a Biden sticker on any vehicle and in particular at/in a gas station!!!)
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To: bunkerhill7

“He made $200,000 USD in one hour.”

ROTFLMAO!


11 posted on 06/15/2022 8:26:50 AM PDT by TexasGator (UF)
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To: karpov

I think present-day students don’t think about the return from their education. They major in what they are interested in. To me, if they take out a student loan, they are completely responsible to pay it back. After all, the return from their choice accrues directly to them. If they make a bad choice in financial terms, that’s on them, and it sure as hell isn’t on me. Asking taxpayers to foot the bill is just plain unfair and stupid...it’s a vote-buying scheme. I wouldn’t have a problem with Debtors Prisons for those who forfeit on payments.


12 posted on 06/15/2022 8:34:40 AM PDT by econjack (I'm not bossy. I just know what you should be doing.)
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To: Dilbert San Diego
I like the concept of a university posting average salaries for each of their majors. But I wouldn't bank on it for two reasons:

1) Are we really expecting universities to start all of a sudden telling the truth about the real values of their degrees after they've lied to us for decades? No thank you.

2) Before going to college and choosing a major, first choose a career. Talk to people already in that field what kind of training is good. They'll tell you which majors at which colleges are good for that industry -- if you need college anyway. If you think about it, your mama will be proud of you getting whatever degree you get from whatever school, but she's not the one you need to impress to get a good salary. Before spending time and money in college you might as well ask the people who you want to one day pay you, ask them ahead of time what kind of training will make them want to employ you. Especially if it's a tech or engineering field where the details matter (like my computer science degree).

13 posted on 06/15/2022 8:53:54 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

“I like the concept of a university posting average salaries for each of their majors. But I wouldn’t bank on it for two reasons:”

College tuition should be based on major/minor and career. The college application should include career aspirations. A degree in French Cultural Dancing and Literature should not cost the same as a Degree in Chemical Engineering. The one price fits all undergrad tuition system is deeply flawed in this respect.

The French Cultural Dancing and Literature degree ensures you will get an interview at Starbucks while the Chemical Engineering degree will ensure you get an interview with Shell Oil.


14 posted on 06/15/2022 9:56:43 AM PDT by EQAndyBuzz ("Todays conspiracy theory is tomorrows spoiler alert." )
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To: TexasGator

He sold Japanese computers to the US govt .found em sitting
In a govt warehouse in Canada


15 posted on 06/15/2022 10:15:56 AM PDT by bunkerhill7 (That`s 464 people per square foot! Is this corrrect..it was NYC.)
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To: bunkerhill7

Another friend sold integrated circuits by the truckloads to defense contractors..made 3000$ a day. Sourced em out of South Africa who had traded em for gold..right now opportune st are making $100,000 a day sourcing electronics out of US and Euro warehouses to Ukraine military


16 posted on 06/15/2022 10:20:35 AM PDT by bunkerhill7 (That`s 464 people per square foot! Is this corrrect..it was NYC.)
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To: TexasGator

Apparently onehas not been in business cutting edge hi-tech ...firstest gets the mostest..been there done that it’s cutthroat biz best man always wins..the opportunities are always there..supply and demand = supply side always wins big bucks


17 posted on 06/15/2022 10:24:45 AM PDT by bunkerhill7 (That`s 464 people per square foot! Is this corrrect..it was NYC.)
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To: TexasGator

Another friend made $20,000 in one hour sourcing ic circuits from Seatttle mfg direct to satellite mfg ...when technologies lag in one sector, surplus chips become in demand on the market at 300%. Demand makes the price to up because of item scarcity....Econ 101 right now due to China embargo by Biden, any chip warehouse in USA Euro, etc are s worth 300% or more...it’s a killing...supplies dried up,prices go up buylow sell high


18 posted on 06/15/2022 10:32:46 AM PDT by bunkerhill7 (That`s 464 people per square foot! Is this corrrect..it was NYC.)
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To: EQAndyBuzz
College tuition should be based on major/minor and career. The college application should include career aspirations. A degree in French Cultural Dancing and Literature should not cost the same as a Degree in Chemical Engineering. The one price fits all undergrad tuition system is deeply flawed in this respect.

Except a good portion of the undergraduate is the same classes. English, politics, history, government, art, econ, every degree requires the liberal arts group for your 'well-rounded' education. Shoild those classes be different charges based on degree choice? Or just the degree-specific classes?

UTA does something like this - there's base tuition charges, then different departments have a surcharge. So MAE undergraduate classes cost an extra $100 per credit-hour, or something like that. Degree program is even more, and graduate stuff more on that.
19 posted on 06/15/2022 10:53:17 AM PDT by Svartalfiar
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To: Made In The USA

What year is he? I’m there as well, doing aerospace, but we share lot of the classes


20 posted on 06/15/2022 10:54:15 AM PDT by Svartalfiar
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