and that's a hole that will last through all four years of that class... now, maybe next years hole will be even bigger!
Posted on 08/23/2017 11:16:15 AM PDT by Lockbox
Enrollment is down more than 2,000. The campus has had to take seven dormitories out of service.
(Excerpt) Read more at wsj.com ...
2,000 people impacted 7 dorms?
There are a few degrees that lead to a fairly reliable payback. A nursing degree or engineering degree will fairly reliably lead to a higher standard of living, especially if you can graduate without taking loans.
A degree not associated with a specific career path generally is just a check box for promotion at some point but does not necessary lead to a higher standard of living. It will probably lead to a slightly higher standard of living at some point if there are no student loans to pay off. Combining one of these low performing degrees with a large student loan will pretty much guarantee a lower standard of living. Getting that degree at a private university and paying with borrowed money is down right self-destructive unless you happen to be a trust baby.
My boy joined the military and is getting an engineering degree without taking loans, I think he will be OK.
that’s the story, that would be about 285 people per dorm.
The best thing about Virtual College is that it will have to deliver value or no one will bother. No more “LGBT Studies” and other stupidity.
and that's a hole that will last through all four years of that class... now, maybe next years hole will be even bigger!
The Left/Media/Dems are in a pickle: To them, Social Media and Entertainment are the “real” world.
They will do ANYTHING to appear looking bad in the alternate reality they live in.
Unfortunately (for them), record numbers of Americans are quickly tuning OUT of the fake world , but the Dems are stuck.....They DARE NOT hold their ever-shrinking base to account for their idiocy for fear of losing power, yet anyone with a measurable IQ is laughing at them.
You couldn't be any more correct about the check boxes. When I'm hiring, I see a degree and so long as it doesn't raise a red flag (Social Justice Studies? Forget it.), I think "That's nice" and move on to find out what they really know. At least in IT, college has little to do with reality.
I was thinking about this last night and would amend my statement with the thought that a lesser-performing degree can be helpful if it is obtained with an eye to further education, for instance in law or medicine.
But that too is a risk. An investment of significant time and money, in expectation of a higher standard of living much later.
In my own personal case, I earned an engineering degree that I never used; I couldn't find a job in it after college, went into IT instead. Some time, and a couple of rounds of outsourcing later, I started looking to move into management. An MBA at a local, well-regarded, school would have run me about 50K (along with time spent).
At the time, there was (and still is) an enormous glut of MBA's on the market, and my company was hiring them at $9/hr to work the telephones. I said, "There's no ROI, here, unless I'm in the top 2 or 3 in the class, and even that's not a guarantee". So, I found another path to job stability, instead. Risk far outweighed the reward.
There are way too many lawyers, I don’t think a law degree is a good investment at this time.
I have a medical degree, I advised all of my kids not to go to medical school. My school was paid for by the military so I didn’t have any loans after I graduated which gave me a lot more freedom in choosing what I did during my career. Still, after the changes wrought to the field by the government, I decided to walk away from practice a few years ago, it’s the second time I’ve done that but I don’t see myself going back again, it’s just not fun anymore and I can find satisfying work that pays the bills doing consulting, and professional writing.
My brother has an MBA and lost his job in the 2008 crash. He realized that he wasn’t getting any call backs and decided to remove any mention of the MBA from his CV. He immediately started getting interviews. The MBA was actually preventing him from being considered for the type of work he had been doing for the previous decade.
My daughter is picking up her nursing degree and my youngest son thinks he would like to be in the FBI and is planning on an accounting degree and joining the guard as an MP to pick up some law enforcement experience and pay for his school. I think they all have good plans and are way ahead of where I was at their age.
re: Your Brother. Good friend of mine is a former CIO. A few years back, I mentioned, in passing, to him that I'd been offered the CIO position where I was working at the time, and was considering taking it. "Good Grief! Why would you do something like THAT?", was his unexpected response. Said that working as a CIO was an enormous mistake that dramatically limited his employment potential - there aren't many CIO's around, and companies wouldn't consider him for "lesser" roles - even if he genuinely wanted to perform them - figuring that he'd quickly skip out for a CIO position somewhere else.
Good advice. I 86'd the CIO idea, and took a different job with a nice, nebulous title. I'm much happier. :-) Long story short, I completely understand your brother's position.
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