Posted on 08/17/2016 7:20:10 PM PDT by Lorianne
One of the most perplexing questions on the minds of young Americans today is whether college is worth the associated tuition cost. It is rather humbling to see that $1.4 trillion in student debt is outstanding today. That is more than auto debt and credit card debt. College tuition has outpaced virtually every category that is tracked in our inflation measures. It has out run housing prices. It has left healthcare in the dust. It has crushed wages which are stagnant for nearly a generation. The last item is probably the most important measure to examine. If college is worth it, why have wages gone stagnant all the while tuition prices continue to go up? Is it because of federal loans? Is it because of mega complexes being built? Or is there something else going on?
The $1.4 trillion question
College tuition wasn’t always so out of control. There seems to be a “price growth through debt” phenomenon going on here. We’ve seen it with housing and also automobile costs. The financing of the system via Wall Street and big banks has caused a runaway inflation in base prices. As wild as housing and auto prices have gone, they simply pale in comparison to college tuition.
(Excerpt) Read more at mybudget360.com ...
They used to give aptitude tests before the USSC declared the tests discriminatory (Griggs vs Duke Power). So the alternative was to require something that would show ability. Voila! Require a college degree in the area of work.
Physicians
Pharmacists
Engineers
Chemical engineers
Certain areas of mathematics
Molecular Biology
Artificial Intelligence
Geology when the price of oil is high, today not good
etc.
Yes it does pay, the other degrees, not so much. The chemistry, math, physics and sciences of the above do not suffer fools lightly. If you take the above courses you will not be partying every night or you will flunk out as I did. A few years on the drilling rigs “adjusted my attitude”. I went back and did very well.
I had to take the Federal Government Entrance Exam after I graduated. I scored 98.8. My wife who had graduated at the same time had been given an automatic grade of 100 because of her 3.97 GPA.
She took the FGEE just to see how she would do. She scored 89. I was tickled because my GPA was a lowly 2.2. I think it did surprise her that I beat her so bad. She was named outstanding business student at Oklahoma State and on the Deans list every semester.
I just remembered it was the Federal Service Entrance Exam not Government.
They no longer give it as too many minorities failed it.
In my opinion (not worth much), college isn't worth it for half the kids who go to college. You're better off going to a community college on the cheap, and hitting the work force. For half the kids who go, they try to learn something and as a result become successful, so they don't need to ask the question nor wait for an answer.
It depends on which recent decade you got the degree.
Student loans are not washed away by bankruptcy, the college KNOWS that lib art degrees provide little of value unless a kid goes to law or biz school, but even that is not the ticket it once was:
The risk the kids face with such degrees is infinite but the schools face ZERO risk —the debt will be paid or will NEVER go away. In fact with interest the schools WANT them paid off late and often have instititional relationships with the collection agencies:
Far from making sure kids AVOID becoming slaves to companies, the schools THEMSELVES are performing the enslavement.
“Broaden your horizons..” blah, blah, blah.
The Left is deliberately misleading credulous young people, playing the evil role they always SAID would be played by Evil Corporationsssssss...
The degrees are valuable?
Fine —let the colleges SHARE the risk by making student debt dischargeable via bankruptcy.
Let them ACT the way they TALK.
Or:
No Federal Loans for the increasing number of useless liberal arts degrees.
LOL!!!
A liberal education and a liberal professor are different things.
A good liberal arts education helps a diligent student learn how to think for himself or herself through an understanding of logic, grammar, rhetoric.
A college education is what you make of it.
Anyone interested in reading about what they may have missed: “The Trivium” by Sister Miriam Joseph. Believe it was taught in a good Catholic high school. (Writer Mark Steyn had a good secondary education w/ no need for college.)
You can save yourself four years and thousands of dollars.
Trade school is worth it.
My best instructors were practicing accountants, not academics.”
My college accounting teacher was a CPA, guy who taught my business law class was a practicing attorney, economics teacher also ran his own business during the day. None of them had teaching degrees and I learned a lot. IMO there is no reason why accountants, engineers, people with math and science degrees can’t teach junior high, high school and college classes in their degreed field. Teacher’s union would never, never allow this to happen but kids would get a much better technical based education instead of so much garbage.
Bump for later!
Say what you will about the value of a college degree, but it still is the price of admission if you want an interview with a Fortune 500 company.
Four year liberal arts degrees get people used to working drive through microphones.
Got my Bachelors in Engineering, specifically Fluid Physics and Dynamics.
Never really used it except to be a better plumber.
Being a smart plumber bought my wife a new car every 2 years and paid for our house 10 years early.
Was a plumber 8 years before I went back to school, only went back because I wanted to be better at my trade.
Retired now with 2 homes bought and paid for; property in Washington state, Nevada, Idaho, and Arizona.
Don’t know what I will do with the out of state properties, but they are nice to have.
Going back to school as soon as my wife is retired (1 more year), want to learn more geology now.
ABSOF#CKINGLUTELY.
It’s worth it if you go there to learn. If you go there to party and protest, you’re wasting everyone’s time and money. Unfortunately, a lot go to college for the latter.
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