Bad Economics: College degree’s & Income inequality

Discussion in 'Economics' started by Innervoice, Feb 14, 2023.

  1. Isn't that where the COVID vaccine deniers got their "knowledge?"
     
    #41     Feb 17, 2023
  2. Pekelo

    Pekelo

    I will help you out:

    https://ocw.mit.edu
     
    #42     Feb 17, 2023
    Frederick Foresight likes this.
  3. VicBee

    VicBee

    Right, jobs get replaced all the time and no one is owed their job. Clerical white collar work has been going away for a long time. They remained only because the high school educated executives couldn't figure out the difference between Word and Excel. But things change, execs grew up with IT systems, ppt presentations and pivot tables.
     
    #43     Feb 17, 2023
  4. Innervoice

    Innervoice

    My point is that so many students are getting useless degrees they cannot utilize in the real world. Just as important, they arent being taught anything useful or practical in college with the classes they choose to take.
    The result? We have a bunch of spoiled kids complaining there is income inequality and no jobs. To make matters worse its the real workers and tax payers that are negatively affected. The tax payers subsidize a large portion of college educations though grants and government programs. To add insult to injury, college tuition skyrockets and the kids that work hard in school and want to get meaningful college degrees are the ones that wind up getting hit wilth high tuition bills.
    What do you call someone with a communications degree? An activist. Thats usually what they become when they cant find a job with a useless degree.
     
    #44     Feb 17, 2023
  5. VicBee

    VicBee

    Ok, I will say it... You're a simpleton repeating the same thing over and over, ideas that come right out of Fox commentaries.
    Just no interest in your comments
     
    #45     Feb 18, 2023
  6. deaddog

    deaddog

    A degree shows an employer that you have the ability to get through college. Now they know you have the ability to learn. My degree got me in the door, what I did after that was up to me. FWIW I never used any of the stuff I was taught. 5 years or so after I graduated most of it was obsolete.
     
    #46     Feb 18, 2023
  7. VicBee

    VicBee

    And today you can articulate ideas that are your own and question some of your thoughts in light of new inputs....
     
    #47     Feb 18, 2023
    Frederick Foresight likes this.
  8. It's funny how the socialists here can't even see the exorbitant cost as a problem to be solved.

    Somehow the government paying the cost entirely will somehow magically remove the burden of that cost from society! Stuff paid for by you taxes is free!!!

    $39,723 tuition and fees for a private school these days. Removing the direct effect of that cost from the student and placing that cost on "society" is only going to make the problem even worse.

    Then there's the matter of degrees that you shouldn't even be able to borrow money to get. For example, the SUNY system offers a degree in "Canadian Studies". What exactly is the career track for that? How many art history majors should we really be educating at taxpayer expense?

    What we should be doing is requiring that schools carry a portion of a student's debt and change the bankruptcy laws to allow a some to discharge student debt in bankruptcy after 10 years or so.
    Schools need some skin in the game so they start aligning their programs with the market.
     
    #48     Feb 19, 2023
  9. VicBee

    VicBee

    I don't disagree that all should have skin in the game. Right now university make significant profits, loaning institutions make significant profits, government benefits from educated segment of its population and the student with aspirations takes on all the cost.
    I know, when republicans come short of words they like to refer back to comfortable markers, like "socialists". Why don't you apply the term to our big military machine?

    The other cliche degree is art history, as if that study is the source of capitalism downfall. Or are you all going back to your Fox source?
     
    #49     Feb 19, 2023
  10. deaddog

    deaddog

    As a tax payer I have difficultly rationalizing why I should pay so someone can get a degree that will eventually lead to them getting a better paying job than I have.
    College/University education is an investment in your future earning potential. Why should the public pay for that?
     
    #50     Feb 19, 2023