College isn't just "not worth it", unfortunately, it's a negative.

Discussion in 'Economics' started by wilburbear, Aug 8, 2012.

  1. Everything...it will help you tremendously .. if your not into reading then it won't work.. but there is no easy way to success
     
    #91     Aug 14, 2012
  2. newwurldmn

    newwurldmn

    #92     Aug 15, 2012
  3. Obviously! Education helps. But its fucking over rated
    .. we don't need no thought CONTROL. HAHA
     
    #93     Aug 15, 2012
  4. Its used as a screening tool, no degree no look. My wife never completed college and she is overlooked often even though she was a 2 time president's club member at a company she worked for, and not in RE LOL.
     
    #94     Aug 15, 2012
  5. in the real world of business.. where you make your own way... "own your own business" people with educations work for you..
     
    #95     Aug 15, 2012
  6. newwurldmn

    newwurldmn

    This focused on recent grads - not experienced people.
     
    #96     Aug 16, 2012
  7. The question I have....

    Is it by design or unintended consequence?

    Just using rough numbers to make a point.

    If the mba degree is worth an additional 100k over a working lifetime. Why and how did it end up that the student has to pay the 100k educational expense up front?

    Some how the monetization of the degree has stripped all of the value from it in economic terms.

    The student has become a cash churner.
     
    #97     Aug 16, 2012
  8. piezoe

    piezoe

    This thread is about the value of a college education so I don't want to digress, but I thought I would post a link to a comment I made in another thread re tuition increases. To summarize, tuition has either "skyrocketed" or barely kept pace with inflation depending entirely on what inflation number you use. Here is the link.

    http://www.elitetrader.com/vb/showthread.php?s=&postid=3528297&highlight=tuition#post3528297
     
    #98     Aug 16, 2012
  9. piezoe

    piezoe

    Just last night someone I was talking with, who is very familiar with the nature of higher education in our public institutions, made this observation which I think is both germane to the present discussion and also rather profound.

    He noted that beginning with the G.I. Bill and accelerating somewhat after Johnson's Great Society, there has been a subtle drift in the curriculum emphasis in our public institutions away from traditional liberal arts studies toward job training. For example, if you go back before WWII, you won't find architectural or electronic technology, as opposed to architecture or electrical engineering, in the curriculum of public universities. Today you will find it.

    He expressed the opinion that eventually majors such as philosophy, classics, even foreign languages (as a major) would disappear from the curriculum of the public universities and that other humanity majors such as, English, history, etc. would receive much less emphasis, with graduate programs such as Elizabethan Literature, Renaissance History, etc. virtually disappearing.

    Eventually, he predicted, these more esoteric studies would only be available in the expensive, top tier private colleges and universities. And thus he opined that the present represents a transitional period in public higher education when a person of ordinary means can still avail themselves of serious studies in the traditional liberal arts along with job training. Eventually, he predicted, that only the very bright or very wealthy will be able to study in the more esoteric fields because these programs will no longer co-exist with more job oriented programs in our publicly funded colleges and universities.

    I suppose that the taxpayer will insist that he be proven correct. Personally, I hope this does not happen. Nevertheless, it seems to be.
     
    #99     Aug 16, 2012
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  10. MKTrader

    MKTrader

    Worthwhile courses have been replaced by "Learning to Curse," “The Uses of Deviance,” “Unspeakable Lives: Gay and Lesbian Narratives” and other gems from the PC world of academia.

    http://www.goacta.org/publications/downloads/ShakespeareFile.pdf

    If someone wants to study the classics, go to a small private school where you read original sources, learn Latin, etc. Or learn on your own--ample resources available online and at libraries. Tax dollars don't need to be wasted on dumb-downed trashbins that are now liberal arts departments in most public unversities.
     
    #100     Aug 16, 2012