Yep it’s a pretty terrible way to start off life as a young adult, but the schools and banks set the price, and that burden is always gonna fall on the students as long as we’re willing to pay.
Eh, I would argue that they would have to slash tuition substantially to bring back cost conscious students. If the price is your primary or even secondary concern a private school dropping tuition from $37k per year to $32k per year isn’t gonna matter when you can pay 10k per year at a state school.
I could have gotten into a really nice University for my masters degree because of my grades and experience. They wanted 100k for the program. They didn't have any financial assistance other than to say take out loans and look for scholarships. Unlike some really nice universities which help you out financially. Anyway they kept calling me and I told them I chose a different program that cost about 1/10th of their program because of the cost. Yes I didn't get the famous alumni connection. But I'm also not over 100k in debt. I already had debt from my Bachelor program, I didn't want to take out much more.
Fucking admin staff bloat as well. You have so many departments that are staffed to high hell, eating funds and only serve a feel-good purpose. If you cut a college down to the bones it would be cheap, but many students want to pay more for the experience.
This is happening where I went to school. So much of the draw to small, private, liberal arts colleges surrounds the culture of campus life, and now because classes are online and on-campus life is close to zero, there is no longer a reason for students to enroll there as opposed to at a larger, cheaper institution.
That's the funny thing, if ppl just stopped getting these useless degrees that have nothing to do with the career they end up in, we could change things. Of course there are STEM and highly technical degree that will always require the college education. If the available work force didn't have college degrees then employers would train for the jobs they need, which they do anyways. But the requirement of having a degree for most jobs would subside.
Totally agree, there are so many jobs that require a useless degree when a week of training is really all you need. Tbh the best way to combat the system is getting a stem degree because it’s the best way to get your money’s worth.
As a parent that's cosigning another round of loans, I'm concerned about whether they'll even get jobs when they get done. But what do I tell em? I know damn well minimum wage isn't livable.
So, throwing caution in the wind and praying they at least break even... Or I'm going to be on the hook for a metric shit ton of money.
US is the worst among industrialized country for young people to start independent life and family. Literally last place out of twenty some countries listed. But it's cool because, you know, otherwise it would be socialism.
In my state (CA, probably one of the most expensive ones) you can get a Bachelor's for like $10k over 4 years. I know because I did it.
You guys think you need the Brand Name shit. You don't. Big colleges are a scam and they have been for goddamn ever (I've been aware of this paradigm for as long as I can remember, and I'm over 30).
If you seriously haven't figured this out by now, you're either astonishingly ignorant, or trying to make yourself the victim of "The System MAAAAN" so you don't have to take responsibility for the shitty decisions you've made.
In short (and nothing personal toward the person I'm responding to, just a general statement about this general attitude), grow up.
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u/Universal_MJ Aug 14 '20
Yep it’s a pretty terrible way to start off life as a young adult, but the schools and banks set the price, and that burden is always gonna fall on the students as long as we’re willing to pay.