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I agree that both guidance counselors and professors often fail to really lay out how practical not only a certain degree is, but how the job market really is outside for that degree or field. Very seldom do they really lay it down. For example, in policy or political fields in the real world, almost no one in a graduate school of policy says that getting a good job is nothing but having high level connections or a powerful family. They didn't tell me that, even though they are well known policy makers or leaders. I know they know...
originally posted by: bigfatfurrytexan
originally posted by: Gothmog
Its called entitlement. I paid for an education that stated MAY help me get a job . So , therefore I am entitled to a job making 100 thou a year the instant I get my degree...
That isnt entitlement. Its investment. Schools recruit empty headed kids with big promises, then fail to direct as relevant.
Its only hurting the schools to keep churning out liberal arts degrees that cannot be monetized. The schools make the empty promises....they need to take some responsibility in return for the tens of thousands they receive.
Eta...funny enough, i asked my family their thoughts on when a student would do this and how it would work out. 3 days later i see this headline. Ive seen it coming.
As I’ve written previously, the financial model of many colleges and universities -- based on high tuition and high financial aid -- has put the educational and financial goals of universities at cross purposes. Wealthier students pay more in tuition, while poorer students cost the school money. Yet taking more wealthy students and fewer poor students makes college less accessible and less diverse. Similarly, out-of-state students pay higher tuition at public universities than in-state students, so the pressures to bring in more money results in colleges straying further from their goal of educating a state’s students.
Colleges issuing more debt face this paradox even more starkly. To keep their borrowing rates as low as possible, colleges want to keep their credit ratings as high as possible. But credit rating agencies, like Moody’s, could not care less about how accessible the school is to low- and middle-income students when they are assigning a credit rating. What they do care about is how stable a school’s revenue source is, which means encouraging a higher percentage of wealthy and out-of-state students.
But this is not simply a case of plugging holes in the budget. Researchers Charlie Eaton and Jacob Habinek of the University of California - Berkeley found that borrowing goes above and beyond simply replacing public disinvestment. They showed that more borrowed money goes to fund “amenities” projects rather than education-related projects. (Their latest findings and data will be released in the coming month). Universities are making the bet that they can build new sources of revenue: rather than put funds into education, they are investing in areas with potential income streams. New buildings like medical centers, sports stadiums, or dorms can bring in fees and sales, regardless of educational value – and therefore create new openings for more money to come in. Additionally, schools are doubling down on the college arms race: they are hoping to translate this auxiliary spending into higher rankings or more prestige, which can hopefully bring in money from donations, research grants, and more.
The new emphasis on borrowing money to fund the higher education system means that colleges want to keep their borrowing costs as low as possible. In addition to drawing in more out-of-state students (for public universities) and more wealthy students (everyone), schools have lowered their borrowing costs by expanding the pool of collateral against which they borrow. Schools that use “general revenues,” which includes student tuition, to back their borrowing can borrow at cheaper rates than if tuition is kept out of the deal. Take a new parking lot, for example (since UC-Berkeley ranked 1379th in College Prowler’s list of colleges with the best parking options). If UC borrows against general revenues, it can borrow at Aa2. If UC borrows against limited purpose revenues, like the potential revenue from its new parking meters, it borrows at Aa3. It can also restructure in other ways to borrow more cheaply, but these moves carry risks.
originally posted by: AugustusMasonicus
When you're dropping $40-70K per year on tuition you now need some value added benefits for that absurd amount of money.
originally posted by: bigfatfurrytexan
a reply to: Edumakated
What drove me nuts with my oldest is he majored in journalism. Then his junior year he was lamenting the job choices, and I gave him a 3 second "i told you so", followed by 45 minutes of stuff he needed to be doing.
"Have you started a blog to build a body of work?"
"How many semesters have you applied to work at the Toreador (the campus paper)?"
"What kinds of journals are you keeping? One for fiction, one for creative brainstorming, etc? What? None????"
He's not dumb. He should have been in STEM classes, actually. But he has always gone with the romantic notions that blow from random directions.
Yeah, he was very poorly prepared to leverage a degree that is almost impossible to leverage to begin with.
I'm sure that was interesting returning to school with so much experience.
originally posted by: lakenheath24
a reply to: Quetzalcoatl14
I think my perspective if it being easy is because I spent 24 years in the military, and THEN went to school on my GI Bill. It's a whole lot different when you are doing it for yourself and know you only have so much time to get your degree done(36 months), so you work hard at it.
I just find it appalling at the way some people write. On here, meh, but a no kidding 20 page paper, it looks like high school level work.
They do, but there is large variance by program in the accuracy and honesty. Some programs have better guidance offices and job placements than others. Also much variance by school.
originally posted by: bigfatfurrytexan
a reply to: bender151
Its been a long time since I tried to attend college....
....do they provide placement or employment stats to folks choosing their major? That would really help, along with listings of job titles that one could expect to use their education in.