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The Fraud Known As "Higher Education"

Last I saw they start around $18.00 an hour at Caterpillar in Peoria. That was around four years ago. I suppose with overtime they could afford a house. That is if they don't splurge and put some away for the infrequent layoffs.

Just as a side note. A Machine Operator, Grade Four, makes about the same.

Now, one has to realize the contract has two levels. One for the old timers who make more, and one for the newbies who make less so the old timers could keep making more. AND, then there are the jobs leaving, not just for other countries but for other parts of the U.S. such as a recent move to Texas where starting pay is about $12.00 an hour.
I have two friends that are union welders in Cedar Rapids, they both make at least $30 an hour and if they travel it's more then that. One guy worked in Burlington for a year on a job and made over $100K that year.
 
Is a University of Phoenix degree worth anything? Definitely not when compared to the cost. If you were a HR director would you feel comfortable hiring someone who never interacted in a classroom or on campus? Now that was one of the real benefits other than my degrees that I obtained from attending and graduating from a university.
 
Is a University of Phoenix degree worth anything? Definitely not when compared to the cost. If you were a HR director would you feel comfortable hiring someone who never interacted in a classroom or on campus? Now that was one of the real benefits other than my degrees that I obtained from attending and graduating from a university.

I'm sure it varies from company to company but Rockwell Collins doesn't mind a University of Phoenix degree.
 
I disagree that a liberal arts degree helps you improvise, adapt and overcome or think and solve problems. That is intelligence and is a combination of natural ability and learning through life experiences.

I shouldn't say a liberal arts degree doesn't help at all, I think it CAN help hone those skills. I do not think it plays a very large rule in the development is what I should say.

If someone decides to change careers? They go get a degree in the field in 1 year or however long the program is.

I agree it is an uphill battle at the K-12 level but I do think throwing money at it would improve the situation. Money rules the world and if you want to attract great educators and highly intelligent people, that's the way to do it.

That won't fix bad parenting but the majority of kids that struggle in K-12 due to uninterested or downright detrimental parents aren't going to college anyway.

It would elevate the education of those in the middle to upper ranks of their classes that are destined for college. It may also help the lower end students as well.

You are wrong for sure about one part. Teachers in schools teach to the lowest common denominator in the room. Kids that show promise have their learning anchored by those who are at best distractions, at worst dumb. Classes in public schools are divided up in thirds, 1/3 top kids, 1/3 middle, 1/3 bottom. If your solution is to group them by ability I am all for it but be prepared for people to howl. The way it is set up now in our grade and middle schools there isn't much accelerated learning.
 
You are wrong for sure about one part. Teachers in schools teach to the lowest common denominator in the room. Kids that show promise have their learning anchored by those who are at best distractions, at worst dumb. Classes in public schools are divided up in thirds, 1/3 top kids, 1/3 middle, 1/3 bottom. If your solution is to group them by ability I am all for it but be prepared for people to howl. The way it is set up now in our grade and middle schools there isn't much accelerated learning.
Isn't that the way it is in required university core liberal arts classes? What percentage of a world civilization or college algebra class actually want to be there? Probably only those who major in those areas I would guess...
 
Is a University of Phoenix degree worth anything? Definitely not when compared to the cost. If you were a HR director would you feel comfortable hiring someone who never interacted in a classroom or on campus? Now that was one of the real benefits other than my degrees that I obtained from attending and graduating from a university.

I think these charts will answer your questions.

StudentBalancesGraduation.jpg

ForProfitShareDefaults.jpg
 
Very revealing...for profit and 2 year make up 68% of the default percentages. I can understand the for profit but puzzled by the 2 year...any opinions?

There are likely several reasons for the issues with 2 year defaults. You have a higher proportion of low income and minorities that attend these institutions and there are a lot of people that graduate with AA degrees that do not change their position in the job market. These students that graduate will not see increased incomes and they are likely to have poor credit and come from households were there parents had poor credit.

There are also a large amount of students out of high school that go and hide out in a JC for a few semesters while they don't know what they want to do in their life. Anecdotally my best friend attended Kirkwood out of high school. Out of the 16 kid that lived in his apartment building on campus I don't believe a single one made it back for the second year. Weed smoking all day every day. I know he defaulted on his loans and I'm sure many of them did.

Student loans are also treated as an ATM by some. If a person has poor credit and income they do not have a chance to get funds from a bank. What they can do is apply to a online college or community college and take out student loans. Many have no plan on how they will pay them back. I've seen people that have attended multiple JCs and online college with no degree.

Where it gets really bad for them is that with more business doing credit checks it further locks them out of the job market. I've seen people offered jobs only to be stopped at the background check because of credit. It is a vicious cycle.
 
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There are likely several reasons for the issues with 2 year defaults. You have a higher proportion of low income and minorities that attend these institutions and there are a lot of people that graduate with AA degrees that do not change their position in the job market. These students that graduate will not see increased incomes and they are likely to have poor credit and come from households were there parents had poor credit.

There are also a large amount of students out of high school that go and hide out in a JC for a few semesters while they don't know what they want to do in their life. Anecdotally my best friend attended Kirkwood out of high school. Out of the 16 kid that lived in his apartment building on campus I don't believe a single one made it back for the second year. Weed smoking all day every day. I know he defaulted on his loans and I'm sure many of them did.

Student loans are also treated as an ATM by some. If a person has poor credit and income they do not have a chance to get funds from a bank. What they can do is apply to a online college or community college and take out student loans. Many have no plan on how they will pay them back. I've seen people that have attended multiple JCs and online college with no degree.

Where it gets really bad for them is that with more business doing credit checks it further locks them out of the job market. I've seen people offered jobs only to be stopped at the background check because of credit. It is a vicious cycle.
Yes it is. In Tennessee we have the governors program backed in part by the lotto. http://republic3-0.com/tennessee-promise-free-community-college-for-all-students/ not a bad deal. I can understand the statement about 2 year schools and underachievers. I had students in Memphis who enrolled at Southwestern CC that were the most unmotivated kids I have ever seen. No way they were going to last more than a year. It is a racket.
 
My total educational bill including my masters was under 12k...my first teaching/coaching job paid me 22k...my little old teachers pension pays me 43k with yearly cola...for the rest of my life. I can work for now and make 15k...when I hit 66 I can make as much as I want if there are any jobs and I can find someone to hire me. My investment paid off just fine for me...I did exactly what I wanted to do since I was a kid...however for someone waiting tables or tending bar or cleaning out offices for a living and having 60k in student loan debt was the "quest for knowledge" really worth it after all?
What concern of that is yours,Tenn?
I think people are wasting money buying Chevrolets andFords when they could buy Honda's for less money. But, to each their own.
It is NOT your concern. But do remember, things coast more (a lot more) now than they did 40 years ago. Plus, as we thought differently than out parents, our kids and grandkids think differently than us. Values are different....parents don't know how to say "No!" and kids graduate from HS knowing less about real life values and how to make sound decisions that when I was there age.
 
What concern of that is yours,Tenn?
I think people are wasting money buying Chevrolets andFords when they could buy Honda's for less money. But, to each their own.
It is NOT your concern. But do remember, things coast more (a lot more) now than they did 40 years ago. Plus, as we thought differently than out parents, our kids and grandkids think differently than us. Values are different....parents don't know how to say "No!" and kids graduate from HS knowing less about real life values and how to make sound decisions that when I was there age.
Your right...it probably isn't hoss...and I wonder why you even bothered to respond...it obviously isn't any of your concern either.
 
Big Education is as bad as Big Business. Please don't tell Lizzy Warren that people who spend big money for big education end up running those big businesses that she hates.
I agree with you about something Tex. Higher Education and GOVERNMENT absolutely should not be run like a private business. There is no profit/loss in either of them. Both provide unique and needed and valuable service that that allows our society to flourish and both defy convention thinking and measurement.
 
What concern of that is yours,Tenn?
I think people are wasting money buying Chevrolets andFords when they could buy Honda's for less money. But, to each their own.
It is NOT your concern. But do remember, things coast more (a lot more) now than they did 40 years ago. Plus, as we thought differently than out parents, our kids and grandkids think differently than us. Values are different....parents don't know how to say "No!" and kids graduate from HS knowing less about real life values and how to make sound decisions that when I was there age.
It is not wasting money to buy a Chevy or Ford since those are more American sounding names.
 
You obviously had the abilities to succeed regardless...I just don't think that path works any longer...you have to be in a specialized field today. Just curious...what was the original plan for your history degree?
If push came to shove, one could always teach school somewhere. However, the idea was to learn a little about a lot and more importantly, learn how to learn what I wanted/needed to learn. I knew a lot about golf, back in the day and looked into getting into that area. However, I READ once where "healthcare" is where the money is...and I found my niche there. It worked out ok for me.
In my second life when I I have to find a job I believe I will start my own ticket vending business........my Gawd, what these folks charge (and collect) per ticket puts a lot of healthcare charges to shame!
 
This is the biggest crock of crap I've ever read. It gives your life quality and substance? Explain...

After you retire, you're degree that you obtained 43 years ago is still providing something? Providing what?

It taught me appreciation for how people live in this world. It taught me interesting tidbits behind works of art, architecture, religious beliefs. Everytime I travel, I see something new. Be it to the grocery store or Europe. My liberal arts education has helped me appreciate my life and everything that has come with it.....both the good and the bad. Longlive...you got to go out and live life and meet it on its terms...not yours. Its a big wide world out there buddyboy...and the more you see and experience it, the more your realize you ain't nothing in it. A 3 year old thinks and acts as if the world revolves around them. As you age and mature, you understand this is not the case.
 
It taught me appreciation for how people live in this world. It taught me interesting tidbits behind works of art, architecture, religious beliefs. Everytime I travel, I see something new. Be it to the grocery store or Europe. My liberal arts education has helped me appreciate my life and everything that has come with it.....both the good and the bad. Longlive...you got to go out and live life and meet it on its terms...not yours. Its a big wide world out there buddyboy...and the more you see and experience it, the more your realize you ain't nothing in it. A 3 year old thinks and acts as if the world revolves around them. As you age and mature, you understand this is not the case.
A college education isn't needed to appreciate those things. You could learn those better from travelling than in a classroom anyway.
 
It taught me appreciation for how people live in this world. It taught me interesting tidbits behind works of art, architecture, religious beliefs. Everytime I travel, I see something new. Be it to the grocery store or Europe. My liberal arts education has helped me appreciate my life and everything that has come with it.....both the good and the bad. Longlive...you got to go out and live life and meet it on its terms...not yours. Its a big wide world out there buddyboy...and the more you see and experience it, the more your realize you ain't nothing in it. A 3 year old thinks and acts as if the world revolves around them. As you age and mature, you understand this is not the case.

We will agree to disagree. You seem to have a very romantic notion of what college means to people and how it shapes them.

I disagree and feel that experiencing life in the wild provides the things you mentioned rather than reading about them in a book.
 
A college education is still essential for job stability and financial gain in the future. Statistics show that people with college degrees did far better in the great recession and still have far greater income than those without an education.

That said, people do need to be much more focused when going to college. Very few people anymore can afford to go to college and "find yourself". It's just too expensive to go to school and then figure out what you want to do. People need to go to college with a plan and figure out the cheapest way of achieving that goal. By the way, that should exclude for profit schools as a) they are far more expensive than state schools and b) most employers don't even give those degrees three seconds of thought before throwing them in the garbage.

Also, some degrees are no longer financially viable. Unless you get school paid for you, don't go into education. With state budgets being cut to the bone very few places offer pay and benefits that justifies the $100k+ expense of becoming a fully trained and educated teacher. I saw some people talking about philosophy majors and they are right, to an extent. A philosophy major by itself is basically worthless, however, a philosophy major combined with a law degree, or a political science degree becomes very useful. Same with English. By itself it isn't worth much, however combined with other degrees it becomes very valuable.

The bottom line is, don't go to college unless you have a plan on what you are going to do. Get your gen-eds taken care of at a community college. It's too expensive to waste time. Also, make sure you are mature enough to do well. A degree with a 2.0 gpa and no internships is worth about as much as a high school diploma anymore. However, if you do get through school as cheaply as possible and don't spend your four years doing nothing but kegstands your career prospects for the future are far greater than those that do not have a degree.
 
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