College- will anyone go in ten years?
- Thread starter Nitt1300
- Start date
On this board there is no clear line between college and fly fishing.
Happy to hear that the poors have been convinced that their new pathway to financial freedom in this country is no longer education; less competition for my kids. Apparently now the anti-education folks can rely on day trading, crypto currency, Draftkings, becoming a social media influencer, side-gigs, or trying to pimp their kid out at sports, acting, dance, music, or some other entertainment profession so they can coast off of their brief financial success. God Bless America!
Unfortunately, easy student loans for low paying majors provided too many graduates with a pathway to become poor adults. A rejection of college education isn't necessarily a rejection of education, but perhaps a recognition that the trades may be a better pathway for many to pursue.
I thought this Quora reply had some truth and some humor in it .Uh, sorry, you can't wear a hat or finance-bro vest around the country club with 'Self Education U' on it to impress the other wealthy parents; you need an Ivy League or elite liberal arts school name on it. With all that money, the school their kids go to matters a TON.
Which colleges are considered "Tier 1"?
It is a sliding scale depending on your social circle.
“Tier 1″ is considered the top 20 or so in USNWR, which includes the Ivies, Stanford, MIT, Duke, UChicago, UC Berkeley, etc.
If you are Catholic, then Notre Dame is Tier 1.
If you are talking about athletics, then it is a different list.
But when you go to Harvard, “Tier 1” is Harvard, Princeton, Yale, and Stanford, and as someone said, perhaps MIT
The “Lower Ivies” are still considered “Real Schools” or “Top Tier” but not “Tier 1”
In that context, Tier 2 is Columbia, Penn, Brown
Tier 3 is Cornell and Dartmouth (unless you went to Dartmouth or Cornell)
Georgetown is a good example of a University that is considered Tier 1 by the vast majority of people but not considered in the super elite category. I’d put Tufts in this category too.
Amherst, Williams, and Swarthmore are trickier. They are considered Tier 1 liberal arts colleges (LAC) and are really hard to get into because of their small size. But they are ranked separately from universities.
In short, everyone has their own definition. In my town, we send a lot of kids to Princeton but many fewer to Harvard and almost none to Stanford. So, when they announce that the valedictorian is going to Princeton, no one blinks. When they announce that the salutatorian is attending Harvard, everyone “oohs” and “ahs”.
So, the best definition of “Tier 1” is “a university which draws out the ‘oohs and ahs’ from whomever you are trying to impress.”
Beyond that, it is all BS and meaningless.
That’s a nice bumper-sticker version of the issue, but it skips over most of the economics.
There’s a pretty big difference between borrowing $25,000 for a degree that leads to a stable $60,000 career and borrowing $180,000 for the same outcome. The degree isn’t necessarily the problem. The price is.
And yes, the trades are a great option for a lot of people. That doesn’t mean we need to pretend every kid should become an electrician any more than we should have pretended every kid needed a bachelor’s degree.
“College isn’t for everyone” is sensible.
“Student loans created poor adults because people studied the wrong things” is mostly just a convenient way to avoid talking about tuition inflation, predatory pricing, bad financial counseling, and the fact that we spent decades telling teenagers to sign loan documents they barely understood and later would not be dischargeable in bankruptcy or able to be refinanced.
Avoiding talking about tuition inflation, predatory pricing, bad financial counseling, and the fact that we spent decades telling teenagers to sign loan documents they barely understood and later would not be dischargeable in bankruptcy or able to be refinanced, does not change the fact that a college degree isn't the automatic lift in economic status that it used to be, nor is it the value that it once was. You are listing out reasons the point is valid, not refuting it.
That’s moving the goalposts. You started with student loans turning graduates into poor adults because they chose low-paying majors. Now it’s merely that college isn’t an “automatic lift.” I never said it was.
And what’s the alternative—everyone learns a trade, trades crypto, or starts a podcast? We still need doctors, engineers, teachers, accountants, scientists, lawyers, nurses, and countless other educated professionals.
And even at today’s prices, college has paid off enormously for millions of people. Few things have historically offered someone from a poor or working-class family a comparable path into a professional career and higher lifetime earnings.
The problem isn’t that education stopped having value. It’s that people increasingly treat the cost as the only measure of whether it’s worthwhile. Again, go for it. Less competition for my kids.
When your kids needs a plumber on Sunday night on a holiday weekend, have them tell my kid SkiSkiSki sent them and he will give them a special rate.
How are your doctor kids liking living in the United States? Must be a drastic change from India.
Roughly 23% to 28% of undergraduate programs yield a negative financial return.
Approximately 40% of enrolled students fail to finish their degree leaving them stuck with debt with little to no benefit.
Nearly half of all Master's programs deliver a negative net ROI.
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More Gen Z college freshmen are quitting school early and moving back home with mom and dad
Just weeks into the fall semester, some Gen Z college freshmen have left campus and headed back home to take online classes — creating viral debates about the reasons.
www.foxnews.com
Some of the comments below the article are telling as well.
Muturity is a big part of it, having to manage things without their helicopter parents doing everything for them is something they dont want to learn.More Gen Z college freshmen are quitting school early and moving back home with mom and dad
Just weeks into the fall semester, some Gen Z college freshmen have left campus and headed back home to take online classes — creating viral debates about the reasons.
Some of the comments below the article are telling as well.
With so many courses on-line now (even 300/400 level), I see many students choosing to do something like world campus. Stay home as much as possible rather than pay ridiculous housing rates and worrying about finding parking spots.
More Gen Z college freshmen are quitting school early and moving back home with mom and dad
Just weeks into the fall semester, some Gen Z college freshmen have left campus and headed back home to take online classes — creating viral debates about the reasons.
Some of the comments below the article are telling as well.
Those 2 doofy looking frat boys selling the coke should have moved back home.
who reads the comments on the internet?More Gen Z college freshmen are quitting school early and moving back home with mom and dad
Just weeks into the fall semester, some Gen Z college freshmen have left campus and headed back home to take online classes — creating viral debates about the reasons.
Some of the comments below the article are telling as well.
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