Unless we have hyperinflation, if tuition is 500k 20 years from now, no one will go.
Why? Because you can basically learn everything on the internet nowadays. Imagine what you could learn 20 years from now. Hell, I'd argue kids don't need to go to college to get a job now. They can learn everything taking courses and reading online. Minus a few majors, college now is just a baby sitting service to make students study.
I think it's pathetic that you are going to pay for your girlfriend's medical school loans.It's sad the cost of tutition. Every single year colleges raise their tuitions for no real reason other than that they can.
I'm already not excited to pay my gfs med school loans when they come due. Couldn't imagine what they will be in 20 years. Thankfully she's already said I can quit me job and stay at home . Though ill keep working and pay the loans off and house off before I quit for good
You mean like $200 oil in 2007 and houses that always go up in price. Nothing rises forever. College tuition absolutely positively cannot keep its 400% over inflation price increases for that long.
Smart people get scholarships that pay for college.
Unless we have hyperinflation, if tuition is 500k 20 years from now, no one will go.
Why? Because you can basically learn everything on the internet nowadays. Imagine what you could learn 20 years from now. Hell, I'd argue kids don't need to go to college to get a job now. They can learn everything taking courses and reading online. Minus a few majors, college now is just a baby sitting service to make students study.
Yes, but what if eventually things shift to where that doesn't mean much? (Obviously not in critical occupations like being a doctor, but in other types of fields)There is this little thing called accreditation... :awe:
I agree its bullshit but ya know.
Unless we have hyperinflation, if tuition is 500k 20 years from now, no one will go.
In other words, part of the US will be third world, the other part first world.
Fewer middle class families will be able to send their kids to college, which will further a slide into poverty.
It's called supply and demand. Colleges have been artificially raising tuition for years because of government subsidized/guaranteed loans.
Yes, but what if eventually things shift to where that doesn't mean much? (Obviously not in critical occupations like being a doctor, but in other types of fields)
I already see it in the entertainment business that I work in. There's often two tiers of people that come in for jobs:
1. the college 'educated' type that often spent their college years going through the motions, partying it up, being indoctrinated in some useless way or other, and now carrying a mountain of debt on his/her shoulders. It's a toss up that they may/may not have learned the necessary skills needed to do the jobs available. A lot of times these types have one burning motivation: sit and twiddle their thumbs, collect a paycheck, and maybe make a dent in that debt mountain.
2. The self-taught enthusiast or 'geek' that spent his/her every waking hour since age 12 learning Maya inside and out, or learning how to draw their ass off, or learning how to edit video or use a camera so well they can achieve the look of any film they ever saw, or producing their own music... etc. etc.
A lot of times these types have one burning motivation: create some awesome shit!
Who's more valuable to my entertainment company? What the hell good is the college type's accreditation if they don't have the self-taught geek's desire, skills and passion for the job? The best person for any given job would be the one who demonstrates the most real world skill and can get things done and even lives/breathes the minutia of the creative process. I've personally seen it time and time again: the self-taught enthusiast will beat out the college-type trying to get by on a piece of overpriced paper virtually every time.
That's just my industry though- may or may not be true in other industries, but I bet there are many that are similar.
Wrong. A college degree is the equivalent of a Medallion in order to own a yellow cab in NY. A College degree is a work permit, no degree the HR system will shred your resume.
So just like people pay 100K to1 Million dollars for a Medallion. American youth will be borrowing 500K in the future to get the Work permit so they can access the American workplace.
As long as the infinite money press runs and the loans are treated unlike any other loan in the US. The prices will continue to skyrocket.
Actually, the majority of people who get married do not divorce. Unfortunately, wombs dry out irrespective of financial situation, so at some point a person needs to either have kids regardless of finances or decide never to have them at all.for most people getting married / kids is simply the next thing to do in their lives..with no thought to the economic consequences they have hanging over their heads for the rest of their lives and the more then likely probability they will get divorced pay child support / alimony / deal with emotionally damaged kids / criminal and drug behavior / kids that end up living at home into their 30's or beyond. Good luck to ya.
Why didn't you? You said you're one credit shy. You may be hiring without consideration of it, but many people don't, including future potential employers of yours. There are many white collar firms that will not hire without a college degree, period.Wrong. You can easily find a GREAT job without going to college.
For example, if you learned programming, software development for 4 years on your own, I guarantee you, you will find an excellent paying job immediately.
I'm 24 years old. I make over 100k. I didn't finish college.
There are 18,000 parking lot attendants in the U.S. with college degrees. There are 5,000 janitors in the U.S. with PhDs. In all, some 17 million college-educated Americans have jobs that don't require their level of education.--Gizmodo
It might just be time to examine this idea that everyone needs to go to college.
Uno
I do agree something needs to be done about education. it's insane how fast and how high college cost..
Why didn't I? Because I started working full-time before I even graduated. My skill was in demand and I learned it all on my own on the internet.Why didn't you? You said you're one credit shy. You may be hiring without consideration of it, but many people don't, including future potential employers of yours. There are many white collar firms that will not hire without a college degree, period.
Some degrees are ALMOST worthless, but none are truly 100% worthless, and given how the middle and lower classes are being squeezed more than ever it truly behooves an individual to get a degree in a decent discipline (i.e. engineering, not social sciences).
Tuition costs must be considered, though; a debt free state place over tens of thousands in private is probably a preference.
If you want to be a software engineer(and make $100k easily):
1. Learn Python first (easiest programming language to learn right now)
2. Learn HTML and CSS (can be learnt in 1-2 months)
3. Try to build an app
4. Use stackoverflow.com for questions
5. Build more apps
6. Practice, practice
7. Learn modern frameworks like Backbone.js, Angular.js, Django, Ruby on Rails
Yeah a hundred K is a lot. I think his ideas in general are good, though. A person spending a good bunch of their free time working on apps, trying to get something in the apple store, or a browser extension or anything they can throw on a resume and say look this many people use this app I invented, it makes for an interesting story.this can definitely work, but the vast majority people who try it are going to fail at it. more power to them if they can do it.
as for 100$k per year, i know thats what everyone makes here on atot, but its very region dependent. there are relatively few jobs, software or otherwise, that make that much money in most of the regions of US. in my region software dev averages about 70$k-80$k. though you can keep your cost of living low (20$k-30$k is doable around here), so it makes for a very good amount of savable/disposable income.