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-- Higher Education Bubble in the US
Higher Education Bubble in the US
http://www.educationnews.org/higher-education-bubble/
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FIFTY years ago, in the glorious age of three-martini lunches and all-smoking offices, America’s car companies were universally admired. Everybody wanted to know the secrets of their success. How did they churn out dazzling new models every year? |
you will find that in order to get people to discuss a topic in here, its best to post your own thoughts about an issue (citing relevant sources as necessary).
That being said, the bubble has been popped for a while..... Every year the colleges and universities graduate thousands of students with undeclared arts degrees or highly specialized degrees with no job market attached to them. i think post secondary education is extremely important but it is not the place to send your kids to figure out what they want to do with their lives.... figure out what you want to do and then go to college for it. Unless you like to waste money. If you have to go 80 grand in debt to get a job that pays 30k a year you have either chosen a career path with far to many people looking for far to few positions OR you were really really horrible at math as a kid...
Actually, I don't think that's quite the problem. I don't think turning universities into "job market schools" is a good idea: sure, at least some of the courses should get students prepared for the challenges posed by the job market. However, focusing solely on future employment might in the end stifle the development of new ideas - which could ironically be useful for the market at a later stage.
You often hear loads of professors on the humanities pointing out these problems.
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Originally posted by Lira Actually, I don't think that's quite the problem. I don't think turning universities into "job market schools" is a good idea: sure, at least some of the courses should get students prepared for the challenges posed by the job market. However, focusing solely on future employment might in the end stifle the development of new ideas - which could ironically be useful for the market at a later stage. You often hear loads of professors on the humanities pointing out these problems. |
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Originally posted by colonelcrisp While i agree with your argument, part of this problem is that they put the same value on a liberal arts degree or a sociology degree as they would a pre-med, business or engineering degree. |
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Originally posted by colonelcrisp Im not bashing non engineering degrees, i think there is value in all courses of study (except womens studies, thats what cooking school is for) |
at my alma matter, for example, a general undeclared arts degree for a domestic student (from canada) is around $6300.oo per year and an engineering degree is around $9000.00 per year. the majority of that cost difference is that the engineering programs cost way more to administer (cutting edge lab space requirements and specialized buildings) My uni has one of the best structures labs in north america (full scale building structure testing) a class IV microprocessor manufacturing facility, a subsonic wind tunnel, cluster computing lab and a full manufacturing facility (metal, wood and machine shops as well as an advanced composites lab).
But while the tuition is 2700 dollars more for engineering, the expected starting salary is way higher than that of an arts degree. when you tack on the cost of living onto the tuition, you are looking at almost 20k per year. if you graduate with 36k in debt and you are only making 30k a year when you graduate, its going to take you a long long time to pay it off.
I was servicing almost 40 grand when i graduated.... i now owe 1800 and i have been out of school for 5 years.
I guess my point is that if all the specialized equipment and lab space that i needed for my degree only cost 2700 more per year, the departments that only required lecture space arent running very efficiently or they are charging way too much tuition.
FYI international fees are 21,000.00 for engineering and 17,800 for arts....
UNREAL!
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Originally posted by colonelcrisp I guess my point is that if all the specialized equipment and lab space that i needed for my degree only cost 2700 more per year, the departments that only required lecture space arent running very efficiently or they are charging way too much tuition. |
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Originally posted by colonelcrisp FYI international fees are 21,000.00 for engineering and 17,800 for arts.... UNREAL! |
if you think abt it, it actually works out in favor of corporations. they just hire peeps from abroad that have a master's or PhD (from countries where education is very cheap or highly subsidized), and pay them shit wages because they're on a visa, and also work them really hard by dangling the green card carrot.
why would you pay a local person with just a bachelor's the same as someone that has a master's (or in some cases, multiple master's degrees) and is willing to be your wage slave? at the same time they get to cry "oh, there's not enough qualified candidates so we need to increase the visa quotas or offshore our work". well yeah no shit. getting an education is a very, very expensive proposition in this country...
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Originally posted by AnotherWay83 if you think abt it, it actually works out in favor of corporations. they just hire peeps from abroad that have a master's or PhD (from countries where education is very cheap or highly subsidized), and pay them shit wages because they're on a visa, and also work them really hard by dangling the green card carrot. why would you pay a local person with just a bachelor's the same as someone that has a master's (or in some cases, multiple master's degrees) and is willing to be your wage slave? at the same time they get to cry "oh, there's not enough qualified candidates so we need to increase the visa quotas or offshore our work". well yeah no shit. getting an education is a very, very expensive proposition in this country... |
I don't think that's quite the problem too.
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