Why is College So Expensive? - The Business of Life (Episode 6)
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- Опубликовано: 19 май 2024
- The average college graduate is saddled with thousands of dollars of debt. That’s because the average cost of a four-year college degree in this country has exploded over the last two decades. Is the crippling debt accrued by students a smart financial decision? And, compared to the rest of the world, why do Americans pay so much for higher education? To unpack this issue, we’ve enlisted Student Voice’s Zak Malamed, Allison Schrager from Quartz, and Dale J. Stephens, an elementary school dropout who founded his own business in his late teens.
Watch “What’s the Price of US Citizenship? (Episode 5)” - bit.ly/1KfmANY
Watch "Millennial Veterans and the Cost of War (Episode 4)” - bit.ly/1HwUCeP
Watch more episodes of "The Business of Life" - bit.ly/1GdejD9
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Call him arrogant if you want, but the "un-college guy" was right. A huge number of college kids are mainly concerned with drinking and partying, not their education. A lot of them don't even know why they're going to college (including one of the panel members) THIS is why college is getting more expensive. Because the system is a joke and is taking advantage of the immaturity of young people.
TheSupercow2008 Right on.
TheSupercow2008 I'm an engineering major taking 18 units per term (calc,physics,programming,engl) and a part time job. I barely have any time to party. Now anything outside of STEM attracts idiots, especially business.
TheSupercow2008 The "un-college" owner is a fraud, and this is why. I was about to attend the un-college program myself, except at the time I wanted to attend the program it was 10k, now it's more like 15k. That's a LOT of money to NOT go to college. He needs to be more realistic about his program, bc he hasn't changed anything in what the program provides, he's just charging more now.
knowledgeiskey0110 Lol Anybody can get a business degree.
knowledgeiskey0110 I bet you don't remember anything you learn because your'e taking too many courses per semester.
College degree = new high school degree
ArielHelwany 240,000 spent just to be in debt for the rest of my life? nahhhh might as well take that money and be a entrepreneur
. Most people don't have that much debt. I majored in engineering, and came out with 36,000 in debt. Right out of college they started me out at about 72000 a year and in 3 years I paid it off.
ArielHelwany Experience> Education
Easily offended "most" does not include you Mr. Obvious...
Chris Gutierrez If you play your cards right one can come out with little to no debt. Like going to a CC for your first 2 years.
lets be real here. If you get a degree in acting, you're kinda asking for it.
***** Ye i think he did. Never go for an acting degree kids
Wow u two dimwits deserve a nomination for the most clueless readers.
twitch.tv/lesbianturtle You get a degree in computer science, but that does no t guarantee that you'll have the necessary experience. If you dedicate several years to just coding and learning yourself, create a github profile, write a few open source projects, do a few freelancing gigs, then you'll out-compete any college graduate that has little experience.
Jon Wise well no shit, There is no 100% guarantee that you will get in x field for x degree. But if you look at the statistics on average STEM majors tend to get paid better than their other counter parts. IDK about what the computer science courses they have for other schools. But one of my course requirements is an internship course. Every computer science major or related major is required to take it. It's not some bullshit do some pointless code for some pointless homework, its actual work experience you can use as a work reference. "If you dedicate several years to just coding and learning yourself". This mentality is not suited for an average person. The average person can't just jump into coding by simply putting in time. Chances are they won't know where to begin. You need a mentor, the best way you can get connections and further your development is through college unfortunately. Coding is but one small fraction of what computer science is all about. There's a shit ton of jobs you and i have never heard of. The safest and fastest way to jump into this field is college. You can ask any employer that the majority of people that are applying have college degrees and if they tell you other-wise. They're lying sacks of shit. "Oh no, many of our applicants are dropouts and are very dedicated coders" BULLSHIT.
twitch.tv/lesbianturtle I kind of split on that thought process. I rather take a chance at trying to be successful in something I love than settle for a 9 to 5 job that I hate. The best thing about the US is that you can pursue your dream, whatever it is. If you fail, at least you tried.
What frustrates me in this episode is Schrager is constantly saying, "Go to college, college is great," but in the same breath will say things like "PhD's are not created equal." It's so hypocritical. Either an education is an investment or it's not. I understand that there's a lot of grey area, but spoon-feeding the notion that everyone should go to college unilaterally is so 1990s, and it's clearly not working.
It's a scam, why else do you think a major bank would agree to pour support into these talks. The same bank industry that needed a bailout. The same bank industry who has profited greatly, couldn't keep its own company in check. They don't have any real solutions. No one does. Not even the leading countries in the world can help their own people get the jobs that have been lost since the recession- "depression".
Chris Fox That's a broad statement, it really depends on how valuable what you're learning is to society when you graduate. People don't often pay an artist as much as they would pay someone to design a house for them or treat their illnesses. If you only want to be an artist then college probably won't be the best option for you if you were planning on making a healthy living from it, that's kind of a common sense thing though. Look at the wages people already working in the field you're pursuing make, compare that to the amount you have to pay for college, if it allows you to pay off your debt in a reasonable amount of time and give you a high standard of living afterwards than go for it, if not than you should more than likely pass.
Moj4h The issue is that my whole generation was told we would be failures if we didn't go to college. We weren't told that some degrees were less valuable than others. "Follow your dreams," they said, "But you need a degree if you want a job." Now that we've all earned our degrees, we learn the harsh truth: not all degrees are created equal, and there are not jobs for anyone, so get used to starving.
Chris Fox I actually understand where you're coming from. Looking back on my middle and high school years there was a lot of emphasis on going to college and little guidance on what we'd actually do when we got there and even less so on what we'd do afterwards. Just get in and everything will be fine. While I still think college is the best opportunity for me, these last few years have been rough and a lot of problems could have been avoided had I had a better understanding of how colleges work and function prior to going to college.
Chris Fox Well, because education (on all levels) is decentralized, it can be argued no two schools are producing equal graduates. You gotta do your research and pray you live in a good state.
Even though she has PhD in economics, I feel that what she spews out to me shows that she doesn't have much knowledge about the issue other than "look at me, I went to college and have a PhD". Even the first question she gets asked about why the fees are so high, right away even with just high school level economics knowledge you can answer that a college education is price inelastic. They can hike the prices every single year, and of course the students have no other choice but to keep paying and staying in debt.
no let people watch this 30 minute video
Uncollege guy makes so much sense. My student loans started at 40k, and I never used my degree.
College is more expensive because of Reaganism. College have always cost the same its just been heavily subsidized over the years, especially state schools. The subsidy of the schools has been slowly chipped away, making it so the students ave to pay more. With state schools becoming more expensive , private schools took advantage and increased the cost. If we make all public universities and colleges free, private schools will have to decrease the cost because they can't get any students in the door. Very simple.
Finally someone with a great explanation!
You should have been on the panel
Jack hahahah If you make all public universities free, you will pay $10,000 more in taxes.
Kwaviddong Not an an individual level. The tax base will have to pay a lot more, yeah. But we will receive more money from taxes(income, sales) because people are making more money, and the overall economy is healthier. Like for every dollar we invest in college, we will receive that back and then some.
Jack hahahah Can't make more money when there are no jobs for these people.
I like how they don't answer why college is so expensive. Nor do they mention how federal student loans are jacking up the cost of an education.
Cough drop? Anybody have a cough drop? Give the man a cough drop, he needs a cough drop. Maybe some warm tea.
What upsets me about this video is the claim that disenfranchised students gained "soft skills," like learning how to interact with other people. We didn't pay to learn those skills, which we learned on our own; we paid for HARD skills that were supposed to equip us for the workforce.
Facts!!!!! 100%
What about technical degrees? In my area heavy equipment mechanics are making $100K a year. Welders are finishing their 2 years and starting out at $50K + a year. I don't understand why people look down on hard work with your hands. The people with these jobs are some of the happiest folks I know.
Exactly man good thing about learning a technical skill or trade is if you get enough capital you can make your own business and you will be ranking in bank in no time. You will be far off better then the majority of people that went to college because trade skills will always be in demand. Infrastructure, repairs, and maintenance is a constant problem that our country faces repeatedly. Same with learning computers, IT, software skills, and etc. All these courses and learning materials and be easily accessed from online. Problem is people fail to take advantage of their resources and use their time efficiently as possible.
'No scientific breakthroughs in Sweden' the lady said.
“The traditional engineering industry is still a major source of Swedish inventions, but pharmaceuticals, electronics and other high-tech industries are gaining ground. A large portion of the Swedish economy is to this day based on the export of technical inventions, and many large multinational corporations from Sweden have their origins in the ingenuity of Swedish inventors.[4]”
MrRobloMan But Germany man, there are none.... I think I just gone execute some Prisoners with Poison, listing to good music on my mp3player and drive my american tank with that lovely canon... So American....
+MrRobloMan Google, Microsoft, Apple, Facebook, Amazon, etc. Not made in Sweden. Ikea is made in Sweden. You can't compare Sweden/Germany today to the US. It's insane.
Spotify?
Isn’t it funny how the girl with the PHD in Economics was ignorant to your point and mostly used semantics instead of actual explanations?
Education is a business, and unless we do something about it, it will never change. Perfectly said. We need action, and our politicians to stand up for the people, and not the greedy monsters in this country.
The people who are successful without a college degree, or with a "weak" degree like the arts, are pretty much all Type-A personalities who are willing to work hard, network, take risks, and try again when they fail. OR they are especially talented, privileged, or just lucky. If you aren't like that (I know I'm not), but you still want to be rich and successful, then you're going to have to bite the bullet and get a degree. There's no other way around it. The job market is simply too competitive. That's why college is so expensive in the US--it's simple demand. Everyone wants a piece of the pie.
***** Same position. I'm a person that is determined and will powered but with no sense of direction. Joining the military probably will give me a sense of direction and skills depending on your job and upon yourself to do the right thing in taking advantage of their benefits.
Well said.. I am a college dropout, I knew that nothing college offered me in the classroom would benefit me in the real world instead I dropped out hit the private market, networked, worked, took chances, Failed, failed again but finally found my niche in life and I am successful
Yeah. The economist never really said said, "It's supply and demand, ya dufuses," but I think that's it. Especially when you consider the demand isn't just from US students. The whole world learns here.
***** My thoughts exactly. I'm from Australia, so it's the same with university.
charlie burkel Come on, don't be silly. You wouldn't mind being rich. If someone handed you a check for a million dollars you'd be all over that shit.
I'm from Europe; I'm not paying anything for my college.
ELI5: Why is education so insanely expensive in US?
I mean, for one of the richest countries in the world, one would like to assume that you and your government could afford to make education at the very least less expensive. 50 000/year - that's ridiculous.
***** Gotta keep the people down, one way or another!!!
Well for one the best universities and colleges are private, therefore not funded by the government. Harvard, Dartmouth, Stanford, Yale, etc. As a result they are expensive
Nothing is free, so "free" college is payed for through taxes, which would result in very high taxes. Americans dont like the sound of that, even if its for the betterment of the country because we are very individualistic. Bachelors degrees. If it was free it could limit the rate at which a university or college could improve because they would lack the money. In the US a bachelors degree isn't as much of an achievement as it was 20 years ago, and because you cant do much in the workforce with a high school degree more and more people are attending college.
***** Too busy spending trillions on wars that we shouldn't be involved in.
Gnarfis but you see if we spend that money on the improvement of the education system america would thrive as a nation. We would have smarter therefore a more capable populace. The education system in america, especially at the high school level is not improving. Students study for a test, they dont learn. The value of education has slipped from obtaining new knowledge and adapting to it, to passing your test so you can make the honor system or not have to retake the class. As a result students set themselves to test taking, rather than learning. We dont teach kids what to do with their lives until junior or senior year where they begin to take elective classes or until they are in college obtaining massive debt for a degree that doesnt reach the same value.
There are some who believe that such opportunities should only be for the privileged in America.
I like how they never answered the question "why has the cost of college jumped 225%"
That's what happens when a bank makes a commentary on spending money.
Never hear of any scientific breakthroughs coming from Sweden or Germany? Yeah right lol.
That's what I was thinking
Sachaztan They are more of medicinal and eco-friendly engineering. It takes years for US/Canada to adopt the technology and practices coming from Europe.
Sachaztan I mean they have CERN in switzerland and the LHC. I know its not Sweden or Germany , but its close and its part of the EU.
According to the Harvard graduate, no..thats why I can't stand the U.S. Colleges. All greatest scientist and engineers came from Germany to the U.s after WW2. That's not something that should be overlooked anywhere.
Chris Gutierrez "All greatest scientist and engineers..." How can you say that? lol You cannot simply lump the greatest minds at that time from one country, that's very asinine.
The dude that didn't go to college seems very arrogant. He thinks he's the smartest man in the room. Yes he's successful but he needs to realized that he doesn't have the soft skills that college teaches you.
I just wanted to punch him in the face the whole time I was watching the video lol
Its cus he's gay...that's what a gay dude is like.
you don't know that he's gay, doesn't make sense to assume that or to assume that thats how gay people are
Noon Yakesoba Where is evidence that college teaches you soft skills? I can point you COUNTLESS entrepreneurs who don't have a college degree or who say that going to college was a mistake for them.
Seeing that Bank Of America sponsored this almost made me stop watching
Oh my god this poor host's voice. It's like sandpaper.
Velda it's hard to listen to
3:50 Bachelors of Fine Arts in Acting? Yeah, you should've known this was going to happen: you had this coming.
Two huge issues I have with college/universities -- besides the price --- is:
1) There is ZERO incentive coming from schools to go above and beyond just passing courses. If a student earns a 4.0/4.0, gets an internship, or participates in a program that gets the student recognition and indirectly the school, colleges should reward students with more resources or even with a discount on the next semester's tuition. Encouraging students to excel makes the school look very good, helps graduation rates, and it makes it easier to recruit new students to the school.
2) No one should pay 1,000's of dollars to attend a school and then be asked to pony up MORE money to buy the textbooks. The textbooks are arguably a very essential tool for success in college. No one would buy a car that didn't come with a steering wheel, so why do we tolerate inflated tuition that doesn't include a textbook!?!
I got my bachelors degree in Anthropology. Thankfully I only have to take a few pre-reqs before I can get into a masters program for speech-language pathology, which is a career which pays very well and has a high percentage of job growth and demand. I wish I had done more research and would encourage high school and early college students to weigh the cost and benefit of their major's job outlook as well as consider in-state schooling which isn't always appealing but is well worth it in the long run. It really seems like it is not worth it if the total amount of your student debt is more than a year of your expected annual pay.
In this episode of ’The Business of Life’: Is the crippling debt accrued by students a smart financial decision? And, compared to the rest of the world, why do Americans pay so much for higher education?
Watch “What’s the Price of US Citizenship? (Episode 5)” - bit.ly/1KfmANY
VICE News This is unacceptable we need to act on it right now. Quarter of million dollars to finish college? that is too much.
BTW Could you please do a documentary on Ethiopian election, human rights democracy and Obama's planned visit?
keep informing
Great video! Every time I see a new video made by Vice News and Vice i just get blown away, keep up the good work!
It seems that the signaling mechanism of a degree isn't highlighted of a degree as much as it should.
VICE News So in the US you're willing to deny low-income kids a higher education so that rich kids can get the "best education in the world" (thanks largely to brain-drain)?... Amazing how the guests and the host show absolutely no critical thinking when it comes to education as a private enterprise as against education as a human right! By the way the idea that american professors have smaller work loads than in other countries is BS.
matt lzn This segment is sponsored by Bank of America, so you can't really expect them to excercise critical thinking.
What's so great about this series is that it's grounded in reality with all those statistics. So naturally the discussion and the arguments that follow are that much better.
Community college is the way to start
they don't get enough rep :(
Degree in fine arts and acting... how do you say "would like fries with that?"
The demeanor of the guy who didn't go to college makes going to college that much better.
When did this debate take place? I live in Boston and would love to have been there. A BA is nothing more than a barrier to entry in the modern economy. It is there to "weed out under qualified" candidates perceptively... Which it does in the sense that it eliminates people whom potentially aren't willing to put in the time to earn something. The problem is the economics of college now weed out those that would otherwise have finished university. One issue that genuinely bothers me (I work in economics) is that students fail the understand that picking a major should be done with supply and demand in mind. You can go to school for Art History and accrue a hundred thousand dollar tab, but don't be shocked when you graduate with honors and struggle to find a related job. I absolutely disagree with the lady who cites that liberal arts degrees teach you valuable abilities. Any fresh college graduate that lands a decent job can tell you that you learn 1000x what you learn in university in the first year on your respective job. That either signals that the graduates are learning very little in university, or that the degrees themselves are just artificial barriers to entry.
@justbeingmyself352 that's a valid point. The issue here is the value of bachelor degrees being watered down... Ivy League is the "cream of the crop" though and it is assumed by the low admissions that you are the best of the best. In the past it was still that way, but fewer people had degrees so the eligible candidates were fewer, and the value of a 2nd tier degree was higher comparatively to today. For the networking... It's part of how you get into these elite status schools. Yes you have to be smart, but you also will be going to school with much better connected people. Paying 200k for a Harvard degree is a smart investment if only for the connections. I know a Harvard grad who went for something in the Literature field (don't recall the exact major)... She is now a software engineer... When she started there she had no experience. If you think someone from a state school would have this same opportunity with zero experience you are crazy. Paying for an Ivy League degree is a license of eligibility. Paying for a mediocre tier 2-3 degree is just to get you past the reject pile.
I'm going into construction...hell...I can't afford college and nobody is gunna help me. I'm not gunna become a bumb
At least take a course in English
Mateusz Czyz go to:
- community college then transfer to university after completing a couple years
- boot camp to learn certain skills like computer programming
- trade school
all these options are cheaper and probably lands you in better financial positions than the average college grad
Mateusz Czyz
Join the army and get free education once you get out.
What makes you think I'll "get out" or even make it alive if I join the army
Mateusz Czyz
Join in a non-combat role like radio guy (35S), IT guy (25B), graphic designer (25M), musician (42R), plumber (12K), etc. Chances are you'll never see the outside of your base.
The schools here are full of foreigners so the wait lists are ridiculous, on top of that the cost will always go up because rich Asians send their kids here no matter how high the tuition goes
The host made me want to clear my throat throughout this video...
I was very unimpressed
OH MY GOD CLEAR YOUR THROAT ALREADY!
She was such an elitist
The debate was kinda poorly executed...I don't feel like I gained new knowledge from it. If anything, it was muddling and got me more confused about college vs. "un-college" and why.
I'm going to start college next month, thanks for the positive insight Vice News.
Very well analyzed and delivered. Accurate
Still never learned WHY college is so expensive
Here in Italy almost all of undergraduate students don't need or even think about a loan to pay for their education: most Universities have income based taxation system. The more you own the more you pay for your own (and others') higher education. Problem is most universities have low funds and struggle in supporting research without investments from private companies.
damn it that guy needs to f*cking clear his throat
lol 7:18
she's kidding right?
Liberal arts students are annoying because they get all this philosophical knowledge and don't know how to apply it yet so they sound like self-righteous assholes when they talk about any pertinent global or domestic issue or even religion
"Powered by Bank of America" 0:47
RyanBurke lmao
Wow, you are serving beer with your degree because it's degree in fine arts lol
Someone please give the host a glass of water dear Lord
I think that when it comes to the way that the job market responds to the current issues of unemployment or low wages for associates or bachelor degrees and so on, a very important aspect was left out, and that is the huge clash of generation in wich we currently are. Millenials this year have become the largest workforce world wide and have a totally diferent perspective on what education and valuable experiences are.
I went to Salt Lake Community College & I got kicked out for selling weed to my classmates, now I own my a small valet business.
Beowolfenstein You're an idiot.
Dog
I bet you're calling me an idiot not because I sold weed to my classmates, your calling me an idiot because I went to a community college..
No, because you sold weed to your classmates and got kicked out of community college. Way to throw your education away.
Dog
You think you're better than me because I went to community college uh. Be honest with your self.
Im going to chime in here. I went too college for a little more then a semester. I was looking too major in Computer science. Thing is a basically had most of the knowledge before i've been making websites and programing for 6 years before then. I decided to withdraw and pursue some other ventures in my field.
I look most of my earning from past website and investments and started my own SAAS and Cloud Services company. I could have ended up spending more then 50K in tuition a year but in that same year i ended up making a networth of $8 million. Who knows it could have all gone wrong and i could have just wasted my time and money then had no degree... its all about risk and reward. I didn't want too get a boring 9-5 building someone else's dream when i could build my own.
I do wish i could have that college experience, but thats just 4 short years in the still early stages off my life. What blows my mind is those people who studied hard in High school taking AP and/or honors courses, test prep and all these other things too get into a high ranking expensive school then get a almost pointless degree and end up in crippling debt for most their life.
Brandeis is a private school. Avoid attending private schools unless you come from a rich family or received a full tuition scholarship. Attend a public, state school. Also - many programs have required co-op/internships, which does extend and delay the time to complete the degree in 4 years.
This episode is the first almost non-bias episode of this series. What they talk about is fairly accurate and people should follow their advice.
I thought my headphones were broken but it's really Michael's voice aging 30 years from ebola
the un-college guy is kind of obnoxious..
SelphieFairy "College is about getting drunk and having sex LOLOLOLOL" Yeah he doesn't know what he's talking about.
SelphieFairy and your beautiful
elibears54 lolwat
Snowboarder3195 Actually, the "un-college guy" was right about that. A huge proportion of college kids are more concerned about that than their education.
TheSupercow2008 i was actually really interested in what he had to say. i agree that college isn't right for everyone, and i think that as a society we push too hard the idea that you need a college degree to be successful when there's plenty of options that are just as valid. our insistence on college keeps people who might be happier elsewhere from pursuing those options. but i think he seems to believe that higher education in general is a waste of time, and he came off as super pompous by implying that's all that college is.
College in this day and age is just expensive adult daycare unless you are in STEM
His throat gets more flemmy/crackly with every episode. Are you doing okay, Michael?
XD, When the lady said "You never been to college. You dont know." Lol
Anyway, nice episode on college being expensive.
These episodes are not long enough.
VICE: If you do this series again, watch the australian show Q&A so you know how long panel shows like this should be - 1 to 1.5 hours
Also love the sponsor, great taking financial advice from someone who had to take a bailout.
Thinking about these kind of things make me sick...
5:44 yup! same here! unpaid debt but i see the way! you just have to be smart at what u get into and stick with it
My god, that blonde lady is so arrogant, demeaning and rude
The reason people bite the bait for college is the way people are informed from the start. I just graduated high school and I'm already making more money than those in college who have just started working. I got so much shit for not going to college and that I'd be a failure when in reality I had all the perfect skills needed for my job and to advance. Dale makes a lot of true points in this video. Ask what a majority of high school grads are looking forward to when they go to college. Most of the time the "college experience" a.k.a. drinking, drugs, sex and whole lot of other bullshit. I know people who are going for networking or some sort of trade related career when they could've just went to a vocational school or something. Now people will always downgrade and think of those who graduated from a tech school or vocational high school as inferior but if I ask an electrical engineer a simple question on what wire to use, cheap methods, easy practices they won't have any clue. Only positive with college is that you can progress your pay just because you have a piece of paper. My brother knows more than those at his job because he is smart individual and WANTS TO LEARN more than them but yet he gets paid less just cause he doesn't have a degree... Bottom line, if you are willing to learn, and have the patience to do so, you can become anything you want. American education keeps lying to people about college and education in general. Does any body have any idea how much money would be saved if people learned while on the job? Instead of learning, let's be real, useless information they won't ever use in life? People say college is sophisticated blah blah blah, I don't give a single crap. At the end of the day we try to make the most money and hopefully do a job we enjoy. As long as I'm making a good amount of money I could care less about college non sense. I'm on that way just as we speak...
The prices are insane in America I just finished my undergrad in business but can't get a job, luckily my university created a new conversion masters in Software Development for non IT graduates. So I am going back to do that for £5,000 in September.
This series is great and informative. But. Good lord the way this was shot. I sometimes have a hard time focusing on the subject matter because of all the cameraman all over the shots. Especially the ones with the antennas ;)
what a trooper, does the show while sick
This conversation is long overdue. It's nice to finally see something of profound importance being discussed. However I was expecting to see a breakdown of "why college is so expensive?". The forum was mostly channelled towards why one should or should not go to college. Not saying it isn't significant but a tad more clarity would be better for next time
Life experience and networking is the key to success!,,,
Videos like this make me happy that I live in a state where if you can go to college for free if you meet basic requirements. 2.5 cumulative GPA and a 21 on the ACT and boom, all instate public college tuition paid for.
I am looking out my window at work and I see the university with the largest enrollment ASU. It is not a school, it is a business that overcharges students and enriches Micheal Crow and the football and basketball coaches. It has a 63% graduation rate and the amount of debt students accrue is phenomenal. Just yesterday Gov. Ducey passed a bill that will let state universities amass even more debt thus driving up cost even more. The system is beyond broken
did she say the American system is the envy of the world? wow she is deluded
+HorizonLANCE let us be fair America does have the best colleges in the world. Even though per capita counties such as the UK are doing much better
+Rodney Terry do you even know germany? there is no sharia law god damn you dont know shit
+Evan wheeler It is in the sense that the colleges are the best in the world bar none.
+TheeFirewoodGuy Many students are not even able to go to college. They either go to college or are funneled through technical schools, but it depends on grades and decisions as early as 10. Therefore, there is less choice. You cannot even take certain majors unless you do well on exams. In general, I wouldn't recommend the German system. People change over time.
You should travel more. Most countries in the West and developed Asia have one or perhaps two good schools where a tiny percentage of students attend. Most are destined for the civil service or well-connected corporations. The remaining schools are poorly funded and produce little of note. Most international rankings put the US schools in 35-40 of the top 100 slots.
3:50 dont worry girl! you got your smarts on you'll end up doing great things!
I would say if you're going into any arts or fine arts there is no need to take on the burden of tuition at larger universities. Small community colleges have great culinary and better networked art industries.
In Australia you have to go to tafe (government run collage) for 4 years. Paid buy the employer whilst working on the job site be a qualified tradesmen, Buety therapist etc then start a business. Most Australian run with this but most imagrants go to uni.
There's a big difference between a research Professor and a Professor who can teach. I took classes from brilliant researchers who hated teaching and sucked at it. I wouldn't say that makes our universities good. Actually being able to educate our students should be the paramount goal for a University. Unfortunately in America our education system takes a backseat to our handsomely funded military.
My advice to American prospective students:
1. Go to the best in-state school, usually the flagship university in your state (usually named University of Blank)
2. If you want to go to a private university, be sure to have a full or partial tuition scholarship and if you cannot get those, delay your admission, do two years at a community college and then transfer in as a junior.
3. Major in something that interests you and work while in college, this will build your resume if you happen to major in something that sucks economically - like Anthropology.
I would love to see a discussion of trade school vs college. Also pros vs cons of both education. But seriously who makes more college vs trade school?
On the note of taking a gap year, I took 2 gap years and participated in AmeriCorps service programs. I was pushed to think critically, give back to my community, and find myself and my passions. I formed lifelong friendships with people I would not have met otherwise, and I had to work to develop better communication and teamwork skills. I learned how to be empathetic, and found a love for civic duty. I also was given 2 educational awards for college. Gap years are phenomenal. No, college is not for everyone. Yes, the US DOES have work/service opportunities for kids coming out of high school who don't want to attend college, or who aren't ready. the concept of a gap year as a vacation in Europe IS a privilege, but the gap years I have participated in were anything but vacation - working as a tutor in the south side of Chicago at an underfunded high school; serving with the US Forest Service as a wild land firefighter; coordinating volunteers and meeting basic human needs at a food pantry dedicated to promoting pathways to self-sufficiency. The US needs a narrative change on the post-high school opportunities available. Opportunities exist, they just are not advertised as heavily as they need to be to reach a large enough audience to truly get more folks involved in following paths other than collegiate education.
Geez, no one in the audience had a throat lozenge? SMH making the guy doing the talk show with a sore throat
2015: "employers don't want online degrees"
2021: *everyone works over zoom*
In my case I studied in the University of Puerto Rico, completed my bachelor's degree in Accounting and Computer Information Systems in 5 years, and graduated with a surplus of around $25k due to internships during the course of my studies. It did help that college tuition was just around $700 per semester, so I ended up paying around $5k (a few semesters exempt from payment due to being on the dean's list).
Did it hurt me to study on an average college instead of a higher-tiered one? Probably not. Landed a job at a Big 4 firm out of college (interned previously) and have been doing well since. I would definitely recommend future college students to go to in-state college which is much cheaper, and just be proactive participating heavily on student organizations and working in at least 2 to 3 internships before graduating as it really helps you land a great job before even graduating.
Course completion rates for MOOCs are moot! The point of a MOOC isn't to provide formal education experience to "professional" students, but it is to provide an opportunity of learning to everyone from different walks of life.. professional students, working individuals who are interested in just a focused aspect of a course, the elderly who want to fulfill their learning desires, High school students who want to get a taste of advanced courses and every one else with different personal learning needs. Also MOOCs help improve the quality of online delivery of education
Interesting thoughts. Look at Bureau of Labour Statistics can accurately tell you what you will make with a degree. Apply basic math when choosing major + university
Now a days college has to be a smart investment rather than doing what one is passionate for. But you can certainly find your passion in a field which is in demand.
I work in tech, do pretty well and started after high school. I know many others in the same position. :)
That chick with the BFA in acting needs to get into sales ASAP. She'd kill it! Probably not as fun as a bar but better 401k.
12:48 - I was taken back a little bit and surprised. -13:02 I just witnessed a roast
you dont need to go to school to learn how to think critically or how to communicate with people. it would actually be nice if they taught that in school, because a lot of people who have gone to school never learn these things.
Major in something where you will find a job people. Fine Arts, what a joke. That is why I chose Civil Engineering.
Not everyone is capable of doing engineering.
roque816snchz nobody studies fine arts for the money they study it because of theyre dreams
yes very stupid dreams since theyre are so many people who wanna make it big with art and so little who do
but the ones who do are the idols of our time the ones who made it and if they were able to make why shouldnt you
you only have 1 live and many people would rather risk it than just give up and countinue thinking about it every day on theyre boring ass job
thinking and thinking that tehy might have been able to make it
that said im from austria educations free here and im gonna apply for some university next year
and i will try to make a living with my art since for me Art is the Greatest thing humans are capable of
KspreeTheUnicorn If i offended you, I apologize. I wish you success in achieving your dream.
Thanks Obama It is not as hard as people believe it to be.
roque816snchz not at all
just to give you a picture of how i and others see it
its not about logic reasoning or a good future
its about art xD
sure these days a lot of people make a lot of money of art that was created to make money not to be good
but for you know thats not what its about its about finding something truly great in your eyes which inspires you to give that gift to someone else by making art yourself
the greatest pieces of art can't be good in the eyes of everyone
Interesting to watch this in 2021
I worked near 30 hours(minimum wage), Went to community college.. Thank god for Financial aid. No debt from Community college . after that transferred to state school and got my BS in Accounting. $15000 loan and thank God I have a job. Community college is the way to go. First two years have to be in community college.
I think people should assess themselves individually and look at the job market for their specific field. Just because you get a degree doesn't mean you're entitled to a job. Don't take the risk, if you think the outcome is unprofitable. I'm going to college to be a criminal defense lawyer or civil litigation lawyer, and I know the time I'm spending and the debt I'm going to be accumulating (a lot). Be informed, don't just follow the clouds.
The student debt situation as it is today is absolutely unsustainable in the long term, but educational inflation has made a BA equal to a high school diploma from the mid-20th century--this toxic catch-22 has made it extremely hard for people to advance their own interests.
We need publicly funded colleges and vocational schools as well as something to address the current debt load for graduates (e.g. bankruptcy reforms, debt restructuring, forgiveness, etc.).
Personally, I don't have any debt because I got a full scholarship to BU undergrad and my family paid for my graduate degree using what would have been my college fund. That said, not many families have this option.
I was despairing for ages because I want higher education, but I don't have a prayer of paying for it in America AND avoiding the quicksand of debt. I'm going to Canada for college in 2018. The school I found is actually affordable.
***** My cousin did something similar by going to McGill. Too bad people need to move out of the nation to access first world educational opportunities.
I know. I'm gathering the funds as we speak. Hopefully I'll be settled in Canada in a year or so. But you wouldn't believe the flak I'm getting. At best, people are calling me lazy just because I want something affordable, as if being in debt is the American way. At worst, I'm being called a traitor for abandoning my country. Yeah, as if. I'm abandoning their lopsided school system. There's a difference
I think what has caused part of the problem is the desire to be a part of the top 100 on the US News and World Report. This has had universities scrambling to build infrastructure and flashy campuses instead of increasing academic output and rigor. There are way too much pressure for these schools to rank themselves.
Also a problem is the slew of public "research" universities inflating their Endowment instead directly investing that money in education. I'm all for endowments, but not when it's going entirely to pompous academics, who despise the labor force to begin with.
I would have loved to sat on this panel. I work in tech and have had people who worked for me with BSE degrees who make $80k and people with HS diplomas who make $200k. While I believe in education (I am a couple classes from an MS from Carnegie Mellon), I only believe in it as part of a larger plan. I really think college needs to be an intentional decision and not just the natural progression of life.
The only way to lower tuition is to dramatically decrease the amount of govt student loans that are given out. By doing this, colleges will realize that students can't afford going to their school and will lower prices.
Why is this sponsored by Bank of America?
As a current college student, I have this to say. You DON'T always have to go to a fancy school to get a degree!!!!
Why go to a school that charges you $12,000 for a single semester while you can go to a different one that charges the same amount for 2 years and offers the same curriculum. Always apply for grants and scholarships, there's over a billion dollars worth of grants and scholarships that go unused every year simply people people don't go out and search for them. Big companies LOVE to give you their money so they can get their tax breaks. This one kid manage to score a 20K scholarship from a women's golf club and that kids isn;t even female. He got it simply because he applied for it and follow the directions. I myself have racked up enough grants and scholarships that my tuition is completely covered and that the only thing I need to pay out of pocket are text books, which are still expensive, but they are a far cry from my 6k/y tuition rate.
I also cannot stress enough for how people MUST avoid proprietary schools (for profit schools) in any ways possible. Places like University of Phoenix or the Arts Institutes are just really there to make money. They charge high tuition rates for degrees with very little credibility. They target vulnerable people such as veterans who are looking to use their GI bill.
And even if you do go to a school with high credibility, my experience in the workforce so far is that employers mostly don't give a shit about where you got your education as long as you KNOW your material and what you're doing in that field and how you can contribute and be a benefit to that employer's business. They mostly look for experience so it's extremely important that you get internships and gather that experience.
Thats were its gonna end, a simple applause and no change.
I was paid to study in the military, got couple of trade certificates from them and then went to work for the oil/gas industry, at 48yrs old debt free net worth $2million and work half a year offshore, all done with trade education only.
What trade specifically? I'm a younger vet OEF
The STICKER prices have exploded, but private college "scholarships" have have also exploded. These "scholarships" are used to attract the best students, because having the best students allows them be the best school, so the can raise their sticker price. Very few people actually pay sticker price.
I work in a student housing facility and everything the guy who didn't go to school says is accurate. "the college experience is going to school and having sex"!!! mad funny.
Daniel Hall Also, the guy who said he's going to school while figuring it out is foolish. That's how you accrue massive debt.
Daniel Hall Yup. Any idiots who took his advice deserved to suffer from massive debt.
Pensions. Duh. Also, students expect to live in basically what amounts to a resort. Nothing wrong with competition, but it has certainly driven up prices. At the state level, the gov't has been putting far less into subsidizing education since it seems to favor the upper middle class who don't need the help as much.
I hate that they throw ridiculous stats out there about college tuition growing 225% from 1984 - 2014. If you do that math out, it equates to 4.007% each year. Looking at the average inflation rate of 3.22% in the past 30 years, I'd say that's a perfectly reasonable amount.