The ultimate irony is that consumer's have the choice and ability to make change in the United States, they just choose not to and put the blame on others.I think there needs to be some kind of movement (and believe there will be within 5 to 10 years) where employers don't require the college degree from potential employees. Everytime you want to "change careers" you have to go into more debt for more targeted occupational training. It's crazy. Meanwhile, all these internet courses are popping up and people can learn a ton of stuff on their own.
Sooner or later the model is going to have to change to give people a chance to get a decent job.
I think the revolution needs to change in students refusing to pay the current rates for a college education and demanding higher caliber professors than the majority of the ones in your average four year university today. Because the kids in high school probably won't recognize this or have enough experience to realize this, I think it's the responsibility of parents to do their due diligence. Paying three times the rate for a known poorer quality experience than existed 20 years ago, you'd think some of them would be advising their children or students otherwise.
Government backed student loans especially hurt the situation. It's yet another government induced bubble that's going to pop. By encouraging brand new, inexperienced adults to pay whatever the going rate is, there is nothing stopping from colleges continuing to raise their rates, and continuing to pay the faculty board and pres hundreds of thousands per year and in my state, 7 figures each. The way the US uses loans and insurance creates price insensitivity.
The value provided is simply not worth the value received. That is exactly why I think everyone should educate themselves. It's free or very affordable, you can learn from the best of the best in anything you learn, everything is practical, the pace of learning is not as fast as the slowest student it's as fast as you can go, and you're completely in control.
What JScott and others have continually talked about with doors opening because of a degree, that can only take you so far. Many of you have touted that it doesn't matter what you learn in college, what matters is how other's perceive you. Sorry, but that's not going to get you everywhere in life. I'd rather actually have the ability and knowledge to get the job done effectively with nobody backing me than the whole world backing me and completely unable to perform. If you have the skill set, you can go and do anything. End of story.
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