How Does TCS Feel About College Tuition?

[fuzzy moonunit]

http://www.economist.com/blogs/freeexchange/2012/04/education?fsrc=scn/fb/wl/bl/sellingapieceofyourfuture

Basically, instead of paying for college, students have proposed offering universities a set percentage of their future earnings for a set period of time, e.g. students making between $30,000-$200,000 would pay 5% of their net income to the university. Obviously the numbers are up for tweaking, but if a college degree is so valuable why not put a student in the futures market?

[Fernanernie]

Simple, you take those liberal arts graduates that spend 4 years of tuition for a piece of paper that they can proudly hang up next to their 'Certified Barista' plaque, the college will never see the money.

[Turbohwagon]

What fern said. I don't see this happening though. what will schools do for funds for the first 4 to 5 years that no one is paying to attend or haven't found a job after graduation?

[mnstang]

that's stupid, what if the college grad doesn't get a job after college... why is that the college's fault? did they still not educate them?

sounds like an insurance policy for lazy students.

[Fosters]

Simple, you take those liberal arts graduates that spend 4 years of tuition for a piece of paper that they can proudly hang up next to their 'Certified Barista' plaque, the college will never see the money.

Could be a good thing, maybe it would make colleges think twice about offering fluff degrees...

[fuzzy moonunit]

Could be a good thing, maybe it would make colleges think twice about offering fluff degrees...

Exactly. It would fundamentally rework how universities organize departments and prepare students. The obvious downside is that many degrees will streamline down to vocational technical curriculum; but on the upside it presents universities with a strong economic incentive to educate students in a manner that facilitates real world results, job acquisition, and productivity in the future labor market.

[93SVT]

How come all the lefty occupied fucks don't go ape shit over the cost of tuition, it’s cost has risen as fast or faster than all the other "big business" stuff they despise? Universities are some of the most bloated “big businesses” out there yet all we ever here about is the oil companies, Wall Street and Wal-Mart.

[N8Dogg98]

How come all the lefty occupied fucks don't go ape shit over the cost of tuition, it’s cost has risen as fast or faster than all the other "big business" stuff they despise? Universities are some of the most bloated “big businesses” out there yet all we ever here about is the oil companies, Wall Street and Wal-Mart.

[Fosters]

Exactly. It would fundamentally rework how universities organize departments and prepare students. The obvious downside is that many degrees will streamline down to vocational technical curriculum; but on the upside it presents universities with a strong economic incentive to educate students in a manner that facilitates real world results, job acquisition, and productivity in the future labor market.

It could have the exact opposite effect, if you consider globalization and outsourcing of various jobs. There are a lot of implications to be considered, and the old adage of 'if you make it idiot proof someone will make a better idiot' certainly would apply. The 'not gonna get a job' piece mentioned above would definitely apply. Look at the occupy crowd, the number of college students and the number of people with jobs there is almost inversely proportional...

I think part of it has to involve a downpayment on the damn thing... We put downpayments on every big investment we make - cars, houses, etc - except education. If kids have to save up a few years before going to college, it will probably make them appreciate work in the first place, and make them think twice about what degree they're choosing. It would shrink the number of students, sure, but not everyone is gonna grow up to be an astronaut...

[Fernanernie]

Nail, Hammer, Head

[GarrettGTX]

I just read a Time magazine article about why the adults in my generation (20-31) are the most unemployed. It said the biggest reason "we" are unemployed is because these stupid kids go to college for leisure studies and shit that is not needed in this economy like ART....

[N8Dogg98]

I just read a Time magazine article about why the adults in my generation (20-31) are the most unemployed. It said the biggest reason "we" are unemployed is because these stupid kids go to college for leisure studies and shit that is not needed in this economy like ART....

That, combined with the fact that we've been conditioned to believe that once we have a college degree we can get ANY job we wish. I fell victim to this mentality when I graduated college 7 years ago. I went to UND, worked part time at Menards in Grand Forks and after I graduated college they allowed me to transfer to the Maple Grove store and work full time. I did this for about 2 months and was then offered a management job in the millwork department. I turned down the job, quit, and decided to pursue a career as an actuary because I had this new fancy math/stats degree. I interviewed a couple times, but no-one offered me a job. Three months later and no job, I learned a very important lesson... never quit unless you have another job lined up first.

I almost lost my wife during this time of pathetic unemployment by my own doing (we weren't married yet), and when I did finally get a job it was for worse pay than Menards had offered me as a manager... My first office job was answering customer service calls for $30K/year... pathetic.

In the long run things worked out, I'm still with the same company, am doing quite well, and I've defined a clear career path (been working here for 6 years). Public school teachers and universities need to stop filling the heads of students with the bull chit that just because they have a degree means they can pick and choose where they work and what they do.

[SAMSONite]

Colleges have no incentive to lower cost. In fact, colleges that simply charge more are viewed as being better and more prestigious even when there is no proof of them offering a better education.

[mnstang]

i remember when i was in high school, most of my friends went to college without any real reason. it is kind of taught nowadays that college is just the next step, makes it easy for kids to just be stupid and follow the train. then they get through with college and it's 'oh shit' time. i have a few old friends that went back to their high school job after graduating their college program.

so the kids go in with no real goal of what they even want to get out of it.

[NOTNSS]

How come all the lefty occupied fucks don't go ape shit over the cost of tuition, it’s cost has risen as fast or faster than all the other "big business" stuff they despise? Universities are some of the most bloated “big businesses” out there yet all we ever here about is the oil companies, Wall Street and Wal-Mart.

Probably because most of them are pampered brats who have their parents foot their tuition bill.