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Joined 1 year ago
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Cake day: July 14th, 2023

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  • Not all degrees can be done in a classroom with a projector

    Context.

    I am a non traditional student, who has spent a significant amount of time working between highschool and college. The degree is about $18k/year for tuition. My STEM degree has a track record of 100% job placement, in your degree field, within one year of graduation. and, with a BS, average starting salary is approaching $80k.

    With average rent and stuff, lets call it about $25k/year for the degree. Maybe $30k.

    Is there stuff that the university is spending money on that they shouldn’t? Yes. But, we also have many millions of dollars in equipment, some for undergrad, and some for graduated program use. All that equipment/lab spaces takes up space, and that equipment, our professors, and the reputation of our graduates are what makes the companies want to hire from pur school. We’re not even that big of a school, but we have a large reputation for academics.

    If you started cutting funding and forcing downsizing, you’re losing decades of experience im teaching, many hundreds of millions in labs and equipment, and reducing the quality of the education that can be offered.

    Now, I will grant you that some schools are too expensive, or degrees aren’t worth the cost. And yes, changes in student loan structures are needed, but blanket statements, like that loans should be made illegal, is painting the issue with too broad of a brush stroke. What about making student loans able to be discharged in bankruptcy, and not being federally guaranteed? That could create an environment where loan companies are denying loans based on the cost vs income potential of the degree. Even with that though, we want to be very careful that it is structured in a way that is not going to disenfranchise low income students or minorities. Some degrees will either disappear, or get a lot cheaper. If you can’t get a loan for a $400k underwater basket weaving degree, then it will either go away, or get cheaper.

    A lot of programs need space and equipment to effectively produce a good product. You don’t want to throw the baby out with the bath water.



  • Knowing where one is starting is crucial to formulating a plan.

    I was once in OP’s shoes, college drop out ten years ago, and not a lot of good job prospects. I am now less than a year out of a degree with an income potential close to or actually hitting 6 figures. I was able to work myself into a sound financial position and return to college. Now with a family, and a stay at home spouse.

    Yes, there are a litany of socio-economic issues that can make things more difficult, but to say “getting a better paying job is never the answer” is false. It may be challenging, and it may take time, but there are rarely no options. I have a good friend with a felony, 7 years in prison, and a college drop out who is in a HCOL area who is able to support themselves well with a trade. Yeah, they work weird hours, but they make good money.