Everyone Shouldn't Go To College
Recently College Board presented to congress a report which concluded that college is "high yield" financial investment for all attendees. My preliminary analysis raised several questions about the...
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Michael,Thank you for your work on this. For a long time I have felt that there was something amiss with either the facts and figures of the pro-college peoples or my life. Reason being, I have...
View ArticleRe: Everyone Shouldn't Go To College
I think Michaels comments are right on the mark. I am a pharmacist and although I personally have benefited financially from my college degree, my family is a prime example of why college should not...
View ArticleRe: Everyone Shouldn't Go To College
This is a very good analysis. One comment regarding the Tuition line. Room and board should be taken out of your calculation. A perso would still need a place to live and food to eat regardless of if...
View ArticleRe: Everyone Shouldn't Go To College
I think this re-study fails to take into account the USUAL method of financing a college education.In my case, I got through college using the GI bill and working, NO FINANCING. But this is NOT the...
View ArticleRe: Everyone Shouldn't Go To College
Thank you for all your work on "Everyone Should'nt Go to College". You assumed that everyone would be going into debt to pay for the majority of college which may or may not be true. My story is...
View ArticleRe: Everyone Shouldn't Go To College
Well written, Michael. I think one other thing should be mentioned, and that is that regardless of the cost of the education, some people simply aren't cut out to get a degree. Not everyone has the...
View ArticleRe: Everyone Shouldn't Go To College
I would like to see a breakdown based on major. I would imagine that most liberal arts majors have a negative ROI while majors such as nursing and law do much better.
View ArticleRe: Everyone Shouldn't Go To College
Wow, the fees charged by those universities are huge. Here in the UK the maximum allowed annual university fee is £3,070, for which the government issue a student loan which only has to be paid off...
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There might be other reasons for some people to attend college. For some people, a degree is required by law for the profession they wish to enter. There are also people who believe they are in...
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How would Tech schools look in this kind of analysis?The training programs are one or two years and typically tuition is much much lower than at 4 year institutions.
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In your table "Assumption Changes To College Board Report," there are two extra assumptions that need to be debunkedAssumption: Those that graduate college will get employment commensurate with their...
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I attended a private college during the Vietnam era, so I saw plenty of kids there for the sole reason of not getting drafted. I also saw the curriculum get "dumbed down" in order to keep these...
View ArticleRe: Everyone Shouldn't Go To College
It stands to reason that college is not for everyone but the analysis is clearly not simply a financial one. While a more even handed analysis of the financial issues is certainly helpful, it should...
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