Page 12 of 52 FirstFirst ... 2789101112131415161722 ... LastLast
Results 221 to 240 of 1030

Thread: A college degree is a lousy investment

  1. #221
    That is pretty accurate. Just like the American dream was that you should own a home, which the government made incredibly easy to do. The other aspect of the American dream was that you should go to college, which the government also made incredibly easy to do. Both the institutions and the people that attended them were catered to. The people attending have no business being in school, most likely will never finish school, but here is essentially easy money to attend school now all they need is a school to go to. Along comes schools that have no standards, cost a ridiculous amount of money, problem solved. Student gets to go to college, college gets to make lots of money.

  2. #222
    Quote Originally Posted by buckets View Post
    Just like the housing bubble, it can be traced back to the government's loosey goosey lending standards. It wasn't that long ago that you could loan your way through the University of Phoenix on government-backed cash moneys.
    Oh that's absolutely true. Apparently all Americans are entitled to a house and a college degree.

    That being said where did all this sunken money go? I feel like in the scheme of things universities/colleges have a lot to answer for.

  3. #223
    You go to any college campus and there's likely some form of major construction/renovation going on

  4. #224
    Quote Originally Posted by buckets View Post
    Just like the housing bubble, it can be traced back to the government's loosey goosey lending standards. It wasn't that long ago that you could loan your way through the University of Phoenix on government-backed cash moneys.
    Yep...gov't increasing the demand artificially, via loose lending (more people eligible for college education).

    The main difference between housing/student loans is you have the option of foreclosing as opposed to simply paying off debt, but the cycles are virtually the same.

    Like Skydiving said, if nothing changes, banks will package student debt like CDOs. Pretty disturbing.

  5. #225
    The government does seem to realize the problem this time around as they've stopped some lending to for-profit schools, but it is hard to politically justify restricting access to student loans

  6. #226
    Quote Originally Posted by buckets View Post
    You go to any college campus and there's likely some form of major construction/renovation going on
    Kind of like wealth destruction in the housing market, with people taking home equity loans and "investing" in granite countertops, hardwood floors, etc. to "increase the value".

  7. #227
    Slightly different because schools actually get, collect and spend the cash. They don't owe anyone anything from a tuition perspective. Although if they are financing projects and the loan pool dries up then they'll be in trouble.

    The government/lending institutions end up being the ones screwed. And I guess students who default and get awful credit.

  8. #228
    PM a mod to cement your internet status forever
    PhDeac's Avatar
    Join Date
    Mar 2011
    Posts
    119,860
    Quote Originally Posted by buckets View Post
    You go to any college campus and there's likely some form of major construction/renovation going on
    Yep. That "sunken money" goes to the private sector.

  9. #229

  10. #230
    #ClawsIn #ManUp
    AnonymousDeac's Avatar
    Join Date
    Mar 2011
    Location
    San Francisco
    Posts
    19,975
    Wake at 54

    Other interesting ones:
    WashU at 91
    Emory at 145
    UNC at 214

  11. #231
    Quote Originally Posted by AnonymousDeac View Post
    Wake at 54

    Other interesting ones:
    WashU at 91
    Emory at 145
    UNC at 214
    Wake does surprisingly well for itself. Without any real engineering programs, I think the credit for that has to go to Calloway. Buckets is pulling our numbers up.

    Really surprised to see UNC so low, but I guess they do have a bunch of chuckle-heads weighing the average down. NC State is above them at 155, I suspect their engineering program helps on that front.

    Another surprise was Davidson at 454.

  12. #232
    Quote Originally Posted by Deacfan2009 View Post
    Wake does surprisingly well for itself. Without any real engineering programs, I think the credit for that has to go to Calloway. Buckets is pulling our numbers up.

    Really surprised to see UNC so low, but I guess they do have a bunch of chuckle-heads weighing the average down. NC State is above them at 155, I suspect their engineering program helps on that front.

    Another surprise was Davidson at 454.
    I'm not too surprised that a regional private school has a relatively poor return on investment. Paying for most of the same things school-wise but much less name-value.

  13. #233
    Quote Originally Posted by TuffaloDeac10 View Post
    I'm not too surprised that a regional private school has a relatively poor return on investment. Paying for most of the same things school-wise but much less name-value.
    Yeah. I guess I'm biased because most of the Davidson grads I know are doing relatively well for themselves.

  14. #234
    Most of us aren't getting financial aid, lets be real. I found sorting by annual ROI (without aid) to give a better picture for my personal situation

  15. #235
    Wait, I'm entirely wrong. There are a number of regional private schools that are crushing Davidson on those rankings. Now I'm surprised too.

  16. #236
    #ClawsIn #ManUp
    AnonymousDeac's Avatar
    Join Date
    Mar 2011
    Location
    San Francisco
    Posts
    19,975
    What are Davidson's most popular majors?

  17. #237
    Quote Originally Posted by AnonymousDeac View Post
    What are Davidson's most popular majors?
    Probably just limited to liberal arts stuff. They're only a college, so they don't have a full fledged business school. That would explain a lot. The only person whose major I know was a Poli Sci major, and now she's working for Deloitte.

    GF just informed they also have a new policy to make sure every student that needs financial aid (without loans!) can get it. That should help their ROI in the future, at least.

  18. #238
    Quote Originally Posted by TuffaloDeac10 View Post
    Wait, I'm entirely wrong. There are a number of regional private schools that are crushing Davidson on those rankings. Now I'm surprised too.
    I think it's because their reputation outside of NC is non-existent.

  19. #239
    i feel like Stephen Curry put davidson on the map

  20. #240
    Quote Originally Posted by DistrictDeacon View Post
    I think it's because their reputation outside of NC is non-existent.
    Sure, but that applies to some of the schools that are crushing Davidson and their respective states (eg Denison)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •