Deacfan2009
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I can't continue to have a conversation with someone who lacks a high school level knowledge of supply and demand.
http://en.wikipedia.org/wiki/Veblen_good
I can't continue to have a conversation with someone who lacks a high school level knowledge of supply and demand.
People that went to wake in the 80s are dumb
I understood that much - my question was to why my statement led to his statement. Was he saying that my statement was incorrect? If so, then he is the moron because it was simple fact.
I have a professional understanding of how higher education economics work. It's not like pricing soap.
Tuition goes up because demand for education is high and cost of education is used as a proxy for prestige ("you get what you pay for"). We may look at $60K a year as ridiculous, but it's one way that Wake claims to be peers with Duke, Stanford, and the Ivies.
If the spigot dried up, you'd see supply of higher education go down as for-profits close and colleges admit fewer students. But demand would stay high as long as employers want to hire people with college degrees.
Now I do think drying up the spigot would slow the rate of tuition increase, but tuition would definitely stay high.
The problem with this analogy is that the spigot did dry up, so the govt came in and subsidized it, creating artificial demand.
People in the 80's decided to pay elite school prices for a non-elite school.
Wake was on the Best Bargains list in the 80's. Prices didn't really start getting jacked until 1990.
Make up your own narrative though.
The problem with this analogy is that the spigot did dry up, so the govt came in and subsidized it, creating artificial demand.
it seems like too many kids my age go to school and dont really understand what they want to do and what the job market needs, they go 4 years get a history degree and work a shitty job.
Right. Because sadly that's a better alternative to not getting any degree and working a shittier job.
i left college after a semester and i have a fantastic job, its about finding the right company and work your way up, i have 0 debt and would prb make more than getting some 4 year degree and have 50+grand in debt, now if I was planning to go to school for say a doctorate or something similar with a amount of pay that will offset the amount of debt than I can see that its worth it, but for a average person that doesnt really know what they want to do and go blindly into a 4 year college out of high school is on them, i wish i wouldve gone to community college out of high school to actually know what I wanted to do that would actually make me money
Right. Because sadly that's a better alternative to not getting any degree and working a shittier job.
Wake was on the Best Bargains list in the 80's. Prices didn't really start getting jacked until 1990.
Make up your own narrative though.
i left college after a semester and i have a fantastic job, its about finding the right company and work your way up, i have 0 debt and would prb make more than getting some 4 year degree and have 50+grand in debt, now if I was planning to go to school for say a doctorate or something similar with a amount of pay that will offset the amount of debt than I can see that its worth it, but for a average person that doesnt really know what they want to do and go blindly into a 4 year college out of high school is on them, i wish i wouldve gone to community college out of high school to actually know what I wanted to do that would actually make me money
i left college after a semester and i have a fantastic job, its about finding the right company and work your way up, i have 0 debt and would prb make more than getting some 4 year degree and have 50+grand in debt, now if I was planning to go to school for say a doctorate or something similar with a amount of pay that will offset the amount of debt than I can see that its worth it, but for a average person that doesnt really know what they want to do and go blindly into a 4 year college out of high school is on them, i wish i wouldve gone to community college out of high school to actually know what I wanted to do that would actually make me money