Effing unbelievable
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Back in the day, you could pay for your tuition working full time outside of terms, and part time while studying. These days you just can't do that. If you work pretty flat out, maybe 60 hours a week in some generic "it isn't a career it's a part time job" job for minimum wage, $7.25, that's $435 per week, for 22 weeks (30 weeks of education), around $10k.
Maybe in term time you work 25 hours per week, for the same rate, around $5.5k. All in, you might get around $15-16k. As you point out, at a place like Akron, tuition is $25k per year, so you're already short $10k, plus living costs, plus education costs (books be expensive) - don't know what that cost is in the US, but ballpark figure call it $5k. After a three year course, you're already down $45k.
It really bugs me when people talk about how they paid their way through college with just a part time job - Gip, I know you're saying the opposite and it's refreshing to hear someone from your generation understanding the problems.
Personally, having been in full time employment for only 4 years since university, I'm still in around $70k of debt. It'll be fun trying to pay that off and get a mortgage some time in the next 10 years - in the meantime of course, I'm renting, so losing more money from my overall portfolio.
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Back in the day, you could pay for your tuition working full time outside of terms, and part time while studying. These days you just can't do that. If you work pretty flat out, maybe 60 hours a week in some generic "it isn't a career it's a part time job" job for minimum wage, $7.25, that's $435 per week, for 22 weeks (30 weeks of education), around $10k.
Maybe in term time you work 25 hours per week, for the same rate, around $5.5k. All in, you might get around $15-16k. As you point out, at a place like Akron, tuition is $25k per year, so you're already short $10k, plus living costs, plus education costs (books be expensive) - don't know what that cost is in the US, but ballpark figure call it $5k. After a three year course, you're already down $45k.
It really bugs me when people talk about how they paid their way through college with just a part time job - Gip, I know you're saying the opposite and it's refreshing to hear someone from your generation understanding the problems.
Personally, having been in full time employment for only 4 years since university, I'm still in around $70k of debt. It'll be fun trying to pay that off and get a mortgage some time in the next 10 years - in the meantime of course, I'm renting, so losing more money from my overall portfolio.
Back in the day, you could pay for your tuition working full time outside of terms, and part time while studying. These days you just can't do that. If you work pretty flat out, maybe 60 hours a week in some generic "it isn't a career it's a part time job" job for minimum wage, $7.25, that's $435 per week, for 22 weeks (30 weeks of education), around $10k.
Maybe in term time you work 25 hours per week, for the same rate, around $5.5k. All in, you might get around $15-16k. As you point out, at a place like Akron, tuition is $25k per year, so you're already short $10k, plus living costs, plus education costs (books be expensive) - don't know what that cost is in the US, but ballpark figure call it $5k. After a three year course, you're already down $45k.
It really bugs me when people talk about how they paid their way through college with just a part time job - Gip, I know you're saying the opposite and it's refreshing to hear someone from your generation understanding the problems.
Personally, having been in full time employment for only 4 years since university, I'm still in around $70k of debt. It'll be fun trying to pay that off and get a mortgage some time in the next 10 years - in the meantime of course, I'm renting, so losing more money from my overall portfolio.
Yea, absolutely. My son is lucky because his undergrad school gave him so much in grants and scholarships that his student loans were not that bad. With working for two years before going on to grad school he has even pretty much paid them off (plus he got a little inheritance from his granddad). My daughter's case is different.....she will be saddled with massive debt that has been foisted upon her.
Needless to say, I am not happy with that school. Its endowment fund if 5 times the size of the endowment fund that my son's school. It probably has one of the highest endowment fund to student ratios in the entire nation. But they hoard their money. They have 5 times more money than my son's school....but only gave her a fourth of what my son's school gave. They even told me directly "your son's school has said that they are committed to meeting the financial aid needs of their students. We don't make that same committment". And they don't. Alice Walton went there. (of the Wal-Mart family....richest family in America). I suspect they gave a lot of money to the school. They probably want the money to go to shiny new facilities that they can put there name on....and not to educating their students.
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So what is her field of study, what is her target degree and what particular profession and level is she aiming for realistically?
WSS
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So what is her field of study, what is her target degree and what particular profession and level is she aiming for realistically?
WSS
So what is her field of study, what is her target degree and what particular profession and level is she aiming for realistically?
WSS
Sports marketing and management!!!
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So what is her field of study, what is her target degree and what particular profession and level is she aiming for realistically?
WSS
Sports marketing and management!!!
Sports marketing and management!!!
Hello free tickets...
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The sale of "higher education" is the biggest scam in this country.
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The sale of "higher education" is the biggest scam in this country.
The sale of "higher education" is the biggest scam in this country.
Clearly since they are charging 5 times more for a dorm room than it costs for a luxury apartment.
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People don't seem to care so much about commitment vs reward. If the place you are studying and living is important, if the field of study is important and can't be done for less money, and if your target career is lucrative enough then its a good investment.
If it isn't, why bother?
On the other hand we've had it pounded into our heads that people with a college degree make x times more money. Quite possibly because people who go through the bother of attaining a college degree are more dedicated then those who glide.
WSS
www.westsidesteve.com www.myspace.com/westsidestevemusic www.cdbaby.com/artist/westsidestevesimmons -
The sale of "higher education" is the biggest scam in this country.
The sale of "higher education" is the biggest scam in this country.
I think you are right - when we have tuition costs rising exponentially- and ridiculous freshmen requirements
of having to live on campus as mandatory in order to get grants and loans....
we call it a "racket"
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People don't seem to care so much about commitment vs reward. If the place you are studying and living is important, if the field of study is important and can't be done for less money, and if your target career is lucrative enough then its a good investment.
If it isn't, why bother?
On the other hand we've had it pounded into our heads that people with a college degree make x times more money. Quite possibly because people who go through the bother of attaining a college degree are more dedicated then those who glide.
WSS
People don't seem to care so much about commitment vs reward. If the place you are studying and living is important, if the field of study is important and can't be done for less money, and if your target career is lucrative enough then its a good investment.
If it isn't, why bother?
On the other hand we've had it pounded into our heads that people with a college degree make x times more money. Quite possibly because people who go through the bother of attaining a college degree are more dedicated then those who glide.
WSS
That's exactly what I plan on telling my kids (if I ever end up having any). College is a scam, and a bachelor's degree is pretty much useless unless you're in engineering, accounting, or education.
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People don't seem to care so much about commitment vs reward. If the place you are studying and living is important, if the field of study is important and can't be done for less money, and if your target career is lucrative enough then its a good investment.
If it isn't, why bother?
On the other hand we've had it pounded into our heads that people with a college degree make x times more money. Quite possibly because people who go through the bother of attaining a college degree are more dedicated then those who glide.
WSS
That's exactly what I plan on telling my kids (if I ever end up having any). College is a scam, and a bachelor's degree is pretty much useless unless you're in engineering, accounting, or education.
That's exactly what I plan on telling my kids (if I ever end up having any). College is a scam, and a bachelor's degree is pretty much useless unless you're in engineering, accounting, or education.
That very well may be true....but I am also hoping that her marketing degree can fit on that list.
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People don't seem to care so much about commitment vs reward. If the place you are studying and living is important, if the field of study is important and can't be done for less money, and if your target career is lucrative enough then its a good investment.
If it isn't, why bother?
On the other hand we've had it pounded into our heads that people with a college degree make x times more money. Quite possibly because people who go through the bother of attaining a college degree are more dedicated then those who glide.
WSS
That's exactly what I plan on telling my kids (if I ever end up having any). College is a scam, and a bachelor's degree is pretty much useless unless you're in engineering, accounting, or education.
Well there are certainly careers that might require a bachelor's degree but I see that degree as more of a test of will (or hazing process) than actual need for the information acquired. I remember when I went to college there were dozens of job ads on the bulletin board that said any degree. I don't see any reason for most teachers to have a degree beyond maybe and associates.That's exactly what I plan on telling my kids (if I ever end up having any). College is a scam, and a bachelor's degree is pretty much useless unless you're in engineering, accounting, or education.
And if you go into debt to get a degree in sociology, philosophy,music, art history or even theatre arts I don't want to hear you bitch that you're not making 6 figures a year.
WSS
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Q. how do you spot a marketing major?
A. that's the guy in Taco Bell wearing a neck tie.
WSS
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