[quote=Scarlett]Anybody thinks college will become less of a requirement for a decent job? Given that in 10 years from now not that many people would even get a college degree?
What about the idea that companies/employers offer college graduates a minimum pay AND assume the college debt – IF the graduate stays with them for X (5?10?) years. (equivalent of mortgage I suppose). Indentured servitude.[/quote]
I depends what you mean by “decent.” An HVAC technician starting at $27.10 per hr with upward mobility is “decent” for a 20 year old in my book. I don’t think ten years from now there will be less people working on college degrees but I think there are and will be too many incoming students who are qualified and want to attend CA public universities when there are insufficient billets. Thus, they will have to go private or out of state if they want to work on a four-year degree. This could cause some parents to move to another state at least one-year prior to HS graduation to establish residency. Or move after HS graduation and their new graduate taking one year off to work. Out-of-state tuition cost 2.5 to 3 times as much as in-state tuition. It is needless to pay that if the parents can otherwise transfer in their job(s) or obtain a new one.
I could see employers offering to pay for enrichment classes one at a time to employees who are taking classes in their line of work. But I don’t see them funding a four-year degree for an employee or assuming any of their college debt. Employers don’t actually CARE if their employees have longetivity with them or not. In CA, there are plenty of applicants waiting in the wings who will work for less.
Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant]