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bearishgurl.
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May 6, 2011 at 9:51 AM #694078May 6, 2011 at 10:31 AM #692901
SK in CV
Participant[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]
No, and no.
Top paying jobs will still require college degrees. We might see an increase in conditional grants, where students get their education paid for in exchange for commitments (like there are now for physicians who commit to practice for some length of time in rural and other underserved areas).
I suspect college costs will plateau sometime soon. Federal funding may be greatly reduced and price will be a bigger concern.
We still have pretty good deals here for California residents. Costs for resident students have increased sharply for both the state university and the university of california systems over the last 5 years, but they’re still very competitive, particularly the bang for the buck with the UC system. Currently, that systems has 6 of the top 11 public universities. (And 4 of the top 20 in “Best Value”.) Their 4 year graduation rate is also better than average.
In state costs used to be among the cheapest, but no more. They’re now pretty average in costs, but when considering aid based need, they fall well below average. Average debt at graduation is better than average for public universities, with most of the UC’s falling in in the $16 to $18,000 range.
Great chart with most of this information can be found at:
May 6, 2011 at 10:31 AM #692979Participant[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]
No, and no.
Top paying jobs will still require college degrees. We might see an increase in conditional grants, where students get their education paid for in exchange for commitments (like there are now for physicians who commit to practice for some length of time in rural and other underserved areas).
I suspect college costs will plateau sometime soon. Federal funding may be greatly reduced and price will be a bigger concern.
We still have pretty good deals here for California residents. Costs for resident students have increased sharply for both the state university and the university of california systems over the last 5 years, but they’re still very competitive, particularly the bang for the buck with the UC system. Currently, that systems has 6 of the top 11 public universities. (And 4 of the top 20 in “Best Value”.) Their 4 year graduation rate is also better than average.
In state costs used to be among the cheapest, but no more. They’re now pretty average in costs, but when considering aid based need, they fall well below average. Average debt at graduation is better than average for public universities, with most of the UC’s falling in in the $16 to $18,000 range.
Great chart with most of this information can be found at:
May 6, 2011 at 10:31 AM #693584Participant[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]
No, and no.
Top paying jobs will still require college degrees. We might see an increase in conditional grants, where students get their education paid for in exchange for commitments (like there are now for physicians who commit to practice for some length of time in rural and other underserved areas).
I suspect college costs will plateau sometime soon. Federal funding may be greatly reduced and price will be a bigger concern.
We still have pretty good deals here for California residents. Costs for resident students have increased sharply for both the state university and the university of california systems over the last 5 years, but they’re still very competitive, particularly the bang for the buck with the UC system. Currently, that systems has 6 of the top 11 public universities. (And 4 of the top 20 in “Best Value”.) Their 4 year graduation rate is also better than average.
In state costs used to be among the cheapest, but no more. They’re now pretty average in costs, but when considering aid based need, they fall well below average. Average debt at graduation is better than average for public universities, with most of the UC’s falling in in the $16 to $18,000 range.
Great chart with most of this information can be found at:
May 6, 2011 at 10:31 AM #693731Participant[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]
No, and no.
Top paying jobs will still require college degrees. We might see an increase in conditional grants, where students get their education paid for in exchange for commitments (like there are now for physicians who commit to practice for some length of time in rural and other underserved areas).
I suspect college costs will plateau sometime soon. Federal funding may be greatly reduced and price will be a bigger concern.
We still have pretty good deals here for California residents. Costs for resident students have increased sharply for both the state university and the university of california systems over the last 5 years, but they’re still very competitive, particularly the bang for the buck with the UC system. Currently, that systems has 6 of the top 11 public universities. (And 4 of the top 20 in “Best Value”.) Their 4 year graduation rate is also better than average.
In state costs used to be among the cheapest, but no more. They’re now pretty average in costs, but when considering aid based need, they fall well below average. Average debt at graduation is better than average for public universities, with most of the UC’s falling in in the $16 to $18,000 range.
Great chart with most of this information can be found at:
May 6, 2011 at 10:31 AM #694083Participant[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]
No, and no.
Top paying jobs will still require college degrees. We might see an increase in conditional grants, where students get their education paid for in exchange for commitments (like there are now for physicians who commit to practice for some length of time in rural and other underserved areas).
I suspect college costs will plateau sometime soon. Federal funding may be greatly reduced and price will be a bigger concern.
We still have pretty good deals here for California residents. Costs for resident students have increased sharply for both the state university and the university of california systems over the last 5 years, but they’re still very competitive, particularly the bang for the buck with the UC system. Currently, that systems has 6 of the top 11 public universities. (And 4 of the top 20 in “Best Value”.) Their 4 year graduation rate is also better than average.
In state costs used to be among the cheapest, but no more. They’re now pretty average in costs, but when considering aid based need, they fall well below average. Average debt at graduation is better than average for public universities, with most of the UC’s falling in in the $16 to $18,000 range.
Great chart with most of this information can be found at:
May 6, 2011 at 10:39 AM #692911bearishgurl
Participant[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]
May 6, 2011 at 10:39 AM #692989Participant[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]
May 6, 2011 at 10:39 AM #693594Participant[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]
May 6, 2011 at 10:39 AM #693741Participant[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]
May 6, 2011 at 10:39 AM #694093Participant[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]
May 6, 2011 at 10:58 AM #692921
CoronitaParticipant[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]
Um, I think if you go the “job” route….A degree is going to be mandatory, as more and more people get one. Sorry, some companies just like “check in the box”… And a lot of this is “check in the box”….People love to argue that one is not necessary, but the fact is that companies do care about it to a point…
Sad at it is that, piece of paper sometimes does mean something….Case in point….We were looking to bring in an summer enginerd intern…Turns out he’s going to a well known company with a presence in Seattle. His hourly rate??? $40/hr…..Yup……Check in the box, looks great on paper…
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
I think more and more importantly, it’s not just getting a degree. It’s what you get it in, and is what you get in it going to be useful.
And the days of seeing employers paying you for training is over (unless you work for the government)…People are expected to either have the skill or not…Because the idea is that if you don’t have it, chances are someone else are in the process of learning it themselves….Company aren’t going to pony up to do massive training, especially since everyone behaves like a mercenary these days.
May 6, 2011 at 10:58 AM #692999CoronitaParticipant[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]
Um, I think if you go the “job” route….A degree is going to be mandatory, as more and more people get one. Sorry, some companies just like “check in the box”… And a lot of this is “check in the box”….People love to argue that one is not necessary, but the fact is that companies do care about it to a point…
Sad at it is that, piece of paper sometimes does mean something….Case in point….We were looking to bring in an summer enginerd intern…Turns out he’s going to a well known company with a presence in Seattle. His hourly rate??? $40/hr…..Yup……Check in the box, looks great on paper…
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
I think more and more importantly, it’s not just getting a degree. It’s what you get it in, and is what you get in it going to be useful.
And the days of seeing employers paying you for training is over (unless you work for the government)…People are expected to either have the skill or not…Because the idea is that if you don’t have it, chances are someone else are in the process of learning it themselves….Company aren’t going to pony up to do massive training, especially since everyone behaves like a mercenary these days.
May 6, 2011 at 10:58 AM #693604CoronitaParticipant[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]
Um, I think if you go the “job” route….A degree is going to be mandatory, as more and more people get one. Sorry, some companies just like “check in the box”… And a lot of this is “check in the box”….People love to argue that one is not necessary, but the fact is that companies do care about it to a point…
Sad at it is that, piece of paper sometimes does mean something….Case in point….We were looking to bring in an summer enginerd intern…Turns out he’s going to a well known company with a presence in Seattle. His hourly rate??? $40/hr…..Yup……Check in the box, looks great on paper…
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
I think more and more importantly, it’s not just getting a degree. It’s what you get it in, and is what you get in it going to be useful.
And the days of seeing employers paying you for training is over (unless you work for the government)…People are expected to either have the skill or not…Because the idea is that if you don’t have it, chances are someone else are in the process of learning it themselves….Company aren’t going to pony up to do massive training, especially since everyone behaves like a mercenary these days.
May 6, 2011 at 10:58 AM #693751CoronitaParticipant[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]
Um, I think if you go the “job” route….A degree is going to be mandatory, as more and more people get one. Sorry, some companies just like “check in the box”… And a lot of this is “check in the box”….People love to argue that one is not necessary, but the fact is that companies do care about it to a point…
Sad at it is that, piece of paper sometimes does mean something….Case in point….We were looking to bring in an summer enginerd intern…Turns out he’s going to a well known company with a presence in Seattle. His hourly rate??? $40/hr…..Yup……Check in the box, looks great on paper…
Now if you start your own business, and let your kid inherit it, it probably doesn’t matter what piece of paper you/he/she has…And that’s exactly what I plan on doing….Kid has a nice piece of paper, and inherits a pop shop….
I think more and more importantly, it’s not just getting a degree. It’s what you get it in, and is what you get in it going to be useful.
And the days of seeing employers paying you for training is over (unless you work for the government)…People are expected to either have the skill or not…Because the idea is that if you don’t have it, chances are someone else are in the process of learning it themselves….Company aren’t going to pony up to do massive training, especially since everyone behaves like a mercenary these days.
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