Job market and college costs

Anonymous
I’m wondering this but for $320,000. In theory I think college is about much more than later earnings.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Smart to apply to colleges with best ROI.

https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-private-schools
https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-public-schools


No you want to look at this instead

https://collegescorecard.ed.gov/


This provides zero valuable information!
Anonymous
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Yes, it's very bleak. I'm re-thinking whether we should full-pay to a private. I think the job market will be very rough for a long time. Poor Gen Z.
Anonymous
Anonymous wrote:Here's another good list for ROI schools.

https://poetsandquantsforundergrads.com/news/the-u-s-colleges-with-the-highest-roi/


Why do these scorecards never document outcomes. How many were employed via on-site recruiting; how many have jobs 3mos out and 6mos out; what's the median income of graduates - 2yrs out, 10 yrs out, 15 yrs out; how many went on to graduate schools within five years of graduation; what is the acceptance rates of those who went to graduate schools for MBA/PhD/JD/MD.

Give us some real outcomes-based decision making for ROI.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Smart to apply to colleges with best ROI.

https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-private-schools
https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-public-schools


No you want to look at this instead

https://collegescorecard.ed.gov/


This provides zero valuable information!


This provides the best information in terms of ROI.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Smart to apply to colleges with best ROI.

https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-private-schools
https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-public-schools


These lists are laughable. Truly


Sorry your school didn't make the list. It's ok though.


??? I have no dog in this race. There is no "your school" for me to root for - my kid hasn't gone to college yet.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Smart to apply to colleges with best ROI.

https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-private-schools
https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-public-schools


No you want to look at this instead

https://collegescorecard.ed.gov/




This provides zero valuable information!


This provides the best information in terms of ROI.


lol No it doesn't.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Smart to apply to colleges with best ROI.

https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-private-schools
https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-public-schools


These lists are laughable. Truly


Sorry your school didn't make the list. It's ok though.


??? I have no dog in this race. There is no "your school" for me to root for - my kid hasn't gone to college yet.


Weird. Then what makes it laughable to you?. Show us your list and the research it's based on. Thanks.
Anonymous
This is a good source.
https://cew.georgetown.edu/cew-reports/roi2025/
Anonymous
Anonymous wrote:Very few people spend $200,000 on college. Only the rich and the faux rich do.


Not true. Michigan out of state is over 80k per year.. most SLAC’s arts colleges cost that much too. Out of state public’s will easily cost around 200k.
Anonymous
Anonymous wrote:I’m wondering this but for $320,000. In theory I think college is about much more than later earnings.


I don’t think so. I think college years and college in general is glorified and hyped up. Not saying kids shouldn’t attend college just saying its not all that to justify spending 320k for your kids to party, experiment with drugs or make friends.. I think more and more college especially top 20 is just a prestige signal.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Given the job market is not only terrible but also uncertain, is it still prudent to spend 200k or more on an undergrad degree? Just having second thoughts..

Amazon laying off employees, UPS, Target, Salesforce.. all corporate jobs.


Smart to apply to colleges with best ROI.

https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-private-schools
https://www.princetonreview.com/college-rankings?rankings=top-50-best-value-colleges-public-schools


No you want to look at this instead

https://collegescorecard.ed.gov/




This provides zero valuable information!


This provides the best information in terms of ROI.


lol No it doesn't.



Yes it does. It provides numbers by schools and majors with sources from loan services and IRS.
It's ran by the education department.


Anonymous
Anonymous wrote:Yes. If you have the money. If you don't find a cheaper school or go to the one giving you more money even if a lesser school


This! Don't go into massive debt for college, no matter the degree.
Most can attend a state U or private that gives merit for $30K/year. Kid pays $10-15K (summer job and work PT during school and work on breaks), kid takes the $5-6K fed student loans. That leaves parents with $10-15K to figure out. So $40-60K total. If you have been saving anything for college, many families can cash flow/use college savings for $10-15K per year.

Anonymous
Anonymous wrote:There is a reason state flagships are getting increasingly slight after.

Imo, hard to justify private university tuition except in special cases.

It’s good to ask questions; we have this student debt mess in part because not enough questions were asked.

What does this mean?
What questions?
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