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College and University Discussion
Reply to "NBC News Poll: dramatic shift, Americans no longer see 4-year college degrees as worth the cost"
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[quote=Anonymous][quote=Anonymous]It seems like what isn’t being honed in on this article is that the adults say it isn’t worth it to take on a bunch of debt to get a degree…not that the degree in itself is worthless. Even most on DCUM agree it isn’t worth it to incur much debt for college. If you were to ask all these same adults their opinion of college if nobody had to incur debt…you would likely get much different responses. Now, the reality is most debt is incurred by kids from MC families going to the regional school down the street…not even kids taking on debt for a flagship and definitely not “donut hole” families taking on debt to stretch for an Ivy.[/quote] Some colleges cost almost as much as a starter house in a lowere cost of living area for each year of schooling. Mine is at one of those, but earning a technical degree with a high earning potential right out of the box. In that case, the cost of college makes a little more sense. They have classmates at the school earning degrees where even at peak earning, they would never be able to pay off their student loans, and where the entire cost of school is more money than they will take home in the first 10 years of their career. They are at the school for the name brand, not because it makes sense for their jobs or career. In the 2nd group, the high cost of education is not worth the investment. They should have gone to a cheaper state school, not the 95K year private school.[/quote]
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